Odisha Chief Minister Mohan Charan Majhi on 6 September graced the ground-breaking ceremony of India’s first silicon carbide manufacturing facility to be set up in Odisha at an investment of Rs 620 crore.
Category: Economy
Union Agriculture Minister Launches AgriSURE Fund
Union Agriculture Minister Shivraj Singh Chouhan on 3 September launched the AgriSURE scheme in New Delhi. Key points
Digital Agriculture Mission
The Union Cabinet Committee approved the Digital Agriculture Mission with an outlay of Rs. 2817 Crore, including the central share of Rs. 1940 Crore. (Updated on 4 September 2024)
India has recorded trade surplus with as many as 151 countries
India has recorded trade surplus with as many as 151 countries, while the country has a trade deficit with 75 nations during the first half of this year (2024), according to think tank GTRI.
Payment Passkey Service
Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Key points
PM Modi lays foundation stone of Vadhvan Port Maharashtra
Prime Minister Narendra Modi laid the foundation stone for Vadhvan Port on 30 August 2024. Key points
Finance Ministry approves ‘Navratna’ status for four CPSEs
The Union Finance Minister on 30 August approved the upgradation of four Central Public Sector Enterprises (CPSEs) to a Navratna status. About Navratna scheme
Maximum Residue Limit (MRL)
Food Safety and Standards Authority of India (FSSAI) has proposed an inter-ministerial committee to look into the matter of pesticide-use in India. Maximum Residue Limit (MRL)
De-oiled rice bran and Rice bran oil
The Solvent Extractors Association of India (SEA) has appealed to the government to reconsider its decision to extend the ban on de-oiled rice bran (DORB) exports until January 31, 2025. SEA argues that the continued restriction is causing severe underutilisation Read More …
Investor Education and Protection Fund Authority (IEPFA)
The Investor Education and Protection Fund Authority (IEPFA) on 23 August conducted the second Niveshak Sunwai meet in Ahmedabad.
Amul ranked as world’s strongest food brand
Indian brand “Amul” has been ranked as the “strongest food brand in the world” as per the latest Food & Drink 2024 report.
Predatory Pricing
Commerce and Industry Minister Piyush Goyal said that giant e-commerce firms’ “predatory pricing” and the sector’s rapid growth are a matter of “concern”, and not pride, as it may lead to employment loss in traditional retail.
RBI governor Shaktikanta Das ranked as top central banker for second straight year
Prime Minister Narendra Modi on August 21 congratulated Reserve Bank of India (RBI) Governor Shaktikanta Das on receiving top rating in a global ranking of central bankers. Key points
RBI issues framework for recognition of self-regulatory organisations in the financial markets
The Reserve Bank of India (RBI) on 19 August issued a framework for recognition of self-regulatory organisations in the financial markets space to help strengthen compliance culture and provide a consultative platform for policy making. Key points
APEDA facilitates first shipment of Fig Juice to Poland
The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the export of India’s first ready-to-drink fig juice, made from GI-tagged Purandar Figs, to Poland.