New Delhi, March 12, 2023: The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is India’s largest social impact fund specifically formed for completing stressed and stalled residential projects. The Fund is sponsored by the Ministry of Finance, Government of India, and is managed by SBICAP Ventures Ltd., a State Bank Group […]
Category: Business
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. […]
Coal Production Touches 784.41 Million Ton During April 2022-Feb 2023
New Delhi, March 09, 2023: As per provisional figures of the Ministry of Coal, India’s coal production increased impressively by 15.10 % to 784.41 Million Ton (MT) during Apr’22-Feb’23 as compared to 681.5 MT produced during the same period of FY 22. Coal India Ltd (CIL) reported production of 619.70 MT up to February of […]
Gold not to be sold without HUID after March 31st
New Delhi, March 08, 2023: Bureau of India Standards (BIS) has prohibited the sale of hallmarked gold jewelry or gold artefacts without 6 digit alphanumeric Hallmark Unique Identification Number (HUID) after 31st March 2023 Till date, the old hallmarked jewelry with four marks without HUID was also permitted to be sold by the jewelers along with […]
Borthekera found to have cardioprotective potential
New Delhi, March 05, 2023: Garcinia pedunculata, a medicinal plant commonly called ‘Borthekera’ in the Assamese language, traditionally forbidden for raw consumption, has been found to protect from heart diseases. Administration of the dried pulp of the ripe fruit of the medicinal plant reduced cardiac hypertrophy indicators and oxidative stress and heart inflammation brought on […]
Digitisation of longest continuous solar observations can help explore impact of variations of the Sun on climate
New Delhi, March 01, 2023: The longest continuous observations of the Sun taken from Kodaikanal Solar Observatory (KoSO)–one of the oldest astronomical observatories have been digitised and made available for community use. The digitised record of solar observations over more than 100 years taken on photographic plates/films can help scientists around the world strengthen their […]
NHAI to Explore Use of Phosphor-Gypsum in National Highway Construction
New Delhi, Feb 28, 2023: Keeping its commitment to encourage use of waste material to build ecologically sustainable National Highway Infrastructure, NHAI along with Department of Fertilizers, Ministry of Chemicals & Fertilizers is going to take up field trials on NHAI projects for use of Phosphor-Gypsum in National Highway construction to achieve a circular economy […]
Coal India Ltd Converts 30 Mined Out Areas Into Eco-Tourism Destinations
New Delhi, Feb 27, 2023: Coal India Limited (CIL) is in the process of converting its abandoned mines into eco-parks which have become popular as eco-tourism destinations. These eco-parks and tourism sites are also proving to be a source of livelihood for local populace. Thirty such eco-parks are already attracting steady footfalls and plans are […]
Coal Ministry to Commence Forward Auction of Commercial Coal Mines from Feb 27
New Delhi, Feb 26, 2023: The Ministry of Coal had launched the 6th round and 2nd attempt of 5th round of commercial coal mines auctions on November 03, 2022, which received unprecedented response from industry and 96 bids were received for 36 coal mines, including participation from many first time bidders, reflecting the enthusiasm among the bidders and […]