Commerce Ministry moves Cabinet note on interest subvention scheme

Last Updated: Sunday, August 9, 2015, 10:53

To give a fillip to exports, the Commerce Ministry has moved a Cabinet note on a proposal to provide cheaper credit access to exporters from various sectors under the interest subvention scheme.

China says Silk Road trade touches $485 billion

Last Updated: Thursday, August 6, 2015, 19:32

The import value from those countries was USD 189.6 billion, accounting for 23.4 per cent of its total import.

Amazon India opens third customer service facility in Pune

Last Updated: Thursday, August 6, 2015, 14:27

The facility will support Amazon.In and Amazon.Com with pre- and post-order customer service through various mediums like e-mail, chat, phone and social media, Amazon said in a statement.

Snapdeal launches new website Findmystyle.In

Last Updated: Wednesday, August 5, 2015, 21:58

E-marketplace major Snapdeal will spend USD 100 million (Rs 640 crore) in the next three years on research and development as it looks to bring solutions to enrich online shopping experience as the competition hots up in the booming e-commerce industry in India.

No proposal to enact separate law to regulate e-commerce: Govt

Last Updated: Tuesday, August 4, 2015, 15:51

Some instances of irregularity in the functioning of e-commerce have come to the government's notice, but there is no proposal to enact a separate law to regulate this emerging area, Parliament was informed on Tuesday.

E-commerce rakes up $2.68 tn in China despite slowdown

Last Updated: Monday, August 3, 2015, 15:16

China's e-commerce trade soared in 2014 thanks to improved Internet infrastructure and an increase in cellphone users, state-run Xinhua news agency reported.

'Start-ups to add at least a dozen billionaires in India'

Last Updated: Sunday, August 2, 2015, 13:51

India is likely to produce at least a dozen more billionaires and several new millionaires by 2020 as the country's start-ups scene hots up, fuelled by sectors like e-commerce, financial services and other technology-driven fields, an Assocham study has projected.

Commerce Minister working on internal processes to ratify WTO's TFA

Last Updated: Friday, July 31, 2015, 20:50

The government is working on internal processes to ratify WTO's trade facilitation agreement (TFA), which looks to ease Customs procedures to boost trade, a senior commerce ministry official on Friday said.

Ranking states on ease of doing biz: DIPP gets 25 responses

Last Updated: Friday, July 31, 2015, 16:30

The DIPP has received response from 25 states and union territories including Uttar Pradesh, Madhya Pradesh, Tamil Nadu, Odisha, Maharashtra, Karnataka, and Rajasthan.

US economy rebounds at mild pace in Q2

Last Updated: Friday, July 31, 2015, 11:19

The US economy expanded at an annual rate of 2.3 percent in the second quarter, a moderate bounce from the revised 0.6 percent increase in the first quarter.

US economy grew 2.3% in second quarter

Last Updated: Thursday, July 30, 2015, 18:51

The US economy picked up sharply in the second quarter, boosted by increased consumer spending and exports after a tepid first quarter, the Commerce Department reported Thursday.