Tag Archives: Commerce

Apple Officials Said to Have Met Commerce and Industry Minister Nirmala Sitharaman

Senior officials of the US-based iPhone maker Apple on Tuesday called upon Commerce and Industry Minister Nirmala Sitharaman. The meeting assumes significance as the technology giant is seeking concessions like duty exemptions to set up its manufacturing unit in India. “The meeting lasted for 40 minutes. There were three officials from the company, including the company’s Global Vice President Priya ... Read More »

Commerce Minister Says India Aspires To Reach 3.5% Of Global Trade By 2020

Commerce Minister Nirmala Sitharaman said India’s share is 2% of total global trade. Commerce Minister Nirmala Sitharaman said India’s share is 2% of total global trade. New Delhi: Commerce Minister Nirmala Sitharaman on Saturday said that India should reach 3.5 per cent of total global trade by 2020 from its current share of two per cent. “Our share is 2 ... Read More »

US Chamber of Commerce to Sue Seattle Over Uber Driver Ordinance

The US Chamber of Commerce planned to sue the city of Seattle on Thursday to challenge an ordinance allowing drivers of ride hailing apps Uber and Lyft to unionise, saying it violates federal antitrust laws. Seattle last year became the first US city to pass a law giving drivers for companies such as Uber and Lyft, as well as taxi ... Read More »

Economy Growing at Over 7% Despite Weak Exports: Commerce Minister

Bengaluru: Indian economy is growing at over 7 per cent despite weakness in the exports sector, Commerce and Industries Minister Nirmala Sitharaman said on Tuesday. “India is the bright spot. Nobody is denying the (fall in) exports. Export is suffering, but the fact remains that the Indian economy is growing at over 7 per cent,” she told reporters after delivering ... Read More »

Economy Growing at Over 7% Despite Weak Exports: Commerce Minister

Commerce Minister Nirmala Sitharaman said that the brighter side of the economy lies in the fact that it continues to attract investments. Bengaluru: Indian economy is growing at over 7 per cent despite weakness in the exports sector, Commerce and Industries Minister Nirmala Sitharaman said on Tuesday. “India is the bright spot. Nobody is denying the (fall in) exports. Export ... Read More »