USIBC recommends big ideas to Biden Administration to boost Indian-American ties
US India Business Council (USIBC), on the occasion of India's 72nd Republic Day, also recommended to the Biden Administration to restructure the US-India Strategic Energy Dialogue to include Climate and Sustainable Growth and create a US-India Scholars Endowment to support higher education exchanges.
Govt to discuss proposed India e-commerce policy on Thursday
DPIIT will hold an interministerial consultation on the proposed e-commerce poli...
India planning tighter FDI rules for e-commerce sector
FDI Rules for E-Commerce: DPIIT may issue a clarification through a Press Note, expres...
SC seeks reply from Centre, 61 firms on PIL alleging duty evasion in iron ore exports to China
A bench headed by Chief Justice S A Bobde took note of the submissions of lawyer and PIL petitioner M L Sharma that the companies be prosecuted for alleged evasion of export duty by declaring wrong tariff code to export the iron ore under the Foreign Trade (Development and Regulation) Act, 1992.
Slow global economy: High cyber fraud cases on Indian exporters
While the government has said that such cyber frauds are causing increased bilateral trade disputes and asked exporters to be cautious, exporters expect such instances to increase.
India, US negotiating on wide range of trade concerns: Congressional report
"The United States and India are negotiating on a wide range of trade concerns, including greater access to the Indian market for US agricultural products, potentially in exchange for US restoration of India's eligibility under GSP. The current status of the negotiations has not been disclosed," the latest report by independent Congressional Research Service (CRS) said.
Income Tax Department surveys offices of Swiggy and Flipkart unit
The I-T Department is conducting a survey at Flipkart Group company Instakart and Swiggy in connection with an alleged bogus input tax credit taken by an external vendor.
Even small Chinese investments likely to face government scrutiny
In April, the government had made changes to the FDI policy to scan all investments from neighbouring countries with an eye on Chinese inflows that had begun to dominate certain sectors, especially those related to technology.
Import monitoring system being developed for several sectors: Commerce Ministry
The system would help gather advanced information on imports of these products and make it available to the stakeholders, including government and domestic industries.
DoT asks e-commerce websites to pull down listings of mobile signal boosters
Installation, possession or selling of illegal repeater is a punishable offence as per the Indian Wireless Telegraphy Act, 1933 and Indian Telegraph Act, 1885. Such illegal equipment interferes with all mobile networks, impacts signal quality and degrades network experience in the entire area.
China threatens countermeasure after US blacklists 59 of its firms
Chinese Ministry of Commerce on Saturday said that the US has "abused" export controls to suppress enterprises, institutions, and individuals of other countries, Xinhua reported.
Microsoft says it found malicious software in its systems
Microsoft also had its own products leveraged to attack victims, said people familiar with the matter
U.S. court to hear appeal challenging order blocking TikTok app store ban
The ban would have required Apple Inc and Alphabet's Google to remove the app from their stores, preventing new users from downloading it or existing users downloading updated versions. It would not have stopped existing users from accessing the app on their devices.
The Bureau of Indian Standards (BIS) likely to be attached with department of commerce
The commerce ministry argues that since BIS is related to framing quality standards for goods services and items which broadly deal with commerce ministry, the department should be attached with commerce ministry.
Department of commerce proactively engaging with states to promote exports: Wadhawan
The secretary also requested state governments to extend their support to take forward the initiatives to boost country's outbound shipments.