The National Council for Cement and Building Materials-Incubation Centre (NCB-IC) was inaugurated today by Joint Secretary, DPIIT, Ministry of Commerce and Industry, Shri Sanjiv today in the presence of Vice-Chairman-NCB and VC & MD-Star Cement Ltd., Shri Rajendra Chamaria; Strategic Advisor to Dalmia Cement (B) Ltd., Shri Mahendra Singhi; and Director General-NCB, Dr. L P […]
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Unified Logistics Interface Platform (ULIP) continues to lead the charge in transforming India’s logistics sector. Today, a groundbreaking workshop was held under the chairmanship of Shri Rajesh Kumar Singh, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT). The event, hosted at Vanijya Bhavan, saw enthusiastic participation from representatives of various states including Telangana, […]
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Mr. Maheshkumar, Director – SME Chamber of India delivering Welcome and Introductory address Mr. T R Vardhan – Director – Mascot Systems Pvt. Ltd. addressing the delegates on Credibility and credit worthiness for SMEs. Mr. Reetabrata Bhattacharya, General Manager, Marketing & Business Development, ARISE IIP India addressing the delegates on Emerging business, Exports & investment […]
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Wholesale inflation rose to a 13-month high of 1.26% in April compared with 0.53% in the previous month, as food inflation went up further and fuel and power prices increased on a year-on-year basis after a gap of 11 months. The year-on-year WPI (Wholesale Price Index) inflation hardened to a 13-month high of 1.3% in […]
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The Reserve Bank of India and banks are looking to get beneficiaries of the Government’s direct benefit transfer (DBT) schemes to do their routine transactions on the Unified Payments Interface (UPI) platform, in a bid to make more people transact digitally instead of cash. The National Payments Corporation of India (NPCI), which runs UPI, is […]
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The above measures are intended to guarantee that construction projects adhere to high standards of quality and safety, benefiting homebuyers and bolstering the overall credibility of the real estate sector. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed that realty developers provide an annual self-declaration of their projects’ quality assurance based on multiple parameters […]
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Car sales in the local market rose 1.3% to 335,629 units last month. Automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained for the last two financial years. A high base due to the strong growth in the last two years weighed on the year-on-year comparison, resulting […]
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Demand for leather goods, footwear, apparel up 10-20% since Dec; FY25 exports seen up at $500 bn. Improved demand in the European Union, West Asia and the US has boosted export order books by at least 10% from six months ago, signalling a possible recovery from last year. Overall, the order position has improved 15-20% […]
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Public sector banks’ cumulative profit crossed ₹1.4 lakh crore in the financial year ended March 2024, recording a growth of 35% over the previous year on a high base of ₹1 lakh crore. The 12 Public Sector Banks (PSBs) together had earned a net profit of₹1,04,649 crore in 2022-23. Out of the total profit of […]
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U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters, who give his economic policies low marks. Biden will keep tariffs put in place […]
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