TBB BUREAU NEW DELHI, JULY 9, 2022 The Central Consumer Protection Authority (CCPA) has directed district collectors to ensure enforcement of Guidelines issued with regard to service tax by hotels and restaurants. Upon receiving related complaints, the district collector may conduct investigation pertaining to violation of the guidelines and submit the report to the Authority within 15 days. CCPA has ...
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6th National Conclave on Mines & Minerals to be held in New Delhi on July 12
TBB BUREAU NEW DELHI, JULY 9, 2022 The Union Ministry of Mines will be organising the 6th National Conclave on Mines & Minerals as part of Azadi ka Amrit Mahotsav iconic week celebrations at Dr. Ambedkar International Centre in New Delhi on 12th July. Union Home Minister Amit Shah will grace the conclave as the chief guest while Minister for ...
Read More »Make in India effect: Toy imports down by 70pc, exports up 61pc over last three years
TBB BUREAU NEW DELHI, JULY 5, 2022 The import of toys is down by 70 percent in the last three years. For HS Codes 9503, 9504, and 9505, the import of toys to India has reduced from USD 371 Mn in FY 2018-19 to USD 110Mn in FY 2021-22 thus showing a decrease of 70.35 percent. For the HS Code ...
Read More »Odisha tops the table among general category States in 1st ‘State Ranking Index for NFSA’
TBB BUREAU NEW DELHI, JULY 5, 2022 In the first ever ‘State Ranking Index’ under the National Food Security Act (NFSA) released on Tuesday, Odisha has topped the list of general category states while Tripura topped the list of special category states. Odisha is followed by Uttar Pradesh, Andhra Pradesh and Gujarat in the general category states, while in the ...
Read More »New material discovered can convert infrared light to renewable energy
TBB BUREAU NEW DELHI, JULY 5, 2022 In a significant development, researchers from Bengaluru’s Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an autonomous institute of Department of Science and Technology (DST) have discovered a novel material called single-crystalline scandium nitride (ScN) that can emit, detect, and modulate infrared light with high efficiencies. K. C. Maurya and co-workers have utilized ...
Read More »Strategic Disinvestment of Neelachal Ispat Nigam Limited completed
TBB BUREAU NEW DELHI, JULY 4, 2022 Neelachal Ispat Nigam Limited (NINL) Strategic Disinvestment transaction has been completed today with the transfer of 93.71% shares of the Joint Venture Partners (4 CPSEs and 2 Odisha Govt. PSUs) to the Strategic Buyer, Tata Steel Long products Limited. The Enterprise Value paid by the Strategic Buyer is Rs. 12,100 crore. This payment ...
Read More »GST collections up 56pc Y-o-Y to Rs 1,44,616 crore in June 2022
TBB BUREAU NEW DELHI, JULY 1, 2022 The Goods and Services Tax (GST) revenue in June 2022 rose to Rs 1.44 trillion, registering a growth of 56 per cent over the corresponding month last year, Finance Minister Nirmala Sitharaman said on Friday. The gross GST revenue collected in the month of June 2022 is Rs 144,616 crore of which CGST ...
Read More »Union Cabinet approves deregulation of sale of domestically produced crude oil
TBB BUREAU NEW DELHI, JUNE 29, 2022 The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved ‘Deregulation of Sale of Domestically Produced Crude Oil’, whereby Government has decided to cease allocation of crude oil and condensate w.e.f. 01.10.2022. This will ensure marketing freedom for all Exploration and Production (E&P) operators. The condition in the ...
Read More »Cabinet approves computerization of 63K Primary Agriculture Credit Societies
TBB BUREAU NEW DELHI, JUNE 29, 2022 The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, has approved computerization of Primary Agricultural Credit Societies (PACS) with the objective of increasing efficiency of PACS, bringing transparency and accountability in their operations; facilitating PACS to diversify their business and undertake multiple activities/ services. This project proposes computerization of about ...
Read More »India’s marine product exports grow by over 30pc to Rs 57,586.48 Cr
TBB BUREAU NEW DELHI, JUNE 29, 2022 India shipped 13,69,264 MT of seafood worth Rs 57,586.48 crore (USD 7.76 billion) during FY 2021-22, despite heavy odds. During the FY 2021-22, the export improved in rupee term by 31.71%, in USD terms by 30.26% and in quantity terms by 19.12%. In 2020-21, India had exported 11,49,510 MT of seafood worth Rs ...
Read More »Schools must foster the spirit of curiosity and innovation in students: Vice President
TBB BUREAU NEW DELHI, JUNE 29, 2022 Vice President M. Venkaiah Naidu on Wednesday appealed to schools across the nation to foster the spirit of curiosity, innovation and excellence in students to prepare them for the challenges of the Shri 21st century, technology-driven world. Calling for a futuristic approach to education while shunning rote education, Naidu said, “The best skill ...
Read More »Coal Ministry approaches Environment Ministry for inclusion of five coal mine pit lakes in Ramsar list, seeks World Bank assistance in re-purposing abandoned coal mines
TBB BUREAU NEW DELHI, JUNE 29, 2022 India’s coal sector is making sustained efforts to fulfil the fast escalating energy demands by further augmenting coal production. At the same time, the coal sector is also taking various initiatives towards adopting the path of sustainable development with emphasis on care for environment and host of measures to protect forests and biodiversity. ...
Read More »31 companies submit bids for commercial coal mining auction
TBB BUREAU NEW DELHI, JUNE 29, 2022 A total of 31 companies have submitted 38 online and offline bids for commercial coal mining auction and now the technical evaluation will be carried out by a committee of senior officers, Union Coal Ministry announced on Tuesday. According to the ministry, the bids were received under three tranches of commercial coal ...
Read More »POCO F4 5G becomes the highest selling flagship model on first day sales
TBB BUREAU BENGALURU, JUNE 28, 2022 India’s third-largest online smartphone brand POCO registered record-breaking sales with POCO F4 5G. The latest entrant in the F-series lineup, POCO F4 5G, has become the highest selling flagship model in first sale on Flipkart in less than 24 hours. With sale going live on 27th June at 12 noon on the platform, POCO ...
Read More »15 companies selected under 2nd round of PLI scheme for white goods with committed investment of Rs 1,368 cr
TBB BUREAU NEW DELHI, JUNE 28, 2022 A total of 15 applicants have been selected under the second round of the PLI scheme in White Goods. After evaluation of the 19 applications received in the second round, 15 applicants with committed investment of Rs 1,368 crore have been chosen. These include 6 for manufacturing ACs components with committed investments of ...
Read More »World Bank approves $250 million program for making India’s roads safer
TBB BUREAU NEW DELHI, JUNE 27, 2022 The World Bank’s Board of Executive Directors has approved the financing of $250 million to support the Government of India’s Program for Strengthening Road Safety. The World Bank project will help participating states reduce road crash fatalities and injuries through improved road safety management and institutional reform, and results-based interventions on high-risk roads. ...
Read More »World Bank provides $245 million to help Indian Railways carry more freight, reduce GHG emissions
TBB BUREAU NEW DELHI, JUNE 23, 2022 The World Bank’s Board of Executive Directors approved a $245 million loan to support India’s efforts to modernize rail freight and logistics infrastructure. The Rail Logistics project will help India shift more traffic from road to rail, making transport—both freight and passenger—more efficient and, reduce millions of tons of greenhouse gas emissions (GHG) ...
Read More »International Yoga Day celebrated at 75 Iconic Places across the country including three from Odisha
TBB BUREAU BHUBANESWAR, JUNE 21, 2022 The 8th International Day of Yoga has been celebrated in grandeur at 75 Iconic Places across the country including three from Odisha on Tuesday. Three central ministers led the grand celebrations in the state with mass demonstration of yoga following the common yoga protocol. Union Minister for Railways, Communication, Electronics & IT, Ashwini Vaishnaw ...
Read More »Ancient science of Yoga India’s invaluable gift to world: Vice President
TBB BUREAU SECUNDERABAD, JUNE 21, 2022 The ancient science of Yoga is India’s invaluable gift to the world, said Vice President M. Venkaiah Naidu while urging people to make Yoga part of their daily lives and reap its benefits. He also emphasized the need for undertaking further research on Yoga as a wellness solution. Joining the International Yoga Day ...
Read More »GST Council to meet on June 28-29 in Srinagar
TBB BUREAU NEW DELHI, JUNE 16, 2022 The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, will meet on June 28 and 29 in Srinagar. “The 47th meeting of the GST Council will be held on June 28-29, 2022 (Tuesday & Wednesday) in Srinagar,” Finance Minister Nirmala Sitharaman’s office tweeted. The council ...
Read More »Govt hikes MSP for paddy by Rs 100
TBB BUREAU NEW DELHI, JUNE 8, 2022 In a bid to to ensure remunerative prices to the growers for their produce and to encourage crop diversification, the Union government on Wednesday hiked the minimum support price (MSP) for paddy by Rs 100 to Rs 2,040 per quintal for 2022-23 crop year from Rs 1,940 per quintal in the previous year. ...
Read More »RBI hikes repo rate by 50 basis points, retains GDP growth forecast at 7.2pc
TBB BUREAU MUMBAI, JUNE 8, 2022 The Monetary Policy Committee of Reserve Bank of India, which met from 6-8 June 2022, has unanimously decided to hike the Repo Rate by 50 basis points to 4.90 per cent. Consequently, Standing Deposit Facility Rate stands adjusted to 4.65 per cent and Marginal Standing Facility rate and Bank Rate to 5.15 per cent. ...
Read More »Need of the hour to solve challenge faced by our planet: PM Modi
TBB BUREAU NEW DELHI, JUNE 5, 2022 Prime Minister Narendra Modi on Sunday said that the need of the hour is to solve the challenge faced by our planet using human-centric, collective efforts and robust action that further sustainable development. Launching a global initiative ‘Lifestyle for the Environment – LiFE Movement’ today via videoconference, the Prime Minister reminded the gathering ...
Read More »India achieves target of 10pc ethanol blending in petrol ahead of schedule: PM
TBB BUREAU NEW DELHI, JUNE 5, 2022 Prime Minister Narendra Modi on Sunday said that India has achieved the target of 10 per cent ethanol blending in petrol ahead of schedule. The Prime Minister was speaking at a programme on ‘Save Soil Movement’ at Vigyan Bhawan here. PM addressing at the Save Soil programme organised by Isha Foundation, in New ...
Read More »Tourism Ministry launches ‘National Strategy for Sustainable Tourism and Responsible Traveller’ campaign
TBB BUREAU NEW DELHI, JUNE 4, 2022 Union Tourism Ministry, in partnership with United Environment Program (UNEP) and Responsible Tourism Society of India (RTSOI) organized National Summit on Developing Sustainable & Responsible Tourist Destinations in New Delhi on Saturdau. On the occasion, the Ministry launched the ‘National Strategy for Sustainable Tourism and Responsible Traveller’ campaign. The Strategy document has identified ...
Read More »Centre writes to States to phase out single use plastic
TBB BUREAU NEW DELHI, JUNE 4, 2022 Come June 5 – World Environment Day – States/Union Territories and Urban Local Bodies across the country will swing into campaign mode, in a bid to make the country free of single use plastic (SUP), as well as contribute to improving the environment, under the overarching mandate of “Clean and Green”. This comes ...
Read More »PM to attend programme on ‘Save Soil Movement’ on Sunday
TBB BUREAU NEW DELHI, JUNE 4, 2022 On the occasion of World Environment Day, Prime Minister Narendra Modi will attend a programme on ‘Save Soil Movement’ at Vigyan Bhawan at 11 AM on 5th June. Prime Minister will also address the gathering during the programme. ‘Save Soil Movement’ is a global movement to increase awareness about deteriorating soil health and ...
Read More »GST collections for May at Rs 1.4 lakh cr, up 44pc YoY
TBB BUREAU NEW DELHI, JUNE 1, 2022 The gross revenue from Goods and Service Tax (GST) in the month of May 2022 came in at Rs 140,885 crore, witnesing a year-on-year (YoY) growth of 44 per cent over the corresponding period in the previous year, data showed on Wednesday. This is the fourth time the monthly GST collection crossed Rs ...
Read More »Centre clears entire GST compensation payable to States till to date
TBB BUREAU NEW DELHI, MAY 31, 2022 The Centre has cleared the entire amount of Goods and Service Tax (GST) compensation payable to States up to May 31, 2022 by releasing an amount of Rs 86,912 crore, an official statement said on Tuesday. The payment was made to assist the states in managing their resources and ensuring that their programmes, ...
Read More »Govt revises premium rates of PMJJBY, PMSBY
TBB BUREAU NEW DELHI, MAY 31, 2022 The government on Tuesday raised the premium for its flagship insurance schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) in order to make them economically viable. The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, translating into an increase from ...
Read More »Seva, Sushasan and Garib Kalyan – 8 Years of Governance
TBB BUREAU NEW DELHI, MAY 31, 2022 Under the leadership of Prime Minister Narendra Modi, India has witnessed a paradigm shift towards people-centric governance. The last 8 years of the Government have been based on the Prime Minister’s mantra of ‘Reform, Perform, Transform’. Across sectors, landmark policies and initiatives have been implemented to improve last mile delivery of benefits and enhance ...
Read More »Health experts for ban on advertisement of tobacco products
TBB BUREAU NEW DELHI, MAY 30, 2022 As tobacco companies menacingly lure youth and children to their products through advertisements and entertainment ploys, Health experts and celebrities have urged the government to put an immediate ban on advertisement of tobacco products. On the eve of World No Tobacco Day, they also asked the Centre to ensure that tobacco control law ...
Read More »Jio becomes first operator to provide mobile connectivity on Kedarnath Dham trek route
TBB BUREAU DEHRADUN / BHUBANESWAR, MAY 29, 2022 Reliance Jio has become the first operator to give mobile and data connectivity on the trek route between Gaurikund and Kedarnath Temple. For the first time, pilgrims shall now stay connected with their loved ones through voice or video calls on this trek route also. Looking at the possibility of huge inflow ...
Read More »RBI to pay Rs 30,307 crore dividend to govt for FY22
TBB BUREAU MUMBAI, MAY 20, 2022 Reserve Bank of India (RBI) board in its 596th meeting held on Friday, approved a dividend payment of Rs 30,307 crore to the government for the financial ended March 2022. The Central Board of Directors of RBI, headed by Governor Shaktikanta Das, approved the transfer of Rs 30,307 crore as surplus ...
Read More »Vande Bharat Express to connect all regions: Vaishnaw
TBB BUREAU CHENNAI, MAY 20 The Indian Railways will connect the country’s different regions with Vande Bharat Express trains, informed Union Railway Minister Ashwini Vaishnaw here on Friday. Congratulating the Integral Coach Factory (ICF) team for designing and rolling out the modern train Vande Bharat Express, Vaishnaw said it is a proud project for Indian Railways. “All regions of India ...
Read More »Wheat stocks comfortable, export curbs to combat market speculation: Govt
TBB BUREAU NEW DELHI, MAY 14, 2022 The Union government has said that the decision to restrict wheat exports will control food prices, strengthen the food security of India and countries facing a deficit, and that India remains a reliable supplier as it is honouring all contracts. Speaking at a press conference with Sudhanshu Pandey, Secretary Department of Food and ...
Read More »Indian cruise market can grow tenfold in a decade: Sonowal
TBB BUREAU MUMBAI, MAY 14, 2022 Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal has asserted that Indian cruise market has the potential to grow 10 folds over the next decade, driven by rising demand and disposable incomes. “The government of India realizes this potential and is determined to position India as a global cruise hub with state-of-art infrastructure ...
Read More »Dalmia Cement, FLSmidth join hands to develop more sustainability solutions
TBB BUREAU COPENHAGEN, MAY 3, 2022 Dalmia Cement (Bharat) Ltd, a leading Indian cement major and subsidiary of Dalmia Bharat Limited, one of India’s leading cement manufacturers and FLSmidth & Co. A/S, a major supplier of engineering, equipment and service solutions to the global mining and cement industries, have signed a Memorandum of Understanding (MoU) to collaborate in the ...
Read More »Net direct tax collections rise 49pc to Rs. 1409640.83 crore in FY 2021-22
TBB BUREAU BHUBANESWAR, APRIL 26, 2022 The Net Direct taxes collection touched Rs. 14,09,640.83 crorein Financial Year 2021-22 (FY22). Collection jumped 49.02 per cent over that of the previous fiscal (FY21), mainly due to a low base effect, informed Central Board of Direct Taxes (CBDT) Chairman J B Mohapatra at a press conference here today. In FY21, the net collection ...
Read More »Indian Railway deploys additional rakes to transport coal to power plants
TBB BUREAU NEW DELHI, PRIL 25, 2022 To ensure swift supply of coal across power plants, additional trains and rakes by Indian Railway have been initiated to augment transportation of coal through its network. Indian Railways has ramped up the coal transportation resulting in 32 per cent more coal freight loading between September 2021 and March 2022. There has also ...
Read More »Lt Gen Manoj Pande next Chief of Army Staff
TBB BUREAU NEW DELHI, APRIL 18, 2022 Government has appointed Lieutenant General Manoj C Pande, presently Vice Chief of the Army Staff, as the next Chief of the Army Staff with effect from April 30, 2022. Born on May 06, 1962, Lt Gen Manoj C Pande was commissioned on December 24, 1982 in the Corps of Engineers (The Bombay Sappers) ...
Read More »Govt launches portals for export/import of agricultural commodities, pesticides registration
TBB BUREAU NEW DELHI, APRIL 18, 2022 Union Minister for Agriculture and Farmers’ Welfare Narendra Singh Tomar today lauched two portals, one for the Computerized Registration of pesticide (CROP) and the other for Plant Quarantine Management System (PQMS). Speaking on the occasion the Minister said, keeping in mind Prime Minister’s vision for the Agriculture sector these two portals have been ...
Read More »Vaishno Devi to get 1,281-metre ropeway from Katra to Adhkuwari
TBB BUREAU NEW DELHI, APRIL 14, 2022 In a bid to facilitate the devotees thronging the 700-year-old Mata Vaishno Devi shrine in Jammu, Shri Mata Vaishno Devi Shrine Board (SMVDSB) has given its approval to the much awaited proposal to construct a ropeway between Katra and Adhkuwari. The proposal was approved in the 69th meeting of the Shri Mata Vaishno ...
Read More »Jindal Global Law School ranks 70th globally, No. 1 in India
TBB BUREAU SONIPAT, APRIL 6, 2022 Jindal Global Law School (JGLS) of OP Jindal Global University (JGU) has once again retained the No.1 position in India while its global ranking this year improved to 70th, a jump of six places from 2021, according to the QS World University Rankings by Subject (Law) 2022 released on Wednesday. The improvement in Jindal ...
Read More »Curtain comes down on Red Fort Festival – Bharat Bhagya Vidhata
TBB BUREAU NEW DELHI, APRIL 4, 2022 The 10-day ‘Red Fort Festival – Bharat Bhagya Vidhata’ showcasing India’s history, art, heritage, culture, crafts and cuisine came to an end here on Sunday. The cultural extravaganza, a collaboration of the Union Culture Ministry and the Dalmia Bharat Group, which has adopted the Red Fort as its ‘Monument Mitra’, witnessed a footfall ...
Read More »Centre extends Pradhan Mantri Garib Kalyan Anna Yojana till Sept 2022
TBB BUREAU NEW DELHI, MARCH 26, 2022 Expressing concern towards poor and vulnerable sections of society, the Union Cabinet chaired by the Prime Minister Narendra Modi, on Saturday extended the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) scheme for another six months i.e., till September 2022. The Phase-V of PM-GKAY scheme was to end in March 2022. It may be ...
Read More »Public procurement from GeM portal crosses Rs 1 trillion-mark this fiscal
TBB BUREAU NEW DELHI, MARCH 24, 2022 Riding on a sharp increase in buying activities by different ministries and departments, procurement of goods and services from government portal GeM has crossed Rs 1 lakh crore during the current financial year registering a 160 per cent growth as compared to the previous fiscal, GeM CEO Prashant Kumar Singh said on Thursday. ...
Read More »Bharat Bhagya Vidhata: Grand show at Red Fort to kick off on March 25
TBB BUREAU NEW DELHI, MARCH 20, 2022 Red Fort Festival – Bharat Bhagya Vidhata, one of the world’s largest cultural extravaganzas, will be held from March 25th until April 3rd, 2022, at the country’s iconic 17th century monument in New Delhi, Red Fort. Conceptualized by the Union Culture Ministry and Red Fort’s ‘Monument Mitra’ Dalmia Bharat Group, the 10-day event ...
Read More »Mining sector growth provides the right fillip to Indian economy: Pralhad Joshi
TBB BUREAU NEW DELHI, MARCH 20, 2022 Union of Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi on Sunday said that India’s total geographical area under mining has increased substantially during the last few years and the sector is providing employment opportunities to 12 million people across the country, both directly and indirectly. Addressing the 36th International Geological Congress ...
Read More »NMDC creates history with 40 MT iron ore production
TBB BUREAU NEW DELHI, MARCH 19, 2022 India’s largest Iron Ore producer National Mineral Development Corporation Ltd. (NMDC) became the first company in the country to cross 40 million tonnes (MT) iron ore production in a year. From a production of 4 MTPA (million tonnes per annum) in the late 1960s to 40 million tonnes now, the growth trajectory of ...
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