Ministry of Commerce & Industry DGFT implements system-driven rule based Faceless Automation for ad-hoc Input Output Norms Fixation In line with ongoing efforts to modernize and streamline foreign trade procedures the Directorate General of Foreign Trade (DGFT) has decided that ad-hoc Input Output Norms will be determined through a rule-based, system-driven process, with the…...
India attends Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial meeting in Singapore
Ministry of Commerce & Industry India attends Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial meeting in Singapore Indian delegation led by Secretary, Department of Commerce, Shri Sunil Barthwal participated in the Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial meeting held in Singapore on 6 June 2024. The IPEF Ministerial Statement of 14 November 2023 declared substantial conclusion…...
WIPO Treaty, a big win for India and Global South
Ministry of Commerce & Industry WIPO Treaty, a big win for India and Global South The World Intellectual Property Organization (WIPO) treaty on intellectual property, Genetic resources and associated traditional knowledge, is a significant win for countries of the global South and for India, which is a mega biodiversity hotspot with abundance of traditional knowledge,…...
Incubation Centre inaugurated at DPIIT’s National Council for Cement and Building Materials
Ministry of Commerce & Industry Incubation Centre inaugurated at DPIIT’s National Council for Cement and Building Materials The National Council for Cement and Building Materials-Incubation Centre (NCB-IC) was inaugurated today by Joint Secretary, DPIIT, Ministry of Commerce and Industry, Shri Sanjiv today in the presence of Vice-Chairman-NCB and VC & MD-Star Cement Ltd., Shri Rajendra…...
DPIIT organizes ONDC Startup Mahotsav in New Delhi; platform for startups to leverage Open Network for Digital Commerce
Ministry of Commerce & Industry DPIIT organizes ONDC Startup Mahotsav in New Delhi; platform for startups to leverage Open Network for Digital Commerce 12 Unicorns, over 125 startups commit to onboarding ONDC ONDC facilitates 7.22 mn transactions in April 2024, onboards over 5 lakh sellers Department for Promotion of Industry and Internal Trade (DPIIT) organised…...
3rd Session of India-Zimbabwe Joint Trade Committee held in New Delhi
Ministry of Commerce & Industry 3rd Session of India-Zimbabwe Joint Trade Committee held in New Delhi Both sides to explore cooperation in digital transformation solutions, tele-medicines, rough diamonds, fast payment systems and traditional medicine Geospatial sector, machinery and mechanical appliances, vehicles, mineral fuels, electrical machinery identified as potential sectors to boost bilateral trade Third Session…...
Index Numbers of Wholesale Price in India for the Month of April, 2024 (Base Year: 2011-12)
Ministry of Commerce & Industry Index Numbers of Wholesale Price in India for the Month of April, 2024 (Base Year: 2011-12) The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 1.26 % (Provisional) for the month of April, 2024(over April, 2023). Positive rate of inflation in April, 2024 is…...
4th Meeting of ASEAN-India Trade in Goods Agreement Joint Committee
Ministry of Commerce & Industry 4th Meeting of ASEAN-India Trade in Goods Agreement Joint Committee The 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) was held in Putrajaya, Malaysia from 7-9 May 2024 and was co-chaired by Shri Rajesh Agrawal, Additional Secretary, Department of Commerce, India and Ms. Mastura Ahmad…...
4th Session of India-Ghana Joint Trade Committee held in Accra
Ministry of Commerce & Industry 4th Session of India-Ghana Joint Trade Committee held in Accra India, Ghana agree to operationalise UPI on Ghana Interbank Payment and Settlement Systems in six months Both sides explore possibility of MoUs on Digital transformation Solutions and Local Currency Settlement System; opportunities under African Continental Free Trade Agreement also discussed…...
India and Australia to work closely for collaborative projects, timely resolve market access issues, deepen people to people contacts, create institutional mechanism for sharing of preferential import data and work on innovative areas for result oriented successful completion of ongoing CECA negotiations
Ministry of Commerce & Industry India and Australia to work closely for collaborative projects, timely resolve market access issues, deepen people to people contacts, create institutional mechanism for sharing of preferential import data and work on innovative areas for result oriented successful completion of ongoing CECA negotiations Posted On: 04 MAY 2024 4:39PM by PIB…...