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Author Archives: Indianindustry Media

Goods & Services Tax (GST) collections 

The month-wise consolidated figures of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess collected by the Government since July 1, 2017 is as under:   (Amount in Rs. Crores) Month Collection August, 2017 93,590 September, 2017 93,029 October, 2017 95,132 November, 2017 85,931 December, 2017 83,716 January, 2018 88,929 ...

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Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns 

The Government has taken any steps against listed companies which are not functioning. Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns. As on 31st December 2015, there were 15.19 lakh registered companies in India. Of these, 10.7 lakh companies were ...

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Roundtable of Invest India Held Today 

The Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, speaking at the Invest India Roundtable Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu chaired a roundtable of Invest India in New Delhi today. Various regulatory issues faced by Startups in the sectors of e-pharmacy, NBFCs, unmanned aerial vehicle and retail delivery of petroleum from door to ...

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Aluminium Development Council to be formed to bring development of Aluminium Sector in India – Dr. Chand

Mumbai/Bhubaneswar, 16/03/2018: Industry stalwarts in the aluminium sector, including the Consul General of Italy, senior Government officials, CEOs and Senior Executives of different organizations deliberated and stressed on a whole new world of opportunities that lie ahead for the ‘wonder metal’ at the National seminar on development of special alloys and composites of aluminium, held in Mumbai today. Dr. Tapan ...

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60% of Total Passenger carrying coaches fitted with Bio-Toilets 

Test 3

Approximately 60% of the total passenger carrying coaches over Indian Railways have been installed with bio-toilets. The earlier plan to fit bio-toilets in the entire fleet of coaches by the year 2021-22 has been advanced to 2019 in the Budget 2017-18. A list of some of the trains having coaches equipped with bio-toilets is given below:- Zonal  Railways Trains Central 22135/36 ...

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Prime Minister inaugurates 105th Indian Science Congress 

Hon’ble Prime Minister, Shri Narendra Modi inaugurated the 105th Indian Science Congress at Manipur University today. He began his inaugural address by paying tributes to three very distinguished Indian scientists whom we lost in recent times – Padma Vibhushan Prof Yashpal, Padma Vibhushan Prof UR Rao and Padma Shri Dr Baldev Raj. They all made outstanding contributions to Indian science and ...

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Anti-Dumping Duty on Steel 

A definitive anti-dumping duty in the range of 4.58% to 57.39%, of the landed value of goods has been imposed on imports of Cold Rolled Flat Products of Stainless Steel to give relief to domestic steel industriesfrom the People’s Republic of China, Republic of Korea, the European Union, South Africa, Chinese Taipei, Thailand and the United States of America, vide notification No. 61/2015-Customs (ADD) dated 11.12.2015. The anti-dumping duty under the aforesaid notification ...

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Highway Projects

 Fourteen hundred seventy sanctioned projects amounting to Rs. 432538 Crore having length 44108 km are under construction which includes seventy-one projects amounting to Rs.21042 Crore having length 1647 km in the state of Kerala and West Bengal. Three hundred forty-three projects are facing problems in timely completion of projects. These projects are likely to be completed by Dec 2020. In ...

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INDIA’S FOREIGN TRADE: February 2018

 MERCHANDISE TRADE EXPORTS (including re-exports) Exports during February 2018 have exhibited positive growth of 4.48 per cent in dollar terms vis-à-vis February2017. Exports have been on a positive trajectory since August 2016 to February 2018except for a temporary setback in October 2017. Exports during February 2018were valued at US$ 25834.36million as compared to US$ 24726.71 million during February 2017. In ...

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7 .2% growth in supply of coal to power sector

During the current year 2017-18, the growth in supply of coal to power sector is 7.2%, based on the rising demand of coal based generating stations. As estimated by the Ministry of Power, the Pan India growth of coal based generation would be 5.4% to 5.7% in the current year & next four years.As an alternative energy source, the Government has ...

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