New Delhi, August 8, 2024 (TBB Bureau): Union Minister of State (Independent Charge) for Science and Technology, Jitendra Singh, declared that the Bio-Economy and Space Economy will be central to India’s future growth during the launch of the ‘Impact Report 2024’ on the National Biopharma Mission. The event, held at the Dr. Ambedkar International Centre, marked a five-year milestone for ...

Mumbai, August 8, 2024 (TBB Bureau): The Reserve Bank of India (RBI) has decided to maintain its benchmark interest rate at 6.50% for the ninth consecutive policy meeting, underscoring its continued focus on curbing persistent food inflation and ensuring economic stability. In its latest announcement, the Monetary Policy Committee (MPC) — comprising three RBI officials and three external members — ...

THE sudden ouster of Sheikh Hasina as Bangladesh’s Prime Minister has sent shockwaves through the subcontinent, with implications that stretch far beyond the borders of this besieged nation. As the dust settles on the violent protests that led to her resignation, a stark reality emerges: the tremors of this political earthquake will be felt acutely in India’s corridors of power ...

New Delhi, August 2, 2024 (TBB Bureau): The volume of cargo transported through India’s inland waterways has soared more than six-fold from 18.07 million metric tonnes (MMT) in 2013-14 to 133.03 MMT in 2023-24, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal informed the Lok Sabha on Friday. Starting from FY 2014-15, the country’s waterways traffic has been rising ...

New Delhi, August 3, 2024 (TBB Bureau): The coal sector has achieved the highest growth rate of 14.8 per cent (provisional) among the eight core industries for June 2024, according to the latest Index of Eight Core Industries (ICI) released by the Union Ministry of Commerce & Industries. The index for the coal industry surged to 186.4 points in June ...

New Delhi, July 23, 2024 (TBB Bureau): Union Finance Minister Nirmala Sitharaman announced on Tuesday that India’s capital expenditure (capex) for the fiscal year 2025 will remain at Rs 11.11 lakh crore, as initially set in the Interim Budget presented in February. This figure represents an increase from the previous year’s revised estimate of Rs 9.5 lakh crore. The Finance ...

New Delhi, July 19, 2024 (TBB Bureau):  The Government e-Marketplace (GeM) Learning Management System (LMS) has been upgraded to include six more official languages, bringing the total to 12. This enhancement, announced by the Commerce and Industry Ministry on Friday, aims to make the platform more accessible and user-friendly. The e-Learning training courses are now offered in Assamese, Bengali, English, ...

New Delhi, July 19, 2024 (TBB Bureau):  The Ministry of Mines is set to host a significant event focusing on mineral exploration and critical mineral resources at Begumpet, Hyderabad, on July 20, 2024. The occasion will be honored by Union Minister for Coal and Mines, G. Kishan Reddy, alongside the Minister of State for Coal and Mines, Satish Chandra Dubey, ...

Delhi, July 17, 2024 (TBB Bureau):  Camposol, Peru’s largest blueberry producer, has announced a strategic partnership with Walmart-backed Ninjacart, India’s leading agri-startup, to introduce high-quality blueberries to Indian consumers. This collaboration leverages Ninjacart’s technology-driven platform to transform the blueberry market in India. The partnership aims to revolutionize the supply chain of blueberries by using Ninjacart’s digital marketplace, tech-enabled solutions, and ...

NEW DELHI, JULY 15, 2024 (TBB BUREAU):  The Union Coal Ministry inked development and production agreements on Monday for three coal mines auctioned in the second attempt of the 7th round, paving the way for an anticipated investment of Rs 4,500 crore. The mines involved are the Machhakata coal mine, the Kudanali Lubri coal mine, and the Sakhigopal-B Kakurhi coal ...