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CBI Raids Premises Of Ex Bureaucrat Ramesh Abhishek In Corruption Case
The CBI on Tuesday searched the premises of former Department for Promotion of Industry and Internal Trade (DPIIT) secretary Ramesh Abhishek after registering an FIR against him for amassing assets disproportionate to his known sources
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Movie Songs Played At Weddings Is Not Copyright Violation, Says Centre
The decision was welcomed by the general public and the hospitality sector, which often faces pressure from copyright organisations.
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ONDC's Beta Version Now Live in Five More Indian Cities
The government's initiative ONDC on Wednesday said its beta version has now become live in Mumbai, Delhi-NCR, Chennai, Hyderabad and Kolkata. Open Network for Digital Commerce (ONDC) is an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT). The network is now accessible to buyers (consumers) and sellers in these additi...
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India on Track to Quadruple Mobile Exports From Rs. 22,500 Crore in 2020-21, DPIIT Secretary Says
India is expected to quadruple its mobile exports in comparison to that of 2020-21, according to DPIIT Secretary Anurag Jain. The mobile exports so far are already worth around Rs. 50,000 crore, according to Jain, while the figure for the previous year was Rs 45,000 crore.
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ONDC Network Begins Beta Testing in Bengaluru at Select Locations
Open Network for Digital Commerce (ONDC), an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT), has opened its network to consumers in 16 locations across the city of Bengaluru, the Ministry of Commerce and Industry said on Friday. To begin with, consumers can place their orders in two domains — groceries and restau...
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How the 1 Percent TDS Provision Will Affect the Growth of the Crypto Industry
The recently introduced 1 percent TDS on virtual digital asset (VDA) transactions, as part of the Finance Bill 2022, has been described as highly detrimental to the industry. The tax provision is expected to discourage entrepreneurs and investors from developing the burgeoning industry while the government could lose out on an opportunity to earn t...
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Centre To Organise First-Ever Startup India Innovation Week From Today
The Department for Promotion of Industry and Internal Trade (DPIIT) will organise the first-ever Startup India Innovation Week during January 10-16.
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PM Modi Condoles Death Of Industry Secretary Guruprasad Mohapatra
Prime Minister Narendra Modi on Saturday expressed anguish over the death of Department of Industry and Internal Trade (DPIIT) Secretary Guruprasad Mohapatra.
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Kanjur Marg Land For New Mumbai Metro Car-Shed Belongs To Us, Centre Now Writes To Maharashtra
The political war between Maharashtra and the Central government over the site of a Metro car-shed refuses to die down. Now the Union government's Department for Promotion of Industry and Internal Trade (DPIIT) has sent out a letter to the state asking it to restrain the Mumbai Metropolitan Region Development Authority (MMRDA) from carrying out any...
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Centre Permits Up To 74% FDI Under Automatic Route In Defence Sector
The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday.
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E-Commerce Firms in India Said to Begin Work on 'Country of Origin' Labels on Products
E-commerce companies in India like Amazon.com's local unit and Walmart's Flipkart have begun to update their back-end systems to allow sellers to identify the country of origin on all new product listings on their platforms, two sources aware of the matter said on Wednesday.
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E-Commerce Sites in India to Consider Listing of 'Country of Origin' Label on Products
E-commerce players in India such as Amazon's local unit and Walmart's Flipkart will consider asking sellers on their platforms to list the country of origin on products, three sources familiar with the matter said on Wednesday.
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Allow More Activities With "Reasonable Safeguards", Key Ministry Suggests
The commerce and industry ministry has suggested that more industrial activities should be allowed during the extended coronavirus lockdown with "reasonable safeguards".
-
WhatsApp Invests $250,000 Into Indian Startup Ecosystem
WhatsApp on Monday announced to invest $250,000 worth ad credits into the Indian startup ecosystem to help entrepreneurs better connect with customers and grow businesses.
-
DPIIT Asks Amazon, Flipkart to Reveal Top Five Sellers, Fund Flow, Business Model, and More
After repeated complaints by the Confederation of All India Traders (CAIT) over alleged violation of FDI norms by e-commerce majors, the Department for Promotion of Industry and Internal Trade (DPIIT) has sent a questionnaire to Amazon and Flipkart over their adherence to the norms for Foreign Direct Investment (FDI).
-
CBI Raids Premises Of Ex Bureaucrat Ramesh Abhishek In Corruption Case
The CBI on Tuesday searched the premises of former Department for Promotion of Industry and Internal Trade (DPIIT) secretary Ramesh Abhishek after registering an FIR against him for amassing assets disproportionate to his known sources
-
Movie Songs Played At Weddings Is Not Copyright Violation, Says Centre
The decision was welcomed by the general public and the hospitality sector, which often faces pressure from copyright organisations.
-
ONDC's Beta Version Now Live in Five More Indian Cities
The government's initiative ONDC on Wednesday said its beta version has now become live in Mumbai, Delhi-NCR, Chennai, Hyderabad and Kolkata. Open Network for Digital Commerce (ONDC) is an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT). The network is now accessible to buyers (consumers) and sellers in these additi...
-
India on Track to Quadruple Mobile Exports From Rs. 22,500 Crore in 2020-21, DPIIT Secretary Says
India is expected to quadruple its mobile exports in comparison to that of 2020-21, according to DPIIT Secretary Anurag Jain. The mobile exports so far are already worth around Rs. 50,000 crore, according to Jain, while the figure for the previous year was Rs 45,000 crore.
-
ONDC Network Begins Beta Testing in Bengaluru at Select Locations
Open Network for Digital Commerce (ONDC), an initiative of the Department of Promotion of Industry and Internal Trade (DPIIT), has opened its network to consumers in 16 locations across the city of Bengaluru, the Ministry of Commerce and Industry said on Friday. To begin with, consumers can place their orders in two domains — groceries and restau...
-
How the 1 Percent TDS Provision Will Affect the Growth of the Crypto Industry
The recently introduced 1 percent TDS on virtual digital asset (VDA) transactions, as part of the Finance Bill 2022, has been described as highly detrimental to the industry. The tax provision is expected to discourage entrepreneurs and investors from developing the burgeoning industry while the government could lose out on an opportunity to earn t...
-
Centre To Organise First-Ever Startup India Innovation Week From Today
The Department for Promotion of Industry and Internal Trade (DPIIT) will organise the first-ever Startup India Innovation Week during January 10-16.
-
PM Modi Condoles Death Of Industry Secretary Guruprasad Mohapatra
Prime Minister Narendra Modi on Saturday expressed anguish over the death of Department of Industry and Internal Trade (DPIIT) Secretary Guruprasad Mohapatra.
-
Kanjur Marg Land For New Mumbai Metro Car-Shed Belongs To Us, Centre Now Writes To Maharashtra
The political war between Maharashtra and the Central government over the site of a Metro car-shed refuses to die down. Now the Union government's Department for Promotion of Industry and Internal Trade (DPIIT) has sent out a letter to the state asking it to restrain the Mumbai Metropolitan Region Development Authority (MMRDA) from carrying out any...
-
Centre Permits Up To 74% FDI Under Automatic Route In Defence Sector
The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday.
-
E-Commerce Firms in India Said to Begin Work on 'Country of Origin' Labels on Products
E-commerce companies in India like Amazon.com's local unit and Walmart's Flipkart have begun to update their back-end systems to allow sellers to identify the country of origin on all new product listings on their platforms, two sources aware of the matter said on Wednesday.
-
E-Commerce Sites in India to Consider Listing of 'Country of Origin' Label on Products
E-commerce players in India such as Amazon's local unit and Walmart's Flipkart will consider asking sellers on their platforms to list the country of origin on products, three sources familiar with the matter said on Wednesday.
-
Allow More Activities With "Reasonable Safeguards", Key Ministry Suggests
The commerce and industry ministry has suggested that more industrial activities should be allowed during the extended coronavirus lockdown with "reasonable safeguards".
-
WhatsApp Invests $250,000 Into Indian Startup Ecosystem
WhatsApp on Monday announced to invest $250,000 worth ad credits into the Indian startup ecosystem to help entrepreneurs better connect with customers and grow businesses.
-
DPIIT Asks Amazon, Flipkart to Reveal Top Five Sellers, Fund Flow, Business Model, and More
After repeated complaints by the Confederation of All India Traders (CAIT) over alleged violation of FDI norms by e-commerce majors, the Department for Promotion of Industry and Internal Trade (DPIIT) has sent a questionnaire to Amazon and Flipkart over their adherence to the norms for Foreign Direct Investment (FDI).
