Nirmala Sitharaman
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Apple may have to wait for GST rollout, says Sitharaman
Commerce and Industry minister Nirmala Sitharaman said Amercian phone-maker Apple's demand for tax incentives to set up a manufacturing unit in the country will have be looked at after the Goods and Services Tax (GST) is rolled out.
"GST will...
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Govt has not accepted most of the demands of Apple: Nirmala Sitharaman
The Government on Wednesday said it has not accepted ‘most of the demands’ of iPhone maker Apple which wants to set up manufacturing unit in India.
According to a PTI report: To a question in Rajya Sabha on whether the...
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GJEPC to team up with Commerce Ministry to work on Udupi gold craft centre
The Gems and Jewellery Promotion Council (GJEPC) is teaming up with the commerce ministry to set up a gold craft and design institute at Udupi in Karnataka in an effort to reskill local freelance artisans.
According to a PTI report:...
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Retrenchment in e-commerce industry not unique to India: Nirmala
IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally.
The minister's comments came a day after major layoffs were announced by...
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Budget 2017 has given a push to manufacturing, export infrastructure: Nirmala
The Budget 2017-18 has provided an impetus to manufacturing, export infrastructure and government e-marketplace, Commerce and Industry Minister, Nirmala Sitharaman said.
She said that Finance Minister Arun Jaitley has announced several measures for the ministry.
The Budget "provides renewed impetus to manufacturing...
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Govt yet to decide on giving sourcing relaxation to three companies
Government has not yet decided on giving relaxation of sourcing condition in the single brand retail sector to three companies, Parliament was informed.
"Only 3 companies have sought relaxation of sourcing condition. No decision has been taken by the Government...
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Alibaba Group's Global MD meets Nirmala to explore investment opportunities
Chinese e-commerce major Alibaba Group's Global Managing Director K Guru Gowrappan today met Commerce and Industry Minister Nirmala Sitharaman to explore investment opportunities.
According to a PTI report: Huge opportunities exist for such big firms to invest in the country's...
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India disappointed at low rank in World Bank's Ease of Doing Business report
IANS -
Reacting to India's rank remaining unchanged in the latest World Bank Doing Business report, the Indian Government said on Wednesday that reforms undertaken by it and the states have not been adequately captured in the rankings released.
"I am a bit...
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Govt will provide all support to gems & jewellery sector: Nirmala Sitharaman
The Government is all set to extend full support to the gems and jewellery sector in India, especially since it is recording a healthy growth at a time when outbound shipments are facing challenges, Commerce and Industry Minister Nirmala Sitharaman said...
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Logistic hubs being set up near ports to boost exports: Sitharaman
IANS -
The Government is establishing logistic hubs near sea ports with private sector participation to cut down on challenges and move towards boosting double digit growth in exports, Union Commerce Minister Nirmala Sitharaman said.
"We are establishing logistic hubs nearer the...
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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