Prime Minister Narendra Modi launches voluntary automotive scrappage policy
Aug 14, 2021, at 02:57 am
New Delhi/IBNS: Prime Minister Narendra Modi today launched the Voluntary Vehicle Fleet Modernisation Programme, or better known as the automotive scrappage policy through a video link at the Investor Summit in Gujarat.
Abolition of Retrospective Taxation will strengthen trust between government and industry: PM Modi
Aug 12, 2021, at 02:45 am
New Delhi/IBNS: Prime Minister Narendra Modi Wednesday said the abolition of the Retrospective Taxation will strengthen the trust between the government and the industry, days after Parliament passed a bill to abolish the system.
Noida set to become the South Asian nation's toy manufacturing hub
Aug 07, 2021, at 01:00 am
Lucknow/UNI: With a total of 134 big industrialists having acquired land at Noida’s Toy Park to set up their factories at the cost of Rs 410.13 crore; the industrial town in Gautam Buddha Nagar district of Uttar Pradesh bordering Delhi is poised to become a major toy manufacturing hub in India.
Monetary expansion or printing of money: Uday Kotak on ways to revive COVID-19-hit economy
May 27, 2021, at 05:28 pm
Mumbai/New Delhi/IBNS:Kotak Mahindra Bank CEO, Uday Kotak, has proposed a few ways to the central government to carve a path out of the economic downslide caused by COVID-19 pandemic and subsequent lockdown.
PM Modi to inaugurate key infrastructure projects in West Bengal on Feb 7
Feb 07, 2021, at 01:50 am
Kolkata/IBNS: Prime Minister Narendra Modi will dedicate key infrastructure projects in the oil and gas sector and road sector in West Bengal in a public function to be held in Haldia on Feb 7.
Indian Cabinet approves auction of spectrum
Dec 16, 2020, at 10:19 pm
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a proposal of the Department of Telecommunications to conduct spectrum auction through which spectrum will be assigned to the successful bidders for providing commercial mobile services.
PM Narendra Modi pitches India as investment destination for urbanisation, mobility
Nov 18, 2020, at 11:01 pm
New Delhi: Prime Minister Narendra Modi on Tuesday pitched India as the most attractive investment destination for those looking to invest in urbanisation, mobility, innovation and sustainable solutions.
Cabinet approves productivity linked bonus and non-productivity linked bonus for 2019-2020
Oct 21, 2020, at 09:12 pm
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO,ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.
India set to trail behind Bangladesh in per capita GDP: IMF
Oct 14, 2020, at 07:29 pm
New Delhi/IBNS: In a shocker for India, the financial condition of which has taken a beating due to Coronavirus pandemic, the International Monetary Fund (IMF) has forecasted that the per capita Gross Domestic Product (GDP) of the Asian giant could trail behind its neighbour Bangladesh this year.
Modi government announces measures to stimulate consumer spending
Oct 12, 2020, at 08:01 pm
New Delhi/UNI: The Narendra Modi government on Monday announced proposals to stimulate demand by front-loading or advancing some of the expenditure with some offsetting changes and the other directly linked to an increase in the GDP.
Jammu and Kashmir: Apple farmers express happiness over new farm laws
Oct 02, 2020, at 05:24 pm
Srinagar: Kashmiri apple farmers are happy with the new farm laws passed by the Indian government last month.
BIS certification becomes mandatory for Indian toy industry, stakeholders want more time
Sep 02, 2020, at 01:13 am
New Delhi/IBNS: The Indian toy industry, through their apex body, All India Toys Federation (AITF) have requested the Union government to reconsider the time frame for the mandatory certification from the Bureau of Indian Standards (BIS), which goes into force from September 1, 2020.
Honouring the honest tax payers: PM Modi unveils new tax reforms today
Aug 13, 2020, at 10:29 pm
New Delhi/IBNS: Prime Minister Narendra Modi on Thursday unveiled new tax reforms which he said will "honour the honest tax payers" who, according to him, "plays a massive role in the growth of the nation".
Google to invest Rs 75,000 cr more to fast pace India's digital economy
Jul 13, 2020, at 09:33 pm
New Delhi/IBNS: Google Chief Executive Officer Sundar Pichai has said the company would invest an additional Rs 75,000 crore to accelerate the pace of India's digital economy and added that the company is "proud to support" Prime Minister Narendra Modi's vision.
Jul 08, 2020, at 05:50 pm
New Delhi: The Union Cabinet chaired by PM Narendra Modi on Wednesday has given its approval for extending the contribution both 12% employees' share and 12% employers' share under Employees Provident Fund, totaling 24% for another 3 months from June to August, 2020, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19, a Pandemic.
India's economy ready to bounce back: PM Modi
Jun 18, 2020, at 01:28 pm
New Delhi/UNI: Exuding confidence, Prime Minister Narendra Modi on Thursday said India's economy was ready to bounce back and there could not be a better time to make a new beginning.
Cabinet approves amendment to Essential Commodities Act in interest of farmers
Jun 03, 2020, at 06:04 pm
New Delhi/UNI/IBNS: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the farmer friendly amendment in the Essential Commodities Act.
Industry should take advantage of global trust developed in India: PM Modi
Jun 02, 2020, at 02:42 pm
New Delhi/UNI: Prime Minister Narendra Modi on Tuesday said the world is looking for a trusted, reliable partner and in India, there is potential, strength, ability, so the industry should take full advantage of the trust that has developed towards India.
India gives push to privatisation in detailing fourth tranche of Rs. 20 lakh crore economic package
May 16, 2020, at 06:48 pm
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman's fourth press conference on Rs. 20 lakh crore economic package, dubbed as a package to build "Aatmanirbhar Bharat" or "Self-reliant India", was largely concentrated with the Narendra Modi government's push to privatisation in multiple sectors through reforms.
LIVE: FM Nirmala Sitharaman holds 4th press conference over economic package
May 16, 2020, at 04:20 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman is holding her fourth press conference to give details of the Rs. 20 lakh crore mega stimulus economic package which was announced by Prime Minister Narendra Modi earlier this week.
Nirmala Sitharaman to share details of Modi's Rs. 20 lakh crore economic package at 4 pm
May 13, 2020, at 12:34 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman at 4 pm on Wednesday will share the details of the mega stimulus economic package worth Rs. 20 lakh crore announced by Prime Minister Narendra Modi last night.
Apr 14, 2020, at 05:00 pm
Kolkata/IBNS: Business body ASSOCHAM on Tuesday fully supported Prime Minister Narendra Modi for extending the nationwide lockdown till May 3 for saving each and every Indian from the unprecedented global pandemic, with a firm conviction that the government would soon be announcing a large and effective financial package for protecting agriculture, industry , trade with a particular focus on the MSMEs and millions of jobs.
Greatest emergency since Independence: Former RBI Governor Raghuram Rajan over COVID-19 situation
Apr 06, 2020, at 04:15 pm
New Delhi/IBNS: Advising the Indian government to spend more on poor to manage the crisis caused by the Novel Coronavirus, former Reserve Bank of India (RBI) governor Raghuram Rajan has said the pandemic virus is the "greatest emergency since Independence".
BRICS CCI to donate Rs 1 lakh to PM CARES Fund
Apr 04, 2020, at 12:47 pm
New Delhi/UNI: The BRICS Chamber of Commerce and Industry has decided to contribute Rs one lakh to the PM CARES Fund in wake of COVID-19 outbreak in the country, the organisation’s Director General Madhukar has said.
Stimulus package to arrest economic downturn likely: Report
Mar 25, 2020, at 05:39 pm
New Delhi/ IBNS: The government is mulling a package of Rs 1.5 lakh crore to stimulate the economy of India which is currently under lockdown due to coronavirus outbreak, a Reuters report said.
Indian Rupee ends up by 30 paise against USD
Mar 13, 2020, at 06:01 pm
Mumbai/UNI: Erasing Thursday's losses, the Rupee on Friday smartly recovered by 30 paise to end strong at 73.92 on selling of US Dollars by bankers and exporters, dealers at Forex Market said.
Cabinet approves proposal for capital infusion for OICL, NICL and UIICL
Feb 12, 2020, at 05:40 pm
New Delhi/IBNS: The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its in principle approval for capital infusion for three Public Sector General Insurance Companies, namely, Oriental Insurance Company Limited (OICL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL).
China, Huawei thank PM Narendra Modi govt for allowing 5G trial participation
Dec 31, 2019, at 06:55 pm
New Delhi/UNI: China on Tuesday thanked the Indian government for allowing its telecommunication company Huawei to take part in the upcoming 5G trials and hoped that Chinese companies would get a level-playing field for win-win cooperation between the two countries.
Nov 27, 2019, at 04:06 pm
New Delhi/IBNS: The Union Cabinet chaired by Prime Minister Narendra Modi on Monday approved the Fifteenth Finance Commission to submit first report for the first fiscal year viz. 2020-21 and to extend the tenure of XV-FC to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by 30th October, 2020.
Sep 22, 2019, at 04:57 pm
Houston: Prime Minister Narendra Modi met the CEOs of the energy sector in the US on the first day of his week-long visit to the country, and later witnessed the signing of MoU between India’s Petronet and Houston-based Tellurian.