TBB BUREAU AGRA, SEPT 23, 2022 The recent announcement by the Government of India on increasing the domestic production of palm oil towards ensuring atmanirbharta (self-reliance) is a great opportunity for the country to demonstrate the economic and social value of sustainable palm oil production, said Joseph D’Cruz, CEO, Roundtable on Sustainable Palm Oil (RSPO) in his virtual keynote address ...
Read More »India
‘Maharatna’ status for REC
TBB BUREAU NEW DELHI, SEPT 22, 2022 REC has been accorded with the status of a ‘Maharatna’ Central Public Sector Enterprise, thus getting greater operational and financial autonomy. An order to this effect was issued yesterday by the Department of Public Enterprises, under the Ministry of Finance. Incorporated in 1969, REC is an NBFC focusing on Power Sector Financing and ...
Read More »Union Cabinet approves National Logistics Policy
TBB BUREAU NEW DELHI, SEPT 21, 2022 The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the National Logistics Policy. The Policy lays down an overarching interdisciplinary, cross-sectoral, multi-jurisdictional and comprehensive policy framework for the logistics sector. The policy complements the PM GatiShakti National Master Plan. While PM GatiShakti National Master Plan is aimed at integrated infrastructure development, ...
Read More »Union Cabinet approves modifications in PLI scheme for semiconductors manufacturing
TBB BUREAU NEW DELHI, SEPT 21, 2021 Keeping in view the growing demand for semiconductors across the globe, the Union Cabinet on Wednesday approved certain modifications in the production-linked incentive (PLI) scheme for its manufacturing. Under the modified programme, a uniform fiscal support of 50 per cent of project cost shall be provided across all technology nodes for setting up ...
Read More »Govt approves Rs 19,500-crore PLI scheme for manufacturing solar PV modules
TBB BUREAU NEW DELHI, SEPT 21, 2021 The Cabinet, chaired by Prime Minister Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Production Linked Incentive Scheme (Tranche II) on ‘National programme on High Efficiency Solar PV Modules’, with an outlay of Rs.19,500 crore for achieving manufacturing capacity of Giga Watt (GW) scale in ...
Read More »Flag Foundation of India extends call for ‘Har Ghar Tiranga, Har Din Tiranga’
TBB BUREAU NEW DELHI, SEPT 21, 2022 Flag Foundation of India (FFoI) is remembering the historic day of 22nd September 1995 as a milestone day in the struggle to democratize the Indian Tricolour, our beloved Tiranga. On this day in 1995, present FFoI President, Naveen Jindal filed a writ petition in Delhi High Court seeking to amend the Flag code ...
Read More »Automotive Industry at inflection point, poised to grow significantly: Piyush Goyal
TBB BUREAU BHUBANESWAR, SEPT 14, 2022 The Automotive Industry is at the inflection point and is poised to grow fast, said Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal, while addressing the 62nd Automotive Component Manufacturers Association (ACMA) Annual Session in New Delhi today. Touching upon the theme of session, ‘Future of ...
Read More »Civil servants must learn to work with anonymity and dedication: Vice President to IAS Officers
TBB BUREAU NEW DELHI, SEPT 14, 2022 Vice President Jagdeep Dhankhar on Wednesday called upon IAS Officers to work with dedication for improvement in delivery of services and grievance redressal to citizens, while maintaining the principle of anonymity. As many as 175 IAS officers of the 2020 batch posted as Assistant Secretaries in various Ministries called on the Vice President ...
Read More »Vedanta signs MoUs with Government of Gujarat to set up semiconductors and display fab units
TBB BUREAU DELHI/AHMEDABAD, SEPT 13, 2022 In a major step towards making India self-sufficient in the critical area of semiconductors and displays in line with Prime Minister Narendra Modi’s bold vision to make India Aatmnirbhar (self-sufficient) in key futuristic technologies, Anil Agarwal-led Vedanta today signed two Memorandum of Understandings (MoUs) with the Government of Gujarat to set up a semiconductor ...
Read More »Indian Railways’ overall revenue up by 38pc till August 2022
TBB BUREAU NEW DELHI, SEPT 11, 2022 The overall revenue of Indian Railways at the end of August 2022 was Rs 95,486.58 crore, showing an increase of Rs. 26271.29 crore or 38 per cent over the corresponding period of last year. The revenue from passenger traffic was Rs.25,276.54 crore with an increase of Rs 13,574.44 crore (116 per cent) over ...
Read More »India to become a powerhouse driving global growth by 2047: Union Minister Goyal
TBB BUREAU NEW DELHI, SEPT 11, 2022 Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said that India is on the path to become a powerhouse driving global growth by 2047. Interacting with the Business Community of Southern California in the USA, the Minister said conclusion of the Indo-Pacific Economic Framework (IPEF) ...
Read More »India, USA desire to strengthen economic relations & strategic partnership: Piyush Goyal
TBB BUREAU LOS ANGELES, SEPT 10, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal today reaffirmed the desire of both India and USA to continue to work towards strengthening economic relations & strategic partnership. Addressing an event hosted by US-India Strategic Partnership Forum in Los Angeles, Goyal reaffirmed that both the ...
Read More »Kharif rice production in country may fall by 10-12 mn tonne: Union Food Secretary
TBB BUREAU NEW DELHI, SEPT 09, 2022 India’s rice production could fall by 10-12 million tonnes during the Kharif season this year due to a fall in paddy sowing area, the government said on Friday. At a press conference to explain rationale behind the imposition of ban on exports of broken rice, Union Food Secretary Sudhanshu Pandey pointed ...
Read More »Make ‘Pradhan Mantri TB Mukt Bharat Abhiyaan’ a mass movement: Prez
TBB BUREAU NEW DELHI, SEPT 09, 2022 Launching the Pradhan Mantri TB Mukt Bharat Abhiyaan virtually on Friday, President of India Droupadi Murmu said that it is the duty of all citizens to give high priority to the campaign and make it a mass movement as TB causes the largest number of deaths among all other infectious diseases in our ...
Read More »Goyal calls upon Indian Diaspora to convey the world the tremendous business opportunities India offers
TBB BUREAU NEW DELHI, SEPT 08, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said while the Indian Diaspora in the US has been very professional and innovative in their approach, they have simultaneously maintained the strong connect with Indian culture and value system, thus keeping the soul of ...
Read More »India provides best investment opportunity to investors across the world: Union Minister Goyal
TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Tuesday said that India today provides the best investment opportunity to the investors across the world, while calling upon investors in the US to avail the opportunities that India offers. He said this while addressing the US ...
Read More »Centre releases PDRD grant of Rs 7,183 cr to 14 States
TBB BUREAU NEW DELHI, SEPT 06, 2022 Following recommendation of the 15th Finance Commission, the Union Finance Ministry on Tuesday released the sixth monthly instalment of Post Devolution Revenue Deficit (PDRD) grant of Rs 7,183.42 crore to 14 states. The Commission has recommended a total PDRD grant of Rs 86,201 crore to 14 states for 2022-23., which is released by ...
Read More »Modi announces PM-SHRI scheme to develop & upgrade 14,500 schools
TBB BUREAU NEW DELHI, SEPT 05, 2022 On the occasion of Teacher’s Day on Monday, Prime Minister Narendra Modi announced a new scheme — PM-SHRI Yojana — to develop 14,500 schools as model schools that will be equipped with modern infrastructure, including labs, smart classrooms, libraries, and sports facility. Announcing the scheme, the Prime Minister said the schools developed ...
Read More »INS Vikrant a unique reflection of India becoming self-reliant: PM Modi
TBB BUREAU KOCHI, SEPT 02, 2022 “INS Vikrant is a unique reflection of India becoming self-reliant,” said Prime Minister Narendra Modi while commissioning the first indigenous aircraft carrier at the Cochin Shipyard in Kerala today. “Vikrant is huge, massive, and vast. Vikrant is distinguished, Vikrant is also special. Vikrant is not just a warship. This is a testament to the ...
Read More »UPI transactions reach 657 crore in August worth Rs 10.72 lakh cr
TBB BUREAU NEW DELHI, SEPT 01, 2022 The Unified Payments Interface (UPI) registered a record 657 crore transactions worth Rs 10.72 lakh crore in August 2022, the National Payments Corporation of India (NPCI) data showed on Thursday. The year-on-year (YoY) growth in UPI volumes is up almost 100 per cent and amounts transacted grew by 75 per cent YoY in ...
Read More »GST collection up 28pc at Rs 1.43 lakh cr in August 2022
TBB BUREAU NEW DELHI, SEPT 01, 2022 Riding on rising demand, higher rates, and greater compliance, India’s tax collection from the sale of goods and services increased by 28 per cent to Rs 1.43 lakh crore in August 2022. The GST collection remained above the Rs 1.4-lakh-crore mark for the sixth straight month in August and the ensuing ...
Read More »President Murmu and Dutch Queen discuss bilateral ties
TBB BUREAU NEW DELHI, AUG 29, 2022 Queen Máxima of the Netherlands called on President Droupadi Murmu at Rashtrapati Bhavan here on Monday and they discussed about deepening of bilateral ties between India and the Netherlands. The two leaders also discussed in detail several aspects of universal financial inclusion which has been one of the main agenda of the Government ...
Read More »PM Modi pays tributes to Major Dhyan Chand on his birth anniversary
TBB BUREAU NEW DELHI, AUG 29, 2022 Prime Minister Narendra Modi paid tributes to legendary Indian Hockey player Major Dhyan Chand on his birth anniversary; and greeted the sportspersons on National Sports Day today. In a tweet, the Prime Minister said: “Greetings on National Sports Day and tributes to Major Dhyan Chand Ji on his birth anniversary. The recent years ...
Read More »We need to take agricultural growth rate to 22pc: Gadkari
TBB BUREAU NEW DELHI, AUGUST 27, 2022 “We need to take our agricultural growth rate to at least 22%. Then we will have Aatma Nirbhar villages, smart villages. This will thus benefit villages, farmers and the poor; new jobs, schools, hospitals, agro-based industries and irrigation facilities will come up in rural areas, transforming our villages,” said Union Minister for Road ...
Read More »‘Waste to Wealth’ emerging as a new avenue for StartUp in India: Union Minister Jitendra Singh
TBB BUREAU NEW DELHI, AUGUST 27, 2022 “Waste to Wealth” is emerging as a new avenue for StartUp in India, said Union Minister Jitendra Singh in Jammu today. Addressing National Seminar on “Waste to Wealth” organised under “Ek Kaam Desh ke Naam” programme, Singh reiterated Prime Minister Narendra Modi’s reference to Amrit Kaal and said next 25 years would see ...
Read More »Justice U U Lalit sworn in as CJI
TBB BUREAU NEW DELHI, AUGUST 27, 2022 Justice Uday Umesh Lalit was on Saturday sworn in as the 49th Chief Justice of India (CJI). President Droupadi Murmu administered him the oath at a brief ceremony held at the Rashtrapati Bhavan. “Congratulations,” President Murmu said after Justice Lalit signed the register of oath following the swearing-in. ...
Read More »Krishna Kumar Singh assumes charge as SAIL’s Director Personnel
TBB BUREAU NEW DELHI, AUGUST 26, 2022 Krishna Kumar Singh took charge as Director (Personnel) of Steel Authority of India Limited (SAIL) on Thursday. Singh who did his graduation in Electrical Engineering from IIT, BHU and holds PG Diploma in Human Resource Management, joined SAIL in 1987 in the Company’s Bhilai Steel Plant as Management Trainee (Technical). Rising ...
Read More »AAI, LUFTFARTSVERKET ink pact to facilitate smart & sustainable aviation technology collaboration
TBB NUREAU NEW DELHI, AUGUST 26, 2022 Airports Authority of India (AAI) and LFV Air Navigation Services of Sweden (LUFTFARTSVERKET) on Friday signed a Memorandum of Understanding (MoU) at the Corporate Headquarters of AAI here to to facilitate smart and sustainable aviation technology collaboration. The MoU was signed by M. Suresh, Member (Air Navigation Services), AAI and Magnus Corell, Deputy ...
Read More »One in four adults in India suffers from hypertension, say health experts
TBB BUREAU NEW DELHI/JODHPUR, AUG 25, 2022 One in four adults in India suffers from hypertension, and it is high time that high blood pressure is prioritized as a public health emergency, said top doctors from the All India Institutes of Medical Sciences (AIIMS) and senior government officials while emphasizing on the need for its timely control. The experts also ...
Read More »Government keen to attract more private firms into mineral exploration: Union Minister Joshi
TBB BUREAU NEW DELHI, AUGUST 23, 2022 Union Minister for Coal, Mines and Parliamentary Affairs Pralhad Joshi on Tuesday said that the Center is making sustained efforts to attract more private entrepreneurs into mineral exploration. Mineral exploration will be carried out without adverse environmental impact through enhanced use of drones and other latest technologies, he said. Addressing the two-day International ...
Read More »Renewed push for agro export promotion to achieve USD 23.56 billion target for FY23
TBB BUREAU NEW DELHI, AUGUST 14, 2022 APEDA, an export promotion body for agricultural products of the Ministry of Commerce & Industry has made an outreach strategy for the promotion of agro export to accomplish the export target of USD 23.56 billion for the financial year 2022-23. 300 events will be organized under the plan in the current year for ...
Read More »Cabinet approves continuation of PMAY-U up to December 2024
TBB BUREAU NEW DELHI, AUGUST 11, 2022 The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Housing and Urban Affairs (MoHUA) Ministry proposal for continuation of Pradhan Mantri Awas Yojana – Urban (PMAY-U) up to 31st December 2024 wherein financial assistance is to be provided for the completion of already sanctioned 122.69 lakh houses till 31st ...
Read More »Post Offices to remain open on all days till Aug 15 to sell National flags
TBB BUREAU NEW DELHI, AUGUST 6, 2022 To facilitate the sales and distribution of National Flags under Har Ghar Tiranga Campaign, all Post Offices will function on holidays, falling before Independence Day 2022. All delivery Post Offices and other important post offices, across the country will be functional to the extent for supporting this public campaign. Special arrangements will be ...
Read More »India’s agricultural & processed food products exports up 31 pc to USD 7408 Million in Q1FY23
TBB BUREAU NEW DELHI, AUGUST 6, 2022 Continuing with the trend from the previous year, the exports of agricultural and processed food products rose by 31 percent in the first three months of the current Financial Year 2022-23 (April-June) in comparison to the corresponding period of FY 2021-22. According to the provisional data released by the Directorate General of Commercial ...
Read More »Auguste Tano Kouamé takes over as World Bank’s Country Director for India
TBB BUREAU NEW DELHI, AUGUST 1, 2022 Auguste Tano Kouamé on Monday took over as World Bank’s Country Director for India. He replaced Junaid Kamal Ahmad who recently completed a five-year term. Prior to the new assignment, Kouamé served as the World Bank’s Country Director for the Republic of Türkiye – where he led the expansion of the Bank’s country ...
Read More »July GST revenue at Rs 1.48 lakh crore; up 28pc YoY
TBB BUREAU NEW DELHI, AUGUST 1, 2022 The gross goods and service tax (GST) revenue collected in the month of July 2022 stood at Rs 1,48,995 crore, registering a growth of 28 per cent year-on-year (Y-o-Y). It is also the second highest ever collection since the introduction of GST in 2017, the Finance Ministry said in a press release on ...
Read More »Left untreated, hypertension adds to India’s rising stroke burden: AIIMS doctors
TBB BUREAU BHUBANESWAR, JULY 31, 2022 Undiagnosed and untreated hypertension is the main risk factor for stroke which is the second leading cause of death and disability after ischaemic heart disease across the world. Studies show that at least 64% stroke patients have hypertension which is the most prevalent risk factor for this deadly cardiovascular event. With stroke burden increasing ...
Read More »Power sector will continue to play significant role in India’s progress: PM Modi
TBB BUREAU NEW DELHI, JULY 30, 2022 Energy sector, power sector will play a significant role in accelerating India’s progress in the next 25 years, said Prime Minister Narendra Modi while dedicating two of NTPC’s green projects to the nation on Saturday. Dedicating NTPC Ramagundam Floating Solar Project (100 MW) in Telangana and NTPC Kayamkulam Floating Solar Project (92 MW) ...
Read More »Droupadi Murmu, symbol of PM Modi’s commitment towards tribal empowerment
Amit Shah The election of Droupadi Murmu ji as the President of India is historic for Indian democracy. Her remarkable journey from Odisha’s extremely poor tribal background, that too from the most backward Santhali community, to the highest constitutional position is marked by her struggles, grit and determination. Her elevation as the ‘First Citizen’ is the matter of great joy and ...
Read More »Media needs to introspect role if wrong perception being created: Union Minister Anurag Thakur
TBB BUREAU NEW DELHI, JULY 23, 2022 “Ye Akashvani Hai”, the immortal words that every Indian can identify, resonated in the Rang Bhawan auditorium at Akashvani Bhawan today as Union Minister for Sports, Youth Affairs and Minister of Information and Broadcasting Anurag Thakur uttered them, appending it with “aur aaj aap soochana prasaran mantri ko sunn rahe hain”. These opening ...
Read More »NTPC inks MoU with Moroccan Agency for Sustainable Energy for cooperation in renewable energy sector
TBB BUREAU NEW DELHI, JULY 20, 2022 NTPC and Masen (Moroccan Agency for Sustainable Energy) today signed an MoU for cooperation in the renewable energy sector during the 17th CII EXIM conclave on India-Africa growth partnership held in New Delhi from 19th- 20th July 2022. The MoU was signed by Rachid Bayed, Executive Director of Operations and Acting Director of ...
Read More »EPFO adds 16.82 lakh net subscribers in May 2022
TBB BUREAU NEW DELHI, JULY 20, 2022 The provisional payroll data of EPFO shows that EPFO added 16.82 lakh net subscribers in the month of May, 2022. Year-on-year comparison of payroll data shows an increase of 7.62 lakh net subscribers in May, 2022 as compared to the net subscription in the corresponding period in the previous year. Out of the ...
Read More »India determined to boost cooperation with Shanghai Cooperation Organisation: Union Minister Pandey
TBB BUREAU NEW DELHI, JULY 15, 2022 India is determined to boost cooperation with Shanghai Cooperation Organisation (SCO), said Union Minister for Heavy Industries Dr. Mahendra Nath Pandey, while virtually attending the second meeting of Ministers of Industry of the member states of Shanghai Cooperation Organisation in Uzbekistan. The second meeting of Ministers of Industry of the Shanghai Cooperation Organisation ...
Read More »NHPC signs MoU for development of “Pilot Green Hydrogen Technologies”
TBB BUREAU NEW DELHI, JULY 15, 2022 NHPC on Thursday signed two MoUs for the development of “Pilot Green Hydrogen Technologies” in line with the country’s resolve to reduce the carbon footprint in the Power Sector in Leh and Kargil districts of Union Territory of Ladakh. The MOUs were signed in the presence of RK Mathur, Lieutenant Governor, Union Territory ...
Read More »Valid prescription must now to buy Ayurvedic, Siddha and Unani drugs through e-commerce platforms
TBB BUREAU NEW DELHI, JULY 14, 2022 The Centre on thursday directed e-commerce platforms to sell Ayurvedic, Siddha and Unani drugs only after a valid prescription of a registered Ayurveda, Siddha or Unani practitioner. According to an advisory issued by the Central Consumer Protection Authority (CCPA) concerning the sale of Ayurvedic, Siddha and Unani drugs containing ingredients listed in Schedule ...
Read More »India’s overall exports grow by 23pc in June
TBB BUREAU NEW DELHI, JULY 14, 2022 India’s overall exports (Merchandise and Services combined) in June 2022 was USD 64.91 Billion, exhibiting a positive growth of 22.95 per cent over the same period last year. The overall exports (Merchandise and Services combined) in the 1st quarter of FY 22-23 (April-June 2022) was USD 189.93 billion, registering positive growth of 25.16 ...
Read More »WPI-based inflation declines marginally to 15.18 pc in June
TBB BUREAU NEW DELHI, JULY 14, 2022 The wholesale price-based inflation eased to a three-month low of 15.18 per cent in June 2022 (as against 12.07 per cent in June 2021) on a sharp decline in the prices of minerals, but food articles continued to remain costly. In May 2022, it touched a record high of 15.88 per cent. ...
Read More »Consumer Affairs Department sets up committee to develop comprehensive framework on the Right to Repair
TBB BUREAU NEW DELHI, JULY 14, 2022 In a bid to emphasize on LiFE (Lifestyle for the Environment) movement through sustainable consumption, the Department of Consumer Affairs has taken a significant step for developing an overall framework for the Right to Repair. The aim of developing a framework on right to repair in India is to empower consumers and product ...
Read More »Vice President stresses the importance of holistic, value-based education
TBB BUREAU HYDERABAD, JULY 13, 2022 Vice President M. Venkaiah Naidu today stressed the importance of a holistic, value-based education for the overall development of children and in building a secure future for the nation. He called for shedding the mindset of ‘marks-focussed education’ and to look at education as ‘not mere letters and numbers, but as the learning of ...
Read More »Pradhan Mantri National Apprenticeship Mela to be conducted in 200 locations across India
TBB BUREAU NEW DELHI, JULY 10, 2022 The Ministry of Skill Development and Entrepreneurship will hold the Pradhan Mantri National Apprenticeship Mela on Monday, as part of the Prime Minister’s Skill India Mission to boost career opportunities and practical training. So far, 1,88,410 applicants have participated in the Apprenticeship Mela and 67,035 apprenticeship offers have been made on the platform ...
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