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All-India Consumer Price Index Numbers for Agricultural And Rural Labourers – July, 2020

The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of July, 2020 increased by 3 and 4 points to stand at 1021 (One thousand and twenty one) and 1028 (One thousand and twenty eight) points respectively. The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came ...

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Induction of Rafale In Indian Air Force

The first five Indian Air Force (IAF) Rafale aircraft have arrived at Air Force Station, Ambala. The aircraft got airborne from Dassault Aviation Facility, Merignac, France on the morning of 27 Jul 20 and reached India this afternoon with a planned stopover en-route at Al Dhafra airbase in the UAE. The ferry was planned in two stages and was undertaken ...

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TDB approves support for indigenous company for ramping up production of COVID-19 diagnostic kits

The Technology Development Board (TDB), a statutory body of the Department of Science and Technology (DST), has approved financial support to MyLab Discovery Solutions, Pune, for ramping up production of COVID-19 diagnostic kits they have developed.The company has submitted an application in response to its invitation for proposals for technologically innovative solutions towards fighting COVID-19. Mylab Discovery Solutions is the ...

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Defence PSUs, OFB pitch in to fight against COVID-19

Defence Public Sector Undertakings (DPSUs) and Ordnance Factory Board (OFB) of Ministry of Defence (MoD) have pitched in to shore up the national fight against COVID-19. The OFB has planned for 280 isolation beds across 10 hospitals spread over six states in the country. They are located at Vehicle Factory Jabalpur, Metal and Steel Factory Ishapore (West Bangal), Gun and ...

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KEY HIGHLIGHTS OF UNION BUDGET 2020-21

Presenting the first Union Budget of the third decade of 21st century, Finance Minister Smt. Nirmala Sitharaman, today unveiled a series of far-reaching reforms, aimed at energizing the Indian economy through a combination of short-term, medium-term, and long-term measures. The Key Highlights of Union Budget 2020-21 are as follows: Three prominent themes of the Budget Aspirational India – better standards of living ...

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New Vehicles to be Pre-Fitted with High Security Registration plates from April next Year

All new vehicles will be sold pre-fitted with High Security Registration Plates – HSRP from the 1st of April next year. The Ministry of Road Transport & Highways has notified amendments in Central Motor Vehicles Rules, 1989 to this effect. The notification mandates that the High Security Registration Plate including the third registration mark shall be supplied by the vehicle manufacturers along with ...

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Consumer Price Index numbers on base 2012=100 for Rural, Urban and Combined for the Month of October 2018

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015. 2.    In this press note, the CPI (Rural, Urban, Combined) on Base 2012=100 is being released for the month of October 2018. ...

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Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified 

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.63/2018-CUSTOMS (N.T.), dated  19th July, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and  Customs hereby determines that ...

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GST Council recommends granting relief from GST on services provided by the Resident Welfare Associations (RWAs) to their Members

In its 25th Meeting held on 18th January, 2018, the GST Council had recommended several measures granting relief from GST on a number of goods and services. One of the important reliefs granted by the Council is to enhance the limit of contribution made by members of a Resident Welfare Association (RWA) for the purpose of exemption from GST.The Council had recommended that ...

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Indian Auto Industry in Changing World Order

Change is the only universal constant.  This is also quite evident in the global automotive industry and can be seen with regards to the products, consumer choice, markets, technology and the competitive paradigms that govern this sector. The changing world order in the automotive space can be categorized around a few important broad themes – “emergence of new markets and opportunities”, “enhanced ...

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