The export of mobile phones from India almost increased by 100 per cent to around Rs 45,700 crore till August of the current financial year, as estimated by industry body ICEA. According to ICEA, the mobile phone export from India between April-August 2023 was around Rs 24,850 crore. Apple exported mobile phones worth more than […]
The Yogi Adityanath government in Uttar Pradesh has embarked upon a mission to enhance cattle breeds, boost milk production, and augment the population of indigenous cow breeds. Recently, the government prepared a detailed action plan for three pivotal schemes under the Nand Baba Milk Mission, according to which, it would be spending Rs 31 crore […]
India’s food safety regulator and the Tea Board have conducted a meeting with all the stakeholders, including the research associations and growers to review the widespread concern on its quality and safety. The meeting was held in Kolkata on Saturday, according to a press release. CEO, of the Food Safety and Standards Authority of India […]
Union Finance Minister Nirmala Sitharaman on Saturday said that the Goods and Services Tax (GST) Council has decided to exempt Extra Neutral Alcohol (ENA), a key raw material for manufacturing alcoholic liquor for human consumption, from the GST, giving states the exclusive right to tax the item. Sitharaman, while briefing the media after the 52nd […]
In the fiscal year 2023-24, as stated by RBI Governor Shaktikanta Das on Friday, both India’s exports and imports have contracted. The contraction in merchandise exports and imports persisted, albeit at a slower pace in July and August, following the Monetary Policy Committee meeting. In August, merchandise exports and non-oil non-gold imports saw a moderated […]
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath has issued instructions to senior officials in the Department of Food and Civil Supplies to address the issues of hoarding and price increases of pulses within the state. These instructions include conducting inspections and verifications of pulse traders to enforce the revised stock limit set […]
The Food Safety and Standards Authority of India (FSSAI) has clarified in a statement that the addition of protein binders or any other additives is not permitted in milk and milk products as specified in Appendix A of the Food Safety and Standards (Food Products Standards and Food Additives) Regulation, 2011. Almost every dairy product […]
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 […]
