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SCO nations have adopted India's proposal for developing digital public infrastructure (DPI). India continues to make significant development aimed at expanding access to digital technologies and services like Aadhaar, Unified Payments Interface, DigiLocker, and CoWin across the globe.
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Union Minister of Commerce and Industry, Piyush Goyal will also be visiting UK on May 26 - May 27 to hold discussions with UK govt and businesses on the progress made in FTA negotiations and the way forward.
The Union govt has announced for the launch of Start up India Seed Fund Scheme (SISFS) on Jan 29, 2021. The scheme will be launched with a corpus of Rs 945 crore.
Taking steps towards making India a global manufacturing hub for sale & exports of toys, the government has exempted handicraft and GI Toys from Quality Control Order.
The Commerce and Industry Minister today released truncated data for April wholesale price-based inflation saying there was limited transaction of products in the market due to the outbreak of COVID-19. As per the data released, Wholesale Price Index (WPI) deflation in primary articles was 0.79 per cent in April, as against an inflation of 3.72 per cent in March.
Waking ahead in the novel recruitments to the Modi 2 regime, the Centre on Friday appointed Dr Guruprasad Mohapatra, an IAS officer of 1986 batch, as the secretary of the Department for Promotion of Industry and Internal Trade in the national capital.
With the major boost to Prime Minister (PM) Narendra Modi’s flagship programs, Startup India in May 2019 recorded to recognize one startup per hour, making them eligible for tax breaks and incentives.
With the startup culture booming and gaining global popularity, India is marching fast towards becoming one of the fastest growing startup hubs of the world. India, being busy seeking transformative changes in the last four years, continues to see innovation and disruption.
With a wide expectations to take forward the Startup ecosystem in the country and give impetus to the vision of India becoming a Startup Nation, the Department for Promotion of Industry and Internal Trade (DPIIT) today has released the second edition of Startup Ranking for the year underway.
“India’s exports have faced a very challenging period in recent years, on account of developments arising from the global financial crisis of 2008-09, which accentuated after 2013-14, when the world economy, including China experienced a major trade slowdown”, said Dr Anup Wadhwan while addressing the intellectuals at the meeting of Board of Trade (BOT), chaired by Commerce Minister Suresh Prabhu on Friday at national capital.
The Enforcement Directorate (ED) taking a stringent action against Vadodara-based Diamond Power Infrastructure Limited (DPIL) Private Limited and seized assets worth Rs 1,100 crore in connection with its money laundering investigation in a bank fraud case. Notably, Vadodara-based Diamond Power Infrastructure Limited (DPIL) Private Limited is accused of cheating various banks to the tune of Rs 2,654 crore. DPIL through its related entities gained funds fraudulently by twisting and manipulating the facility o