Ministry of Commerce and Industry Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Wholesale Inflation increases in February

The Wholesale Price Index is released by the Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. Wholesale Price Index February 2019 Inflation based on wholesale prices rose to 2.93% in February over January 2019 due to hardening of prices of primary articles, fuel and power. Wholesale Price Index (WPI) Read More…

Month:  Categories: Business, Economy & Banking

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Foreign Direct Investment to India

The Ministry of Commerce and Industry has released the data related to the Foreign Direct Investment (FDI) inflows during April-September 2018-19. The important aspects from this data: The Foreign direct investment (FDI) into India was declined by 11 per cent to USD 22.66 billion during April-September period of 2018-19. The FDI inflows during April-September 2017-18 Read More…

Month:  Categories: Business, Economy & Banking

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Startup India-WhatsApp Grand Challenge

The Facebook-owned messaging app WhatsApp has announced Startup India-WhatsApp Grand Challenge to encourage entrepreneurs and small businesses in India. About the challenge The challenge is being hosted in association with Invest India. The top 5 winners would receive a cash prize worth $250,000 (roughly Rs. 1.8 crores). The challenge is aimed at encouraging the entrepreneurs who Read More…

Month:  Categories: Events & Observances

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Government puts imports of gold dore in restricted category

Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry has put imports of gold dore in restricted category. This means, now, importer needs a license to import this commodity. Gold dore It is semi-pure alloy of gold and silver which is refined for further purification. Proportions of silver and gold can vary Read More…

Month:  Categories: Business, Economy & Banking

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Growth of eight infrastructure sectors at 4.3% in September 2018

As per data released by Union Ministry of Commerce and Industry, index of eight core industries slowed down to 4.3% in September 2018. It is lowest growth recorded by core sectors in the last four months, as production of crude oil and natural gas declined by 4.2% and 1.8%, respectively. Previously, lowest growth rate was Read More…

Month:  Categories: Business, Economy & Banking

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Core Infra sector growth slows to 4.2% in August 2018

As per data released by Ministry of Commerce and Industry, the growth of core eight infrastructure sectors slowed down to 4.2% in August 2018 against 4.4% in the year-ago in same month. Key Facts The decline in growth was on account of decline in production of crude oil and fertilizer which has dipped by 3.7% Read More…

Month:  Categories: Business, Economy & Banking

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Government developing National Logistics Portal

Union Ministry of Commerce and Industry is developing National Logistics Portal is to ensure ease of trading in international and domestic markets. The portal will link all stakeholders of EXIM (export and import), domestic trade and movement and all trade activities on single platform. National Logistics Portal It will be implemented in phases and will Read More…

Month:  Categories: Government Schemes & Projects

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