ECONOMY

ECONOMY

Funds 2024-25 units stage for India’s drive to self-reliance by Essential Mineral Mission: GK Reddy 

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India’s Essential Mineral Mission – introduced in Funds 2024-25, will look to safe such assets by partnerships with different mineral-rich international locations. It should additionally handle problems with availability whereas guaranteeing provides of such minerals in home market, says G Kishan Reddy, Union Minister of Mines.  The Mission may also look to up capacities in … Read more

A fragmented state-wise levy on minerals may negatively impression downstream industries

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The latest Supreme Courtroom verdict ruling that the central authorities can not limit the powers of the state to resolve the charges of royalties on minerals won’t have an effect on authorities of India’s revenues, the union Finance Secretary, Dr T V Somanathan mentioned immediately. Responding to a query raised by N Ram, Director of … Read more

Social Innovation Summit intention ₹500 cr CSR funds for Kerala NGOs

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Efforts might be made to supply CSR funds amounting to ₹500 crore to voluntary organizations in Kerala over the subsequent three years, as introduced on the Nationwide NGO Confederation’s first Social Innovation Summit. The CSR funds obtainable in Kerala for the monetary yr 2021-22 quantity to ₹240 crore, with Ernakulam district receiving the best share. … Read more

Holistic sustainability of the tea plantation trade: Means ahead

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The tea plantation Trade is clearly at a crossroads and financially confused, affecting each the fortune of the buyers and the numerous thousand plantation employees who’re depending on this trade for generations. This place shouldn’t be a shock end result for a enterprise that has 65 per cent of its price of manufacturing loaded on … Read more

Govt goals for GST Council-type mannequin in agri advertising

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Undeterred by the delay of the committee requested to submit a report on the efficient implementation of the minimal help value (MSP), the Centre is contemplating establishing a committee of all State ministers of agriculture advertising with the target of creating uniform taxes and levies on agriculture commodities in addition to free inter-State motion. Although … Read more

Viksit States should for Viksit Bharat, says PM; Opposition alleges political discrimination

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On a day when ten Chief Ministers from Opposition-ruled States boycotted the ninth Governing Council Assembly of NITI Aayog on Saturday owing to “political discrimination”, Prime Minister Narendra Modi stated the imaginative and prescient of Viksit Bharat could be realised by Viksit States, and urged every of them to create particular person imaginative and prescient … Read more

PNB Q1 consolidated internet up 207% at ₹3,716 crore pushed by decrease NPAs

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Aided by robust operational efficiency and decrease NPA provisioning, Punjab Nationwide Financial institution (PNB) on Saturday reported a 207 per cent enhance in consolidated internet revenue for the primary quarter ended June 30 at ₹3,716 crore (₹1,211 crore). The most recent bottomline efficiency of nation’s second largest public sector financial institution can be increased than … Read more

Vistara to supply free Wi-Fi to all passengers on choose worldwide flights

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Vistara will provide 20 minutes of complimentary Wi-Fi to all passengers on choose worldwide flights becoming a member of different international airways offering free service to draw passengers. Additionally learn: NCLT approves Vistara, Air India merger The airline started providing complimentary Wi-Fi service to its loyalty programme members final November and now the provide has … Read more

Integrating ESG rules heralds a brand new period in sustainable agriculture 

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The spectre of feeding a burgeoning international inhabitants whereas mitigating local weather change and preserving biodiversity has forged an extended shadow over agriculture. The traditional Inexperienced Revolution, whereas undeniably profitable in boosting yields, has additionally left an indelible mark on the atmosphere, marked by intensive useful resource consumption, soil degradation, and water shortage. With agriculture … Read more

Power in Central Ministries/Dept set to return down by round 48,000

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The variety of officers and workers power in Central authorities’s Ministries and Ministries is estimated to drop by round 48,000 or little over 1 per cent as on March 1, 2025. Nevertheless, this discount on complete expenditure on pay and allowance together with journey ones which is estimated to develop by round 10 per cent … Read more