Five more rice mills have been cleared for exporting non-basmati rice, from India to China, taking the total to 24 rice mills. The first consignment of non-basmati rice, of 100 tonnes, was shipped to China, from Nagpur, in September this year. In May this year, officials from China inspected rice mills that are capable of […]
Category: Market
Not a single mobile phone faces disconnect threat, says DoT
The Department of Telecommunications (DOT) and Unique Identification Authority of India (UIDAI) in a joint statement today clarified that a few news reports in the media which state that 50 Crore mobile numbers, almost half of the total mobiles in circulation, are at the risk of disconnection, are completely untrue and imaginary. The news report […]
Vision of a USD 5 Trillion Indian Economy
The Working Group tasked to develop a roadmap towards achieving a 5 trillion dollar Indian economy by 2025 has prepared its report and it is being circulated to the stakeholders for further suggestions, a government press note informed on October 11th. The Working Group was constituted by the Department of Industrial Policy and Promotion in […]
Shavkat Mirziyoyev, President of the Republic of Uzbekistan, coming to India
Shavkat Mirziyoyev, President of the Republic of Uzbekistan, accompanied by a high level delegation, will pay a State Visit to India from September 30 – October 01, 2018. This will be the first visit of President Shavkat Mirziyoyev to India. President Mirziyoyev, accompanied by his spouse will pay a visit to Agra on 30th September. […]
Foreign Minister of the United Arab Emirates in India
Foreign Minister of the United Arab Emirates, Sheikh Abdullah bin Zayed Al Nahyan is on a visit to India from 24-30 June 2018. He is accompanied by a senior-level delegation. Apart from the official programme in New Delhi, the visit also includes engagements in other States of India. During the visit, Sheikh Abdullah will call […]
Airtel gets trolled for anti-Muslim comments by its DTH customer
Airtel is in a soup. Former Jammu and Kashmir Cheif Minister Omar Abdullah took to social media (its always social media which is starting new fights) and accused the company of pandering to bigotry. The reason was that one user of Airtel DTH had said that she had no faith in the effectiveness of a Muslim’s […]
Peru seeks Indian companies to make generic medicines for its health needs
Top leadership of Peru has acknowledged that their country has a lot to learn and benefit from the success story of India and resolved with India to significantly enhance trade relations as the two countries celebrated 55 years of diplomatic ties in Lima on May 11, 2018. Vice President M.Venkaiah Naidu today held extensive talks […]
GST revenue collection in the month of April 2018 exceeds Rs. 1 Lakh Crore
The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST is Rs18,652 crore, SGST is Rs.25,704 crore, IGST is Rs. 50,548 crore (including 21,246 crore collected on imports) and Cess is Rs.8554 crore (including Rs.702 crore collected on imports). The Ministry of Finance revealed the data and […]
Penalty of Rs. 213 crore slapped on Eveready and Nippo
The Competition Commission of India (CCI) imposed a heavy penalty of Rs 213 crores for colluding to fix prices of zinc-carbon dry cell battery in India on Eveready and Nippo. However, CCI has also lowered the penalty on Eveready Industries India, Indo National Ltd (Nippo), Panasonic Energy India and their association AIDCM (Association of Indian […]
USD 48 million for Meghalaya Community – Led Landscapes Management Project
A Loan Agreement for IBRD loan of USD 48 million for the “Meghalaya Community – Led Landscapes Management Project (MCLLMP)” was signed in New Delhi on April 16th with the World Bank. The Loan Agreement was signed by Sameer Kumar Khare, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and […]