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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »India Signs MOU With World EXPO 2020 Dubai
Joint Secretary, Ministry of Commerce and Executive Director, Dubai Expo 2020 signing participants contract today India and World Expo 2020 signed participants contract today for India’s pavilion in the prestigious World Expo 2020 held once in 5 years. The contract was signed by Shri Manoj K. Dwivedi, Joint Secretary, Ministry of Commerce, Government of India on Indian side and Mr. ...
Read More »PM addresses CPSE Conclave
The Prime Minister, Shri Narendra Modi, attended the CPSE Conclave at Vigyan Bhawan in New Delhi today. Thematic presentations were made to the Prime Minister on subjects such as corporate governance, human resource management, financial re-engineering, innovations and technology, and Vision 2022 for New India. Addressing the gathering, the Prime Minister described this conclave as a new beginning in the ...
Read More »Loan Recoverability of Banks
As per Reserve Bank of India (RBI) guidelines, banks are to have a loan recover policy, prepared and duly vetted by their boards. A number of mechanisms are available to banks to effect recovery, such as filing of a suit in Civil courts or in Debts Recovery Tribunals and action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security ...
Read More »Growth of Indian Economy
As per the World Economic Situation and Prospects 2018 report of the United Nations, the Indian economy is projected to grow at 7.2 per cent in 2018-19 and 7.4 per cent in 2019-20. The report indicates that the outlook for India remains largely positive, underpinned by robust private consumption and public investment as well as ongoing structural reforms.Share of public ...
Read More »Development of Various Infrastructure Schemes
As per Budget 2017-18 and 2018-19, the Revised Estimates for Capital Outlay on Infrastructure Sector for the years 2016-17 and 2017-18 are Rs 3,58,634 crore and Rs 4,94,313 crore respectively, while Budget Estimate for the year 2018-19 is Rs 5,97,143 crore. Details of Foreign Direct Investment (FDI) inflows, country-wise, during the last three years (from April 01, 2014 to January ...
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