New Delhi, April 20 (IANS) The combined index of India’s eight core infrastructure industries declined 0.4 per cent in March this year compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry on Monday.While the production of natural gas, steel, and cement went up during the month, the output of fertilisers, crude oil, coal, and electricity recorded a negative growth, according to a ministry statement.The final growth rate of the eight cor…
Latest Commerce and Industry Ministry News & Updates
New Delhi, March 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 2.3 per cent in February this year compared to the corresponding figure for the same month of the previous year, according to data released by the Commerce and Industry Ministry on Friday.The production of cement, steel, fertilisers, coal, and electricity recorded positive growth in February.Steel production recorded a 7.2 per cent increase in February over the same month of the previous …
New Delhi, Feb 27 (IANS) Commerce and Industry Minister Piyush Goyal said on Friday that India would go in for a rebalancing of the proposed trade agreement with the United States, if required, to protect its interests, in view of the changed situation following the US Supreme Court annulling the tariff hikes announced earlier by the Donald Trump administration.”Given the evolving situation on US tariffs, we will wait and watch and ensure India’s best interests are protected,” Goyal said at a …
New Delhi, Feb 20 (IANS) The combined index of the country’s eight core infrastructure industries increased by 4 per cent in January this year compared to the corresponding figure for the same month of the previous year, propelled by the strong performance of the steel and cement sectors, according to official data released by the Commerce and Industry Ministry on Friday.The production of electricity, fertilisers, and coal also recorded positive growth in January.Steel production recorded a ro…
New Delhi, Feb 16 (IANS) India’s annual rate of inflation based on the Wholesale Price Index (WPI) was estimated at 1.81 per cent for January this year compared to the same month of the previous year, according to figures released by the Commerce and Industry Ministry on Monday.Positive rate of inflation in January is primarily due to an increase in prices of the manufacture of basic metals, other manufacturing, non-food articles, food articles and textiles, the official statement said.The mon…
New Delhi, Jan 27 (IANS) Prime Minister Narendra Modi on Tuesday said that the conclusion of the India-EU Free Trade Agreement (FTA) marks a significant milestone in their relations, and also thanked all the leaders of Europe over the years for their constructive spirit and commitment in making this possible.”This agreement will deepen economic ties, create opportunities for our people and strengthen the India-Europe partnership for a prosperous future,” PM Modi said in a post on X after the “mo…
New Delhi, Jan 14 (IANS) India’s inflation rate based on wholesale prices was estimated at 0.83 per cent for December 2025 compared to the same month of the previous year with the positive rate primarily due to the increase in prices of manufactured goods and minerals, according to figures released by the Commerce and Industry Ministry on Wednesday.Food inflation was estimated at 0 per cent as there was no increase in the wholesale prices of food in December, compared to the same month of the …
New Delhi, Dec 30 (IANS) Commerce and Industry Minister Piyush Goyal said on Tuesday that a record number of over 5.5 lakh domestic filings for trade marks were made in India during 2024-25, reflecting the strength of the country’s institutions in safeguarding the interests of innovators and creators who play an important role in boosting economic growth.Citing PM Modi’s mantra of “Ideate in India, Innovate in India, Make in India & Make for the World,” the minister highlighted that the …
New Delhi, Dec 28 (IANS) Union Home Minister and Minister of Cooperation on Sunday paid tributes to Ratan Tata on his 88th birth anniversary, crediting him for reshaping Indian enterprise with integrity and compassion.In a post on X, HM Shah said, “Tributes to Ratan Tata Ji on his Jayanti who reshaped Indian enterprise with integrity and compassion. From building indigenous industry to selfless philanthropy, he showed that true success lies in service to the nation. His legacy will inspire a s…