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Searched Tag: union ministry of commerce and industry

The Department for Promotion of Industry and Internal Trade (DPIIT) communicated to the Retailers Association of India to ensure that the GST reduction reflects clearly and prominently as GST discount in the receipt/bills and that major focus be given on high-impact products

Display GST discounts prominently, Comm Min tells retail chains

September 16, 2025, 02:55 PM - 2 min read

The Department for Promotion of Industry and Internal Trade (DPIIT) communicated to the Retailers Association of India to ensure that the GST reduction reflects clearly and prominently as GST discount in the receipt/bills

Analysts see a further increase in the WPI as global crude oil and commodity prices see an uptick and the rupee continues to depreciate

Wholesale inflation in FY26 may rise further: Experts

September 16, 2025, 02:28 PM - 3 min read

Government data released on Monday showed an increase in the WPI, which touched its highest point in four months at 0.52 per cent

India’s trade deficit contracted by more than 54 per cent in August 2025 after exports surged and merchandise imports reduced significantly, as per government data

Higher exports in August cut India’s trade deficit by half

September 16, 2025, 01:24 PM - 2 min read

India’s merchandise and services exports surged to $69.2 billion in August 2025, while its imports fell to $79 billion; although services imports increased marginally to $17.45 billion

The DGTR, under the Ministry of Commerce, is the apex authority for administering all trade remedial measures, including anti-dumping, countervailing duties and safeguard measures

Steel industry seeks safeguard measures for local players

August 10, 2025, 07:15 PM - 2 min read

The Indian Stainless Steel Development Association (ISSDA) has filed a petition with the Directorate General of Trade Remedies (DGTR) to investigate import of sub-standard stainless steel that threatens the growth of homegrown companies

An file photo of India's commerce and industry minister Piyush Goyal with US Commerce Secretary Howard Lutnick

Next round of India-US trade talks to be in India

May 29, 2025, 09:15 PM - 2 min read

A US team will visit India on June 5-6 to discuss the ongoing BTA deal with India, say govt sources

India restricts 42% of Bangladeshi imports, $770 mn impact: GTRI

May 18, 2025, 10:09 AM - 4 min read

India has restricted imports worth USD 770 million from Bangladesh, affecting 42 per cent of bilateral trade, the GTRI said. The move, effective immediately, restricts key exports like garments and processed foods to select sea ports, amid growing diplomatic tensions and trade barriers.