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80% of India’s honey exports is to United States

To harness the export potential of honey in line with Prime Minister Narendra Modi’s vision of a ‘sweet revolution’ through promotion of beekeeping and allied activities, Government has planned to organize a series of events across the country in collaboration with state governments and farmers. One such event is scheduled to be organized by APEDA, Ministry of Commerce and Industry, ...

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India’s overall exports (Merchandise and Services) for July 2022 records a positive growth of 11.51 per cent over the same period last year

India’s overall exports (Merchandise and Services combined) in July 2022* are estimated to be USD 61.18 Billion, exhibiting a positive growth of 11.51 per cent over the same period last year. Overall imports in July 2022* are estimated to be USD 82.22 Billion, exhibiting a positive growth of 42.90 per cent over the same period last year. Table 1: Trade ...

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Coal Royalty to Different States During the last Ten Years

The details of royalty given on coal to various States during last 10 years, year and State-wise is as under:   Amount in crores Name of the State 2011-12 2012-13 2013- 14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 Chhattisgarh 1236.19 1766.3 1887.36 1804.93 1856.86 1959.74 2319.56 2632.19 2350.21 2292.88 Jharkhand 1681.32 2129.66 2169.18 2213.03 2659.04 2819.89 3715.5 3778.78 3211.03 ...

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Retail Outlets are set up by Public Sector OMCs at identified locations based on field survey and feasibility studies

The Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli in a written reply to a question in the Lok Sabha today informed that the Retail Outlets (ROs) are set up by Public Sector Oil Marketing Companies (OMCs) at identified locations based on field survey and feasibility studies. Locations having sufficient potential and which are economically viable are ...

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FDI Inflow

During the current financial year 2021-22 (up to November, 2021) Foreign Direct Investment (FDI) inflows worth USD 54.10 billion have been reported in the country. The details of total FDI inflows reported during the last three financial years are as under: S. No. Financial Year Amount of FDI inflows (in USD billion) 1. 2018-19 62.00 2. 2019-20 74.39 3. 2020-21 ...

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Foreign Investmen

The details of foreign investment reported through routes of Foreign Direct Investment (FDI) inflow and Foreign Portfolio Investment (FPI) inflows (net) during the last five financial years are as under:   S. No. Financial Year Total FDI Inflow (amount in US$ million) FPI inflows (net) (amount in US$ million) 1. 2016-17 60,220 7,735 2. 2017-18 60,974 22,165 3. 2018-19 62,001 ...

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Marketing in Digital World: Challenges and Strategies

The rich and affluent class is fueling the high value product market where as people at ‘bottom of pyramid’ create huge demand for low priced consumption market. Worldwide high-value high paying jobs and low value low-paying jobs are expanding while everything in middle is contracting.   Marketing is just not about selling a product or satisfying the need of customers. ...

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Civil Aviation Minister urges States/UTS to rationalize VAT on ATF within the range of 1% to 4%

In order to give impetus to air travel, Union Minister for Civil Aviation ,Shri Jyotiraditya Scindia has written letter to 22 States/ UTs urging them to rationalize VAT on ATF across all airports in States within the range of 1% to 4%. He has asked them to take forward common intention to boost air travel and connectivity in State with ...

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Fraud in the Name of “Khadi Prakritik Paint”; Delhi High Court Bars a Unit from Using Brand Name ‘Khadi’

Delhi High Court has directed a Ghaziabad-based trader, who indulged in fraudulent manufacturing and selling of counterfeit Khadi Prakritik Paint, to stop all such activities immediately. The court noted that the defendant JBMR Enterprises, owned by one Umesh Pal, has indulged in “counterfeiting” by illegally using the “Khadi” brand name and copying the name and packaging of “Khadi Prakritik Paint” ...

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Second wave of COVID-19: Probable impact on Automobile sector

After the 1st wave of COVID-19 last year, the Indian auto Industry strived hard and was in a recovery path. But this time, the damage is anticipated to be severe. The first wave of COVID-19 was started in March 2020 with lot of panic and uncertainty and continued till Sept-Oct 2020. During this prolonged period, almost all economic sectors were ...

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