IFFCO, GCMMF (Amul), Kribhco, NAFED and NCDC will jointly promote a newly announced national-level export cooperative society with an authorised share capital of Rs 2,000 crore for the trading of goods and services in the cooperative sector. Last week, the Cabinet Committee on Economic Affairs (CCEA) approved a proposal to establish three new national-level multi-state [...]
International Road Federation (IRF), a global body advocating for safer roads, on Thursday said that it has made a plea to the government to do away with the GST imposed on helmets. At present a GST of 18 per cent is levied on helmets. "IRF...in a letter written to the Union finance minister Nirmala Sitharaman [...]
The government should take measures to promote innovation and R&D while simplifying regulations for the sector in the upcoming Union Budget, as per pharmaceutical industry bodies. Outlining the wishlist for the sector in the upcoming Union Budget, Indian Pharmaceutical Alliance (IPA) Secretary General Sudarshan Jain said the domestic pharma industry is currently around USD 50 [...]
Industry body CMAI on Thursday said it has signed an agreement with AREAS to ensure exchange of knowledge on policy and regulatory related developments and innovation in carbon market and enhance setting up of renewable energy projects. AREAS (Association of Renewable Energy Agencies of States) is a society which has been set up for regular [...]
The commerce department is in talks with the Australian government for bringing in investments in clean air technology, mining, education, and research and development in the country, additional director general of foreign trade Tapan Mazumder said on Wednesday. The Department of Commerce is having talks with the Australian government for bringing in investments in clean [...]
An Indian farmer recently used a ChatGPT interface to access an opaque government programme via the internet despite knowing only a local dialect, Microsoft chief Satya Nadella said on Wednesday to underline that the world is entering a golden age of artificial intelligence. Recent breakthroughs in the AI space and products like ChatGPT are capturing [...]
The Delhi Police has busted a gang, arresting four cheats who duped more than 1,800 people on the pretext of offering them life certificate for pensioners, officials said on Wednesday. The accused were identified as Amit Khosa, Kanav Kapoor, Binoy Sarkar and Shankar Mondal, they said. According to police, the matter came to light after [...]
West Bengal entrepreneurs from the steel, snacks and services sector showed interest in investing in Uttar Pradesh and signed Memorandums of Understanding (MoUs) for projects worth around Rs 7,000 crore, a senior UP minister said here. The projects are estimated to provide employment opportunities for 14,000 people in the north Indian state which held a [...]
Equity benchmarks declined in initial trade on Thursday, mirroring a weak trend in the US markets and fresh foreign fund outflows. The 30-share BSE Sensex declined 215.79 points to 60,829.95. The broader NSE Nifty dipped 64.10 points to 18,101.25. From the Sensex pack, Kotak Mahindra Bank, Titan, Bajaj Finserv, UltraTech Cement, Infosys, Hindustan Unilever, Larsen [...]
The Competition Commission of India (CCI) on Wednesday told the Supreme Court the issue pertaining to alleged abuse of dominant position by Google in multiple markets in the Android mobile device ecosystem is of "national importance" and the world is looking at how India is dealing with the matter. A bench of Chief Justice DY [...]
