ComMin talks of ambitious reforms agenda to push services

Last Updated: Thursday, April 23, 2015, 22:33

The government is working on "an ambitious reforms agenda" to enhance competitiveness and promote quality services in the country, Commerce and Industry Minister Nirmala Sitharaman said Thursday.

South Korea seeks expansion of free trade pact with India

Last Updated: Thursday, April 23, 2015, 14:36

South Korea, with which India has trade deficit of over USD 8 billion, has sought widening of the scope of free trade agreement by including more products under the pact.

FTP to promote eCommerce cos focusing on job creation

Last Updated: Wednesday, April 1, 2015, 18:48

Under the new five-year Foreign Trade Policy (FTP), the government will provide incentives to eCommerce companies exporting products from sectors that create jobs.

Govt eyes $900 billion exports by 2020; sops for exporters in FTP

Last Updated: Wednesday, April 1, 2015, 18:28

Unlike the annual reviews of the past, the FTP will be reviewed after two-and-half years to ensure continuity in the trade policy.

India ready to talk with EU on FTA: Nirmala

Last Updated: Monday, March 23, 2015, 20:16

Negotiations for the proposed free trade agreement with the European Union may resume as India on Monday said that it is "ready to talk" with the EU on the pact.

Govt to ensure that Nokia-like plant closure doesn't repeat

Last Updated: Monday, March 23, 2015, 18:59

The government is working to ensure there is no repeat of Nokia-like plant closure and is trying to get justice for workers of the Finnish company's India unit, Commerce and Industry Minister Nirmala Sitharaman said today.

Foreign Trade Policy soon: Nirmala

Last Updated: Monday, March 23, 2015, 18:14

The government will soon unveil the much-delayed Foreign Trade Policy (FTP) which is expected to roll out steps to boost exports.

Rice exports up 6% at 8.44 million ton in April-December 2014

Last Updated: Friday, March 20, 2015, 17:50

India's rice exports rose by 6.1 percent to 8.44 million tonnes during the April-December period of current fiscal compared to 7.95 million tonnes in the same period of 2013-14.

Smuggled gold seizures jump as duty stays high

Last Updated: Wednesday, March 18, 2015, 19:37

Trade Minister Nirmala Sitharaman told lawmakers on Wednesday the number of gold seizures in first 10 months of the 2014/15 fiscal year to the end of January had jumped to 3,412 from 2,450 for the whole of the previous year.

Govt foregoes Rs 28K cr revenue to boost exports from SEZs

Last Updated: Wednesday, March 18, 2015, 16:19

The government has foregone Rs 27,956 crore revenue during the last three financial years to boost exports from special economic zones (SEZs), Parliament was informed Wednesday.

India's exports up 0.88% in Apr-Feb

Last Updated: Wednesday, March 18, 2015, 15:20

India's imports during April-February also went up by 0.70 percent to USD 411.80 billion, Sitharaman said.

Govt mulls panel to resolve exporters' issues, boost shipments

Last Updated: Sunday, March 8, 2015, 19:31

The government is planning to form a committee to tackle issues related to exporters as well as boosting outward shipments, Commerce and Industry Minister Nirmala Sitharaman has said.