Category Archives: Trade

Coal mining capacity increases in last 3.5 years | Piyush Goyal

Coal India

Coal Minister Piyush Goyal has informed that the coal mining capacity of India  has increased in the last three and a half years. Speaking in New Delhi , the Minister said, it has increased from a mere 11 million tonnes to 31 million tonnes. He pointed out that there has been an increase of nearly 20 million tonnes in mining capacity.

Shri Goyal expressed his … Read More

MoPNG | Facilitation Workshop under Open Acreage Licensing Programme, Mumbai

Dharmendra Pradhan

Over the recent past years MoPNG has undertaken a slew of initiatives to achieve Prime Minister’s vision for Energy Security and Sufficiency, in continuation to which OALP Bid Round I was launched in January 2018 under 55 bidder selected blocks, each carved out by prospective bidders themselves in promising basins with an area of 59,282 Sq. Kms were announced… Read More

ONGC drillship Sagar Bhushan at Cochin Shipyard faces explosion

Cochin Shipyard

A blast has been reported in ONGC drillship Sagar Bhushan at 9.15 am today at Cochin Shipyard where it has been dry docking since 7 December 2017. The drillship was undergoing mandatory Special Survey (Hull & Machinery) repairs in Cochin Shipyard as per class requirement. The cause of the incident is being ascertained.

 … Read More

Oncam launches 360-degree Evolution Stainless Steel camera series

Oncam NSF Camera

Oncam, the leading provider of 360-degree video capture and business intelligence technology, broke new ground as its award-winning Evolution Stainless Steel camera earned the coveted Standard 169 accreditation from NSF International. The innovative and robust 360-degree camera from Oncam is the first and only surveillance camera of its kind to receive… Read More

Ramsinh Parmar elected Chairman | Amul

GCMMF

Anand Dairy Chairman  Shri Ramsinh Parmar was unanimously elected as the Chairman of Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), the marketing body of the ‘Amul’ brand of milk and other dairy products.

BJP MLA Jetha Bharwad was elected as the vice chairman of GCMMF.The elections to the two posts were held today at the GCMMF… Read More

GDP growth expected to be around 8 to 8.5 % in 2018-19

GDP

NITI Aayog Vice Chairman, Rajiv Kumar has said that the country’s GDP growth is expected to be around 8 to 8(point)5 per cent in 2018-19 and what has been predicted by the Economic Survey is underestimate. Talking to media in New Delhi, Mr Kumar said , the investment cycle has picked up and will increase further.

He said, the quantum of corporate bonds … Read More

Suresh Prabhu invites WTO ministers for India meet

Suresh Prabhu

Commerce and Industry Minister Suresh Prabhu has invited his counterparts from WTO member countries for a mini-ministerial meeting in India.Shri Prabhu, who attended a ministerial dinner hosted by the WTO here on the sidelines of the World Economic Forum (WEF) last night, said he personally invited all of them for the mini-ministerial to be hosted by India… Read More

India to become fastest growing large economy in 2018

Sanctum Wealth Management

India will become the fastest growing large economy in the world, eclipsing China, in 2018 and the country’s equity market will jump to become the fifth largest in the world, a report says. According to a Sanctum Wealth Management report, when the rest of the world offers low growth and insufficient structural change, India, by contrast, is seen as … Read More

Tax rates on 29 Goods & 53 categories of Services reduced | GST Council

21st GST Council

Goods and Services Tax Council has reduced the tax rate on 29 goods and 53 categories of services by bringing them in lower category. The new rates will be effective from 25th of this month. The GST rate on tailoring service has been reduced from 18 to 5 percent and tax on entry services to theme parks, water parks, joy rides, merry-go-rounds, go-carting and ballet… Read More

Textiles Ministry inaugurates 60th India International Garment Fair

India International Garment Fair

The 60th edition of India International Garment Fair (IIGF) was inaugurated  by Minister of State for Textiles, Shri Ajay Tamta, at Pragati Maidan, New Delhi. Addressing the audience, the Minister said that garment sector is one of the largest providers of employment. He said that IIGF is a big platform which brings together overseas garment buyers and… Read More

International Workshop on Disaster Resilient Infrastructure

Home Minister Rajnath Singh inaugurated a two-day International Workshop on Disaster Resilient Infrastructure organized by National Disaster Management Authority in New Delhi. Speaking on the occasion, Mr Singh said, this workshop is a paradigm shift in the field of disaster management globally.

He said tremendous foresight and rigour are required … Read More

14,500 Cr raised through BHARAT-22 Exchange Traded Fund

Bharat-22

Shri Pon. Radhakrishnan, Minister of State for Finance  has informed that the Government has launched the Bharat-22 Exchange Traded Fund (ETF) to benefit long term and retail investors by providing an opportunity of participation in equity stocks of the Government run companies and earn stable returns. The New Fund Offer (NFO) of BHARAT 22 Exchange Traded… Read More