India’s merchandise exports in March 2021 were USD 34.0 billion as compared to USD 21.49 billion in March 2020, anincrease of 58.23%.Exports during April-March2020-21 were USD 290.18 billion, as compared to USD 313.36 billion during the same period of last year, exhibiting a negative growth of 7.40%. India’s merchandise imports in March 2021were USD 48.12 billion as compared to USD ...
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Exchange rate notification No. 40/2021 – Customs (N.T.)
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.31/2021-Customs(N.T.), dated 18th March, 2021 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of ...
Read More »Consumer Price Index for Industrial Workers (2016=100) – February, 2021
Key Points All-India Consumer Price Index for Industrial Workers (2016=100) for February, 2021 increased to 119.0 points compared to 118.2 points for January, 2021. In percentage terms, it went up by 0.68% w.r.t. previous month mainly due to Food & Beverages, Fuel & Light and Miscellaneous groups. During the period, increase in prices of items like ...
Read More »Improvement in Passenger Safety
Railway projects are sanctioned/executed Zonal Railway wise and not State-wise, as Indian Railways network spans across various State boundaries. Railway tracks are replaced through track renewal works which is an ongoing process. Track renewal works are undertaken as and when a stretch of track becomes due for renewal on the basis of criteria laid down in the Indian Railway Permanent ...
Read More »Business done by Hindustan Aeronautics Limited (HAL)
Business done by HAL in last ten years is as under:- Rs. In Crore Particulars 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Revenue from Operations 13124 14211 14328 15135 15730 16758 17950 18519 20008 21438 Profit before tax 2839 3328 3497 3578 3172 3207 3583 3240 3742 3928 The list of defence equipment manufactured by HAL is ...
Read More »Make in India
Make in India initiative was launched on September 25, 2014 with the objective of facilitating investment, fostering innovation, building best in class manufacturing infrastructure, making it easy to do business and enhancing skill development. The initiative is further aimed at creating a conducive environment for investment, modern and efficient infrastructure, opening up new sectors for foreign investment and forging a ...
Read More »Core Infrastructure Sectors
The monthly Index of Eight Core Industries (ICI) is a production volume index. ICI measures collective and individual performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The details of the growth of Index of Eight Core Industries during last year and since 2014-15 are attached in Annex. The ...
Read More »Sanction for prosecution accorded in 366 cases in violation of CSR provisions
Whenever any violation of CSR provisions is reported, action against such non-compliant Companies are initiated as per provisions of the Act after due examination of records and following due process of law. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today. ...
Read More »1,38,051 new companies registered from April 2020 to February 2021
The Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur said that 1,38,051 new companies registered in the current Financial Year from April 2020 to February 2021 while 10,113 of Companies have been struck off by invoking the Provisions of section 248 of the Companies Act, 2013 from April 2020 to February 2021. This the Minister stated in ...
Read More »Bankrupt Companies after lockdown was imposed due to COVID-19 pandemic
As per information from Insolvency and Bankruptcy Board of India (IBBI), details for the period from 01.04.2020 to 31.12.2020 of the number of companies declared bankrupt in the country after the lockdown was imposed due to COVID-19 pandemic is as under: 283 firms were admitted into corporate insolvency resolution process (CIRP). 76 CIRPs ended in resolution, 128 CIRPs were closed ...
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Indian Industry Plus A Pratisrutiplus Suppliment