Investment

A Rs.13,000 crore coal gasification plant to produce urea is being restarted by using technology from Air Products of the United States, the success of which will also reopen four other fertilizer plants.

The Government is committed to work towards achieving a US$26 billion Defence industry by 2025, Defence Minister Rajnath Singh said on 17 Sept 2019 in Delhi.

The Common Digital Platform for Issuance of electronic Certificates of Origin (CoO) will be a single access point for all exporters, for all FTAs/PTAs and for all agencies concerned.

The Indian Ambassador to Indonesia, Pradeep Kumar Rawat, has urged Indian and Indonesia companies to explore means to diversify trade basket through focused items such as bovine meat, sugar and rice.

The Central Government has entered into an Allotment Agreement with the West Bengal Power Development Corporation Limited (WBPDCL) regarding the Deocha Pachami Dewanganj-Harinsingha coal block for immediate as well as the forthcoming coal and power requirements of the West Bengal...

The Steel Import Monitoring System (SIMS), launched in New Delhi 16 Sept 2019, will provide advance information about steel imports to Government and stake holders including, steel industry (producers), steel consumers (importers).

Switzerland-India partnership is a special one with economic engagement driven by innovation, science and technology, President Ram Nath Kovind said at a business roundtable on the two countries.

The Reserve Bank of India has issued guidelines for ‘on tap’ licensing of small finance banks in the private sector. This comes following its announcement in the Second Bi-monthly Monetary Policy Statement, 2019-20 dated 6 June 2019.

The Steel Ministry would ensure that raw material demands of steel manufacturers, especially secondary steel producers, are met when the mining leases expire in 2020, Steel Minister Dharmendra Pradhan has assured.

The Remission of Duties or Taxes on Export Products (RoDTEP) scheme, packed up Rs.50,000 crore, will more than adequately incentivize exporters than the existing schemes put together, said Federation of Indian Export Organizations (FIEO).