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…
In a groundbreaking initiative, the Ministry of Skill Development and Entrepreneurship witnesses the signing of Memorandums of Understanding (MoUs) between IIT Kanpur, Indian Institute of Skills (IIS) Kanpur, HAL, and Dassault Aircraft Services India. The collaboration aims to revolutionize skill development and empower India’s youth, focusing on aerospace, aviation, and defense sectors, particularly in the…
In an effort to enhance the export of agricultural goods to the Gulf Cooperation Countries (GCCs), the Agricultural and Processed Food Products Export Development Authority (APEDA), a part of the Ministry of Commerce under the Government of India, has entered into a Memorandum of Understanding (MoU) with the renowned global retail giant, Lulu Hypermarket LLC….
South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India, has achieved a record-breaking 100 million tonnes (MT) of coal dispatch for the fiscal year 2023-24. This remarkable achievement marks the fastest 100 MT coal dispatch in the history of this Chhattisgarh-based company since its inception. Notably, SECL has recorded a remarkable 17.65% growth compared…
In a significant move towards bolstering India’s National Highway Network, the National Highways Authority of India (NHAI) has awarded Toll, Operate, and Transfer (TOT) Bundles 11 and 12, encompassing a total length of 400 km, for an impressive Rs. 6,584 crore. These bundles comprise the Allahabad Bypass on NH19 in Uttar Pradesh and the Lalitpur…
In a remarkable achievement, the Income Tax Department has set a new record by receiving over 7.85 crore Income Tax Returns (ITRs) for all assessment years up to October 31, 2023. This number is a significant increase compared to the 6.85 crore ITRs filed during the same period in the previous fiscal year. For the…
