Nirmala Sitharaman

Commerce Minister Nirmala Sitharaman on Thursday lauded the increase in foreign direct investment (FDI) in India but said it will be meaningful only when it translates into increased job creation. "FDI flow is really very good but we have to...

The 21st edition of India International Seafood Show (IISS) will be organised in Goa in 2018, it was announced here on Sunday. "The coastal state of Goa, knowing for its scenic beauty, sandy beaches and thriving ports, would host the...

The Cashew Export Promotion Council of India (CEPCI) on Thursday urged the central government to initiate immediate steps to arrest the slide in the fortunes of the cashew industry in particular and exports in general. "Unfavourable export policies have resulted...

The Consumer Affairs Ministry has put in place a dedicated team to resolve consumer grievances related to e-commerce companies and others. "Glad to share that Consumer Affairs Minister Ram Vilas Paswan has put in place a dedicated team for dealing...

India is not considering allowing foreign direct investment (FDI) in multi-brand retail trading in the current circumstances, the government said on Wednesday. "At the moment, India can create several Walmarts of its own. We welcome anybody. But if some way...

Corporate Affairs Ministry has assured Commerce Minister Nirmala Sitharaman of taking up the pending payment issue of cash-strapped e-commerce firm AskMe on priority basis. According to a PTI report: Representatives of All India Online Vendors Association (AIOVA) met Sitharaman on...

An online marketplace, named as GeM, has been launched recently for buying of goods and services by central ministries and departments with a view to bringing transparency in government procurement, estimated at Rs 10,000 crore a year. "It will bring...

Aiming to ensure greater transparency and revolutionise Government procurement, Commerce and Industry Minister Nirmala Sitharaman has launched the Government e-Marketplace (GeM). The Directorate General of Supplies and Disposals (DGS&D) has developed the GeM, a completely end to end procurement system...

As per a report in PTI: Five companies including Apple India, Acer, Le Ecosystem Technology, Lenovo (India) and OPPO Mobiles have sought relaxation in the local sourcing norms to set up single-brand retail stores in India. Parliament was informed about the...

Government has said that it has approved 89 proposals for foreign investment in single brand retail trading (SBRT) and one in the multi-brand sector up to March. "The Government has approved 89 proposals for foreign investment in single-brand retail trading...