The Directorate General of Foreign Trade (DGFT) has imposed restrictions on the import of specific laptops and computers falling under HSN code 8471. The new regulations, effective immediately, pertain to laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers. As per the notification issued by DGFT, importers are now required to obtain […]
The Central government is expected to come out with the much-awaited draft of the e-commerce policy. Union Commerce Minister Piyush Goyal on Wednesday held the final round of consultations with industry representatives from Amazon, Flipkart, Tata Digital and more. Consumer Affairs Secretary Rohit Kumar Singh and Secretary, Department for Promotion of Industry and Internal Trade […]
FSSAI, Northern Region along with Radisson Blu, Kaushambi organised a millet awareness event based on the theme “Millets: From Farm to Plate” on 31 July, 2023 specially for the chefs of numerous acclaimed hotel chains and students from several hospitality as well as culinary institutes. Navneet Jain, Group CEO, Radisson Blu, Kaushambi Delhi NCR and […]
Hon Hai Technology Group (or Foxconn) signed a Letter of Intent to set up a new mobile components manufacturing facility at a cost of Rs 1,600 crore in Kanchipuram district in the presence of Tamil Nadu Chief Minister MK Stalin on Monday. Giving this information, Tamil Nadu Industries Minister TRB Rajaa said in a tweet […]
The state governments along with oil palm processing companies have initiated a mega plantation drive to further increase the area under oil palm cultivation in the country. Three major oil palm processing companies- Patanjali Food Pvt. Ltd., Godrej Agrovet, and 3F are actively promoting and participating with the farmers in their respective states for record […]
The Confederation of All India Traders (CAIT) on Thursday sent a letter to the Union Commerce & Consumer Affairs Minister Piyush Goel has strongly urged for early rollout of ecommerce policy, ecommerce rules under the Consumer Protection Act and a new press note replacing Press Note No 2 of FDI in retail policy to streamlining […]
In line with the decline in international prices and the continuous policy interventions made by the central government, edible oil prices in India have declined considerably. In a written reply in response to a question in the Parliament on Wednesday, Minister of State for the Ministry of Consumer Affairs, Food and Public Distribution Sadhvi Niranjan […]
IMF’s Chief Economist and Director, Pierre-Olivier Gourinchas, has said restrictions imposed by India on exports of certain varieties of rice are likely to exacerbate volatility in food prices in the rest of the world. “And they (the ban on rice exports) can also lead to retaliatory measures. So, they are certainly something that we would […]
The technical textile segment in India has in recent years shown robust growth, both internationally and in the domestic market, and the market is likely to double in the next five years, said Rachna Shah, Secretary, Ministry of Textiles. “Within India, the market size is around USD 22 billion, and the goal of the government […]
The government’s agricultural marketing company National Cooperative Consumers Federation of India Ltd (NCCF) on Monday began selling tomatoes at the subsidised rate of Rs 70 per kilogram through the Open Network for Digital Commerce (ONDC). Anice Joseph Chandra, Managing Director, NCCF told ANI that “We have partnered with ONDC for sale of tomatoes in Delhi […]
