The Commerce and Industry Ministry has circulated a proposal seeking comments from various central government departments on allowing foreign direct investment (FDI) in the inventory-based model of e-commerce, but only for export activities, PTI reported citing an official.The proposal, initiated by the Directorate General of Foreign Trade (DGFT), aims to boost India’s exports through the…

NEW DELHI: As international fast food chain McDonald’s launched its millet bun burger, the Central government called it a “vindication” of Prime Minister Narendra Modi‘s “Millet movement” where he promoted it as “superfood”.“‘Videshi turns to Swadeshi’ as the popular international food chain McDonald’s serves India’s “Millet Bun Burger”, prepared using indigenous technology developed by the…

The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer (BOT) model, a senior official said.Road Transport and Highways Secretary V Umashankar said the ministry has revised the BOT document to make…