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Despite persistent global challenges, overall exports (merchandise + services) estimated to surpass last year’s highest record. It is estimated to reach USD 776.68 Billion in FY 2023-24 as compared to USD 776.40 Billion in FY 2022-23.

India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per cent over March 2023. Overall imports in March 2024* is estimated to be USD 73.12 Billion, exhibiting a negative growth of (-) 6.11 per cent over March 2023.   Table 1: Trade during March 2024* ...

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RBI plays a pivotal role in advancing our nation’s growth trajectory

The Prime Minister, Shri Narendra Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India, in Mumbai, Maharashtra today. Shri Modi also released a commemorative coin to mark 90 years of RBI. The Reserve Bank of India (RBI) commenced its operations on the 1st of April in 1935 and enters its 90th ...

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NTPC Group crosses 400 Billion Units (BU) of power generation in 2023-24, surpassing electricity generated in previous year

NTPC Group has crossed the mark of 400 Billion Units (BU) of total electricity generation in the current financial year, on 13th March, 2024. During FY 2022-23, the company had generated 399.3 BU. This milestone has been achieved with an average Plant Loading Factor (PLF) of 77.06% for NTPC’s coal stations, till 13th March, 2024 in the current financial year. Earlier during ...

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Ministry of Mines Launches Third Tranche of Auction of Critical and Strategic Minerals

The third tranche of E-auction of Critical & Strategic Minerals was launched by the Ministry of Mines today i.e., 14th March 2024. A total of 7 critical mineral blocks are being put up for auction as composite license in this 3rd Tranche. These 7 mineral blocks are auctioned under second attempt of auction as per sub-rule 10 and sub-rule 11(b) of rule ...

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One More Coking Coal Mine Auctioned on Third Day of Auctions On third day of auctions under 9th round and 8th round of commercial coal mine auctions, 1 mine was put up for auction. The coal mine is partially explored coking coal mine. The total geological reserve for the coal mine is 200 Million Tonnes. Including today’s auction, a total of 4 coking coal mines have ...

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Competition Commission of India notifies three distinct regulations on determination of turnover, settlement, commitment and penalty guidelines in relation to an enterprise

The Competition Commission of India (CCI) has notified three regulations viz. THE CCI (SETTLEMENT) REGULATIONS, 2024; THE CCI (COMMITMENT) REGULATIONS, 2024; THE CCI (DETERMINATION OF TURNOVER OR INCOME) REGULATIONS, 2024 and THE CCI (DETERMINATION OF MONETARY PENALTY) GUIDELINES, 2024 on 06.03.2024. These regulations and guidelines were issued pursuant to the Competition (Amendment) Act, 2023, and subsequent notification of sections 20, 35 & 40 of the Competition ...

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DoT initiates Spectrum Auction to augment the existing telecom services and maintain continuity of services Issues Notice Inviting Applications today to this effect

Department of Telecom (DoT) has initiated the Spectrum Auction to augment the existing telecom services and maintain continuity of services. DoT issued Notice Inviting Applications (NIA) today (08.03.2024) to this effect. The Government of India under the leadership of Prime Minister Shri Narendra Modi is committed to provide affordable, state-of-art high quality telecom services to all the citizens. Highlights of ...

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CIL Achieves Record Coal Production of 703.91 MT up to 7th March 2024

The Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes (MT) of coal up to 7th March 2024 during the current fiscal, surpassing last financial year’s production of 703.20 MT by an impressive margin of 24 days. Additionally, CIL maintains an ample coal stock of 72.70 MT as of 7th March 2024. To enhance domestic coal production, the ...

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Launch of Exploration Licence for Critical and Deep Seated Minerals by the States of Karnataka and Rajasthan – A First in the Country

Karnataka and Rajasthan launched auction of Exploration Licence (EL) for critical and deep seated minerals on 06.03.2024. Exploration Licence blocks are being auctioned for the first time in the country. Karnataka launched auction of one block of Gold, Copper and Lithium and Rajasthan launched auction of three blocks of Rare Earth Elements, Rare Metal and Potash minerals. The Mines and Minerals ...

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ChipIN, the one-stop centre for chip designers across the country, gets fillip with support from semiconductor industry leaders

“This is a huge opportunity for current and budding entrepreneurs from Trivandrum and Kerala, to be at the starting line of designing and reimagining the systems, devices and products of tomorrow. Inline with the vision of Hon’ble Prime Minister – Shri Narendra Modi Ji’s of India being a semicon hub for the world, we believe that the future is not only about ...

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