After five days of arduous discussions at the World Trade Organization (WTO), sources indicate that India made a significant influence, with its point of view expressed in all sectors, and that the country’s interests were not put at risk whatsoever. On June 17, Commerce and Industry Minister Piyush Goyal also stated that India had a fantastic triumph at the … Read more
On the occasion of the 60th birthday of Adani Group’s chairman Gautam Adani, he and his family decided to donate Rs 60,000 crore for social causes. The Adani Foundation will administer this corpus for various social causes. According to reports, the Adani Foundation will oversee the donations, which will be used to support healthcare, education, and … Read more
Prime Minister Narendra Modi today urged the state governments to clear the outstanding dues to power generation and distribution companies, saying that unpaid dues have crippled the power companies. He made the comments while launching the Revamped Distribution Sector Scheme of the power ministry, which aims to improve the quality, reliability and affordability of power supply to … Read more
Akasa Air, the newest airline in India backed by investor Rakesh JhunJhunwala, has received the nod from the Directorate General of Civil Aviation to start operations. The airline today informed that is has been granted the Air Operator Certificate (AOC) by the civil aviation regulator in the country. “We are pleased to announce the receipt … Read more
The Directorate of Revenue Intelligence (DRI), according to a statement made public on Wednesday, conducted searches at the premises of mobile company Oppo India and found evidence of the firm evading customs taxes to the tune of Rs 4,389 crore. Oppo India is owned by Guangdong Oppo Mobile Telecommunications Corporation Ltd, a Chinese company. During the course of … Read more
The Food Safety and Standards Authority of India (FSSAI) has refuted media reports claiming that it allowed 10 times more pesticide residues in herbs and spices. The food safety regulator issued a press note Terming the reports “false and malicious”, and asserted that India has one of the most stringent standards of Maximum Residue Limits (MRLs) in … Read more
75 international delegates from election management bodies (EMBs) of 23 countries have arrived in India to witness the 2024 Lok Sabha elections. Election Commission of India invited them to India to foster a culture of transparency and reiterate its commitment to high standards of electoral practices amidst the democratic nations, CEC Rajiv Kumar said. Additionally, media representatives … Read more
The Modi government recently completed 8 years of rule in the country. Reports released by the government state that the Public Sector Banks (PSBs) have recovered bad loans worth Rs 6.42 lakh crore since the financial year 2015. Along with this, 98.5% of willful defaulters have also been sued. According to the reports, from the financial … Read more
On August 8, the Comptroller and Auditor General of India (CAG) tabled a report [PDF] in the Lok Sabha in which it flagged critical concerns in the gems and jewellery sector. The report suggests that the import of pearls in India from financial years 2013-14 to the financial year 2018-19 was 3 to 10 times higher compared … Read more
India on Thursday rejected the report of the US Commission on International Religious Freedom that accused the ruling Bharatiya Janata Party (BJP) of “reinforcing discriminatory nationalist policies” and said the organisation is completely ‘biased’ and it doesn’t even expect from the organization to understand country’s diverse, pluralistic and democratic ethos. “The US Commission on International … Read more