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Government of India has decided to revive Talcher unit of Fertilizer Corporation of India Ltd

Government of India has decided to revive Talcher unit of Fertilizer Corporation of India Ltd (FCIL) by setting up a Ammonia Urea plant of 12.7 Lakh Metric Tonne per annum capacity by forming a Joint venture Company (JV) of nominated PSUs i.e. Gas Authority of India Ltd (GAIL), Rashtriya Chemicals & Fertilizers Ltd (RCF), Coal India ltd (CIL) and FCIL. ...

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Ultra-sensitive, easy to use sensor can detect arsenic in food & water in 15 minutes

Dr. Vanish Kumar, an Inspire Faculty Fellow, has developed an ultra-sensitive, easy-to-use sensor for detecting arsenic contamination in water and food samples in 15 minutes. The developed sensor is highly sensitive, selective, involves a single step, and is applicable for various water and food samples. The developed sensor can be easily operated by a common man by just correlating the ...

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Measures Adopted To Reduce Pollution during Coal Transportation & To Check Illegal Mining of Coal

Coal mining operations have some impact on environment in terms of change in land use pattern, dust, air, water and noise pollution. It is mandatory for all projects of CIL to get the Environmental Management Plan (EMP) approved by the competent authority before commencing the mining operations. A detailed Environment Impact Assessment (EIA) is carried out for each project considering ...

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Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2016 on 14th July, 2021. The amendment regulations enhance the discipline, transparency, and accountability in corporate insolvency proceedings: A.A corporate debtor (CD) may have changed its name or registered office address prior to commencement of insolvency. ...

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India emerges as 5th largest forex reserves holder in the world with $608.99 billion as on June 25, 2021

With India’s forex reserves at $608.99 billion as on June 25, 2021 stood, India has emerged as the fifth largest foreign exchange reserves holder in the world after China, Japan, Switzerland and Russia. This was stated by Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in the Lok Sabha today. The Minister stated ...

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104 startups from different sectors have currently on boarded on the Startup India Showcase Platform

Startup India Showcase is an online discovery platform for the most promising startups of the country. These innovations span across various cutting-edge sectors such as Fintech, EntrepriseTech, Social Impact, HealthTech, EdTech, among others. Ecosystem stakeholders have evaluated, nurtured, and supported these startups.  These startups are solving critical problems and have shown exceptional innovation in their respective sectors. https://www.startupindia.gov.in/startup-india-showcase#/ Features of ...

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Total Steel Production Capacity in the Country at Present is 143.91 Million Tonnes

The total steel production capacity of the country at present is 143.91 million tonnes. The details of units engaged in steel production, both in Public and Private Sector are enclosed as Annexure. As per Indian Mineral Yearbook, 2019 published by Indian Bureau of Mines, there were 254 reporting mines in 2018-19, out of which 35 mines were in the Public Sector ...

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10.78 Million Ton Total Finished Steel Exported in 2020-21

Details of export of finished steel as compared to imports is given as follows: –                                                                                            (in Million Ton) Year Total Finished Steel   Import Export 2020-21 4.75 10.78 April-June, 2021* 1.16 3.56                 *Provisional, Source: Joint Plant Committee (JPC) Steel is a de-regulated sector.  Commercial decisions such as exports are taken by the steel companies. The details ...

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Government launches National Logistics Excellence Awards

With a view to turn the spotlight on the logistics sector, the Government today announced the launch of National Logistics Excellence Awards. The framework of awards has been finalised in consultation with the logistics associations and forum user industry partners. The awards are in two categories, the first group includes logistics infrastructure/service providers and second one is for various user ...

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Government approves continuation of Rebate of State and Central taxes and Levies (RoSCTL) on Export of Apparel/ Garments and Made-ups

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval for continuation of Rebate of State and Central taxes and Levies (RoSCTL) with the same rates as notified by Ministry of Textiles vide Notification dated 8th march 2019, on exports of Apparel/Garments (Chapters-61 & 62) and Made-ups (Chapter-63) in exclusion from Remission of Duties and Taxes ...

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