The inland fish production in the country, during last nine years, witnessed the annual growth rate of 8.78% and registered the highest inland fish production of 131.13 Lakh tonnes in 2022-23. Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of I ...
The construction of US chipmaker Micron’s semiconductor unit is going on in full swing at Sanand in Gujarat and is expected to be completed in about 12 months. Union Cabinet had approved the proposal of Micron for setting up a semiconductor unit in India with capital investment o ...
The 6th Session of India-Ethiopia Joint Trade Committee (JTC) was conducted in Addis Ababa, Ethiopia from 6-7 November, 2023. Both India and Ethiopia agreed to expeditiously address all issues impeding bilateral trade and facilitate trade promotion between the two countries. The Indian side invit ...
During current financial year till 21st October, 2023, coal production in the country has shown a growth of 12.73% compared to the same period during last year, according to the latest figures. The percentage of production growth of Coal India Ltd (CIL) is 11.80%, 8.45% in SCCL and tha ...
The Final Estimates of production of major crops for the year 2022-23 have been released by the Department of Agriculture and Farmers Welfare. As per Final Estimates for 2022-23, total Foodgrain production in the country is estimated at record 3296.87 Lakh tonnes which is higher by 140.71 L ...
Manufacturing sector currently comprises 17% of the nation’s GDP and over 27.3 million workers. According to Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs, India is ready and keen to increase the share of manufacturing to 25% by 2025. Referri ...
India retains 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization. India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023. ...
Airbus and the Vadodara-based Gati Shakti Vishwavidyalaya (GSV) have entered into collaboration entered into collaboration to significantly strengthen the Indian aviation sector. An MoU (Memorandum of Understanding) was signed. The partnership will enable co-development and co-deli ...
The Investor Education and Protection Fund Authority (IEPFA), in collaboration with Institute of Company Secretaries in India (ICSI) and National Council of Applied Economic Research (NCAER), held a conference on “Understanding the Psychology of Scams: How to Avoid Fraudulent Schemes”, i ...
The Central Board of Direct Taxes (CBDT) has recently released the fourth and fifth annual Advance Pricing Agreement (APA) reports. The reports present key data and statistics pertaining to the APA programme. These include sectoral distribution of applicants, nature of transactions covered, transfer ...
India’s overall exports (Merchandise and Services combined) in June 2023 is estimated to be USD 60.09 Billion, exhibiting a negative growth of (-) 13.16 per cent over June 2022. Overall imports in June 2023 is estimated to be USD 68.98 Billion, exhibiting a negative growth of (-) 13.91 per cen ...
The Union Ministry of Power has released a comprehensive energy sector report titled National Energy Data: Survey and Analysis 2021-22 The report is the maiden report of Energy Data Management Unit, set up under Bureau of Energy Efficiency, Ministry of Power, Government of India. Release ...
With a view to boosting agricultural productivity and horticulture agribusinesses, the Government of India and the Asian Development Bank (ADB) have signed a $130 million loan on 8th June 2023. The signing ceremony for the Himachal Pradesh Subtropical Horticulture, Irrigation, and Value Additio ...
The index of mineral production of mining and quarrying sector in India for the month of March, 2023 at 154.2, is 6.8% higher as compared to the level in the month of March, 2022. According to the provisional data of Indian Bureau of Mines (IBM), the cumulative growth for the period April- ...
On 3rd April 2023, Petroleum Planning & Analysis Cell (PPAC) celebrated its 22nd Foundation Day at Scope Complex Convention Centre, Lodhi Road, New Delhi. What is PPAC? PPAC is a data backbone of Ministry of Petroleum & Natural Gas. PPAC maintains data bank on oi ...
India's Finance Minister Nirmala Sitharaman on Tuesday tabled in parliament the Economic Survey 2022-2023. A flagship document of the government, the Economic Survey reviews how the economy performed in this fiscal year and the road ahead for the next fiscal. The Finance Minister tabled ...
United Kingdom (UK) has partnered with global business firm BioAsia which is all set to organize the 20th edition of the largest event in the biotechnological industry of Asia. The BioAsia 2023 will be held from February 24 to 26 in Hyderabad. UK’s life sciences industry is home to ov ...
Fintech unicorn BharatPe recently announced that it has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator. The RBI’s authorization was granted to the company’s wholly-owned subsidiary, Resilient Innovations Private Ltd. This P ...
India one of the fastest-growing economies with low inflation levels: Nirmala Sitharaman in Lok Sabha Finance Minister Nirmala Sitharaman on Wednesday assured the Lok Sabha that the government will take measures to further ease inflation, which has dipped below the RBI's upper tolerance level ...
Centre tables bill in Lok Sabha for cooperative sector reforms The bill says that “the aggregate value of the paid-up capital and provision of reserves along with liquidity norms” of the bodies might be laid down by the Reserve Bank from time to time New Delhi Amendments to the Mul ...
Economic output will expand 7% in this fiscal and 6% in the next, the ratings company said S&P Global Ratings on Monday cut India’s economic growth forecast for the ongoing fiscal by 30 bps to 7% amid slowing global growth. The rating company, however, said India would be less impacted ...
Trudeau to meet PM Modi, wants close economic ties with India not China Canada sees China as a disruptive global power fraught with geopolitical risks unlike India which is the largest democracy with shared interests in the Indo-Pacific and addressing global challenges. Prime Minister Narendra ...
7th Annual Meeting of Board of Governors of AIIB: Union Minister of Finance & Corporate Affairs Nirmala Sitharaman recently attended the 7th Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) via video conference. About: Every year at the Annual Meet ...
Morning brief: Chidambaram suggests PM meets Raghuram Rajan to discuss rupee, and all the latest news Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. Senior Congress leader and former finance minister P Chidamb ...
Rupee depreciates 6 paise to hit record low of 83.06 against US dollar At the interbank foreign exchange, the domestic unit opened weak at 83.05 against the dollar, then slipped further to quote 83.06, a fall of 6 paise over its previous close. The rupee depreciated 6 paise to a record lo ...
Eager to secure trade deal with India: UK home secretary Suella Braverman With Diwali no longer the target deadline for a draft free trade agreement (FTA), Braverman sought to reiterate that the Liz Truss-led government remains determined to build on the momentum set by Prime Minister Narendra Mo ...
LEADS 2022 Survey Report: Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal recently launched Logistics Ease Across Different States (LEADS) 2022 survey report. Key Points: The LEADS is an indigenous data-driven index to ...
Development projects in HP: Prime Minister Shri Narendra Modi in Himachal Pradesh (HP) introduced various development projects during his visit in the state. Developmental Projects in Chamba, HP: PM Modi laid the foundation stone of two hydropower projects and launched Pradhan Mantri Gram S ...
2nd UNWGIC 2022: Prime Minister Narendra Modi recently inaugurated the 2nd edition of the United Nations World Geospatial Congress (UNWGIC) 2022 in Hyderabad, Telangana. Key Points: It has been organized from October 10 to 14, 2022 by the United Nations Department of Economic and Socia ...
No one told India to not buy oil from Russia: Hardeep Singh Puri; 'What Europe buys in one afternoon...' "Have I been told by anyone to stop buying Russian oil? The answer is a categorical No," Union minister Hardeep Singh Puri said on the issue of India buying Russian oil. &ldq ...
