commerce ministry


US tariff hike on steel no immediate threat to Indian players, says govt

Jul 20 2018

The steel ministry said today that India's steel exports to America are very low and hence the import tariff hike by the US will not pose any immediate threat to the domestic industry.

Diamond trade body helps DRI unearth scam

Jul 13 2018

Commerce Ministry body, worked as whistle blowers to help the Department of Revenue Intelligence expose a multi-crore diamond scam.

China raises tariff rates for some US optical fiber products, from July 11

Jul 10 2018

China’s commerce ministry said on Tuesday it is raising “anti-dumping tariff rates” for some optical fiber products originating from the United States, effective on Wednesday, July 11.

China second-quarter economic growth seen slowing as trade war looms

Jul 05 2018

China’s second-quarter economic growth is expected to have slowed slightly from the previous quarter, a Reuters poll showed, as the government’s efforts to tackle debt risks crimp activity and a looming U.S. trade war threatens exports.

Prabhu expects 20 percent growth in exports

Jul 04 2018

Prabhu said he is expecting around 20 per cent growth in exports in June.

Exports of cereals up 34.36 percent in 2017-18

Jul 02 2018

Exports of cereals from India grew by 34.36 per cent to USD 8.1 billion in 2017-18 on account of increasing demand in global markets, according to the commerce ministry.

India to provide tariff concessions on 3,142 items to APTA members

Jul 02 2018

India has agreed to provide tariff concessions on 3,142 products to Asia Pacific Trade Agreement (APTA) members, including Bangladesh and Sri Lanka, from July 1, the commerce ministry said.

China commerce minister says will significantly widen market access

Jul 02 2018

China will significantly widen market access and oppose any kind of protectionism, Chinese Commerce Minister Zhong Shan said in an article published in People’s Daily.

Japan sticks with assessment economy is 'gradually recovering'

Jun 19 2018

Japan left unchanged its assessment that the economy is gradually recovering, showing policymakers remain confident of a moderate upturn after a contraction in the first quarter.

Export promotion offices to open in 10 missions abroad: Prabhu

Jun 15 2018

The Department of Commerce will soon open 10 offices in Indian missions abroad to boost export promotion activities, Commerce Minister Suresh Prabhu said.

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