Ministry of Commerce and Industry

Coverage on export transactions to Russia not withdrawn: Centre

The Export Credit Guarantee Corporation of India (ECGC) on Monday clarified that the coverage on export transactions to Russia has not been withdrawn.

published on : 28th February 2022

India's exports rise by 36.76 per cent to $61.41 billion in January

The country's merchandise exports grew by 25.28 per cent to $34.50 billion in January 2022 from $27.54 billion recorded in January 2021.

published on : 15th February 2022

Government taking significant steps to boost startup ecosystem, says Commerce Minister

Huge opportunities for startups in tier 2 and 3 cities and areas like advertising, marketing, professional services, fitness and wellness, gaming and sports and audio-video services.

published on : 21st January 2022

Mobile phone exports increased from USD 0.2 billion in 2017-18 to USD 1.7 billion in 2021

Phased Manufacturing Programme (PMP) has been notified to promote domestic value addition in mobile phones and their sub-assemblies / parts manufacturing.

published on : 17th December 2021

CBI books officials of Delhi-based PEC, Odisha-based Ma Tarini Industries for fraud 

It was alleged that the accused had entered into a conspiracy to defraud public money to the tune of Rs 56,89,52,416 on the pretext of PEC financing domestic procurement of iron ore and coal to MTIL.

published on : 2nd October 2021

Wholesale Price Index inflation eases to 3.58 per cent in December as veggies price decline

Calculated on the basis of Wholesale Price Index (WPI), the inflation was 3.93 per cent in November 2017 and 2.10 per cent in December 2016.

published on : 15th January 2018