Government is implementing Ethanol Blended Petrol (EBP) Programme through Oil Marketing Companies (OMCs). At present, Public Sector OMCs are selling upto 10% ethanol blended petrol. Government has notified the National Policy on Biofuels-2018 on 8.6.2018 which indicates a target of 20% blending of ethanol in petrol by 2030. Government has fixed prices for ethanol procurement […]
India and Saudi Arabia are going to bond over the hydrocarbon sector. Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan today had a telephonic conversation with Dr. Khalid Al-Falih, Minister of Energy, Industry & Mineral Resources, Saudi Arabia and discussed about further strengthening cooperation in the hydrocarbon sector to enhance the strategic partnership […]
The newly elected Narendra Modi government is not letting the withdrawal of India’s GSP benefits by the USA to pull it down one bit. In a press statement, the Modi government said that the United States of America has w.e.f. 5 June 2019 withdrawn India’s GSP benefits. It further states that these are ‘unilateral, non-reciprocal […]
The 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) was held in Doha, Qatar. Gen. (Dr) V.K. Singh (Retd), Minister of State for External Affairs led the Indian delegation. Earlier, Manish, Joint Secretary (South) attended the Senior Officers’ Meeting (SOM) held on April 30. In his address at the Asia Cooperation Dialogue, the Minister expressed […]
Prime Minister Narendra Modi called Ibrahim Mohamed Solih, President of the Republic of Maldives today, and complimented him on the victory of the Maldivian Democratic Party (MDP) in the recent Parliamentary elections. Prime Minister Modi noted that this significant victory of MDP signifies a resounding endorsement of the policies and efforts of its leaders, who […]
The Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India has recently awarded Geographical Indication (GI) to five varieties of Indian coffee. They are: Coorg Arabica coffee is grown specifically in the region of Kodagu district in Karnataka. Wayanaad Robusta coffee is grown specifically in the region of […]
United States of America today has given a 60-day withdrawal notice to India on the Generalized System of Preferences (GSP) benefits extended by US. Since the review initiated by the US in April 2018 on India’s GSP benefits, India and US have been discussing various trade issues of bilateral interest for a suitable resolution on […]
Reserve Bank of India and Bank of Japan have completed signing of the Agreement for Bilateral Swap Arrangement (BSA) between India and Japan. It may be recalled that the BSA was negotiated between India and Japan during the visit of Prime Minister Narendra Modi to Tokyo on 29.10.2018. This BSA provides for India to access […]
Tourism is a booming market in India and promises scores of jobs in the future. Statue of Unity, world’s tallest statue is already getting huge response from tourists and taking this into account the National Tourism Advisory Council (NTAC) and other stakeholders met with Gujarat Tourism officials. The meeting took place at Tent City, Statue […]
The total gross GST revenue collected in the month of January, 2019 is Rs 1,02,503 crore of which CGST is Rs 17,763crore, SGST is Rs 24,826 crore, IGST is Rs 51,225 crore (including Rs 24,065crore collected on imports) and Cess is Rs 8,690 crore (including Rs 902crore collected on imports). In FY 2018-2019, it is […]
