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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Agartala, May 26 (IANS) Amid growing global economic uncertainty triggered by geopolitical tensions, including the ongoing conflict involving Iran and the United States, the Indian banking sector remains strong, stable, and poised for sustained growth, Secretary of the Department of Financial Services (DFS) under the Union Finance Ministry, M. Nagaraju, said here on Tuesday. Addressing the media on the sidelines of a Credit Outreach Programme organised by the State Level Bankers Committee at Rab…
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…
Paramaribo, May 8 (IANS) External Affairs Minister (EAM) S. Jaishankar on Friday spoke on the theme ‘Partnership for Progress’ in Paramaribo, Suriname, and highlighted India’s global role, stressing the need for partnership for progress. EAM Jaishankar took to social media ‘X’ and said, “Spoke on the theme ‘Partnership for Progress’ at Paramaribo this evening. Thank FM Melvin Bouva for his presence and the Ministry of Foreign Affairs Suriname for organising the programme.””Made the case th…
Paramaribo, May 7 (IANS) External Affairs Minister (EAM) S. Jaishankar on Thursday handed over a fruit processing facility in Paramaribo city of Suriname, which was established with financial assistance from India. India provided fruit processing machinery to Suriname, funded under the USD 1 million Small and Medium Enterprises grant announced by External Affairs Minister S. Jaishankar in 2025.During his remarks at the event, the Minister said, “This project also serves to underline a larger m…
New Delhi, May 7 (IANS) The Prime Minister’s Employment Generation Programme (PMEGP) has generated opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country, the government said on Thursday.The Ministry of Micro, Small and Medium Enterprises’ flagship scheme, implemented through the Khadi and Village Industries Commission (KVIC), continues to play a pivotal role in promoting entrepreneurshi…
New Delhi, April 15 (IANS) The government has approved more than 5.27 lakh guarantees worth Rs 92,000 crore for MSMES during February–March this year, demonstrating strong institutional support for the sector amid the global challenges triggered by the West Asia conflict, according to the Ministry of Micro, Small and Medium Enterprises on Wednesday.Over 20 lakh MSMEs were newly registered on the ministry’s Udyam portal during February–March 2026, taking the total number of registered enter…
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 6 (IANS) Pakistan’s decision to raise petrol prices to Rs 458.40 per litre, with a petroleum levy of Rs 161 per litre, risks “a structural shock on an already fragile economy,” a new report has said.The report from Business Recorder said that the hike necessary under the constraints of the IMF programme will pass through supply chains, inflating input costs, compressing margins, and ultimately dampening output.The hike also aims to mobilise revenue after the administration mis…
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…