PM to flag off eight trains facilitating seamless rail connectivity to Statue of Unity with different regions of the country on 17 January

Prime Minister Narendra Modi will flag off eight trains connecting different regions of the country to Kevadiya on 17th January, 2021 at 11 AM via video conferencing. These trains will facilitate seamless connectivity to the Statue of Unity. Prime Minister will also inaugurate several other projects related to the Railways sector in Gujarat during the … Read more

NSIC and Airtel join forces to accelerate Digital Transformation of Indian MSMEs

Udaipur.  Bharti Airtel (“Airtel”), India’s premier communications solutions provider, is stepping up initiatives to accelerate the digital transformation of Micro, Small and Medium Enterprises (MSME) in India by partnering with National Small Industries Corporation (NSIC), A Government of India Enterprise having its mission “to promote and support MSME sector by providing integrated support services encompassing Marketing, … Read more

Indian Railway enhances Speed to 130 Kmph Along the Golden Quadrilateral & Golden Diagonal sections

Indian Railway has started the New Year by achieving a landmark achievement by drastically enhancing the maximum speed to 130 kmph for 1,280 km length out of 1,612 Km in Golden Quadrilateral – Golden Diagonal (GQ-GD) route.This covers the entire GQ-GD route over South Central Railway, except Vijayawada – Duvvada section, where signaling up-gradation work … Read more

First Advance Estimates of National Income, 2020-21

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for the financial year 2020-21 along with the corresponding estimates of expenditure components of the Gross Domestic Product (GDP). 2.  The First Advance Estimates of GDP have been … Read more

CBIC introduces flagship Liberalised Authorised Economic Operator Package for MSMEs

Recognising their critical contribution in supporting the economy especially during the present difficult times of COVID-19 pandemic, Central Board of Indirect Taxes & Customs (CBIC) has taken a new initiative to introduce its flagship “Liberalised MSME AEO Package” for Micro Small and Medium Enterprises (MSMEs). In order to attract MSMEs to become Authorised Economic Operators … Read more

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.113/2020-Customs(N.T.), dated 17thDecember, 2020 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of … Read more

NALCO to invest Rs. 30000 crores on expansion by Financial year 2027-28: Shri Pralhad Joshi

Union Minister for Coal & Mines Pralhad Joshi said that NALCO will invest around Rs. 30000 crores by financial year 2027-28 on the company’s expansion and diversification plans. Joshi was addressing the 41st Foundation Day of NALCO today at the company’s headquarters in Bhubaneswar, the capital city of Odisha. Out of this proposed investment, the company … Read more

Details of Freight Corridor dedicated explained.

Dedicated Freight corridor, whose Rewari – Madar section on Western corridor, was dedicated to the Nation by Prime Minister Narendra Modi today, is going be the game changer in economic development of the country. Dedicated Freight Corridor Corporation of India is constructing the Western DFC (1506 Route km) and Eastern DFC (1875 route km including … Read more

Bureau of Indian Standards celebrates the 74th foundation day on 6th January 2021

The Union Minister for Consumer Affairs, Food & Public Distribution, Commerce & Industry and Railways Piyush Goyal attended the 74th foundation day celebration of Bureau of Indian Standards on 6th January 2021.  On this occasion he inaugurated the Toy Testing facilities, which BIS has created across three of its laboratories and announced the launch of Certificate Courses on … Read more

Ministry of Railways extends time limit beyond six months for cancellation of PRS counter tickets and refund of fare across reservation counters for the journey period 21.03.2020 to 31.07.2020

Ministry of Railways has decided to extend the time limit beyond six months and upto nine months from the date of journey for cancellation of PRS counter tickets and refund of fare across reservation counters for the journey period 21.03.2020 to 31.07.2020. It is applicable only for regular time tabled trains cancelled by Railways. In … Read more

HDFC Bank witness loan growth of 19% in Q3FY21

HDFC Bank has witnessed a loan growth of 19 percent to Rs 10,82,000 crore during the third quarter ended December 2020 (Q3FY21). The bank had an outstanding loan of Rs 9,36,000 crore as of December 31, 2019, and a growth of around 4 percent. It stood at Rs 10,38,300 crore as of September 30, 2020. … Read more

HDFC planning to raise Rs 5,000 crore via NCDs

Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 5,000 crore by issuing bonds on private placement basis to meet its business requirements. The bank will issue secured redeemable non-convertible debentures (NCDs) on private placement basis with an issue size of Rs 2,000 crore and an option to retain over-subscription of up … Read more

YEAR END REVIEW-2020, DEPARTMENT OF POSTS

For more than 150 years, the Department of Posts (DoP) has been the backbone of the country’s communication and has played a crucial role in the country’s social economic development. It touches the lives of Indian citizens in many ways: delivering mails, accepting deposits under Small Savings Schemes, providing life insurance cover under Postal Life … Read more

Income Tax Department conducts searches in Delhi

The Income Tax Department carried out search and seizure action on a number of hawala operators engaged in the activity of routing and handling unaccounted cash in Delhi region. The search action has resulted in unearthing of incriminating evidences revealing various shell entities being used for raising bogus purchase/sale bills, and routing of unaccounted funds … Read more

Department of Posts issues clarification regarding newspaper reports of stamp release on gangsters

It has been reported by media that ‘My Stamp’ on alleged criminals Chhota Rajan and Munna Bajrangi have been made by a Post Office in Kanpur. In this regard rules provide that a customer can get ‘My Stamp’ printed of himself, family photograph/photo of friends, relatives etc on occasions like birthdays, retirement, greetings etc. for … Read more

Union Ministry of Road Transport and Highways (MoRTH) extends validity of Vehicular documents like DLs, RCs, Permits etc till 31st March 2021

The Union Ministry of Road Transport and Highways (MoRTH) has extended the validity of vehicular documents like DLs, RCs, Permits etc till 31st Mach 2021 in the light of need to prevent spread of Covid -19. Ministry has today issued a directory to the States and Union Territory administrations in the regard. MoRTH had earlier … Read more

COVID-19 had massive impact on Indian aviation sector in 2020

New Delhi:  The COVID-19 pandemic had a massive impact on the Indian aviation sector in 2020 and major airlines facing losses and challenging times laid off employees, sent them on leave without pay, or cut their salaries. The government also had to extend the deadline for submitting bids for Air India five times during the … Read more

FinMin allows Rajasthan to borrow Rs 2,731 cr more post ease of doing biz reform

New Delhi:  The Finance Ministry on Saturday said it has permitted Rajasthan to borrow an additional Rs 2,731 crore after the state successfully undertook ease of doing business reforms. Rajasthan has now joined the five other states namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana, which have completed the reform facilitating ease of … Read more

Rajasthan becomes 6th State to complete ease of doing business reforms ; Additional borrowing permission of Rs. 2,731 crore issued

Rajasthan has become the 6th State in the country to successfully undertake “Ease of Doing Business” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs. 2,731 crore through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure … Read more

FedEx Survey Shows Indian SMEs Believe Growth in E-Commerce to Continue, Even as COVID Restrictions Lift

Udaipur :  FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, shared the findings of a recentsmall and medium enterprise (SME)-focused survey in India. The FedEx-commissioned survey was conducted by the independent research firm Dun & Bradstreet India to identify trends in e-commerce and digital adoption among … Read more

Gadkari to inaugurate and lay foundation stone for 18 highway projects in Rajasthan tomorrow

Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari will inaugurate and lay foundation stone for 18 highway projects in Rajasthan tomorrow. Ashok Gehlot, Chief Minister, Rajasthan will preside over the virtual function, to be attended by Union Ministers Gen (Retd) V K Singh and several Ministers from the State. These projects for inauguration and … Read more

World Bank Signs $500 Million Project to Develop Green, Resilient and Safe Highways in India

The Government of India and the World Bank today signed a $500 million project to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh. The project will also enhance the capacity of the Ministry of Road Transport and Highways (MoRTH) in mainstreaming safety and green … Read more

ICICI Bank gains on launching ‘Infinite India’

ICICI Bank is currently trading at Rs. 497.95, up by 3.60 points or 0.73% from its previous closing of Rs. 494.35 on the BSE. The scrip opened at Rs. 495.10 and has touched a high and low of Rs. 501.75 and Rs. 489.00 respectively. So far 843827 shares were traded on the counter. The BSE … Read more

Arjun Munda E-Launches New Tribes India Outlet at Guwahati International Airport

Union Minister for Tribal Affairs Arjun Munda e-launched new Tribes India Outlet at the Departure Lounge of Lokpriya Gopinath Bordolai International Airport, Guwahati today. Smt. Renuka Singh, Minister of State for Tribal Affairs, Ramesh Chand Meena, Chairman, TRIFED, Smt. Pratibha Brahma, Vice Chairman, TRIFED, Pravir Krishna, Managing Director, TRIFED and Director, Airport Authority of India, … Read more

Central Bank of India Celebrates 110th Foundation Day by LaunchingRUPAY SELECT DEBIT CARD and FASTAG

Central Bank Of India Celebrated its 110th Foundation Day on 21st Dec. 2020, on this occasion ShriPallavMohapataraMD &CEO ,ShriAlokSrivastava ED and P P Panda CVO  along with other Executives of the Bank paid floral tributes to the Founder of the Bank Sir SorabjiPochkhanawala at their Corporate Office Nariman Point Mumbai. Central Bank Of India  in association with National … Read more

ICICI Prudential Life Insurance launches Guaranteed Pension Plan

Udaipur : ICICI Prudential Life Insurance has launched ‘ICICI Pru Guaranteed Pension Plan’, an innovative retirement plan that offers guaranteed life-long income to lead a financially independent retired life. A non-linked non-participating individual annuity product, it provides customers with the flexibility to choose between Immediate and Deferred Annuity. The Immediate Annuity option enables customers to … Read more

Government decides to constitute a High Level Committee headed by Union Home Minister to commemorate the 125th Birth Anniversary of Netaji Subhas Chandra Bose

The Government has decided to constitute a High Level Committee to commemorate the 125th Birth Anniversary of Netaji Subhas Chandra Bose.   This High Level Committee will decide on the activities for a one year long commemoration starting 23rd January, 2021.   The High Level Committee will be headed by the Union Home Minister, Amit Shah.   The Commemoration is … Read more

Skill India undertakes Recognition of Prior Learning (RPL) for workers under Department of Panchayati Raj in Chandauli and Varanasi

In line with its vision to promote decentralization and local governance for better planning and implementation of skill development programmes, Ministry of Skill Development and Entrepreneurship (MSDE) is conducting a Special Recognition of Prior Learning (RPL) program for workers, with Department of Panchayati Raj (DoPR) in Chandauli and Varanasi. The programme, implemented under SANKALP Programme … Read more

Skill India Establishes First Centre of Excellence for Skill Development in Power Sector

In a significant development and in line with the commitment to skill development and vocational training, the Ministry of Skill Development and Entrepreneurship, Government of India, the Ministry of National Education and Youth, Government of the French Republic and Schneider Electric, today announced the inauguration of  first Center of Excellence(CoE) for skill development in power … Read more

Piyush Goyal launches India-Australia Economic Strategy Report;

Union Minister of Railways, Commerce and industry, Consumer Affairs, Food and Public distribution Piyush Goyal today said that there is tremendous scope for Australian investment into India as we ease our FDI norms & open up different sectors. Addressing CII’s session on Enhancing India Australia Bilateral Economic and Trade Relationship, he said that we have … Read more

Agriculture Minster Narendra Singh Tomar’s Letter to Farmers A letter to farmer brothers and sisters

Dear Farmer brothers and sisters, I am in constant contact with you for the last few days regarding historical agricultural reforms. In the recent past, I have had conversations with National Farmer Organizations of many states. These farming reforms have been welcomed by many farmer organizations. They are happy with these reforms, farmers have found … Read more

PM Modi addresses Kisan Sammelan held in Madhya Pradesh

Prime Minister Narendra Modi addressed Kisan Sammelan held across Madhya Pradesh through video conferencing. He also inaugurated and laid foundation stone for cold storage infrastructure and other facilities. Speaking on the occasion, the Prime Minister stressed, no matter how hard the farmer works, if there is no proper storage of fruits-vegetables-grains, then the farmer is … Read more

Rapido Auto enters Delhi NCR; Extends to 11 additional cities in India

Udaipur : Rapido, India’s largest bike taxi platform, today announced the expansion of Rapido Auto services in 11 additionalIndian cities across five additional states. The service will give access to commuters to book autos for their everyday commute from the comfort and safety of their home. The service was launched in Delhi NCR in the presence of Mr. … Read more

The Farm Acts are steps taken by the Government towards doubling farmers income by 2022 — Agriculture Minister Narendra Singh Tomar

Union Minister for Agriculture and Farmers Welfare Narendra Singh Tomar met members of Farmer Producer Organisations of Federation of Indian FPOs and Aggregators (FIFA) representing 15 states and around500 FPOs at Krishi Bhawan today. They expressed their support for the recent Agricultural Reforms by the Government of India. They thanked the minister for the enabling … Read more

Rustic Art launches Serve Clean to preserve the essential nutrients in your Vegetables and Fruits

Rustic Art, a home-grown organic personal & homecare brand recently launched Serve Clean – a 100 per cent natural and organic Vegetable & Fruit Wash. The Soapnut Tamarind powdered formulation is curated to get rid of wax, dirt, bacteria and pesticides from vegetables and fruits. Enriched with Colloidal Silver, it has a strong anti-bacterial property that works effectively against … Read more