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Monthly Archives: September 2018

Indian Ports Association appoints Managed Service Provider for Port Enterprise Business System for Five Major Ports 

As part of its efforts to promote Ease of doing Business through digital transformation and build a world class port infrastructure in the country, the Indian Ports Association (IPA) has appointed M/s Tech Mahindra as the Managed Service Provider for the five major ports at Mumbai ,Kolkata, Chennai, Deendayal Port  and Paradip Port Trust. This initiative is a major step ...

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NITI Aayog and United Nations in India sign Sustainable Development Framework for 2018-2022 

NITI Aayog and United Nations in India signed the Sustainable Development Framework for 2018-2022 at a function in the capital today. The agreement is a reflection of the commitment and efforts made by India towards attaining the Sustainable Development Goals. The Government of India-United Nations Sustainable Development Framework (UNSDF) for 2018-2022 was signed by the CEO, NITI Aayog, Amitabh Kant and United ...

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PM inaugurates Jharsuguda Airport

The Prime Minister Shri Narendra Modi yesterday inaugurated a new airport in Jharsuguda – also known as the powerhouse of Odisha. Governor of Odisha, Prof. Ganeshi Lal, Chief Minister of the State, Shri Naveen Patnaik, Union Minister of Commerce and Industry and Civil Aviation, Shri. Suresh Prabhu, Union Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, Shri. ...

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Sail’s Strategic Approach to Improve Operational Profitability helps Margins 

Chairman and Managing Director, SAIL Saraswati Prasad has said the persistent strategic approach to improve operational profitability assisted SAIL to improve the EBIDTA in FY’18 to Rs 5,184 Crore, a substantial increase over FY’17. He said this while addressing the shareholders of Steel Authority of India Ltd. (SAIL) on Company’s 46th Annual General Meeting held here today. He added that the improved operational ...

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Government announces the Revision of interest rates for Small Savings Schemes for the Third Quarter of the current Financial Year 2018-19 

On the basis of the decision of the Government of India, the interest rates for Small Savings Schemes are to be notified on Quarterly Basis with the approval of the Union Finance Minister. Accordingly, the Rates of Interest on various Small Savings Schemes for the Third Quarter of the Current Financial Year 2018-19 starting 1st October, 2018, and ending on 31st December, ...

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Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified 

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.77/2018-CUSTOMS (N.T.), dated  6th September, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and  Customs hereby determines that ...

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Shri Dharmendra Pradhan launches an array of initiatives towards strengthening the skills ecosystem

 Ministry of Skill Development and Entrepreneurship (MSDE) today announced an array of initiatives towards strengthening the skills ecosystem in India. The announcement was made by Shri Dharmendra Pradhan,Minister of Skill Development and Entrepreneurship & Petroleum and Natural Gas. Details of initiatives launched are as below: To ensure standardization of training and learning across all programs, DGT has aligned its courses ...

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GeM transactions to touch USD 100 billion in 3 years: Suresh Prabhu

Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, today launched the National Mission on Government eMarketplace (GeM) for increasing awareness and accelerating the use of (GeM).Speaking on this occasion the Minister said that in the next 3 years transactions on GeM will reach USD 100 billion. He further stated that during this mission efforts will be made to ...

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India to generate 100 GW solar energy by 2022: Suresh Prabhu 

Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu said that demand for energy will increase due to rapid development taking place in India and fossil fuel is not going to last forever and therefore there is need for renewable energy. He was speaking at afunction of International Solar Alliance (ISA) Innovation and Investment Forum in New Delhi ...

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Suresh Prabhu Launches Technology Initiatives for Coffee Stakeholders

Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu launched Coffee Connect – India coffee field force app and Coffee KrishiTharanga – digital mobile extension services for coffee stakeholders at a function here today. The mobile app Coffee Connect has been developed to ease the work of field functionaries and to improve the work efficiency. This application provides solution ...

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