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With cash still being the preferred mode of payment, Bharat is a far cry from a cashless economy. (Representational Image)

India's digital economy seen at USD 1 trillion by 2025: Official

By 2025, India is poised to reach USD five trillion economy over all.

31 May 2019 5:47 PM IST

The proposal is part of a 100-day action plan prepared by the ministry for the new government, which will take office on May 30.

100-day agenda: Commerce ministry proposes to create separate dept for...

At present, a logistics division is functioning under the department of commerce and headed by a special secretary-level...

28 May 2019 2:39 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin asks commerce ministry to assess revenue impact of proposed...

India is looking for a balanced trade agreement, as it would cover 40 per cent of the global gross domestic product.

8 Aug 2019 3:03 PM IST

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

India again defers duty hike on US products till January 31

According to a notification by the finance ministry, the implementation of the duty hike has been postponed until...

18 Dec 2018 2:41 PM IST

Railway Minister Suresh Prabhu.

Govt to prepare action plan to boost trade with Africa: Prabhu

The commerce ministry has decided to formulate a comprehensive action plan to boost India's trade with Africa.

7 May 2018 3:13 PM IST

PM Narendra Modi

Modi lays foundation stone of paperless office for Commerce Ministry

It will be a completely paperless office with modern facilities such as smart access control, video conferencing.

22 Jun 2018 12:40 PM IST

PM Narendra Modi

Modi to lay foundation stone for commerce ministry complex tomorrow

Narendra Modi will tomorrow lay the foundation stone of Vanijya Bhawan.

21 Jun 2018 4:36 PM IST

India pays its third largest oil supplier in euros using European banking channels and imports.

India looks to revive rupee payment system for Iran oil imports:...

India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran.

23 Jun 2018 11:43 AM 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.

Govt may impose anti-dumping duty on Chinese polyester yarns

The government may impose anti-dumping duty of up to USD 528 per tonne for 5 years on a Chinese polyester yarn.

7 Jun 2018 2:54 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.

US emerges as top export destination for India

China was India's largest source country for imports during 2017-18.

5 Jun 2018 4:47 PM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Depictions against Flipkart-Walmart deal sent to concerned department

In May, the US-based retailer Walmart Inc announced acquisition of 77 per cent stake in Flipkart in its biggest takeover...

6 Aug 2018 5:49 PM IST

E. coli, Listeria and Salmonella were found in commercial frozen raw-meat pet food from Dutch companies. (Photo: Pixabay)

Buffalo meat exports up 4 per cent in April-July: APEDA

In volume terms, the exports increased to 3,84,096 tonne during the reported period as compared to 3,73,808 tonne in...

29 Aug 2018 6:30 PM IST