The government has no plan to use Aadhaar data for census, Minister of State for Electronics and IT Rajeev Chandrasekhar told Lok Sabha on Wednesday. "The Office of the Registrar General and Census Commissioner of India has informed that there is no plan to use Aadhaar data for census," he said in a written reply. [...]
Pharma exporters body are conducting regular interactions with the authorities of African and Commonwealth of Independent States (CIS) countries to build confidence and ensure continuity of trade, Parliament was informed on Wednesday. These interactions assume significance on the backdrop of two recent incidents of alleged cough syrup adulteration/sub-standard items found in products exported to Gambia [...]
Small and medium IT companies are yet to recover from the impact of the Covid-19 induced lockdown because of the high attrition rate of their employees after upskilling, according to a survey. According to the survey by Micro Small and Medium Enterprises -Export Promotion Council (MSME-EPC), the highest attrition rate of 35 per cent is [...]
Consumer demand remained "steady" through the March quarter and the FMCG sector is expected to witness a gradual recovery in growth rates, said Godrej Consumer Products Ltd (GCPL) on Wednesday. The performance of the Godrej group FMCG arm in the Indian market has "exceeded expectations, especially on the volume front". "We expect to deliver double-digit [...]
The country may look at importing dairy products if needed as there is a supply constraint for such items due to milk production remaining stagnant in the last fiscal, a top government official said on Wednesday. The government will intervene to import dairy products like butter and ghee, if required, after assessing the stock position [...]
Sensex and Nifty rallied nearly 1 per cent on Wednesday as the benchmark indices closed in the positive territory for the fourth straight trading session on the back of gains in IT and financial shares. A day ahead of the Reserve Bank of India's monetary policy review, the 30-share BSE Sensex surged 582.87 points or [...]
The unemployment rate in Jammu and Kashmir declined from 6.7 per cent in 2019-20 to 5.2 per cent in 2021-22 while the urban unemployment rate dipped by 1.1 percentage points, according to the Economic Survey Report 2022-23. The report, released by Jammu and Kashmir Chief Secretary Arun Kumar Mehta recently, stated that the labour force [...]
The major commodities in which India has a trade deficit with China include electronic components, computer hardware, telecom instruments, industrial machinery for dairy and organic chemicals, Parliament was informed on Wednesday. Some of the services in which India has a trade deficit with China include construction, telecommunication, computer and information services, maintenance and repair services, [...]
India's sugar production fell 3 per cent to 299.6 lakh tonnes in the first six months of the 2022-23 marketing year ending September, according to industry body ISMA. Sugar output stood at 309.9 lakh tonnes in the corresponding period of the previous year. The sugar marketing year runs from October-September. As per the data, sugar [...]
The Foreign Trade Policy (FTP) for 2023 announced recently will further boost business sentiments to reach the aspirational target of India becoming a leader in exports, leading industry bodies said. Chairman of CII national committee on exports and imports Sanjay Budhia said that reduction in export performance threshold in the new FTP will enable exporters [...]
