ICT gets industry excellence Award for engineering services & consultancy
New Delhi: Intercontinental Consultants and Technocrats (ICT) a leading Infrastructure company having operations in more than 45 countries across the globe has been conferred with ‘Industry Excellence award for its engineering and consultancy services’ conferred by the Institute of Engineers, the apex body of engineers in the country . K K Kapila, chairman and Managing […]
With APEDA assistance, Uttar Pradesh’s Purvanchal region emerges as new hub for India’s
NEW DELHI: Working in close collaboration with the Ministry of Commerce & Industry, the Agricultural and Processed Food Products Export Development Authority (APEDA) has taken several initiatives in making landlocked Purvanchal region as a new destination of agri-export activities through development of Varanasi Agri – Export Hub (VAEH). APEDA has identified potential districts of Uttar […]
Evasion of customs duty of Rs 653 Cr by Xiaomi India: DRI
Santosh Sharma New Delhi: The Directorate of Revenue Intelligence(DRI) has issued three cause notices to Chinese smartphone maker Xiaomi for demand and recovery of duty amounting of Rs 653 crore for the period of April 2017 to June 30, 2020, under the provisions of the Customs Act, 1962. According to the press statement by DRI, […]
Overall coal production goes up by 6.74 % to 74.78 million ton in December
New Delhi: India’s total coal production increased by 6.74 % to 74.78 Million Ton (MT) during December, 2021 as compared to the same period in 2019. Out of the total production during December last year, Coal India Ltd (CIL) achieved a growth of 3.79% by producing 60.220 MT, a press communique said. Captive blocks registered […]
PM releases Rs 20,946 cr to farmers under PM-KISAN
New Delhi: Prime Minister Narendra Modi on Saturday released Rs 20,946 crore to 10.09 crore farmers across India as the 10th installment of financial aid under the PM-KISAN scheme and said there was a need for innovation in agriculture along with the promotion of natural farming. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, […]
Goa government approves policy to export rejected iron ore
NEW DELHI: The Goa cabinet on Wednesday approved a policy to permit the export of iron ore dumps, which will allow the resumption of mining activity in the coastal state for the next four to five years. Speaking to reporters, Chief Minister Pramod Sawant said that 10 to 20 million metric tonnes of the low-grade […]
GST Council meet on December 31, to discuss rate rationalisation
NEW DELHI: The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on December 31 and discuss, among other things, report of the panel of state ministers on rate rationalisation. This will be a physical meeting, which will also discuss correction in duty inversion in certain goods. The 46th GST Council meeting will be […]
Neither PM nor finance minister know economics: BJP MP
MATHURA: BJP MP Subramanian Swamy here on Monday criticised his party’s government at the Centre, saying neither the PM nor the finance minister know economics. He also held the Union finance minister responsible for the price rise it the country, saying she does not consult anyone. “The government does not understand economics, neither the PM […]
Mamata Banerjee inviting PM Narendra Modi to business meet in Bengal triggers war of words between TMC, Congress
NEW DELHI: A war of words broke out between the Congress and the Trinamool Congress (TMC) on Wednesday after West Bengal Chief Minister Mamata Banerjee invited Prime Minister Narendra Modi to inaugurate a global business meet to be hosted by her government, with the grand old party claiming that the “understanding” between the two parties is […]
India records close to 15% rise in export of agricultural and processed food products in April-October
NEW DELHI: In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current Financial Year, 2021-22, in comparison to the corresponding seven month period of last fiscal, 2020-21. According to the Quick Estimates released by the Directorate General […]
Bihar will soon have its own Khadi policy
Patna: Bihar Industries Minister Shahnawaz Hussain on Thursday said the state government would soon come out with a Khadi policy to create maximum employment in the state. Talking to reporters here, Hussain said the policy will be finalised after taking suggestions from Khadi Committees in the state. The minister announced the formation of a core […]
Bihar has made extensive use of technology to combat pandemic: Jibesh Kumar
NEW DELHI: The COVID-19 pandemic was one of the worst times in many decades, but one silver lining is that the COVID-19 crisis pushed companies and governments over the technology tipping point—and forever changed business. It has brought about 5 years of change in digitization in just over a year. During the COVID-19 pandemic, technology […]
India spends Rs 17,691.08 crore in 157 new approved Medical Colleges since 2014
NEW DELHI: The Government of India has given a nod to as many as 157 new medical colleges in India since 2014 and has invested a total of Rs 17,691.08 crore on these projects. On completion, nearly 16000 undergraduate medical seats would be added. Of these, 6500 seats have already been created with the functioning […]
Modi government likely to introduce 2 key financial sector bills in winter session
NEW DELHI: The Narendra Modi government may introduce two key financial sector bills, including the proposed law for facilitating privatisation of public sector banks as announced by the finance minister in the Budget. The government is also likely to table amendments to the Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013, to enable separation […]
India’s Defence Ministry signs Rs 423 crore contract with US for procurement of arms
NEW DELHI: The defence ministry has signed a contract with the US government to procure MK 54 torpedo and expendables such as chaff and flares for the Indian Navy’s anti-submarine warfare aircraft P-8I at a cost of Rs 423 crore, its spokesperson said on Friday. The Indian Navy has a total of 11 P-8I aircraft, […]
India achieves the major milestone of ‘one billion’ Covid-19 vaccinations
NEW DELHI: In a historic achievement, the cumulative COVID-19 vaccine doses administered in the country has surpassed the 100-crore milestone. In a tweet, Prime Minister Narendra Modi congratulated the countrymen and expressed gratitude to the country’s scientific community and health professionals for working towards achieving this stupendous feat. The Union Health Minister Dr. Mansukh Mandaviya […]