Page-5 of Ministry of Commerce and Industry
Wholesale Inflation increases in February
The Wholesale Price Index is released by the Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. Wholesale Price Index February 2019 Inflation based on wholesale prices rose to 2.93% in February over January 2019 ..
Month: Current Affairs - March, 2019
Union Ministry of Commerce reappoints P K Bezbaruah as chairman of Tea Board
The Tea Board of India is a state agency of the Government of India (GoI) established to promote the cultivation, processing, and domestic trade as well as export of tea from India. It was established by the enactment of the ..
Foreign Direct Investment to India
The Ministry of Commerce and Industry has released the data related to the Foreign Direct Investment (FDI) inflows during April-September 2018-19. The important aspects from this data: The Foreign direct investment (FDI) into India was declined by 11 per cent ..
Month: Current Affairs - February, 2019
Startup India-WhatsApp Grand Challenge
The Facebook-owned messaging app WhatsApp has announced Startup India-WhatsApp Grand Challenge to encourage entrepreneurs and small businesses in India. About the challenge The challenge is being hosted in association with Invest India. The top 5 winners would receive a cash prize ..
Month: Current Affairs - February, 2019
The newly-named Department for Promotion of Industry and Internal Trade to work under Ministry of Commerce and Industry
The Department of Industrial Policy and Promotion (DIPP) has been renamed as the Department for Promotion of Industry and Internal Trade with a mandate to deal with matters related to start-ups, facilitating ease of doing business among others. The move ..
Government puts imports of gold dore in restricted category
Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry has put imports of gold dore in restricted category. This means, now, importer needs a license to import this commodity. Gold dore It is semi-pure alloy of gold ..