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NAFED signs MoU with IOC for setting up bio-fuel projects
New Delhi, Feb 17: National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) on Thursday signed a Memorandum of Understanding (MoU) with Indian Oil Corporation (IOC). The MoU has been signed for setting up bio-fuel…
Minister Nitin Gadkari inaugurates, lays Stone of 51 NH Projects
Vijayawada, Feb 17 (UNI) Union Minister for Road Transport and Highways Nitin Gadkari here on Thursday inaugurated and laid Foundation Stone of 51 National Highway Projects of total length 1380 KMs virtually with an investment of Rs…
Food-grains production to reach record high of 316 MT in FY22: Govt
With a meagre capacity of about 80 MT, Govt. and state procurement agencies face the gigantic task of handling new harvest arrivals, resulting in huge wastage
LIC files papers with SEBI for mega IPO, Govt to sell 5 pc stake
New Delhi, Feb 13 (UNI) Public sector insurance behemoth Life Insurance Corporation (LIC) on Sunday filed the draft red herring prospectus (DRHP) with market regulator SEBI setting the stage for mega initial public offering (IPO). LIC…
Kerala’s poverty 0.71 pc compared to national average of 25.01 pc
Thiruvananthapuram, Feb 11 (UNI) Kerala has the lowest percentage of population living in poverty, 0.71%, compared to the national average of 25.01 percent. According to the NITI Aayog's Multi Dimensional Poverty Index, only 0.71…
Power Fin. Corpn. wins prestigious “ICAI Award for Excellence in Financial Reporting”
New Delhi, Feb.10: Power Finance Corporation Ltd. (PFC) a Maharatna CPSE and country’s leading NBFC in the power sector, has won the prestigious ICAI (Institute of Chartered Accountants of India) Silver award for excellence in financial…
SC issues notice to Future Group
New Delhi, Feb 9 (UNI) The Supreme Court on Wednesday issued notice to the Future Group on an appeal filed by Amazon challenging a January 5 order of the Delhi High Court staying arbitration proceedings before an international tribunal.…
US private sector cuts 301,000 jobs
Washington, Feb 3 (UNI) Private companies in the United States slashed 301,000 jobs in January, indicating a disrupted recovery in the labor market amid Omicron surge, Automatic Data Processing (ADP) reported. "The labor market…
Huawei launches its largest overseas store in Riyadh
Riyadh, Feb 3 (Xinhua) The Chinese tech giant Huawei launched its largest overseas store in the Saudi Arabian capital of Riyadh. Visitors to the Huawei flagship store, which spans over 2000 square meters with a minimalist design, can…
FM extends duty exemption on steel scrap: reduction on critical chemicals
New Delhi, Feb 1 (UNI) In a bid to provide relief to the MSME secondary steel producers, Finance Minister Nirmala Sitharaman has extended the customs duty exemption given to steel scrap in the last budget, by one year. The minister has,…
PM Modi: Budget 2022 will strengthen economy
Bihar CM Nitish Kumar describes the Union Budget as a Balanced One
FM Nirmala Sitharaman to present her 4th Union Budget today
Mumbai, Jan 31: Amid the uncertainties of the Covid-19 pandemic, Indian startups are pinning hopes on the Union Budget, to be tabled on February 1, for a booster dose in the form of tax incentives, reduction in GST and relaxing…
President talks about economic recovery, govt schemes: DMK, Cong MPs protest over NEET
New Delhi, Jan 31 (UNI) India witnessed exceptionally strong exports of both goods and services so far in 2021-22, while imports also recovered strongly with recovery in domestic demand as well as higher international commodity prices,…
Govt appoints Nageswaran as Chief Economic Advisor days ahead of Budget
New Delhi, Jan 28 (UNI) The government on Friday appointed Indian Institute of Management (IIM), Ahmedabad graduate and Economics professor Dr V. Anantha Nageswaran as the Chief Economic Advisor (CEA). A Finance Ministry statement said…
All hurdles to Pathankot- Mandi and Matour -Shimla NH to be removed
Dharamshala, Jan 21 (Ashok Raina-UNI) Under the chairmanship of Deputy Commissioner Kangra Dr Nipun Jindal, on Friday a review meeting was held in the auditorium of the Deputy Commissioner's office regarding expediting the land acquisition…
MSMEs seek special support to genuine exporters by Banks, NBFCs
New Delhi, Jan 19 (UNI) Promotion of value addition in the country by India’s trade regime, neutrality in both direct and indirect tax structure without discrimination between the nature of firms and greater willingness by banks and…
PM to deliver ‘State of the World’ special address at WEF’s Davos
New Delhi, Jan 16 : Prime Minister Narendra Modi will deliver 'State of the World' special address at the World Economic Forum’s Davos Agenda on January 17, via video-conferencing.
The virtual event will be held from January 17 to 21. It…
Bangladesh GDP to grow at 6.4 pc in FY-22
Dhaka, Jan 12 (UNI) The Bangladesh GDP will grow at 6.4 per cent in the FY 2021-22 ending June 2022, due to increasing services activity and firming exports of readymade garment, says the World Bank.
GDP growth rate is forecast to go up to…
Imran Khan: Will be forced to approach IMF again if exports don’t rise
Islamabad, Jan 12 (UNI) Pakistan Prime Minister Imran Khan said on Tuesday that his government will be forced to approach the International Monetary Fund (IMF) again if the country’s exports did not increase sharply, Dawn reported on…
MoS Dr. Bhagwat Karad chairs meet on Aurangabad metro project
Aurangabad (Maharashtra), Jan 11 (UNI) Union Minister of State for Finance Dr. Bhagwat Karad on Tuesday held a meeting to discuss the nitty-gritty of Aurangabad metro project.
The technical work for the route planned from Waluj to…