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Farmers get Rs.30,000 crore support Finance Minister Nirmala Sitharaman has announced on 15 May 2020 measures to strengthen Agriculture Infrastructure Logistics, Capacity Building, Governance and Administrative Reforms for Agriculture, Fisheries and Food Processing Sectors. These are: • Rs.1 lakh croreAgri...

Modi wants to promote domestic sectors Prime Minister Narendra Modi has held comprehensive discussion on strategies to attract more foreign investments into India as well as to promote local investments in order to boost the economy amidst the COVID-19 Pandemic. ...

Thermal coal imports to decline 22% yoy in Q2 Integrated steel mills are either reducing their capacity utilisation or suspending their operations in entirety due to supply chain disruption caused by the three-week lockdown since 25 Mar 2020. The mills,...

Implement: Rs.102 lakh crore NIP now The PHD Chamber President Dr D K Aggarwal has suggested a seven-prong strategy to mitigate the impact of coronavirus on India’s trade and industry. Firstly, as there is a drastic fall in the business...

Device built by DRDO-IIS Bangalore RaIDer-X, a new explosive detection device with capability to detect explosives from a stand-off distance, was unveiled at the National Workshop on Explosive Detection (NWED-2020) in Pune on 1 Mar 2020. The data library can...

National Solar Mission’s 100GW supports growth The India solar Inverter market is projected to grow at a CAGR of over 20.3% during 2019-2025, according to a report from the ResearchAndMarkets released 26 Feb 2020. Several policies such as National Solar...

Defence Minister Rajnath Singh has stressed that a lot still needs to be done to make India a global defence manufacturing hub despite the private sector participation in the industry.

Govt measures to revitalize growth   FICCI is hopeful that the latest repo rate cut by RBI will revive demand especially during the festive season in October 2019. “We are hopeful that the slew of these timely rate cuts will...

The government will buy 10% of the bonds issued by the Minister of Micro, Small and Medium Enterprises (MSMEs) to support them in tapping the capital market.

Indian Oil Corporation Limited (IOCL) has received environment clearance to set up a Rs.766 crore 2G Ethanol plant at Panipat from the Ministry of Environment, Forest and Climate Change.