The 44th ISO COPOLCO Plenary, a four-day event held from May 23-26, 2023, concluded in New Delhi, hosted by the Bureau of Indian Standards (BIS). The plenary saw enthusiastic engagement and successful multilateral participation from various stakeholders. Nidhi Khare, IAS, Additional Secretary of the Ministry of Consumer Affairs, Food & Public Distribution, delivered the keynote…
In a notable achievement, Aadhaar holders conducted a staggering 1.96 billion authentication transactions in April 2023. This figure represents a significant 19.3% surge compared to the same month in the previous fiscal year, highlighting the remarkable growth of India’s digital economy and the widespread adoption of Aadhaar. Fingerprint-based authentication accounted for the majority of these…
The domestic airline industry in India has witnessed an exceptional surge in passenger numbers, reaching a new milestone of 503.92 lakhs. This achievement reflects a remarkable annual growth rate of 42.85% compared to the same period last year, when the passenger count stood at 352.75 lakhs. The substantial increase in passenger carriage highlights the resilience…
POWERGRID, a ‘Maharatna’ Company under the Ministry of Power, Government of India, has reported a significant increase in its profit after tax (PAT) and total income for the fiscal year 2023. The company’s PAT reached ₹15,417 crore, marking an 11% year-on-year growth, while its total income rose by 9% to ₹46,606 crore (excluding exceptional items)…
Announcing that the country’s first elevated 8-lane access control Dwarka Expressway, consisting of a 34-meter wide road constructed on a single pillar, having 18.9 km length accross Haryana and 10.1 km in Delhi, is set to be completed by April 2024, the Union Minister for Road Transport and Highways, Nitin Gadkari informed the total 29.6…
The Government of India has announced a new package worth ₹20,050 crore ($2.7 billion) to boost the fisheries sector. The package includes various initiatives and schemes aimed at enhancing infrastructure, increasing fish production, and supporting fishermen and fish farmers across the country. The funds will be used for activities such as the development of fishing…
Power Grid Corporation of India Limited (POWERGRID), a company under Ministry of Power, Government of India– has reported a profit after tax (PAT) of ₹15,417 crore and a total income of ₹46,606 crore for the fiscal year 2022-23. This represents an 11% and 9% year-on-year growth, respectively, excluding exceptional items. In the fourth quarter of…
The 4th Positive Indigenisation List (PIL) has been approved by the Ministry of Defence. It comprises 928 strategically-important Line Replacement Units (LRUs) and Sub-systems, Spares and Components. This move is aimed at promoting self-reliance (Atmanirbharta) in the Defence sector and to considerably reducing imports by Defence Public Sector Undertakings (DPSUs). The indigenisation list, valued at…
Rajeev Chandrasekhar, MoS, Electronics and Information Technology inaugurated Semicon India Future Design Roadshow at IIT Delhi. Speaking on the occasion, Chandrasekhar highlighted the government’s commitment to develop a vibrant semiconductor industry in the country. Prime Minister Narendra Modi earlier announced Rs 76000 crore investment outlay for this sector. A series of measures have been implemented…
Wheat procurement during the current Rabi Marketing Season (RMS) 2023-24 has reached a total of approximately 252 Lakh Metric Ton (MT) as of May 9th, 2023. This amount is significantly higher than the corresponding date during the previous RMS in 2022-23, with an increase of 75 Lakh MT. Notably, the current wheat procurement figure has…
