Business

DPIIT conducts Mega Buyer-Seller Meet in J&K under ODOP

With the vision to promote sustainable trade and create market linkages, a mega buyer-seller meet was organized on 21st April 2022 in Jammu and Kashmir under the One District One Product initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry with the support of Jammu & Kashmir Trade Promotion Organization (JKTPO). […]

Business

NMDC wins 2 Awards at 80th SKOCH Summit 2022

The largest iron ore producer in India, the National Mineral Development Corporation (NMDC), under the Ministry of Steel awarded one gold and one silver award in the 80th SKOCH Summit and SKOCH Awards recently conducted by SKOCH, New Delhi. […]

Business

KVIC launches “Banarasi Pashmina” to boost self-sustainability & Artisanal Creativity

From the Himalayan highlands of Leh-Ladakh to the banks of River Ganges in Varanasi – the heritage handicraft of Pashmina has got a brand new identity. The premium Pashmina products prepared by the highly skilled Khadi weavers of Varanasi were launched by Chairman KVIC, Shri Vinai Kumar Saxena in Varanasi. […]

Business

4 Schemes introduced for Semiconductor Chip Designing and Manufacturing

India is one of the leading centers for global semiconductor design companies. Most global semiconductor design companies have set up design R&D innovation centers in India owing to the exceptional semiconductor design talent pool making up to 20% of the world’s semiconductor design engineers and the high number of design Patents/ IPR registered in India. […]

Business

New Industrial Policy For J&K

The Government of India has notified the New Central Sector Scheme for Industrial Development of Union Territory of Jammu & Kashmir (J&K) on 19/02/2021 to attract capital investments in J&K with a financial outlay of Rs 28,400 crore (Upto the year 2037). […]

Business

CIL supplied 3.32 lakh tons of Coal To Non-Power Sector

Coal India Limited (CIL) has supplied coal to the Non-Power sector to the tune of 3.32 Lakh tonne per day in FY 2021-22. At present Coal India has a stock of 60.77 Million Tonnes (MT) as of 01.04.2022 and with the Production of 700 MT in FY 2022-23, CIL is making all efforts to meet the demand of all linked sections of the industries in FY 2022-23. […]

Business

BIS grants 630 licenses to MSME toy manufacturers

The Union Minister of State for Consumer Affairs, Food and Public Distribution, Shri Ashwini Kumar Choubey in a written reply to a question in Lok Sabha today informed that the Bureau of Indian Standards (BIS) has granted 630 licenses to MSME toy manufacturers as on 28.03.2022. […]

Business

CCI issued a final order against 11 firms

The Competition Commission of India (CCI) issued a final order against eleven (11) companies/ firms which were found to have contravened the provisions of Sections 3(3)(a), 3(3)(b), 3(3)(c) and 3(3)(d) read with Section 3(1) of the Competition Act, 2002 (Act), which proscribe anti-competitive agreements. […]

Business

Best year of performance in the history of MOIL

FY 2021-22 has been one of the best years of performance in the history of Manganese Ore (India) Limited (MOIL), a schedule ‘A’ CPSE under the Ministry of Steel, as its turnover has almost touched the highest-ever achieved so far in FY 2018-19. […]

Business

Sustainable Mining in India

Before execution of a mining lease under the provisions of the Mines and Minerals (Development and Regulation) Act, 1957, every mine is required to obtain statutory clearances from various departments of the Central Government and respective State Governments, including Environmental Clearance and Forest Clearance. […]

Business

Atmanirbhar in MSMEs Sector

The Government has taken a number of initiatives under the Aatma Nirbhar Bharat Abhiyan to mitigate the negative impact of Covid-19 on small businesses, including MSMEs, in the country. […]