The Government of India has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 in order to ensure adequate supply of electricity to meet the growing demand in the country. The amendments will enhance the reliability of power supply for all consumers. Speaking about the amendments, the Union Minister for Power and New & Renewable Energy Shri R. K. ...

The Financial Intelligence Unit-India (FIU-IND), in furtherance of the powers conferred upon the Director FIU-IND under Section 13(2)(d) of the Prevention of Money Laundering Act (PMLA), 2002, has imposed a monetary penalty of Rs. 5,49,00,000 (rupees five crore forty nine lakh) on Paytm Payments Bank Ltd with reference to the violations of its obligations under the PMLA read with the ...

Coal mining sector has proved to be a big booster for economic growth of the coal producing States in the Country. State Governments are entitled to receive 14% of Royalty on sale price of coal, DMF @30% of royalty, 2 % of NMET from the coal produced by the coal companies and also the private sector. In case of captive/ ...

The Coal India Limited entered into a Memorandum of Understanding (MoU) with Indian Institute of Managements (IIM) Mumbai and Sambalpur, today, i.e., 1st March, 2024, marking a crucial step in multimodal connectivity infrastructure for coal transportation in alignment with the PM Gati Shakti National Master Plan 2021.   The collaboration, through a Memorandum of Understanding (MoU) signed between the two ...

The Prime Minister Shri Narendra Modi dedicated to nation the Hindustan Urvarak & Rasayan Ltd (HURL) Sindri Fertiliser Plant at Sindri, Dhanbad, Jharkhand today. The Prime Minister had laid the foundation of the fertilizer plant in 2018.   The Prime Minister highlighted the importance of today’s initiative in the journey of aatmnirbhar Bharat. He said that every year, India requires 360 lakh metric tonnes ...

“If India succeeds, Sustainable Development Goals (SDGs) will succeed. And if the SDGs are to succeed, India has to succeed.”, emphasised Shri Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs. In his address at UN Global Compact Network India’s (UNGCNI’s) 18th National Convention, he said that India is the most populous nation in the world, has the ...

The Secretary, Ministry of Food Processing Industries (FPI), Smt. Anita Praveen chaired the roundtable interaction with industry at Invest India here yesterday. The primary focus of the meeting was to brief the industry on the next edition of World Food India 2024 to be organized from 19th-22nd September 2024. The meeting deliberated on the involvement and expectations from the industry in the event and marked ...

The Union Minister for Railways, Communications and Electronics & IT, Shri Ashwini Vaishnaw today launched the Annual Capacity Building Plan for Ministry of Railways, Communications and Electronics & IT. The annual plan has been crafted for ensuring capacity building and holistic development of manpower keeping in mind National Priorities, Emerging Technologies, Citizen Centricity along with development of organisations, Institutions and ...

The index of mineral production of mining and quarrying sector for the month of December, 2023 (Base: 2011-12=100) at 139.4 is 5.1 % higher as compared to the level in the month of December, 2022. As per the provisional statistics of Indian Bureau of Mines (IBM), the cumulative growth for the period April- December, 2023-24 over the corresponding period of ...

Coal/Lignite PSUs under the guidance and supervision of Ministry of Coal not only increased their production levels over time to meet the growing energy demands of the nation but have also demonstrated their commitment to the local environment by implementing a range of mitigation and sustainable measures. As part of sustainable greening initiative, extensive plantation programs with native species are ...