As per the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Rajya Sabha on July 18, 2018, measures taken by the Government on FDI policy liberalization along with improvement in ease of Read More …
Category: Economy
Fund of Funds for Startups (FFS) to meet funding needs
The Central Government of India has established Fund of Funds for Startups (FFS), to meet their funding needs. Department of Industrial Policy and Promotion (DIPP), Government of India, is the monitoring agency and Small Industries Development Bank of India (SIDBI) Read More …
Cabinet approves MoU between ICAI and BIBF, Bahrain
The Central Government on July 18, 2018 approved Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and Bahrain Institute of Banking and Finance (BIBF), Bahrain to work together to strengthen the accounting, financial and audit Read More …
India becomes sixth-biggest economy in World Bank Ranking
According to the World Bank figures for 2017 India has become the world’s sixth-biggest economy. India jumped to the sixth place edging past France in gross domestic product terms. India’s GDP touched 2.597 trillion dollars in 2017 while France’s GDP was at Read More …
Andhra Pradesh tops state’s ease of doing business
What: States in Ease of Doing Business Who: Andhra Pradesh Tops By whom: DIPP Department of Industrial Policy and Promotion secretary, Ramesh Abhishek has released the State Business Reform Assessment 2018 ( States in Ease of Doing Business ) in New Delhi Read More …
Indian Railways Introduces First Double Stack Dwarf Container Service from Rajkot Division
In order to capture the lost traffic through new delivery model for domestic cargo, Indian Railways has introduced Double Stack Dwarf Container Services. This freight train was flagged off on July 7, 2018 from Western Railway’s Rajkot railway station on Read More …
Piyush Goyal launches the Coal Mine Surveillance & Management System (CMSMS) and ‘Khan Prahari’ App
Union Minister of Coal, Railways, Finance & Corporate Affairs, Shri Piyush Goyal on July 4, 2018 launched the Coal Mine Surveillance & Management System (CMSMS) and Mobile Application ‘Khan Prahari’ developed by CMPDI, Ranchi a Subsidiary of CIL and Bhaskarcharya Read More …
Umbrella scheme-Relief and Rehabilitation of Migrants and Repatriates
The Central Government on July 4, 2018 its approval for continuance of the 8 existing schemes of the Ministry of Home Affairs upto March 2020 for relief and rehabilitation of migrants and repatriates under the Umbrella scheme “Relief and Rehabilitation Read More …
MSP of Common Paddy increased by Rs.200 per quintal
CCEA (Cabinet Committee on Economic Affairs) on July 4, 2018 hiked the minimum support price (MSP) for paddy by a record 200 rupees per quintal. The government’s price advisory body CACP has calculated production cost of paddy at 1,166 rupees per Read More …
Sunil Mehta committee recommended for project ‘Sashakt’
What: Sunil Mehta committee Why: To tackle Non-Performing Assets Whom: Finance Ministry The Sunil Mehta committee, which was formed with a view to tackle Non-Performing Assets (NPAs) and creating credit capacity submitted its report with recommendations to Finance Minister Piyush Goyal Read More …
WAPCOS celebrates 50th foundation day
The 50th Foundation Day celebration of Water and Power Consultancy Services (WAPCOS) is being organized at Pravasi Bhartiya Kendra, New Delhi on July 3, 2018. Union Minister for Water Resources, River Development and Ganga Rejuvenation, Road Transport, Highways and Shipping Shri Nitin Gadkari Read More …
Inter-session meeting of consultative committee on Marine Fisheries-Mariculture in India
The inter-session meeting of the consultative committee of the Ministry of Agriculture and Farmers Welfare on “Marine Fisheries-Mariculture in India” was held in Rameswaram, Tamil Nadu on July 2, 2018. As per the Union Agriculture Minister Radha Mohan Sing, the Ministry Read More …
NRL becomes first oil PSU to introduce online legal compliance ‘Legatrix’
Numaligarh Refinery Ltd (NRL) in Assam became the first oil public sector undertaking (PSU) to adopt an online legal compliance system by introducing ‘Legatrix’. ‘Legatrix’, the cloud-based compliance management system, is a one-stop solution for effectively managing the organisation’s legal Read More …
1st July 2018 to be celebrated as ‘GST day
The Central Government is celebrating the first Anniversary of the Goods and Services Tax (GST) coming into force on July 1, 2018 . GST was launched on the 1st July, 2017 in a ceremony held in the Central Hall of Parliament on Read More …
Here is how P C Mahalanobis dabbled with computing in early 20th century
Special on 125th birth anniversary of PCM By Dinesh C Sharma Twitter handle: @dineshcsharma New Delhi, June 29 : We are all familiar with number crunching, data mining and the use of supercomputers today. How did people handle large Read More …