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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, Saudi need to explore opportunities in new products, biz:...

Ways to increase trade and investments were discussed during a meeting between Prabhu and the Saudi delegation led by...

21 Feb 2019 2:16 PM IST

Union Minister for Railways Suresh Prabhu (Photo: PTI)

DPIIT begins work on ranking states/UTs on startup initiatives

The exercise aims to evaluate measures taken by states/UTs to boot startup ecosystem.

20 Feb 2019 2:35 PM IST

Railway Minister Suresh Prabhu.

DGFT provided resources to revamp IT infrastructure: Prabhu

Prabhu said an efficient and cost-effective logistics framework would provide huge business opportunities.

20 Feb 2019 1:29 PM IST

Minister of commerce & industry and civil aviation Suresh Prabhu interacts with mediapersons at state BJP office in Kolkata. (Photo: PTI)

Suresh Prabhu launches online course, mobile app to aid exporters

The scheme will help the businessmen to discover trade exports through training, counseling available on the DGFT office...

19 Feb 2019 11:31 AM IST

Every data will undergo validity checks based on globally accepted GS1 standards prior to being published for access by buyers. (Photo: Twitter)

GS1 India inks pact with GeM

Government-e-Marketplace (GeM) will access product data from GS1 India's DataKart.

16 Feb 2019 6:50 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 to notify WTO regarding revoking MFN status to...

The decision would enable India to increase custom duties on goods imported from Pakistan.

15 Feb 2019 5:05 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

India imposed anti-dumping duty on 99 Chinese products: Commerce...

During April-December 20181-19, imports from China stood at USD 53.87 billion as against USD 76.38 billion in 2017-18.

4 Feb 2019 2:21 PM IST

DGTR said the domestic industry has contended that China is providing countervailable subsidies to the producers and exporters of these tyres. (Representational image)

Commerce ministry for imposition of countervailing duty on Chinese...

The move will be aimed at guarding domestic players from imports that are subsidised by China.

28 March 2019 3:28 PM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

Commerce min calls meeting of stakeholders on increasing exports to...

Trade deficit with China increased to USD 63.12 billion in 2017-18 from USD 51.11 billion in 2016-17.

27 March 2019 6:30 PM IST

By taking India off the list, exports of $5.6 billion would be affected in leather products, carpets, textiles, gems and jewellery etc.

India to seek better deal for exporters under FTAs: Commerce Secy

Govt is in the process of further streamlining procedures for exporters to avail benefits offered under trading opening...

15 March 2019 12:02 PM IST

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.

7th RCEP inter-sessional ministerial meet calls for meaningful outcome

The mega trade deal is being negotiated by 16 countries.

3 March 2019 10:22 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Govt eyeing Rs 50,000-cr of public procurement through GeM in FY'20

Public procurement of the Central and State governments runs into over Rs 2 lakh crore annually.

15 April 2019 1:33 PM IST