Day: March 20, 2024

NHAI Completes Largest InvIT Monetization of Over Rs. 16,000 CroreThrough ‘Round 3’

Manish Kumar

National Highways Infra Trust (NHIT), the infrastructure Investment Trust by the National Highways Authority of India (NHAI), has successfully concluded fund-raising through ’InvIT Round-3’forNational Highway stretches of aggregate length of 889 kilometers at an Enterprise Value of over Rs. 16,000 crore, which is the largest monetization by NHAI and one of the largest transactions in the history of Indian road sector.The Letter of Acceptance (LOA) to raise the highest ever concession value through ’InvIT Round-3’was issued last month in February 2024. In the third round of monetization, NHIT has raised…

Railway Protection Force and National Commission for Women Unite Against Human Trafficking

Manish Kumar

In a significant step towards combating human trafficking, the National Commission for Women (NCW) today signed a Memorandum of Understanding (MoU) with the Railway Protection Force (RPF). Through this collaborative effort, both organizations pledged to provide training and sensitize RPF officials to effectively address the problems of women trafficking within the Indian Railway network. The National Commission for Women and the Railway Protection Force came together to announce a landmark Memorandum of Understanding (MoU) aimed at strengthening efforts to combat human trafficking across India. The MOU was signed by NCW…

Gross Direct Tax collections for Financial Year (FY) 2023-24 register a growth of 18.74%

Manish Kumar

The provisional figures of Direct Tax collections for the Financial Year 2023-24 (as on 17.03.2024) show that Net collections are at Rs. 18,90,259 crore, compared to Rs. 15,76,776 crore in the corresponding period of the preceding Financial Year (i.e. FY 2022-23), representing an increase of 19.88%. The Net Direct Tax collection of Rs. 18,90,259 crore (as on 17.03.2024) includes Corporation Tax (CIT) at Rs. 9,14,469 crore (net of refund) and Personal Income Tax (PIT) including Securities Transaction Tax (STT) at Rs. 9,72,224 crore (net of refund). The provisional figures of Gross collection of Direct Taxes (before adjusting…

Startup Mahākumbh witnesses record-breaking participation and enthusiasm

Manish Kumar

Keynote addresses: Renowned industry leaders and policymakers addressed the gathering, sharing their perspectives on the critical role startups play in India’s economic growth and development Future Entrepreneurs Day: With a focus on cultivating the entrepreneurial spirit among students, the Future Entrepreneurs Day is expected to gather close to 3,000 individuals handpicked by colleges and incubators nationwide for their inclination towards entrepreneurship. 10 thematic pavilions: To showcase the variety and depth of the phenomena on – Deeptech, AI & SaaS, Fintech, Agritech, Biotech & Pharma, Climate Tech, Gaming & E-Sports, D2C,…

ICAR and Krishi Jagran signs a MoU for the dissemination & promotion of ICAR’s initiatives for the growth of Indian Agriculture and farmers’ welfare today

Manish Kumar

The Indian Council of Agricultural Research and Krishi Jagran Pvt Ltd signed a MoU for the dissemination & promotion of ICAR’s initiatives for the growth of Indian Agriculture and farmers’ welfare today. Dr. U.S. Gautam, Deputy Director General (Agril. Extension) ICAR and Shri M.C Dominic, Founder & Editor-In-Chief, Krishi Jagran Pvt Ltd, signed the MoU for their respective organisations. (Source: ICAR-Agriculture Extension, New Delhi) DDG Dr. U.S. Gautam emphasised educating the farmers about the upgraded scientific technologies related to agriculture which will help them yield higher profits in improving their…