TBB BUREAU NEW DELHI, APR 4, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said that logistics has become the centerpiece of India’s policy making in its journey towards becoming a developed nation and a leader in international trade. He also said that express delivery of services has transformed through innovative ...

TBB BUREAU NEW DELHI, APR 1, 2023 The gross GST revenue collected in the month of March 2023 grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate of revenue mop-up for full 2022-23 fiscal to 22 per cent. Gross GST revenue collected in March 2023 is Rs 1,60,122 crore, of which ...

TBB BUREAU NEW DELHI, MAR 28, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Tuesday announced that India’s overall exports, that includes services and merchandise exports, have crossed US$ 750 billion today. This is an all time high and this achievement of 750 billion comes in the 75th year of ...

TBB BUREAU NEW DELHI, MAR 28, 2023 In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended till  June 30, 2023. Under the provisions of the Income-tax Act, 1961(the ‘Act’) every person who has been allotted a PAN as on 1st July, 2017 and is eligible to obtain Aadhaar Number, ...

TBB BUREAU NEW DELHI, MAR 28, 2023 The Union Minister of Heavy Industries, Dr. Mahendra Nath Pandey, on Tuesday announced the sanction of Rs. 800 crore under FAME India Scheme Phase II to the PSU Oil Marketing Companies (OMC) – Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) – for setting up 7432 public fast charging stations across ...

TBB BUREAUNEW DELHI, MAR 22, 2023 Noted Industrialist Kumar Mangalam Birla received the prestigious Padma Bhushan Award from President of India Droupadi Murmu, at Rashtrapati Bhavan this evening. Birla has been conferred the Padma Bhushan for his contribution to Trade & Industry.On receiving the Award, Birla said “The spirit of nation-building and trusteeship has guided my family across generations. And ...

TBB BUREAU NEW DELHI, MAR 16, 2023 Emphasising that Indian banking system is resilient and strong, Union Minister of State for Electronics & IT and Skill Development & Entrepreneurship, Rajeev Chandrasekhar on Thursday said startups should therefore, opt for Indian banks as their preferred banking partners.  “Today what is attractive about the banking system is not their appetite to take ...

TBB BUREAU NEW DELHI, MAR 16, 2023 Prime Minister Narendra Modi has congratulated Reserve Bank of India (RBI) Governor Shaktikanta Das on his being conferred with the ‘Governor of the year’ award in the Central Banking Awards 2023. Sharing news of CNBC TV18, the Prime Minister tweeted;  “It is a matter of immense pride for our country that the @RBI ...

TBB BUREAU NEW DELHI, MAR 16, 2023 “With the launch of the Digital India Programme in 2015, a single dimensional, digital economy that we inherited in 2014 has become a broad-based, high growth digital economy having multiple asynchronous components that are all growing rapidly and creating innovation in their wake,” said Union Minister of State for Skill Development & Entrepreneurship ...

TBB BUREAU NEW DELHI, MAR 16, 2023 The Union Steel Ministry will sign MoUs with selected companies under PLI scheme for specialty steel on Friday. As many as 57 MoUs from 27 companies covering 20 sub-categories will be signed during the event to be held at Vigyan Bhawan, here. Union Steel and Civil Aviation Minister Jyotiraditya Scindia, senior officials from ...

TBB BUREAU NEW DELHI, MAR 31, 2023 Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal today launched the App Version of National Logistics Portal (Marine)  ‘Sagar-Setu’ in the presence of Shripad Y. Naik, MoS, Ministry of Ports, Shipping and Waterways (MoPSW) Sudhansh Pant, Secretary  and other senior officials. The app has been envisaged with deliverables covering features like Login ...

TBB BUREAU NEW DELHI, FEB 15, 2023 The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24 vide Notifications No. 04 & 05 of 2023 dated 10.02.2023 and 14.02.2023. These ITR forms will come into effect from 1st April, 2023 and have been notified well in advance in order to enable ...

TBB BUREAU NEW DELHI, FEB 13, 2023 The Ministry of Civil Aviation has launched Regional Connectivity Scheme – UDAN (UdeDeshkaAamNagrik) on 21.10.2016 to stimulate regional air connectivity and make air travel affordable to the masses. UDAN is a market driven scheme. Interested airlines based on their assessment of demand on particular routes, submit their proposals at the time of bidding ...

TBB BUREAU NEW DELHI, JAN 27, 2023 Vice President of India Jagdeep Dhankhar today called upon the youth to practice and follow Fundamental Duties in the Constitution, while exercising their Fundamental Rights. Flagging the challenge of climate change, he said this critical issue can be addressed effectively by taking our fundamental duties towards the environment seriously. Interacting with the volunteers ...

TBB BUREAU NEW DELHI, JAN 27, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Friday urged students to make sustainability an important element of their lives stressing that sustainability is going to determine the future of the planet.  He said this while speakig at the inaugural ceremony of DAKSH 2023 ...

TBB BUREAU NEW DELHI, JAN 26, 2023 Union Health & Family Welfare Minister Dr. Mansukh Mandaviya on Thursday unveiled the world’s first intranasal COVID-19 vaccine iNNCOVACC in the presence of Union Minister of State (IC) for Science and Technology, Dr Jitendra Singh. Developed by Bharat Biotech International Limited (BBIL) in collaboration with Biotechnology Industry Research Assistance (BIRAC), iNNCOVACC is the ...

TBB BUREAU NEW DELHI, JAN 26, 2023 Finance Minister Nirmala Sitharaman and Ministers of State for Finance Pankaj Chaudhary and Dr. Bhagwat Kisanrao Karad along with senior officials of the Finance Ministry as well as members of budget press on Thursday participated in the ‘Halwa’ ceremony, which marks the final stage of budget preparations. The ceremony was held in the ...

TBB BUREAU NEW DELHI, JAN 25, 2023 The Food Corporation of India (FCI) will offload 30 LMT wheat from the Central pool stock to the market through various routes under the Open Market Sale Scheme (Domestic). Offloading of 30 LMT wheat in the market through OMSS (D) scheme within a span of two months through multiple channels will have wider ...

TBB BUREAU NEW DELHI, JAN 14, 2023 The transformation of Food Corporation of India (FCI) should be done on a fast track mode so that the organization can continue to help the people, the poor and the farmers of the country, said Union Consumer Affairs, Food & Public Distribution, Textiles and Commerce & Industry Minister Piyush Goyal, while delivering the ...

TBB BUREAU NEW DELHI, JAN 14, 2023 The Ministry of Coal had launched the 6th round and 2nd attempt of 5th round of commercial coal mines’ auction on November 03, 2022 for 141 coal mines.  Considering the demand from the industry and to promote Ease of Doing Business (EoDB), the Ministry has decided that going forward the first revision in ...

TBB BUREAU NEW DELHI, JAN 1, 2023 Driven by increase in retail prices of consumption items, high inflation, and action taken to ensure compliance, the gross goods and services tax (GST) collection for December 2022 stood at Rs 1,49,507 crore, registering a  year-on-year surge of 15 per cent, the data released by the Finance Ministry showed. The GST revenue collection ...

TBB BUREAU NEW DELHI, JAN 1, 2023 Anil Kumar Lahoti has taken over the charge of Chairman & Chief Executive Officer (CEO) of the Railway Board under the Ministry of Railways. The appointments committee of the Cabinet approved the appointment of. Prior to this new assignment, Lahoti was working as Member (Infrastructure), Railway Board. Anil Kumar Lahoti 1984 batch Indian ...

TBB BUREAU NEW DELHI, JAN 1, 2023 Recognising the enormous potential of Millets which also aligns with several UN Sustainable Development Goals (SDGs), the Union Government on Sunday announced it has lined up a series of millet-centric promotional activities across the country as the International Year of Millets (IYM) kicks in, while noting that millets are also integral part of ...

TBB BUREAU NEW DELHI, DEC 31, 2022 The roll out of center’s new integrated food security Scheme is set to begin on 1 January 2023, officials said on Saturday. As per the decision made by cabinet, led by Prime Minister Narendra Modi, the new Scheme would provide free food grains to 81.35 crore beneficiaries under NFSA, for the year 2023. ...

TBB BUREAU NEW DELHI, DEC 20, 2022 December 20, 2005 leaves an imprint in the history of the democratization of the Indian National Flag. On this day, the Government of India amended the Prevention of Insults to National Honour Act-1971, which enables every citizen to display the national flag (Tiranga) on clothes above waist with due respect. Democratization of the ...

TBB BUREAU NEW DELHI, DEC 15, 2022 The Government, through the Reserve Bank of India (RBI), will issue two tranches of Sovereign Gold Bonds, which will open for public subscription in December 2022 and March 2023. Sovereign Gold Bonds (SGBs) 2022-23-Series-III will open for subscription during December 19- 23, 2022 and 2022-23-Series-IV during March 06-10, 2023, the finance ministry said ...

TBB BUREAU NEW DELHI, DEC 15, 2022 NITI Aayog’s Atal Innovation Mission (AIM) and UNDP India on Thursday launched the fifth edition of ‘Youth Co:Lab’ to support young social entrepreneurs. According to an official statement, the applications for this edition were launched by AIM mission director Chintan Vaishnav and UNDP India Resident Representative Dennis Curry. Launched in partnership with AIM ...

TBB BUREAU NEW DELHI, DEC 7, 2022 Lok Sabha Member from Kandhamal, Achyuta Samanta, on Wednesday urged the Centre and the GST Council Chairperson to withdraw Goods & Services Tax (GST) from Kendu leaves, saying the imposition of such tax is affecting the trade and livelihood of eight lakh pluckers. BJD MP Samanta raised the issue during the Zero Hour ...

TBB BUREAU NEW DELHI, NOV 25, 2022 The Central Government on Friday released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022 (State-wise details as per Table below). The total amount of compensation released to the States/UTs so far, including the aforesaid amount, during the year 2022-23 ...

TBB BUREAU NEW DELHI, NOV 8, 2022 Union Minister of State for Skill Development and Entrepreneurship and Electronics & IT, Rajeev Chandrasekhar on Tuesday said, there has been significant changes in the domestic tourism circuit which is pivoting more towards wellness, healthcare and other activities like adventure or sports and thereby triggering a demand for diverse skills and opportunities while ...

TBB BUREAU NEW DELHI, NOV 8 The Centre has given accreditation to 13 private agencies for engaging in mineral exploration. With this, there are now a total of 22 private agencies which are engaged in mineral exploration. With the amendment of Mines & Minerals (Development & Regulation) MMDR Act in 2021, private agencies can also participate in exploration for the ...

TBB BUREAU NEW DELHI, NOV 7, 2022 “Skills are passport to prosperity and opportunities. Along with education, it is necessary to possess a future-relevant skill so that it would be easier to remain competitive in the job market or entrepreneurship fields,” said Union Minister for Skill Development and Entrepreneurship and Electronics and IT, Rajeev Chandrasekhar, while addressing students and staff ...

TBB BUREAU NEW DELHI, NOV 7, 2022 The Union Mines Ministry has invited nominations for the National Geoscience Awards-2022 for contributions in the field of fundamental/applied geosciences, mining, and allied areas. The awards, instituted in 1966 and given annually, are an initiative of the Ministry to encourage geoscientists for striving toward excellence. The National Geoscience Awards are of three categories: ...

TBB BUREAU NEW DELHI, NOV 7, 2022 District Mineral Foundation (DMF) has been constituted in 622 Districts spread across 23 States of India, the latest figures of Union Mines Ministry said. The concept of DMF was introduced through amendment in Mines & Minerals (Development & Regulation) MMDR Act, 1957. The amended Act inter–alia introduced Section 9B which provides for establishment ...

TBB BUREAU BHUBANESWAR, NOV 7, 2022 National Cancer Awareness Day is observed on November 7 in India. Every year, this day is observed to draw attention to the importance of the condition and to raise awareness about its early detection, treatment, and diagnosis. According to the World Health Organization, cancer is one of the leading causes of death worldwide. Every ...

Even in the current era of advanced medical science, cancer is believed to be one of the most feared diseases throughout the world. While the USA and China are currently dealing with a maximum number of cancer cases, India is third. Approximately 1.1 million cancer cases are found in Indian healthcare every year. According to the National Cancer Registry Programme ...

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 ...

TBB BUREAU NEW DELHI, OCT 6, 2022 The Union Finance Ministry on Thursday released the seventh monthly instalment of post devolution revenue deficit (PDRD) grant of Rs 7,183.42 crore to 14 states. The grant has been released as per the recommendations of the 15th Finance Commission. The panel had recommended a total grant of Rs 86,201 crore to 14 states ...

TBB BUREAU MUMBAI, SEPT 30, 2022            The Reserve Bank of India (RBI) on Friday cut the economic growth projection for the current financial year to 7 per cent from 7.2 per cent estimated earlier on account of extended geopolitical tensions and aggressive monetary policy tightening globally.            The headwinds from extended geopolitical tensions, tightening global financial conditions and possible ...

TBB BUREAU NEW DELHI, SEPT 25, 2022 The India-UAE Comprehensive Economic Partnership Agreement (CEPA) which came into effect on the 1st of May 2022, is already creating a significant positive impact on India-UAE trade. Indian exports to the UAE, excluding petroleum productsgrew from US$ 5.17 billion during June-August 2021 to US$ 5.92 billion during June-August 2022, which denotes an increase ...

TBB BUREAU NEW DELHI, SEPT 25, 2022 The better digital future can only be built on pervasive digital infrastructure, developing digital platforms for delivery of government services to every citizen and ensuring access to digital services to all, said Union Minister of State for Communications Devusinh Chauhan, while addressing the Ministerial Roundtable, which is part of Plenipotentiary Conference 2022 of ...