The Dredging Corporation of India Limited has declared a 20% dividend on the paid up capital of Rs.28 Crore for the year 2017-18. A cheque of Rs. 4,11,44,026 (Rs. 4.11 Crore ) was handed over to Shri Nitin Gadkari, Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation by Shri Rajesh Tripathi, CMD, DCI in ...
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Government of India and the World Bank sign $300 Million Agreement to help scale-up India’s Energy Efficiency Program
The Government of India and the World Bank signed here today a $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program. The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale-up the deployment of energysaving measures in residential and public sectors, strengthen EESL’s institutional capacity, and enhance its access to ...
Read More »India’s first biofuel powered flight undertakes maiden voyage.
A historic flight powered by indigenously produced aviation biofuel based on patented technology of CSIR-IIP Dehradun was flagged off today from Dehradun airport by Uttarakhand CM Shri Trivendra Singh Rawat. The Spicejet flight, featuring a latest generation Q400 aircraft powered by ,was received at Delhi airport by Union Ministers Shri Nitin Gadkari, Dr Harsh Vardhan, Shri Dharmendra Pradhan, Shri Suresh ...
Read More »Committee on review of penal provisions of Company Act 2013 submits final report to Shri Arun Jaitley
The Committee constituted by Government of India in July 2018 to review the existing framework dealing with offences under the Companies Act, 2013 and related matters and make recommendations to promote better corporate compliance, has submitted its report here today. The report was presented to the Union Minister for Finance & Corporate Affairs, Shri Arun Jaitley by Secretary, Ministry of Corporate ...
Read More »India to double exports by 2025: Suresh Prabhu
Union Minister of Commerce & Industry and Civil Aviation today chaired a meeting of different exports stakeholders and Commerce Ministry officers to discuss a strategy for revitalizing India’s exports and doubling the country’s exports by 2025. The Minister said that this is necessary in view of challenges like uncertainty of global trade, rigid approach of banks affecting availability of ...
Read More »Sustainability and Start Ups in Odisha
What grows out of ‘land’ and ‘water’ in the air of Odisha has succeeded in creation of sustainable self- employment programs in the state. However, for the future, where not only new opportunities are emerging to achieve ‘leap-frog’ economic growth but also the ‘needs and wants’ of the youth are changing, building a sustainable self-employment and entrepreneurship model would require ...
Read More »Food Processing Business In Odisha: A Paradigm Shift
Odisha can have an explosive growth if properly networked towards the development of food processing sector through path-breaking technology and innovations across the processed food value chain and ecosystem. Dr. Kalpana Rayaguru, an IITian and a researcher, has drawn the roadmap for the young entrepreneurs with her teaching and field experiences. The Indian food industry has emerged as a high-growth and ...
Read More »Department of Commerce Developing National Logistics Portal
A National Logistics Portal is being developed by the Ministry of Commerce and Industry to ensure ease of trading in the international and domestic markets. The portal will link all the stakeholders of EXIM, domestic trade and movement and all trade activities on a single platform. In this year’s budget speech, Finance Minister had announced that the Department of Commerce ...
Read More »Index Numbers of Wholesale Price in India (Base: 2011-12=100) Review for the month of July, 2018
The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of July, 2018 rose by 0.4 percent to 119.7 (provisional) from 119.2 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 5.09% (provisional) for the month of July, 2018 (over July, 2017) as compared to 5.77% (provisional) ...
Read More »INDIA’S FOREIGN TRADE: July 2018
MERCHANDISE TRADE EXPORTS (including re-exports) Exports during July 2018 were valued at US $ 25.77 Billion as compared to US $ 22.54 Billion during July 2017 exhibiting a positive growth of 14.32 per cent. In Rupee terms, exports were valued at Rs. 1,77,041.47crore in July 2018 as compared to Rs. 1,45,308.10crore during July 2017, registering a positive growth ...
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