Advertisements The National Cooperative Consumers’ Federation of India (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED) are reportedly in talks to sell subsidised tomatoes on the government-backed Open Network for Digital Commerce (ONDC) platform in Delhi NCR…. Read More ›
Government
Central Govt Approves Drones PLI Scheme Worth INR 120 Cr
Advertisements The Central government has approved the production-linked incentive (PLI) scheme for drones and drone components for implementation during the current year (2022-23) till 2024-25 with an outlay of Rs 120 crore. Based on the consultations with the stakeholders, the… Read More ›
Centre Comes Up With Plan To Enhance Agro Exports To USD 23.56 Bn In FY23
Advertisements The Ministry of Commerce and Industry’s export promotion body for agricultural products APEDA has set an export target of USD 23.56 billion for the financial year (FY) 2022-23. The ministry in a statement said that the APEDA has made… Read More ›
Value Of EPFO’s INR 1.59 Tn Investment In ETFs Rises To INR 2.26 Tn: Govt
Advertisements Retirement fund body EPFO has invested Rs 1,59,299.46 crore in Exchange Traded Funds (ETFs) till March 2022 and its notional market value of these investments was Rs 2,26,919.18 crore, Parliament was informed on Monday. The EPFO has been investing… Read More ›
India Plans To Arm CCI With Power To Scrutinise Global M&A Deals
Advertisements The Centre on Friday proposed significant amendments in the Competition Act, 2002, aiming to give the Competition Commission of India (CCI) powers to scrutinise all global mergers and acquisition deals exceeding $252 million with “substantial business operations in India”…. Read More ›
Odisha Approves Investments Worth Over INR 2,250 Cr To Create Employment
Advertisements Odisha government approved 11 investment proposals worth Rs 2253.15 crore on Thursday, for expeditious economic growth and the creation of new employment opportunities. The industrialization investment proposals were cleared by the State Level Single Window Clearance Authority headed by… Read More ›
INR 494 Cr FDI Received In Defence Sector Since Revising Policy: Govt
Advertisements India has received around Rs 494 crore of foreign direct investment in the defence sector since revising the policy relating to it in September 2020, the government said in Lok Sabha on Monday. In the last few years, the… Read More ›
Indian Govt Plans Mega INR 80,000 Cr Electric Bus Contract To Curb Emissions
Advertisements State-controlled Convergence Energy Services Ltd. is planning a $10-billion tender for 50,000 electric buses that will drive India’s plans to decarbonize public transport and help meet its goals for net zero emissions. CESL Managing Director Mahua Acharya said such… Read More ›
Tata Power To Invest INR 3000 Cr To Set Up Solar Cell Manufacturing Unit
Advertisements Tata Power on Monday announced that it has inked a pact with the Tamil Nadu government to invest Rs 3,000 crore for setting up a new facility to manufacture solar cells and modules in Tirunelveli district of the state…. Read More ›
NIIF Invests USD 300 Mn In DP World Container Terminal Subsidiary
Advertisements Indian government-promoted National Investment and Infrastructure Fund (NIIF) on Wednesday said it has invested USD 300 million or Rs 2,250 crore for a 22.5 per cent stake in Hindustan Ports, a local arm of UAE’s DP World. This is… Read More ›