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In recognition of the stellar role played by NALCO among the public sector undertakings (PSUs) in the Indian economy as well as in the wider socio-economic development, Navratna NALCO has bagged the award for Best Export Performance in the Dun & Bradstreet PSU Awards 2019. The award was presented by Union Minister of Heavy Industries and Public Enterprises Shri Arvind Sawant at ...

Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman said  that Competition Commission of India (CCI) should ensure Indian enterprises are safeguarded from abuse by entities operating from other jurisdictions. Smt. Sitharaman was speaking at the 10th anniversary celebrations of the CCI. Smt. Sitharaman said that CCI must keenly observe market developments around the globe as borders no longer determine competition ...

India has modest reserves of iron ore, bauxite and coal, but very little deposits of other non-ferrous metals. Considering the increasing need in the country for iron, aluminium and other metals during future years. It is apprehended that, the mineral resources of the country may be exhausted soon. In view of this, it is essential to conserve these as much ...

NITI Aayog will release the second Round of Composite Water Management Index (CWMI 2.0) tomorrow in New Delhi. It will be launched by Shri Gajendra Singh Shekhawat, Minister of Jal Shakti, and Dr. Rajiv Kumar, Vice Chairman, NITI Aayog. Inspired by the Prime Minister Narendra Modi’s impetus on Jal Sanchay, Jal Shakti Ministry on 1stJuly, 2019  launched the Jal Shakti ...

The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act, 1961(the ‘Act’), which provides deduction for 100 per cent of income of an eligible start-up for 3 years out of 7 years from ...

The time has come to take on the policies of protectionism and unilateral measures by some developed countries that are having an adverse effect on global free trade and if this continues there will be recession in the world and no country will escape it, said Union Minister of Commerce & Industry and Railways, Piyush Goyal. He was speaking at ...

The Ministry of Environment, Forest and Climate change has decided to relax the mandatory charging of lease rent of Rs. 30,000/- per MW for wind power projects. In a review meeting Union Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar took a conscious decision to relax the condition of charging the lease rent of Rs. 30,000/- per MW ...

The 20th High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Hon’ble Chief Minister, Shri Naveen Patnaik in newly inaugurated Kharavel Bhavan conference hall on 19th August, 2019, has approved five investment proposals envisaging investment of Rs. 2,04,069 Crore. With the 5T initiative devised by the Odisha Govt.,where transformation goals will be achieved through teamwork, transparency and technology ...

 Sridhar Patra has been selected by the Public Enterprises Selection Board (PESB) for the post of Chairman cum Managing Director (CMD) of National Aluminum Company (Nalco). Patra is currently serving as its Director (Finance). Patra will take over as CMD of the navaratna PSU on December 1 this year upon the superannuation of the incumbent CMD Dr. Tapan Kumar Chand. ...

Khadi and Village Industry Commission (KVIC) distributed as many as 50 leather kits and 350 Bee-Boxes with live bee colonies in tribal-dominated village in Sirohi district of Rajasthan, one of the aspirational districts in India identified by the NITI Aayog, on World Tribal Day today.   While addressing the villagers, KVIC Chairman Vinai Kumar Saxena said that programmes like Leather ...