TBB BUREAU NEW DELHI, OCT 27, 2022 Steel Authority of India (SAIL) has made procurement worth Rs 10,000 crore through the Government-e-Marketplace (GeM) since the inception of the portal, the company said on Thursday. In a statement, SAIL said that it has become the first Central Public Sector Enterprise (CPSE) to achieve the major milestone of procurement value of Rs ...

TBB BUREAU NEW DELHI, OCT 20, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said that the world today is looking at India with great confidence. This trust has developed after 8 years of painstakingly building up India’s story. Structural reforms have been the core agenda of the government, ...

TBB BUREAU NEW DELHI, OCT 20, 2022 Under Pradhan Mantri Kisan Sammrudhi Kendras (PMKSK), 600 existing district level retail shops are remodelled and provided more facilities to the farmers in terms of agri inputs and services. These kendras were inaugurated by Prime Minister on the occasion of PM Kisan Sammelan. All these centres have become excellent examples of swachhata Campaign ...

TBB BUREAU NEW DELHI, OCT 20, 2022 Union Minister for Coal, Mines and Parliamentary Affairs Pralhad Joshi on Thursday said that during this financial year India’s total coal production will touch 900 million ton (MT) and all efforts are being taken by Coal India Limited and its subsidiaries to attain this goal.  He said that mineral exploration norms have been ...

TBB BUREAU NEW DELHI, OCT 7, 2022 India has immense potential in Footwear sector and can increase the production and export 10 times in near future, said Union Minister for Commerce and Industry Piyush Goyal, while virtually addressing ‘Meet at Agra-Leather, Footwear Components & Technology Fair’ today. Goyal said that about 7,000 small industries units are connected with Footwear sector ...

TBB BUREAU NEW DELHI, OCT 7, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal today said that India would accord top priority to national interest in FTA negotiations. FTAs to be entered into after thorough consultation with all stakeholders including industry and the government will not diverge from this approach for ...

TBB BUREAU NEW DELHI, OCT 7, 2022 The Union government on Friday invited bids from investors for privatising IDBI Bank by selling a total of 60.72 per cent stake in the bank.         The last date for submission of bids or Expression of Interest (EoI) is December 16.         Currently, Life Insurance Corporation (LIC) holds 529.41 crore shares representing ...

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the establishment of the Credit Guarantee Scheme for Startups (CGSS) for providing credit guarantees to loans extended by Scheduled Commercial Banks, Non-Banking Financial Companies and Securities and Exchange Board of India (SEBI) registered Alternative Investment Funds (AIFs). CGSS is aimed at providing credit ...

TBB BUREAU MUMBAI, OCT 6, 2022 Billionaire Isha Ambani, who recently took charge of the retail business of Reliance Group, on Thursday announced India’s first-of-its-kind space in Mumbai that will be focused on arts, culture and fashion. According to an official statement issued by Reliance Industries Limited, the cultural centre was dedicated to Isha’s mother Nita Ambani, who is an ...

TBB BUREAU NEW DELHI, OCT 6, 2022 Beset with Sri Lanka’s economic crisis, Pakistan’s catastrophic floods, a global slowdown, and impacts of the war in Ukraine, South Asia faces an unprecedented combination of shocks on top of the lingering scars of the COVID-19 pandemic. Growth in the region is dampening, says the World Bank, underscoring the need for countries to ...