News

Petroleum products to be exported to south east Asian countries using Brahmaputra river  A Memorandum of Understanding (MoU) has been signed between the Inland Waterways Authority of India (IWAI) and Assam’s Numaligarh Refinery Limited (NRL) to use the national waterways of the Brahmaputra river and the Indo Bangladesh Protocol Route (IBPR) for export of petroleum products to Bangladesh and other south east Asian countries. The MoU signing ceremony was attended by Union minister Sarbananda Sonowal where he said, “It is a watershed moment for inland waterways ...
Petroleum products to be exported to south east Asian countries using Brahmaputra river
Petroleum products to be exported to south east Asian countries using Brahmaputra river
Source: IANS
24/08/2023 6:33:26 PM
Indian embassies, consulates well-placed to help country`s businesses explore new markets for exports: Rajkumar Ranjan Singh Union Minister of State for External Affairs Rajkumar Ranjan Singh has said that Indian embassies and consulates are well-placed to help the country's businesses explore new markets for exports. He said India's growth and prosperity are intrinsically linked to its ability to tap into global markets and focusing on the incredible products and services that it has to offer. He stated that India has representation in almost all the countries of the world. He said ‘Our embassies ...
Indian embassies, consulates well-placed to help country`s businesses explore new markets for exports: Rajkumar Ranjan Singh
Indian embassies, consulates well-placed to help country`s businesses explore new markets for exports: Rajkumar Ranjan Singh
Source: Accord Fintech
24/08/2023 10:53:33 AM
Government sets target of raising port capacity to more than 10,000 MTPA by 2047:Sarbananda Sonowal Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said that the government has set itself a target of raising the country's port capacity to more than 10,000 Million Ton Per Annum (MTPA) from the current 2,600 MTPA by 2047. he also said the government will soon set up a Bureau of Port Security to upgrade security across all ports in the country.  Sonowal said the country's maritime sector is poised for substantial growth with over Rs 10 lakh crore worth o...
Government sets target of raising port capacity to more than 10,000 MTPA by 2047:Sarbananda Sonowal
Government sets target of raising port capacity to more than 10,000 MTPA by 2047:Sarbananda Sonowal
Source: Accord Fintech
21/08/2023 12:20:07 PM
Nadda hoists Tricolour at BJP headquarters BJP national president Jagat Prakash Nadda on Tuesday hoisted the Tricolour at the party headquarters here on the occasion of 77th Independence Day. Union Minister  for Commerce and Industry Piyush Goyal, senior leaders and party workers were present. Earlier, the BJP chief  in a post on social media extended his warm wishes to the people of the country on the occasion. "Best wishes to the countrymen on the auspicious occasion of Independence Day," Nadda wrote on ...
Nadda hoists Tricolour at BJP headquarters
Nadda hoists Tricolour at BJP headquarters
Source: IANS
15/08/2023 12:48:26 PM
India set to become global hub of medical technology and devices: Mansukh Mandaviya Union Minister of Health and Family Welfare and Chemicals and Fertilizers Mansukh Mandaviya has said India is set to become the global hub of medical technology and devices with the market size estimated to reach $50 billion by 2050.  Mandaviya said that the medical device sector is considered as one of the sunrise sectors in the country and the Government under the Prime Minister is taking every possible step to make India a manufacturing hub for medical devices. He added 'From a...
India set to become global hub of medical technology and devices: Mansukh Mandaviya
India set to become global hub of medical technology and devices: Mansukh Mandaviya
Source: Accord Fintech
11/08/2023 10:42:26 AM
India, Canada likely to sign FTA soon India and Canada are likely to sign a Free Trade Agreement (FTA) soon. Although the two countries have held multiple rounds of talks for a Comprehensive Economic Partnership Agreement (CEPA) since 2010, the prospects brightened when Union Minister Piyush Goyal visited Canada in May to review the progress of negotiations.  Speaking at receptions hosted for him by the Canada-India Foundation (CIF) and the Indo-Canada Chamber of Commerce here today, India’s new Consul General Si...
India, Canada likely to sign FTA soon
India, Canada likely to sign FTA soon
Source: IANS
2/08/2023 11:37:47 AM
Dwarka Expressway project will be completed soon: Nitin Gadkari Union Road Transport and Highways Minister Nitin Gadkari on Monday said that construction work of the Dwarka Expressway is in its last phase and will be operational soon. Gadkari made the remarks while addressingthe foundation stone laying and closing ceremony of the three-day cultural festival of India International Cultural Centre to be established by the International Divya Parivar Society and Chanakya Varta Parivar in Sector 9A, Gurugram. As soon as the construction of this Expressw...
Dwarka Expressway project will be completed soon: Nitin Gadkari
Dwarka Expressway project will be completed soon: Nitin Gadkari
Source: IANS
31/07/2023 3:39:59 PM
Total outstanding dues of states towards gencos reduced to Rs 61,025 crore: RK Singh Union Minister for Power, New and Renewable Energy RK Singh has said that the total outstanding dues of states towards power generating companies (gencos) on PRAAPTI Portal, which were at Rs 1,20,540 crore as on June 3, 2022, have been reduced to Rs 61,025 crore as on July 24, 2023 with the timely payment of 12 equated monthly instalments (EMIs).  Singh stated that there has been significant improvement in the realisation of dues of power generating companies post implementation of El...
Total outstanding dues of states towards gencos reduced to Rs 61,025 crore: RK Singh
Total outstanding dues of states towards gencos reduced to Rs 61,025 crore: RK Singh
Source: Accord Fintech
28/07/2023 12:15:56 PM
India on track to becoming key player in global semiconductor supply chain in next decade: Rajeev Chandrasekhar Union minister Rajeev Chandrasekhar has said that India is on track to becoming a key player in the global semiconductor supply chain in the next decade with $ 10 billion (about Rs 81,993 crore) of incentives and assistance provided to encourage local chip manufacturing.  The minister said there is not one person in the semiconductor global ecosystem that does not see India as a very credible, viable and fast charging destination for semiconductor investments and innovation. He said &...
India on track to becoming key player in global semiconductor supply chain in next decade: Rajeev Chandrasekhar
India on track to becoming key player in global semiconductor supply chain in next decade: Rajeev Chandrasekhar
Source: Accord Fintech
28/07/2023 11:45:58 AM
Japan keen to make investments worth 5 trillion yen in India: Union minister Jyotiraditya Scindia Union Minister Jyotiraditya Scindia has said that Japan is keen to make investments of around 5 trillion Japanese yen in India across various sectors including steel. The steel minister made the remarks after a meeting with a Japanese delegation led by NISHIMURA Yasutoshi, Minister of Economy, Trade and Industry of Japan, in the national capital. Scindia  stated ‘We had a very detailed discussion...about the common strategies that we can develop in terms of the path forward, exc...
Japan keen to make investments worth 5 trillion yen in India: Union minister Jyotiraditya Scindia
Japan keen to make investments worth 5 trillion yen in India: Union minister Jyotiraditya Scindia
Source: Accord Fintech
21/07/2023 10:17:50 AM
India is home to world`s third largest startup ecosystem: Dharmendra Pradhan Union Minister for Education & Skill development & Entrepreneurship Dharmendra Pradhan has said that India is home to world’s third largest startup ecosystem. He underlined that Young India’s innovation and creativity coupled with supportive government policies like the Digital India, Startup India are enabling the country’s youth to become job creators.  The Minister shared his thoughts on how skill development, technology, digitisation, institutional lendin...
India is home to world`s third largest startup ecosystem: Dharmendra Pradhan
India is home to world`s third largest startup ecosystem: Dharmendra Pradhan
Source: Accord Fintech
18/07/2023 1:46:13 PM
Startups in India will increase 10x in next 4-5 years: MoS IT  Startups and unicorns in India will witness substantial growth in the coming 4-5 years, and startups will increase by 10 times, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said. In his address at the JIIF (JITO Incubation Innovation Foundation) 6th Foundation Day and Investors/Startup Conclave in Hyderabad, he highlighted India's remarkable progress in building unicorns and startups, and how they have successfully entered areas in emerging technology such ...
Startups in India will increase 10x in next 4-5 years: MoS IT
Startups in India will increase 10x in next 4-5 years: MoS IT
Source: IANS
17/07/2023 9:19:12 AM
Firm trade continues over Dalal Street Firm trade continued over the Dalal Street in early afternoon deals, with both Sensex and Nifty holding gains of over 0.30% each, aided by positive firm cues from other Asian markets along with heavy buying at IT, TECK and Realty counters. Sentiments remained positive, as India’s inflation based on wholesale price index (WPI) deflated for the third straight month in June, on the back of fall in prices of mineral oils, non-food Articles, crude petroleum & natural gas and electricity....
Firm trade continues over Dalal Street
Firm trade continues over Dalal Street
Source: Accord Fintech
14/07/2023 2:19:51 PM
India working with UK on issue of intellectual property rights, modernisation: Piyush Goyal Union Minister of Commerce and Industry Piyush Goyal has said that there is work ongoing with a number of economies, including the UK, on the issue of intellectual property (IP) rights and modernisation in an effort to improve Indian protocols. He said the process to harmonise with international standards is high on the government’s agenda because integrating with world thinking on standards and IP is important for the fast-paced growth of the Indian economy. Goyal said ‘our ef...
India working with UK on issue of intellectual property rights, modernisation: Piyush Goyal
India working with UK on issue of intellectual property rights, modernisation: Piyush Goyal
Source: Accord Fintech
14/07/2023 1:08:38 PM
Internet is borderless, all nations must work together on cyber safety: MoS IT The future of cyber space requires all countries to work together in order to keep it safe and trusted and internet is one area where borders are not recognised, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Thursday. Addressing the G20 conference on ‘Crime and Security in the age of NFTs, AI and Metaverse’ in Gurugram, he said that while technology has demonstrated its power to bring in the good, it has also become a force for user harm, toxicity,...
Internet is borderless, all nations must work together on cyber safety: MoS IT
Internet is borderless, all nations must work together on cyber safety: MoS IT
Source: IANS
14/07/2023 10:33:29 AM
Won`t regulate AI, will create guardrails to curb AI user harm: MoS IT The government will not regulate the use cases of artificial intelligence (AI) and rather adopt the approach of regulating user harm from AI and create robust guardrails, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, told IANS on Monday. Prime Minister Narendra Modi has already sanctioned almost Rs 1,000 crore for IndiaAI -- a comprehensive programme that will be built around three Centres of Excellences, India Datasets programme, DI Bhashini platform and an ecosyst...
Won`t regulate AI, will create guardrails to curb AI user harm: MoS IT
Won`t regulate AI, will create guardrails to curb AI user harm: MoS IT
Source: IANS
10/07/2023 2:24:03 PM
Union Commerce and Industry Minister to review progress on TEPA with EFTA Union Minister of Commerce and Industry Piyush Goyal is visiting the UK from July 10-11, 2023. The visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA. The visit comes at a crucial juncture, as both India and the UK are committed to expan...
Union Commerce and Industry Minister to review progress on TEPA with EFTA
Union Commerce and Industry Minister to review progress on TEPA with EFTA
Source: Accord Fintech
10/07/2023 1:49:52 PM
Government working with startups to create server & IT Hardware manufacturing ecosystem in India: Rajeev Chandrasekhar Union Minister Rajeev Chandrasekhar has said that under the leadership of Prime Minister Narendra Modi, the Government is working closely with Startups, Industry and Academia to create rapidly expanding server & IT Hardware manufacturing ecosystem in India. He said ‘Our ambitions are clear - a $300 billion Electronics industry and a $1 trillion Digital Economy by 2026.’ He also noted that the government will act as an enabler in catalysing India’s IT hardware ecosyste...
Government working with startups to create server & IT Hardware manufacturing ecosystem in India: Rajeev Chandrasekhar
Government working with startups to create server & IT Hardware manufacturing ecosystem in India: Rajeev Chandrasekhar
Source: Accord Fintech
7/07/2023 1:21:04 PM
Government intends to double turnover of auto industry to Rs 15 lakh crore: Nitin Gadkari Union Minister for Road Transport and Highways Nitin Gadkari has said that the government intends to double the turnover of the automobile industry to Rs 15 lakh crore. At present, the turnover of the automobile industry is Rs 7.55 lakh crore, and four and a half crore have got jobs in the sector. This industry gives maximum GST to the government. He also said the industry will generate 10 crore jobs.  Gadkari stated that India has beaten Japan in automobile manufacturing and has come...
Government intends to double turnover of auto industry to Rs 15 lakh crore: Nitin Gadkari
Government intends to double turnover of auto industry to Rs 15 lakh crore: Nitin Gadkari
Source: Accord Fintech
5/07/2023 11:23:16 AM
India's economic scale, market potential enabling startups to flourish: Piyush Goyal Union minister Piyush Goyal said on Tuesday that India's remarkable economic scale and market potential have played a pivotal role in enabling startups to flourish and thrive in the global startup ecosystem.  Addressing the ‘Startup20 Shikhar’ in Gurugram, Goyal, the Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, said that there must be a global effort to nurture inclusive, supportive and sustainable startup ecosyst...
India's economic scale, market potential enabling startups to flourish: Piyush Goyal
India's economic scale, market potential enabling startups to flourish: Piyush Goyal
Source: IANS
4/07/2023 8:22:09 PM
Government launches Bharat 6G Alliance to drive innovation in next-generation wireless technology In order to drive innovation and collaboration in next-generation wireless technology, Union Minister of Communications and Electronics & Information Technology, Ashwini Vaishnaw has unveiled the Bharat 6G Alliance (B6GA), a collaborative platform consisting of public and private companies, academia, research institutions, and Standards development organizations.  B6GA will forge coalitions and synergies with other 6G Global Alliances, fostering international collaboration and kno...
Government launches Bharat 6G Alliance to drive innovation in next-generation wireless technology
Government launches Bharat 6G Alliance to drive innovation in next-generation wireless technology
Source: Accord Fintech
4/07/2023 1:55:52 PM
India rising steadily in global electronics supply chains: Rajeev Chandrasekhar This year, smartphones are the fifth highest exported product from India and has crossed Rs 1 lakh crore in our 'Techade' that will certainly see the country as a major player in global electronics in years to come, says Rajeev Chandrasekhar, Union Minister of State for Electronics and IT. In an interaction with IANS, the minister said that India is rising steadily as a trusted partner in the global electronics supply chains. "From having to import 82 per cent of all smartphon...
India rising steadily in global electronics supply chains: Rajeev Chandrasekhar
India rising steadily in global electronics supply chains: Rajeev Chandrasekhar
Source: IANS
1/07/2023 12:29:14 PM
All platforms have to comply with Indian law: MoS IT on Twitter ruling Union Minister of State for Electronics and IT Rajeev Chandrasekhar on Friday reiterated that all social media platforms have to comply with the law of the land, after the Karnataka High Court dismissed a petition filed by Twitter challenging blocking orders issued by the government. The court ruled that Twitter's petition was devoid of merit, and also imposed a cost of Rs 50 lakh on the microblogging platform. “All platforms have to be in compliance with the Indian law and Tw...
All platforms have to comply with Indian law: MoS IT on Twitter ruling
All platforms have to comply with Indian law: MoS IT on Twitter ruling
Source: IANS
30/06/2023 1:00:18 PM
India actively considering CEPAs, FTAs to boost textile exports: Piyush Goyal Union Minister Piyush Goyal has said India is actively considering the possibility of Comprehensive Economic Partnership Agreements (CEPAs) and Free Trade Agreements (FTAs) with various countries. These agreements aim to enhance the market size and facilitate exporters in the thriving Indian textile sector. Further, the Minister highlighted that the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park is being established across 7 states to promote India's textile sec...
India actively considering CEPAs, FTAs to boost textile exports: Piyush Goyal
India actively considering CEPAs, FTAs to boost textile exports: Piyush Goyal
Source: Accord Fintech
27/06/2023 10:36:10 AM
Semiconductor announcements during Narendra Modi`s US visit to create up to 1 lakh direct jobs: MoS IT The three key announcements in the semiconductor sector during Prime Minister Narendra Modi's US visit will create a minimum 80,000 to 1 lakh direct jobs in India, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Friday. Addressing a press conference here, the Minister said the investments in the semiconductor sector will also help create several thousands indirect jobs in the overall supply chain. "The electronics industry created 10-12 lakh jobs i...
Semiconductor announcements during Narendra Modi`s US visit to create up to 1 lakh direct jobs: MoS IT
Semiconductor announcements during Narendra Modi`s US visit to create up to 1 lakh direct jobs: MoS IT
Source: IANS
23/06/2023 3:41:59 PM
Mechanism needs to be put in place to follow up progress of Startups: Jitendra Singh Union Minister Jitendra Singh has expressed need for a mechanism to be put in place to follow up the progress of Startups as their number have risen to more than a lakh. He said that this is the age of innovation and ideas. Singh added that under Prime Minister Narendra Modi, the government is providing every kind of technical as well as financial support for ideas and innovations to grow and sustain.  As a result, India has emerged as the leading StartUp ecosystem in the world with m...
Mechanism needs to be put in place to follow up progress of Startups: Jitendra Singh
Mechanism needs to be put in place to follow up progress of Startups: Jitendra Singh
Source: Accord Fintech
23/06/2023 2:19:56 PM
Micron to set up $2.75 bn semiconductor facility in India Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in Washington DC during his state visit to the US. Micron's investment will be up to $825 million over the two phases of the project and will create up to 5,000 new direct Micron jobs and 15,000 community jobs over the next several years. Under the gove...
Micron to set up $2.75 bn semiconductor facility in India
Micron to set up $2.75 bn semiconductor facility in India
Source: IANS
23/06/2023 12:30:17 PM
Piyush Goyal urges textiles industry to collaborate and partner for R&D, innovation Union Minister Piyush Goyal has urged textiles industry to collaborate and partner for research and development (R&D) and innovation to jointly achieve greater strides in the textiles sector. He commended the industry for their enthusiasm to set up and expand businesses in the upcoming Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Parks. The minister further encouraged the industry to take benefit from the existing attractive schemes of the Ministry of Textiles, ...
Piyush Goyal urges textiles industry to collaborate and partner for R&D, innovation
Piyush Goyal urges textiles industry to collaborate and partner for R&D, innovation
Source: Accord Fintech
22/06/2023 11:40:31 AM
Reforms in coal, mining sector led to increased revenues : Pralhad Joshi Union minister Pralhad Joshi has said state revenues have improved and production of coal and other minerals increased significantly on the back of reforms taken by the government in the coal and mining sectors. He stated in the last 9 years of the Modi government, there have been various reforms in the whole coal and mining sector. Country is moving towards Atmanirbharta. 2014 onwards, the first-come-first-serve system was totally removed and a transparent auction regime was set in place and...
Reforms in coal, mining sector led to increased revenues : Pralhad Joshi
Reforms in coal, mining sector led to increased revenues : Pralhad Joshi
Source: Accord Fintech
8/06/2023 10:26:40 AM
Vande Bharat will boost tourism in Assam, NE: Himanta Assam Chief Minister Himanta Biswa Sarma on Monday said that the Vande Bharat Express which was launched by Prime Minister Narendra Modi earlier in the day, will prove beneficial for the development of tourism in the state and the northeastern region. The 18th Vande Bharat Express which became operational on Monday, will connect Guwahati and New Jalpaiguri station in West Bengal. This route witnesses heavy passenger traffic as a lot of people travel regularly on the route. Addressing re...
Vande Bharat will boost tourism in Assam, NE: Himanta
Vande Bharat will boost tourism in Assam, NE: Himanta
Source: IANS
29/05/2023 5:15:19 PM
PMK wants Aavin to raise procurement price of milk to wade off Amul threat PMK's Tamil Nadu President and former Union Minister Dr. Anbumani Ramadoss on Thursday called on the state government to increase the milk procurement price of Aavin so as to wade of threat from Amul. In a statement, he said that Aavin has a 16 per cent share of the milk market in Tamil Nadu and is facing a threat from Amul. The PMK leader urged Aavin to increase the number of procurement centres and simplify its procurement process. Gujarat-headquartered milk major Amul is plann...
PMK wants Aavin to raise procurement price of milk to wade off Amul threat
PMK wants Aavin to raise procurement price of milk to wade off Amul threat
Source: IANS
26/05/2023 11:15:08 AM
India approves 3-mth trial of BGMI, Krafton's blocked battle-royale game - Minister India has approved a three-month trial of Battlegrounds Mobile India (BGMI), a popular battle-royale format game that was banned for nearly a year, a minister from the government said on Friday. The Indian government had blocked BGMI, the flagship game made by South Korea's Krafton Inc, in July, citing concerns about its data-sharing and mining in China. Krafton is backed by China's Tencent. This is a three-month trial approval of BGMI after it has complied with issues of ser...
India approves 3-mth trial of BGMI, Krafton's blocked battle-royale game - Minister
India approves 3-mth trial of BGMI, Krafton's blocked battle-royale game - Minister
Source: Reuters
19/05/2023 2:13:22 PM
Dwarka Expressway: Nitin Gadkari inspects country's first elevated highway Union Minister for Road Transport and Highways Nitin Gadkari on Thursday inspected country's first elevated highway from an interchange of the Dwarka Expressway near Khedki Daula Toll in Gurugram to Dwarka in New Delhi. Gadkari was accompanied by Union Minister of State for Statistics and Programme Implementation and Planning (Independent Charge) and Gurugram MP Rao Inderjit Singh; Union Minister of State for Road Transport and Highways and Civil Aviation VK Singh; and Delhi Lieutenant...
Dwarka Expressway: Nitin Gadkari inspects country's first elevated highway
Dwarka Expressway: Nitin Gadkari inspects country's first elevated highway
Source: IANS
19/05/2023 9:19:42 AM
PM Narendra Modi flags off Vande Bharat Express from Puri to Howrah Prime Minister Narendra Modi on Thursday flagged off the Vande Bharat Express Train on the Puri-Howrah route via video conferencing. Modi also inaugurated and laid the foundation stones for several railway projects worth more than Rs 8,000 crore in Odisha. Odisha Chief Minister Naveen Patnaik also virtually joined the programme, while Governor Ganeshi Lal, Union Railway Minister Ashwini Vaishnaw and Union Education Minister Dharmendra Pradhan also attended the grand event organised at t...
PM Narendra Modi flags off Vande Bharat Express from Puri to Howrah
PM Narendra Modi flags off Vande Bharat Express from Puri to Howrah
Source: IANS
18/05/2023 3:38:43 PM
Medtronic to expand base, Warner Bros. to set up shop in Hyderabad Medtronic plc, the global leader in healthcare technology, has announced an investment of more than $350 million to expand the Medtronic Engineering & Innovation Center (MEIC) in Hyderabad. With this fresh investment, Medtronic's cumulative investment in Hyderabad becomes about half a billion USD, said state's industry minister K. T. Rama Rao on Thursday. The fresh investment was announced when the minister met the company's leadership team in New York. Minister KTR t...
Medtronic to expand base, Warner Bros. to set up shop in Hyderabad
Medtronic to expand base, Warner Bros. to set up shop in Hyderabad
Source: IANS
18/05/2023 1:09:24 PM
Power Minister directs industry to set targets under Green Open Access Rules 2022 Union New and Renewable Energy Minister R K Singh has directed the industry to set targets under Green Open Access Rules 2022 and take advantage of the provisions of Green Energy Open Access Rules to get green power at reasonable rates. Singh said the Green Energy Open Access Rules 2022 are a major step towards India cutting emissions by 45 per cent in line with NDC (nationally determined contribution) target for 2030. He also asked the industry stakeholders to inform the government of suc...
Power Minister directs industry to set targets under Green Open Access Rules 2022
Power Minister directs industry to set targets under Green Open Access Rules 2022
Source: Accord Fintech
15/05/2023 12:06:29 PM
MSME minister urges global, domestic industries to continue to invest in India Union MSME minister Narayan Rane has urged the global and domestic industries to continue to invest in India, which is on its path to become the third largest economy. He made the remarks at 'GIC 23 Intergovernmental Connect' organised by Inventivepreneur Chamber of Commerce and Industry (ICCI) in association with the Ministry of Micro, Small & Medium Enterprises (MSME). The minister said ‘from 10th largest in 2014, India today is 5th largest economy. Only Japan and Germa...
MSME minister urges global, domestic industries to continue to invest in India
MSME minister urges global, domestic industries to continue to invest in India
Source: Accord Fintech
11/05/2023 10:57:35 AM
Vaishnaw meets Pichai at Google HQ, discusses India Stack IT and Railways Minister Ashwini Vaishnaw on Tuesday posted an image on social media with Alphabet and Google CEO Sundar Pichai at the tech giant's headquarters in the US, saying they had a good discussion on India Stack and the 'Make in India' programme. Pichai last met Vaishnaw during his India visit in December, saying it was important for the government to create regulatory frameworks that help companies innovate on top of those local laws of the land. "Met @sundarp...
Vaishnaw meets Pichai at Google HQ, discusses India Stack
Vaishnaw meets Pichai at Google HQ, discusses India Stack
Source: IANS
10/05/2023 10:46:28 AM
Early warning signal mechanism needs to be strengthened to insulate economy from global shocks: FM in FSDC meeting The Financial Stability and Development Council (FSDC) on Monday decided that a mechanism needs to be evolved to strengthen early warning signals, so that all kinds of financial stress can identified well in advance. During the 27th meeting of the FSDC, presided over by Finance Minister Nirmala Sitharaman, it was noted that though the Indian economy is well insulated from global shocks and spillover effects of the prevailing geopolitical situation, there is a need to be cautious and theref...
Early warning signal mechanism needs to be strengthened to insulate economy from global shocks: FM in FSDC meeting
Early warning signal mechanism needs to be strengthened to insulate economy from global shocks: FM in FSDC meeting
Source: IANS
9/05/2023 9:41:40 AM
Agriculture remains prime pulse of Indian economy: Narendra Singh Tomar Emphasizing that agriculture remains prime pulse of the Indian economy, Union Agriculture Minister Narendra Singh Tomar has said that the agriculture is at the core of the socio-economic development of the country. It accounts for around 19 per cent of the GDP and about two-thirds of the population is dependent on the sector. Union Agriculture Minister also noted that India’s agriculture sector has been witnessing robust growth with an average annual growth rate of 4.6 per cent over ...
Agriculture remains prime pulse of Indian economy: Narendra Singh Tomar
Agriculture remains prime pulse of Indian economy: Narendra Singh Tomar
Source: Accord Fintech
4/05/2023 2:45:34 PM
`Border Haats` in Tripura along India-Bangladesh border to reopen after 3 yrs After three years of closure, one of the two 'Border Haats' (markets) in Tripura along India-Bangladesh border will resume trading from May 9, officials said on Wednesday. A top official of the Tripura Industries and Commerce Department said that after a recent meeting between the district officials of Feni (Bangladesh) and South Tripura, it was decided to resume the business of the Purba Madhugram (Bangladesh)-Srinagar (South Tripura) 'Border Haats' from May 9. "...
`Border Haats` in Tripura along India-Bangladesh border to reopen after 3 yrs
`Border Haats` in Tripura along India-Bangladesh border to reopen after 3 yrs
Source: IANS
4/05/2023 9:04:32 AM
Flipkart expands footprint in Telangana with new fulfillment centre India's leading e-commerce player Flipkart has expanded its footprint in Telangana and strengthened its supply chain infrastructure with the launch of a new fulfillment center in Sangareddy. The facility will support the delivery and logistics of a wide range of product categories, including furniture and large appliances, offered by thousands of local sellers and MSMEs in Telangana, providing them access to a national market. Spread over 4 lakh square feet, the fulfillment centre w...
Flipkart expands footprint in Telangana with new fulfillment centre
Flipkart expands footprint in Telangana with new fulfillment centre
Source: IANS
2/05/2023 3:50:01 PM
Government to meet stakeholders again to make Digital India Act more inclusive The government will meet policy experts and other stakeholders for the second round of consultations on May 3 to draft the much-anticipated Digital India Act (DIA) which is expected in the next 2-3 months. In March, the Ministry of Electronics and Information Technology (Meity) held the first round of pre-drafting consultations with stakeholders on the Digital India Act that aims to catalyse India's ambition of being in the leading pack of nations that would shape the future technologi...
Government to meet stakeholders again to make Digital India Act more inclusive
Government to meet stakeholders again to make Digital India Act more inclusive
Source: IANS
1/05/2023 10:55:03 AM
India is fast moving to become economic powerhouse: Jitendra Singh Union Minister Jitendra Singh has said that under Prime Minister Narendra Modi, India is fast moving to become an economic powerhouse, driven by its extraordinary technological and innovative capabilities which the whole world has begun to acknowledge, particularly after the COVID vaccine success story. During the India-UK Science & Innovation Council meeting, the minister also said that India is on the fast track move and the nation is determined to achieve its Climate Change and Envi...
India is fast moving to become economic powerhouse: Jitendra Singh
India is fast moving to become economic powerhouse: Jitendra Singh
Source: Accord Fintech
28/04/2023 2:17:04 PM
Low-cost infra development at district-level vital to promote sports culture: Odisha Minister Development of low-cost infrastructure at the district-level is imperative to promote sports culture, Odisha Sports & Youth Services Minister Tusharkanti Behera has said. Behera was speaking at the two-day conference - 'Chintan Shivir' - of Sports Ministers of states and UTs organised by the Union Ministry of Youth Affairs and Sports in Imphal, Manipur. "While world class infrastructure is important to bring international events to India, it is also vitally essential to...
Low-cost infra development at district-level vital to promote sports culture: Odisha Minister
Low-cost infra development at district-level vital to promote sports culture: Odisha Minister
Source: IANS
26/04/2023 9:07:44 AM
Bankers should focus on banking the unbanked, funding the unfunded: Bhagwat Karad Expressing need to increase banking penetration in rural areas, Union Minister of State for Finance Bhagwat Karad has said that the bankers should focus on Banking the unbanked, Securing the unsecured and funding the unfunded. The Minister further said that PM Svanidhi scheme gives small loans to needy people without the condition of a collateral or a CIBIL score. The minister also directed banks to reduce the waiting period for loan disbursement. Minister added that even a developed state...
Bankers should focus on banking the unbanked, funding the unfunded: Bhagwat Karad
Bankers should focus on banking the unbanked, funding the unfunded: Bhagwat Karad
Source: Accord Fintech
25/04/2023 12:49:50 PM
Logistics to be full of opportunities for youth in coming years with huge scope for investment : Rajeev Chandrasekhar Union Minister of State for Skill Development Rajeev Chandrasekhar has said logistics will be an area full of opportunities for young students in the coming years with a huge scope for investment, entrepreneurship and employment. He noted that the world is looking at resilient logistics and trusted supply chains, moving away from risk and towards trusted resilient economies. He mentioned ‘Logistics will be an area full of opportunities for young students in the coming years, as much ...
Logistics to be full of opportunities for youth in coming years with huge scope for investment : Rajeev Chandrasekhar
Logistics to be full of opportunities for youth in coming years with huge scope for investment : Rajeev Chandrasekhar
Source: Accord Fintech
25/04/2023 10:53:20 AM
MoS Finance bats for including `new voters` in banking sector Union Minister of State for Finance Bhagwat Karad on Monday urged the need to incorporate 'new voters' into the banking sector by opening their bank accounts. Addressing a review meeting of Financial Inclusion Parameters of Western Maharashtra here, the MoS said special camps should be arranged for the purpose to include the 18-plus 'new voters' in the banking system. He also stressed on the need for banks to work towards the unbanked, securing the unsecured and funding ...
MoS Finance bats for including `new voters` in banking sector
MoS Finance bats for including `new voters` in banking sector
Source: IANS
25/04/2023 9:24:11 AM