The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for Review of Foreign Direct Investment on various sectors. Major Impact and Benefits from FDI Policy Reform The changes in FDI policy will result in making India a more attractive FDI destination, leading to benefits of increased investments, employment and growth. In the coal sector, ...
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Sh Dharmendra Pradhan launches the commencement of work for 10th City Gas Distribution bidding round, covering 50 Geographical Areas in 124 districts
Minister of Petroleum and Natural Gas & Steel Sh Dharmendra Pradhan today launched the commencement of work for 10th City Gas Distribution (CGD) bidding round which will cover 50 Geographical Areas (GAs) in 124 districts. Hon’ble Prime Minister Sh Narendra Modi had launched the 10th CGD bidding Round on 22nd November, 2018. Sh Pradhan had distributed Letters of Intent to 12 successful ...
Read More »JSPL Foundation distributes Study materials to children of Jail inmates
JSPL Foundation, the Corporate Social Responsibility (CSR) arm of Jindal Steel and Power Ltd. (JSPL), in association with John Augusts Prison and Social Welfare Services (JAPASWS), has distributed study materials for the children of Jail inmates at Angul. Tapan Kumar Satapathy, ADM, Angul and Pankaj Gautam, JSPL’s Chief Operating Officer – Odisha, graced the occasion as Chief-guest and Guest of ...
Read More »NALCO wins Best Export Performance Award
In recognition of the stellar role played by NALCO among the public sector undertakings (PSUs) in the Indian economy as well as in the wider socio-economic development, Navratna NALCO has bagged the award for Best Export Performance in the Dun & Bradstreet PSU Awards 2019. The award was presented by Union Minister of Heavy Industries and Public Enterprises Shri Arvind Sawant at ...
Read More »FM: CCI should safeguard Indian enterprises from abuse by overseas entities
Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman said that Competition Commission of India (CCI) should ensure Indian enterprises are safeguarded from abuse by entities operating from other jurisdictions. Smt. Sitharaman was speaking at the 10th anniversary celebrations of the CCI. Smt. Sitharaman said that CCI must keenly observe market developments around the globe as borders no longer determine competition ...
Read More »India Must Recover Metals from Scraps and Other Metalic Wastes for Sustainable Development
India has modest reserves of iron ore, bauxite and coal, but very little deposits of other non-ferrous metals. Considering the increasing need in the country for iron, aluminium and other metals during future years. It is apprehended that, the mineral resources of the country may be exhausted soon. In view of this, it is essential to conserve these as much ...
Read More »NITI Aayog to release a Report on the Composite Water Management Index 2.0
NITI Aayog will release the second Round of Composite Water Management Index (CWMI 2.0) tomorrow in New Delhi. It will be launched by Shri Gajendra Singh Shekhawat, Minister of Jal Shakti, and Dr. Rajiv Kumar, Vice Chairman, NITI Aayog. Inspired by the Prime Minister Narendra Modi’s impetus on Jal Sanchay, Jal Shakti Ministry on 1stJuly, 2019 launched the Jal Shakti ...
Read More »CBDT issues clarification on eligibility of small Start-ups to avail tax holiday
The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act, 1961(the ‘Act’), which provides deduction for 100 per cent of income of an eligible start-up for 3 years out of 7 years from ...
Read More »WTO reforms must be taken up by all member countries: Piyush Goyal
The time has come to take on the policies of protectionism and unilateral measures by some developed countries that are having an adverse effect on global free trade and if this continues there will be recession in the world and no country will escape it, said Union Minister of Commerce & Industry and Railways, Piyush Goyal. He was speaking at ...
Read More »Government committed towards providing clean and green energy at cheaper rate: Union Environment Minister
The Ministry of Environment, Forest and Climate change has decided to relax the mandatory charging of lease rent of Rs. 30,000/- per MW for wind power projects. In a review meeting Union Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar took a conscious decision to relax the condition of charging the lease rent of Rs. 30,000/- per MW ...
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