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The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the amendment in Foreign Direct Investment (FDI) policy on space sector.  Now, the satellites sub-sector has been divided into three different activities with defined limits for foreign investment in each such sector. The Indian Space Policy 2023 was notified as an overarching, composite and dynamic framework to implement the vision for ...

As our nation’s backbone, the Micro, Small, and Medium Enterprises (MSME) sector plays a pivotal role in fostering employment opportunities and reducing regional imbalances. In a significant stride towards fostering digital inclusion in the MSME sector, the Quality Council of India (QCI) and Open Network for Digital Commerce (ONDC) are proud to announce the launch of the DigiReady Certification (DRC) ...

The coal sector has showcased highest growth of 10.6 % (provisional) among the eight core industries for the month of December 2023 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries. The index of coal industry has reached 204.0 points during Dec’23 as compared to 184.4 points during the same ...

South Eastern Coalfields Ltd (SECL), one of the largest coal-producing subsidiaries of Coal India Ltd, will be developing rooftop and ground mounted solar power projects of 600 MW capacity in the coming years as part of the company’s strategy to expand and diversify its business and achieve the “Net Zero Energy” goal. The strategy is in line with the larger ...

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry has successfully notified two new Quality Control Orders (QCOs) on July 5, 2023. These QCOs on ‘Potable Water Bottles’ and ‘Flame-Producing Lighters’ will come into effect six months from the date of notification. These QCOs aim to strengthen the quality ecosystem in India and enhance public ...

The Startup20 Engagement Group of the G20 kicked off its third meeting, the Goa Sankalpana, with an atmosphere of unwavering energy and determination today in Goa. The day commenced with the presentation of the eagerly anticipated Policy Communiqué, followed by a series of engaging sessions and addresses, driving the conversation on startup innovation and collaboration. The morning session commenced with ...

National Aluminium Company Limited (NALCO), the Navratna CPSE, under the Ministry of Mines, Government of India,has reported robust performance across all its business units, with best-ever annual production and sales during the Financial Year 2022-23. According to the financial results, taken on record in the Board of Directors meeting held today, NALCO has posted a net profit of Rs. 1544 ...

The National Campaign for Updation and Verification of People’s Biodiversity Register (PBR) was launched in Goa today, marking a significant step towards the documentation and preservation of India’s rich biological diversity. The function, organized by the Union Ministry of Environment, Forest and Climate Change, in association with the Goa State Biodiversity Board, the National Biodiversity Authority, and the Government of ...

Union Minister of State for Skill Development and Entrepreneurship and Electronics and IT Rajeev Chandrasekhar today held Digital India Dialogues on the Principles of the Digital India Act, a future ready legislation that aims to replace the existing IT Act and provide a strong legal framework for protecting the rights of the Digital nagriks while ensuring an enabling environment for ...

Remarkable growth in the number of passengers carried by domestic airlines has been noticed. According to the traffic data submitted by various domestic airlines, the number of passengers reached a record-breaking 503.92 lakhs, marking a substantial annual growth of 42.85% compared to the corresponding period of the previous year which was 352.75 lakhs passengers. This remarkable surge in passenger number ...