In a strategic move aimed at empowering micro, small, and medium enterprises (MSMEs) and bolstering e-commerce exports, the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, Government of India, is partnering with various e-commerce entities to leverage the Districts as Export Hubs initiative. The central objective is to invigorate e-commerce…
Union Minister for Education and Skill Development & Entrepreneurship, Dharmendra Pradhan, marked a significant milestone by laying the foundation stones for six crucial projects and inaugurating a Kendriya Vidyalaya at NIT Rourkela. This transformative initiative reflects a commitment to enhancing the teaching, learning, innovation, and skilling ecosystem within the institution. Pradhan’s engagement extended beyond groundbreaking…
Standard & Poor’s (S&P) Global has forecasted a 6.4 percent economic growth for India in the fiscal year 2024-25. While this projection aligns with many agencies, S&P Global cautioned that challenges such as high food inflation and weak exports could potentially cast a shadow on growth in the upcoming years. The insights were presented in…
The esteemed President of India, Droupadi Murmu, graced the Boita Bandana ceremony organized by the Paradip Port Authority at Paradip. Additionally, she virtually inaugurated a Multi-Modal Logistic Park and laid the foundation stones for a new reservoir, water treatment plant for the Port Township, and a cutting-edge Vessel Traffic Management and Information System. During her…
The Union Minister for Ports, Shipping, and Waterways (MoPSW) and Ayush, Sarbananda Sonowal, undertook a visit to the proposed International Container Transhipment Port (ICTP) site at Galathea Bay, Great Nicobar Island. During the visit, the Minister assessed the advancements made in the project, which is strategically aligned with the Maritime India vision 2030 and stands…
In a strategic initiative aimed at empowering micro, small, and medium enterprises (MSMEs) and enhancing e-commerce exports, the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, Government of India, is joining forces with various e-commerce entities to capitalize on the Districts as Export Hubs initiative. The primary goal is to…
The 6th High-Level Meeting of the India-OPEC Energy Dialogue unfolded on November 9, 2023, at the OPEC Secretariat in Vienna, Austria, co-chaired by HE Haitham Al Ghais, Secretary General of OPEC, and Hardeep Singh Puri, Minister of Petroleum and Natural Gas, and Minister of Housing and Urban Affairs. The discussions at the meeting were marked…
Union Minister for Food Processing Industries, Pashupati Kumar Paras, engaged in a bilateral meeting today with the Governor of the state of Mato Grosso, Brazil, Mauro Mendes Ferreira. The meeting, graced by the presence of Additional Secretary Minhaj Alam and senior officials from the Ministry, also included the participation of H.E. Kenneth Nóbrega, the Ambassador…
The REC Foundation, the Corporate Social Responsibility arm of REC Limited, has pledged ₹10.00 crores to the Artificial Limbs Manufacturing Corporation of India (ALIMCO). This partnership aims to distribute aids and assistive devices to more than 5,000 individuals with disabilities across 25 locations in India. The Memorandum of Agreement, signed by REC Foundation and ALIMCO…
In a pivotal move for India’s fresh fruit exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) has successfully orchestrated the first trial shipment of bananas to the Netherlands via sea. The inaugural consignment, flagged off from Baramati, Maharashtra, signals potential growth, with estimates suggesting India could export bananas worth USD 1 billion…
