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India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

India can benefit from global trade challenges: Suresh Prabhu

The minister was speaking at the CII annual general meeting here.

9 April 2018 4:18 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

19 states implemented startup policies: Commerce ministry

Narendra Modi unveiled a slew of incentives to boost startup businesses.

6 April 2018 7:12 PM IST

The government is working on several areas such as building infrastructure to improve logistics system in the country with a view to promote trade and industrial activities, Union Minister C R Chaudhary said on Friday.

Govt working on several areas to improve logistics infra: C R...

The government is working on several areas such as building infrastructure to improve logistics.

6 April 2018 6:13 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Commerce ministry seeks inter-ministerial views on new industrial...

The proposed policy will completely revamp the Industrial Policy of 1991.

2 April 2018 4:36 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

Task force set up to evaluate and curb import dependance, says govt

Some countries including Saudi Arabia and Kuwait have imposed ban on import of certain agricultural products.

30 July 2018 3:48 PM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

US tariff hike on steel no immediate threat to Indian players, says...

The import tariff hike by the US will not pose any immediate threat to the domestic industry.

20 July 2018 5:07 PM IST

Trump administration in the WTO alleged that export incentives were harming American companies.

China files WTO challenge to Donald Trump's USD 200 billion tariff...

The one-sentence Commerce Ministry statement gave no legal grounds for the challenge or other details.

16 July 2018 3:36 PM IST

The countrys vast coastline provides huge potential for the domestic industry in terms of exploiting marine products and promoting exports, Commerce and Industry Minister Suresh Prabhu said on Tuesday.

India, Latin American nations have huge potential to boost trade ties:...

The LAC region comprises 43 countries and the major economic and trading partners of India.

28 Feb 2019 2:04 PM IST

They have managed to create solar cells using a simple inkjet printer. (Photo: Pixabay)

India may impose anti-dumping duty on a certain type of sheet used in...

The commerce ministry's dumping investigation arm DGTR has recommended the duty in the range of USD 537 to USD 1,559 per...

27 Feb 2019 2:17 PM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

India, US expected to soon finalise a trade package to boost bilateral...

ndia's exports to the US in 2017-18 stood at USD 47.9 billion, while imports were USD 26.7 billion.

23 Feb 2019 4:35 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Prabhu inaugurates projects worth Rs 1,000 crore

The projects in seven states and two Union Territories were inaugurated through video conferencing here, the commerce...

22 Feb 2019 5:19 PM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:29 PM IST