The credit of success goes to team NALCO and our business strategy involving ramping up of production during downturn, cost focus and market harvesting” Tapan Kumar Chand, CMD, NALCO National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for ...
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Direct Tax Collections show Growth
The provisional figures of Direct Tax collections up to October, 2017 show that net collections are at Rs. 4.39 lakh crore which is 15.2% higher than the net collections for the corresponding period of last year. Net Direct Tax collections represent 44.8% of the total Budget Estimates of Direct Taxes for F.Y. 2017-18 (Rs. 9.8 lakh crore). Gross collections (before adjusting for refunds) have increased by 10.7% to Rs.5.28 ...
Read More »IBBI strengthens its Due Diligence Framework under the Insolvency and Bankruptcy Code, 2016
Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a stringent test with respect to their credit worthiness and credibility; Amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Resolution Process, 2016 impose a greater responsibility on the Resolution Professionals and the Committee of Creditors in discharging their duties. Insolvency and ...
Read More »Onions to be imported through Government agency
The meeting of Price Stabilization Fund Management Committee (PSFMC) headed by Secretary, Consumer Affairs, Avinash K Srivastava was held in New Delhi on 09.11.2017. In the meeting, decision was taken to import onions through Government Agency to augment the availability of onions in market to moderate prices. Further, it was also decided that NAFED and SFAC to procure 10,000 MT ...
Read More »India is one of the oldest organic agricultural nations: Radha Mohan Singh
Union Minister for Agriculture and Farmers Welfare, Radha Mohan Singh said India is one of the oldest organic agricultural nations of the world and a large part of the country still practices traditional organic farming. Singh said it at the inauguration of Organic World Congress 2017 at India Expo Centre in Greater Noida. The event, organized by International Federation of ...
Read More »Storage Level of 91 Major Reservoirs goes down
The water storage available in 91 major reservoirs of the country for the week ending on November 09, 2017 was 105.984 BCM, which is 67% of total storage capacity of these reservoirs. This percentage was at 69 for the week ending on November 02, 2017. The level of water storage in the week ending on November 09, 2017 was 96% of the storage of corresponding period of last year ...
Read More »National Entrepreneurship Award 2017 (Mentor) to Dr. Renu Swarup, Sr Adviser, DBT
Dr. Renu Swarup, Senior Adviser in the Department of Bio-technology, Ministry of Science & Technology has been awarded with National Entrepreneurship Award, 2017 under Mentor (Government) category in the Recognition Track. Union Finance Minister Arun Jaitley presented the awards at the National Entrepreneurship Award Ceremony, 2017 in New Delhi. Dr Renu Swarup is presently Senior Adviser for Department of Biotechnology (DBT), ...
Read More »2nd Meeting of EAC-PM focuses on Job Creation, Social Sector and Infrastructure
The Second Meeting of the Economic Advisory Council to the Prime Minister chaired by Dr. Bibek Debroy, Member NITI Aayog, spelt out a clear road map for stepping up skill development, job creation; enhanced resource investment in the social sector- including for Health and Education and for boosting Infrastructure financing. It formulated far reaching recommendations to guide the evolving framework ...
Read More »Blue Economy is a catalyst in India’s progress: Gadkari
Panjim (Goa): The Minister for Shipping, Road Transport & Highways and Water Resources, River Development & Ganga Rejuvenation Nitin Gadkari reviewed the work of all ports in Goa this week. He interacted with stakeholders including PPP operators, port users and other private sector service providers. In his address Gadkari said that as per the vision of Prime Minister Narendra Modi, Blue ...
Read More »2nd Technology and Innovation Support Center (TISC) at Anna University, Chennai
New Delhi: The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India, has signed an Institutional agreement with Anna University to establish India’s second Technology and Innovation Support Center (TISC) at the Centre for Intellectual Property Rights (CIPR), Anna University, Chennai, under the World Intellectual Property Organization’s (WIPO) TISC program. WIPO’s Technology and Innovation Support ...
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