Ministry of Commerce and Industry: News

Amid regulatory changes, HUL withdraws 'health' label from Horlicks

In response to recent regulatory changes in the health drinks category, Hindustan Unilever (HUL) has rebranded its "health food drinks" category as "functional nutritional drinks" (FND).

Remove Bournvita from 'healthy drinks' section: Government to e-commerce websites

The Ministry of Commerce and Industry has issued a directive to e-commerce platforms, instructing them to reclassify beverages like Bournvita.

18 Mar 2024

Indian Government

Indian government close to finalizing deep tech start-up policy

The Indian government is establishing a dedicated policy to foster the growth of deep technology start-ups, as per Rajesh Kumar Singh, Secretary of the Ministry of Commerce and Industry.

15 Feb 2024


India's trade deficit widens to $17.5 billion in January 

India's trade deficit has grown to $17.49 billion in January 2024, a slight increase from $17.03 billion in January 2023, as reported by Commerce Secretary Sunil Barthwal.

29 Dec 2023


India's core sector growth slows to 7.8% in November

India's eight core industries experienced a growth of 7.8% in November 2023, marking the lowest increase in half a year, according to data from the Ministry of Commerce and Industry.

14 Nov 2023


Wholesale inflation stays negative for 7th consecutive month in October

India's wholesale inflation persisted in the deflationary territory for the seventh consecutive month in October, registering at -0.52%, as reported by the Ministry of Commerce on November 14.

15 Oct 2023


Rice smuggling along Indo-Nepal border increases after export ban: Report

Rice smuggling has significantly surged along the India-Nepal border since India's ban on the export of non-basmati white rice in July, PTI reported.

03 Aug 2023


India restricts import of laptops, computers to boost local manufacturing

India's Ministry of Commerce and Industry has imposed an immediate import restriction on laptops, tablets, and servers to boost local manufacturing.

Why cough syrup exporters will have to undertake product testing

The Directorate General of Foreign Trade (DGFT) of the Ministry of Commerce and Industry (MCI) has made it mandatory for exporters of cough syrups to get their products tested at government laboratories before they are shipped.

29 Mar 2023

Union Health Ministry

384 essential medicines to cost more from April; See list

In the midst of rising inflation in India, medicine prices are expected to increase by 12% beginning April 1.

15 Mar 2023


India's exports and imports contract by 8% in February

India's trade deficit, the difference between exports and imports, declined narrowly to $17.43 billion in February from $18.75 billion in the same month last year.

17 May 2022


Centre eases ban on wheat export: Here are more details

Just days after banning the export of wheat, the Centre on Tuesday announced relaxations its order restricting wheat export issued on Friday.

21 Jan 2021


India's planned foreign investment policy changes could hurt Amazon

Sources informed Reuters of Indian government's plans to change foreign investment policies that could impact the e-commerce giants like Amazon and Walmart.

23 Dec 2020


Quikr has ended animal sales and pet trading: PETA India

Animal rights body PETA India on Wednesday claimed that e-retailer Quikr has ended "animal sale" on its portal and taken down "pet trading" advertisements after the NGO appealed to it and also mounted pressure.

Unlock 5.0: Cinema halls to reopen from October-15, and more

The Ministry of Home Affairs on Wednesday issued fresh guidelines for reopening of more activities as India emerges from the coronavirus lockdown.

05 Sep 2020

Madhya Pradesh

Ease of doing business: Andhra Pradesh tops states' rankings

The Centre on Saturday released the rankings of states and union territories in terms of Ease of Doing Business (EoDB).

03 Sep 2020


China strongly opposes India's app ban; asks to 'correct mistake'

After India banned several Chinese mobile applications, China has said that it strongly opposed the move. China's Commerce Ministry on Thursday urged India to "correct its mistakes."

18 Apr 2020


Targeting China, India revises FDI Policy to curb 'opportunistic acquisitions'

The Center on Saturday revised the Foreign Direct Investment (FDI) Policy to prevent "opportunistic acquisitions" of vulnerable, coronavirus pandemic-hit Indian companies.

29 Sep 2019


Government bans onion export with immediate effect as prices soar

The Centre on Sunday banned the export of onions with "immediate effect" in a bid to keep the rising price of the vegetable under check.

15 Sep 2019


Traders' body seeks blanket ban on Amazon, Flipkart festive sales

Recently, the Confederation of All India Traders (CAIT) urged the government to ban festive season sales conducted by e-commerce companies like Amazon and Flipkart.

14 Sep 2019


Nirmala Sitharaman announces special funding window for unfinished housing projects

Amid the concerning situation of the country's economy, Finance Minister Nirmala Sitharaman announced a slew of measures on Saturday aimed at boosting growth.

16 Aug 2018

Independence Day

Rupee continues to fall, hits new-low of 70.32 against USD

The Rupee today slumped 43 paise against the US Dollar to trade at a lifetime low of 70.32 on strong demand for the US currency.

13 Aug 2018


Under NDA, imported apples, TVs and smartphones are getting costlier

The NDA government's import policy has undergone a marked change: customs duties have been hiked across categories, affecting more than 400 items.

30 May 2018

NITI Aayog

NITI Aayog's portal to give start-ups access to public data

Government think-tank NITI Aayog has plans to launch a new online portal through which public data will be made available to private entities, including start-ups, announced NITI Aayog's CEO Amitabh Kant at an artificial intelligence (AI) start-up conclave.

19 Feb 2018

Saudi Arabia

Saudi women can start their businesses without a male guardian

2017 was the year of women empowerment in Saudi Arabia. Taking it further, the government has now announced that women can start their own businesses without a male guardian's/husband's permission.

15 Nov 2017

Saudi Arabia

Saudi Arabia finally approves Yoga as a sports activity

2017 has been the year of momentous changes in Saudi Arabia. These changes range from allowing women to drive to permitting its female citizens to watch sport events in stadiums.

03 Sep 2016

Amitabh Kant

200 e-commerce companies suspected fake, under DIPP scanner

Around 200 e-commerce companies have come under the scanner of the Department of Industrial Policy and Promotion (DIPP), many of whom are suspected to be fake.