Finance Secretary T V Somanathan said that the retail inflation in India is expected to ease by December, attributing it to more favorable seasonal factors, the news agency Reuters reported. Despite staying above the upper limit of the central bank’s 2-6 per cent tolerance band for the second consecutive month in August, retail inflation has […]
Minister of Petroleum and Natural Gas Hardeep Singh Puri met the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) on Tuesday and addressed the OPEC crude production cuts and their impact on the global energy sector. “Minister of Petroleum and Natural Gas Hardeep Singh Puri urged OPEC to recognize the gravity of the […]
The Ministry of Housing and Urban Affairs (MoHUA) in a statement has said that the central government has covered a total of 50 lakh street vendors under PM Street Vendor’s AtmaNirbharNidhi (PM SVANidhi) scheme. Started on 1 June 2020, PM SVANidhi is a micro-credit scheme for urban street vendors that aims to provide collateral-free working […]
Jharkhand’s prized Tassar silk holds significant potential in both domestic and international markets, with the Central Silk Board and Khadi Board actively supporting its promotion, as stated by Governor CP Radhakrishnan. In an exclusive interview with the news agency PTI on Monday, the governor emphasized the need to boost the rural economy of the tribal-dominated […]
Union Minister Anurag Thakur on Friday said that the surge in illicit trade is a troubling consequence of globalisation which casts a shadow on the country’s progress toward achieving a 5 trillion-dollar economy. Addressing the 9th edition of FICCI CASCADE’s ‘MASCRADE 2023’, Anurag Thakur said, “Illicit trade, whether conducted through activities like smuggling, counterfeiting, or […]
The Federation of Indian Export Organisations (FIEO) on Friday requested Union Finance Minister Nirmala Sitharaman to extend benefits till March 2024 that were provided under the Emergency Credit Line Guarantee Scheme (ECLGS). According to reports, the scheme ended in March 2023. The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part […]
Chief Minister Manohar Lal Khattar has imposed a total ban on serving hookah in hotels, restaurants, bars and commercial establishments in Haryana. Teams will be formed to stop the serving of Hookah in bars, pubs and restaurants. Amit Bhatia, Deputy Excise Commissioner in the State said, “The Chief Minister has taken this decision regarding public […]
Ministry of Textiles approved a total of 18 Research and Development projects worth Rs 46.74 crore across different areas of technical textiles, an official statement said on Thursday. Addressing the 7th Meeting of the Mission Steering Group (MSG) of the National Technical Textiles Mission in New Delhi, Union Textiles Minister Piyush Goyal said, “Industry and […]
The textile industry of Haryana is planning to shift its units to Uttar Pradesh and a delegation of the Haryana Textiles Association met the Uttar Pradesh Chief Minister Yogi Adityanath recently. According to an official statement released by the association, the textile industry is taking this step after being impressed with the improved law and […]
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from 1 October. This move comes with the consensus of all Indian states and follows the recent passage of amendments to […]
