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Business
Govt allows export of onion to Bangladesh, UAE with riders
4 March 2024 2:46 PM IST
New Delhi, March 4: The government has allowed the export of 64,400 tonnes of onion to the UAE and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications issued by the Directorate General of Foreign Trade (DGFT). The export of 50,000 tonnes of onion is being...
Business
Govt to launch Bharat Semiconductor Research Centre soon: Rajeev Chandrasekhar
4 March 2024 2:44 PM IST
Chennai, March 4: The government is soon expected to launch the coveted Bharat Semiconductor Research Centre, which will be a global standard academia-government-private sector-start-up partnered institution, said Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Monday. He...
Business
Indus Appstore launch: Startup leaders vouch for fairer, sustainable future for...
4 March 2024 2:42 PM IST
Bengaluru, March 4: At the launch of PhonePe's Indus Appstore, a compelling panel discussion delved into the critical issue of sustainable business models for app stores, the company said on Monday. The panel deliberated on the sustainable business models for app stores, focusing on the unique...
Business
India okays rice exports to Africa in outreach to Global South
4 March 2024 2:41 PM IST
New Delhi, March 4: The government has, as part of India's outreach to the Global South, allowed the exports of 1,10,000 tonnes of rice to three African countries to help them meet their food security needs. According to a notification issued by the Directorate General of Foreign Trade (DGFT),...
Business
Karnataka tops India's Energy Efficiency Index, UP & Maharashtra show big...
2 March 2024 2:22 PM IST
New Delhi, March 2: Karnataka has been listed as the country’s top-performing state in the latest State Energy Efficiency Index 2023 while Uttar Pradesh and Maharashtra have demonstrated a marked improvement in their performance. The State Energy Efficiency Index (SEEI), initiated by Bureau of...
Business
In a first, India exports pomegranates by sea to USA
2 March 2024 12:04 PM IST
New Delhi, March 1: India has successfully flagged off its first commercial trial shipment of pomegranates to the US via sea under the aegis of Agricultural Processed Food Products Export Development Authority (APEDA) from Vashi in Navi Mumbai, the Commerce Ministry said on Friday. The...
Business
Nirmala Sitharaman launches Rs 1,000 cr worth infra projects
2 March 2024 11:43 AM IST
New Delhi, March 1: Union Finance Minister Nirmala Sitharaman on Friday virtually launched seven infrastructure projects worth over Rs 1,000 crore that include residential and office complexes for government officials. The Finance Minister said that projects like these renew confidence and boosts...
Business
India will be fabricating 300 crore semiconductor chips in a year: IT Minister
2 March 2024 11:41 AM IST
New Delhi, March 2: The country will not only meet its demand for semiconductors by 2029 but also start exporting them, while fabricating “300 crore semiconductor chips in a year”, Union Electronics and IT Minister Ashwini Vaishnaw has said. The minister said that India is now in a position where...
Business
RBI streamlines Bharat Bill Payment System, customers get more protection
1 March 2024 3:02 PM IST
Mumbai, March 1: The RBI has put in a revised regulatory framework - Bharat Bill Payment Systems Directions, 2024, which will be applicable to NPCI Bharat Bill Pay Limited (NBBL - a wholly owned subsidiary of National Payments Corporation of India); and all Bharat Bill Payment Operating Units...
Business
Centre fast-tracks bypass projects to decongest Indore, Guwahati
1 March 2024 3:01 PM IST
New Delhi, March 1: The Centre’s Network Planning Group (NPG) has fast-tracked three highway projects including a 141 km new bypass for Indore and a 64 km bypass to decongest Guwahati. The 66th meeting of the Network Planning Group (NPG) under PM Gati Shakti held on Feb 27 also took up for...
Business
Centre fine-tunes plan for new Mumbai-Indore broad gauge rail line project
1 March 2024 2:59 PM IST
New Delhi, March 1: The 66th meeting of the Centre’s Network Planning Group (NPG) has expedited the process for the new 309 km Broad Gauge (BG) railway line project to open a direct route from Mumbai to Indore, fostering improved connectivity and socio-economic growth in the backward areas of...
Business
Delhi's per capita income increases: Economic Survey report
1 March 2024 2:58 PM IST
New Delhi, March 1: Delhi’s Gross State Domestic Product (GSDP) at current prices during the fiscal year 2023-24 is projected to soar to Rs 11,07,746 crore, marking a notable growth of 9.17 per cent over the previous fiscal year's GSDP of Rs 10,14,000 crore, according to the Delhi government's...
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