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Yearly Archives: 2018

NALCO inks MoU with Government of India for FY 2018-19  Sets 100% capacity utilization in Alumina, Rs.1100 cr CAPEX & Higher Targets in production& productivity

  Aluminium major &Navratna CPSE National Aluminium Company Limited (NALCO) has signed MoU with the Ministry of Mines, Govt. of India, setting highest ever target of Rs 9350 crore revenue from operations for FY 2018-19 which is 15% higher than last year. The MoU was signed between Shri Anil GopishankarMukim, Secretary, Ministry of Mines, GoI and Dr.Tapan Kumar Chand, CMD, ...

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Goverment Committed to get Access to Indian Pharma in Key Markets: Suresh Prabhu 

Ministry of Commerce and Industry is fully committed to promoting the Indian pharmaceuticals industry globally, said Commerce and Industry Minister, Mr Suresh Prabhu, after inaugurating ‘iPHEX’ in New Delhi today. The 6th annual International Exhibition of Pharma and Healthcare (iPHEX) is being attended by over 650 delegates from 130 countries, including scores of regulators. The Minister said that Government is ...

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CIM addresses First Inter-Ministerial meeting on Sectoral Export Promotion Strategy 

Minister of Commerce & Industry and Civil Aviation Minister, Suresh Prabhu, today addressed secretaries and senior officers in the first inter-ministerial meeting on Sectoral Export Promotion Strategy. The meeting was attended by Secretaries to Government of India from Department of Commerce, DIPP, Electronics and IT, Animal Husbandry and Dairying and MSME, besides senior officers from about 14 other administrative Ministries/Departments ...

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Shri Gadkari Seeks Cooperation and Innovation from Industry Leaders for Reducing Road Accidents 

Union Minister of Road Transport and Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari has said that road safety is a matter of national  concern,  and only active cooperation of all stakeholders can reduce the number of road accidents and related fatalities in the country. Inaugurating a Workshop with Industries on Road Safety in New Delhi ...

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National Foreign Trade Directory Released 

    Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded    International SME Convention- 2018 in New Delhi.  The directory provides information about export-import offices of policy makers, regulators, facilitators and all export promotion councils, ...

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CII Withdraws from Make in Odisha, Stirs Controversy

  Confederation of Indian Industry (CII) has decided to pull out from the upcoming Make In Odisha Conclave, a mega business meet scheduled for November 2018. Though Jagi Mangat Panda, chairperson of CII (Eastern Region), had termed the decision of the CII as “disappointing”, she was still sought to be cornered by the BJD apparently because of her husband’s changed equations with ...

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Women Entrepreneurs share their Experiences in International SME Convention 

    Women entrepreneurs from India, Finland, Italy, Russia and Cambodia today shared their experiences of success and obstacles faced, in a session during the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018. A special session was devoted to “Women   Entrepreneurs —Sustainable Livelihoods to Successful Business” and was chaired by Additional Secretary & Development ...

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The Major Ports at Paradip, Ennore and Tuticorinto Pioneer recycling & Desalination of sea water

Paradip Port, Kamarajar Port & VO Chidambarnar Portunder the Ministry of Shipping are all set to pioneer water recycling and desalination of sea water in the port premises. The Union Minister for Shipping, Road Transport & Highways, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari, chaired a meeting of port chairmen recently to discuss desalination technologies and their ...

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India’s Foreign Trade: March 2018 

India’s Foreign Trade: March 2018  India’s foreign Trade for April –March 2017-18 Merchandise (P) Services* (P) Merchandise + Services (P) Values in USD billions %Growth Values in USD billions %Growth Values in USD billions Exports 302.84 9.78 175.31 17.63 478.15 Import 459.67 19.59 105.65 19.74 565.32 Trade Balance -156.83 44.54 69.66 14.56 -87.17 Source: DGCI&S for Merchandise; for Services RBI ...

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Quick estimates of Index of Industrial Production and use-Based Index for the month of February, 2018 (Base 2011-12=100) 

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of February 2018 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 14 source agencies viz. (i) Department of Industrial Policy & Promotion (DIPP); (ii) Indian Bureau of Mines; (iii) Central ...

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