The Union agriculture ministry has set a target of a record 3,320 lakh tonnes (332 million tonnes) production of foodgrains for the year 2023-24 as against the latest estimate of 3,235 lakh tonnes produced the previous year. Union Agriculture Minister Narendra Singh Tomar inaugurated National Conference on Agriculture for Kharif Campaign 2023-24 on Wednesday. The […]
The Ministry of Coal has conceptualized an Action Plan for the FY 2023-24 with the goal of achieving ‘Aatmanirbhar Bharat’ by enhancing the production, efficiency, sustainability, new technologies etc. in the coal sector, said an official statement on Wednesday. It is an ambitious, well-crafted roadmap that covers a variety of areas stated below. Coal Analytics: […]
The United Kingdom on Wednesday appointed Harjinder Kang as Trade Commissioner for South Asia. He will lead the country’s overseas efforts to promote United Kingdom trade, investment, trade policy and export finance. Kang will also serve as the British Deputy High Commissioner for Western India, with overall responsibility for the states of Maharashtra, Goa and […]
India’s coal production has made a new record for highest-ever production during the month of April 2023, achieving 73.02 million tonnes (MT) with a yearly growth of 8.67 per cent, according to Ministry of Coal. In April 2022, the total coal output was 67.20 million tonnes. Coal India (CIL) alone reported production of 57.57 MT […]
The Indian government is planning to announce a national retail trade policy and an accident insurance scheme for GST-registered domestic traders, according to news agency PTI. The policy is expected to provide better infrastructure and increased access to credit for traders, with provisions to ensure easy and affordable credit, digitisation of retail trade, modern infrastructural […]
Union Minister of Civil Aviation Jyotiraditya Scindia said it was a landmark achievement for India as domestic airlines witnessed an annual growth of 51.70 per cent in passenger traffic during January-March 2023 as compared to the corresponding period last year. The minister also tweeted, “This shows their growing domestic footprint and the potential to grab […]
In a series of meetings with the Union government and Prime Minister Narendra Modi, Apple Chief Executive Officer Tim Cook has expressed confidence about a long-term working relationship with India. After the meeting with Prime Minister Modi, Tim Cook on Wednesday tweeted, “Thank you Prime Minister @narendramodi for the warm welcome. We share your vision […]
Union Commerce Minister Piyush Goyal said that India’s overall exports scaled new heights to USD 770 billion in 2022-23, registering 14 per cent growth compared to the previous year’s figures. He said, “It is an all-time high record, growing from USD 500 billion in 2020-21 to USD 676 billion in 2021-22”. Goyal was addressing the […]
Clearing the air regarding the ongoing trade talks between India and the UK, Union minister Piyush Goyal stressed that negotiations are “underway but some credible action should be taken against the incidents that happened in Britain,” referring to the recent pro-Khalistan activities by some elements outside Indian High Commission in London. On 19 March this […]
A year after signing Comprehensive Economic Partnership Agreement (CEPA) with United Arab Emirates (UAE), India is likely to touch an all-time high in exports this year, Dr Srikar K Reddy, Joint Secretary, Ministry of Commerce said on Thursday. Reddy said that the historical India-UAE CEPA is yielding results. “India-UAE CEPA has seen a significant positive […]
