New Delhi, April 09 2023: The gross GST revenue collected in the month of March 2023 is Rs.1,60,122 crore of which CGST is Rs.29,546 crore, SGST is Rs.37,314 crore, IGST is Rs.82,907 crore (including Rs.42,503 crore collected on import of goods) and cess is Rs.10,355 crore (including Rs.960 crore collected on import of goods). It […]
Category: Market
2,56,980 electric vehicles registered in India in 2023
New Delhi, April 07, 2023: The Union Minister of State for Heavy Industries, Krishan Pal Gurjar in a written reply to a question in Lok Sabha on March 21, 2023 informed that, as per e-vahan portal, Ministry of Road Transport and Highways, the details of number of electric vehicles registered in India since 2020 to […]
Trade between India and Malaysia can now be settled in Indian Rupee
New Delhi, April 02, 2023: Trade between India and Malaysia can now be settled in Indian Rupee (INR) in addition to the current modes of settlement in other currencies. This follows the decision by the Reserve Bank of India in July 2022 to allow settlement of international trade in Indian Rupee (INR). This initiative by […]
Area under millet cultivation increases
New Delhi, March 26, 2023: The area under cultivation of millet has ranged from 12.29 to 15.48 million hectares from 2013-14 to 2021-22. To promote the consumption of millets/coarse grains, distribution period of these commodities has been enhanced to 6-10 months from earlier period of 3 months. Further provisions of inter-state transportation and advance subsidy […]
BIS has granted 1097 licences to domestic toy manufacturing units
New Delhi, March 25, 2023: The Union Minister of State for Consumer Affairs, Food and Public Distribution, Ashwini Kumar Choubey in a written reply to a question in Lok Sabha on March 15 said that, BIS has formulated the following Indian Standards on sports goods which are under consideration for issue of Quality Control Orders […]
Coal Production Up to February comes to 785.24 Million Ton
New Delhi, March 24, 2023: The all India coal production in the current financial year 2022-23 (up to February 2023) is 785.24 Million Tonnes as compared to about 681.98 MT during the same period of last year with a growth of about 15.14%. In the year 2021-2022, coal production was 778.19 Million tonnes (MT) as […]
11.88 LMT wheat offered in 5th e-auction by Food Corporation of India
New Delhi, March 20, 2023: As a part of Govt. of India initiative for market intervention to control the price of wheat and atta, in the sequel of weekly e auctions of wheat, the5th e-auction was conducted by the Food corporation of India on 09.03.2023. Total quantity of 11.88 LMT wheat was offered from 657 depots […]
Production and Promotion of Organic and Bio fertilisers with Special Focus on Improving Economic Viability of Gaushalas
New Delhi, March 17, 2023: NITI Aayog released the Task Force report titled “Production and Promotion of Organic and Bio fertilisers with Special Focus on Improving Economic Viability of Gaushalas”. The report was released by Prof Ramesh Chand, Member (Agriculture), NITI Aayog in the presence of Taskforce members, senior government officials and representatives from gaushalas. The […]
MOIL records 10% jump in production in Feburary’23
New Delhi, March 11, 2023: With a production of 1.31 lakh tonnes of Manganese (Mn) Ore in February 2023, Manganese Ore (India) Limited (MOIL) has registered 10% growth over the same period last year. Sales at 1.32 lakh tonnes of manganese ore during February 2023 were higher by 19% vis-à-vis February 2022. Ajit Kumar Saxena, […]
Bureau of Indian Standards makes 80% Concession on Certification/Minimum Marking Fee for Micro Scale Units
New Delhi, March 10, 2023: The Bureau of Indian Standards (BIS) has taken significant steps towards enhancing the quality and safety of products in India. In the meeting at Manak Bhawan, New Delhi on 03rd March 2023, Piyush Goyal directed BIS to undertake the following actions: o BIS shall augment the testing infrastructure in the country. […]