New Delhi, May 27 (IANS) Union Minister for Development of the North Eastern Region (DoNER) Jyotiraditya Scindia on Wednesday highlighted Prime Minister Narendra Modi’s vision to transform the North Eastern region into a major hub for high-value agricultural and horticultural products. Jointly with Tripura Chief Minister Manik Saha and the state’s Agriculture and Farmers’ Welfare Minister Ratan Lal Nath, launching the Rs 236 crore ‘Mission Queen Pineapple, Tripura’, Scindia stated, “Under Prime …
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New Delhi, May 23 (IANS) Union Defence Minister Rajnath Singh on Saturday will inaugurate a major ammunition manufacturing facility in Shirdi, Maharashtra, marking a significant step towards strengthening India’s indigenous Defence production capabilities under the Centre’s ‘Atmanirbhar Bharat’ initiative.The artillery shell manufacturing unit, located at the Savali Vihir Industrial Estate of the Maharashtra Industrial Development Corporation (MIDC) near Shirdi in Ahilyanagar district, has b…
Gandhinagar, May 16 (IANS) The intra-BRICS merchandise trade has risen thirteen-fold, from $ 84 billion in 2003 to $ 1.17 trillion in 2024, outpacing the growth in global trade and contributing to greater resilience and diversification for member countries, Rajesh Agrawal, Commerce Secretary said on Saturday.Speaking at 2nd meeting of the BRICS Contact Group on Trade and Economic Issues (CGETI) here, the top government official underscored that BRICS has continued to grow stronger and has emerge…
Mumbai, May 9 (IANS) A Mumbai-based strategic think tank, will host a seminar titled ‘Atmanirbharta in Defence: Opportunities for MSMEs’ on May 11. Supported by the Indian Navy, the seminar adopts the theme ‘Make in India for the World’ and commemorates the completion of one year of Operation Sindoor.It aims to highlight the unprecedented opportunities emerging for Indian MSMEs in the country’s rapidly expanding defence manufacturing ecosystem.The seminar is expected to bring together …
New Delhi, April 27 (IANS) India’s nodal cybersecurity agency, the Indian Computer Emergency Response Team (CERT-In), has issued a high-severity alert warning that rapid advances in frontier artificial intelligence are fundamentally reshaping the cyber threat landscape, raising fresh concerns across the technology ecosystem.In an advisory titled “Defending Against Frontier AI Driven Cyber Risks”, CERT-In said the growing sophistication of next-generation AI systems is enabling attackers to…
New Delhi, April 27 (IANS) The Federation of Indian Export Organisations (FIEO) on Monday welcomed the signing of the India–New Zealand Free Trade Agreement, calling it a strategic milestone that will expand market access, deepen economic ties and create opportunities for exporters, especially micro, small and medium enterprises.FIEO President, S C Ralhan said that the FTA will open new bilateral trade avenues for Indian exporters across agriculture, textiles, pharmaceuticals, engineering good…
Mumbai, April 9 (IANS) The Reserve Bank of India’s continued focus on boosting economic growth, along with its proposed regulatory changes for non-banking financial companies (NBFCs), is expected to bring greater strength and clarity to the sector, Rajesh Sharma, Managing Director of Capri Global Capital Limited said on Thursday.In an interaction with IANS, Sharma said that the RBI’s regulatory frameworks have historically brought transparency and stability, and the proposed changes for NBFC…
New Delhi, 9 April (IANS) Apex business chamber FICCI on Thursday indicated that early signs of stress due to the West Asia conflict are visible across sectors, warranting proactive measures to mitigate immediate risks and build long-term resilience. In a report titled West Asia Conflict: Implications for India and Imperatives for Industry and Government, FICCI suggested a two-pronged strategy for industry, focused on financial resilience and operational continuity. Firms are encouraged to se…
New Delhi, April 7 (IANS) The Production-Linked Incentive (PLI) Scheme for the food processing industry has attracted investments of Rs 9,207 crore and generated around 3.29 lakh jobs so far, the government said on Tuesday.Launched by the Ministry of Food Processing Industries, the scheme is being implemented over six years from FY 2021-22 to FY 2026-27 with a total outlay of Rs 10,900 crore.It aims to increase value addition, expand processing capacity and generate employment, particularly in r…
Mumbai, March 28 (IANS) In a push for “Ease of Doing Business,” Maharashtra Chief Minister Devendra Fadnavis on Saturday announced significant reforms to the state’s industrial licensing process. Of the 33 previously required mandatory permissions, 20 have now been shifted to a self‑certification model. He assured that efforts are underway to reduce the remaining 13 permissions in the near future.The Chief Minister further stated that electricity rates in the state are set to d…