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Public procurement from GeM portal crosses Rs 2 lakh crore this fiscal

Public procurement from GeM portal crosses Rs 2 lakh crore this fiscal

Procurement of goods and services from government portal GeM has crossed Rs 2 lakh crore this fiscal on account of an increase in buying activities by different ministries and departments. The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and [...]
FTP aims to spur e-commerce exports with series of measures

FTP aims to spur e-commerce exports with series of measures

The Foreign Trade Policy (FTP) 2023 has outlined a slew of measures like extending all FTP benefits to e-commerce exports, and doubling the value limit for exports through courier to Rs 10 lakh per consignment, with estimates pegging the potential of growth in e-commerce exports to USD 200-300 billion by 2030. To spur e-commerce exports, [...]
Govt extends mandatory fitness testing of heavy goods, passenger vehicles till Oct 2024

Govt extends mandatory fitness testing of heavy goods, passenger vehicles till Oct 2024

The government has extended the date of mandatory fitness testing through a registered Automated Testing Station (ATS) for heavy goods and passenger motor vehicles by 18 months to October 1, 2024. Earlier, the Road Transport and Highways Ministry (MoRTH) had said that fitness testing for heavy goods vehicles and heavy passenger motor vehicles through an [...]
Over 1 crore mobile numbers linked with Aadhaar in Feb

Over 1 crore mobile numbers linked with Aadhaar in Feb

Over 1 crore mobile numbers were seeded in Aadhaar following requests from residents in the month of February, an official statement said on Friday. The linking of mobile numbers with Aadhaar jumped 93 per cent in February from 56.7 lakh registration in January, according to the Unique Identification Authority of India (UIDAI). "Over 10.97 million [...]
Untimely rains and hails damage about 20% of mango crop: ICAR

Untimely rains and hails damage about 20% of mango crop: ICAR

The mango crop in the country has been damaged up to 20 per cent because of untimely rains, hailstorm and strong wind, according to senior ICAR officials. Many mango growers said the damage has been huge in North India due to hailstorm and thunderstorm. Mango is an important fruit crop in India and popularly called [...]
Sebi extends compliance period for 3 yrs for large corporates to raise 25% of incremental borrowings via debt mkt

Sebi extends compliance period for 3 yrs for large corporates to raise 25% of incremental borrowings via debt mkt

Capital markets regulator Sebi on Friday extended the compliance requirement to three years for 'large corporates' to raise at least 25 per cent of their incremental borrowings through debt securities to a contiguous block from two years at present. This comes after the board of Sebi approved a proposal in this regard on Wednesday. Currently, [...]
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