Category: Corporate

Steel Authority of India Limited (SAIL), the Maharatna steelmaking Public Sector Undertaking, is participating in an exhibition organized by Department of Public Enterprises (DPE) to commemorate the ‘Azadi Ka Amrit Mahotsav’ (AKAM) at Mahatma Mandir Convention and Exhibition Centre, Gandhinagar, Gujarat from 9th to 12th June, 2022. The exhibition was inaugurated by Shri Bhupendrabhai Patel, Chief Minister of Gujarat and Smt Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs. Smt Soma Mondal, Chairman SAIL & SCOPE was also present during the occasion.  DPE, with support of CPSEs and SCOPE,…

  The Ministry of Coal has released the task completion status of Agenda for the year 2021-22 which broadly focused on: 1.Coal Sector Reforms 2. Coal Transition and Sustainability 3. Institution Building 4. Futuristic Agenda. This was a debut Agenda document of the Ministry for 2021-22 which had been brought out as  a compilation and provided to all senior officers with  the responsibility of steering the four broad focus areas through the year with regular monitoring and appraisals.There were 24 tasks in total, out of which four tasks are being…

India’s mining major National Mineral Development Corporation (NMDC), under Ministry of Steel is continuing on the growth trajectory, produced 3.2 Million Tonnes (MnT) and sold 2.65 MnT in the second month of FY23. Iron ore production in May 2022 was 14.3% higher than the 2.8 Million Tonnes (MnT )produced in May 2021. NMDC’s cumulative production upto May 2022 stood at 6.35 (Million Tonnes) MnT, a 7.4% growth from the cumulative production of 5.91 (Million Tonnes )MnT upto May 2021. The largest iron ore producer of India sold 5.77( Million Tonnes…

As shortages raise concerns about renewed power outages, the world’s largest coal miner, state-run Coal India will import the fuel for use by utilities, a power ministry letter seen by Reuters showed on Saturday, Coal India had last imported fuel in 2015.    “Coal India would import coal for blending on government-to-government (G2G) basis and supply … to thermal power plants of state generators and independent power producers (IPPs),” the Power Ministry said in the letter dated May 28. The letter was sent to all utilities, top federal and state…

The Prime Minister Shri Narendra Modi addressed the ‘Garib Kalyan Sammelan’ in Shimla, Himachal Pradesh today. This unique public event was organized in state capitals, district headquarters and Krishi Vigyan Kendras across the country to commemorate the completion of eight years of the government led by Prime Minister Modi. The idea behind this programme was to enable the elected public representatives across the country to interact directly with the public to get feedback about the various welfare programmes being run by the government. On the occasion, the Prime Minister Shri…

: The price for a commercial LPG cylinder has been reduced by Rs 135 with immediate effect from today. With the latest reduction, a 19- kg commercial Liquefied petroleum gas (LPG) cylinder in Delhi will now cost Rs2219. Prior to the reduction in prices, the commercial LPG cylinder was priced at Rs 2454 in Kolkata, Rs 2306 in Mumbai, and Rs 2507 in Chennai. After the respite, the rate for a commercial LPG cylinder in Kolkata is now Rs 2322, Rs 2171.50 in Mumbai and Rs 2373 in Chennai. This…

Wheat procurement under the central pool is progressing in Rabi Marketing Season 2022-23 in the States/UTs of Punjab, Haryana, Rajasthan, Uttar Pradesh and Bihar.      Upto 29.05.2022, a quantity of 184.58 LMT of wheat has been procured, benefiting about 17.50 Lakh farmers with MSP value of Rs.37,192.07 crore. Wheat Procurement in RMS 2022-23 (upto 29.05.2022)/ As on 30.05.2022 State/UT Quantity of wheat Procured (MTs) No of farmers benefitted MSP value (Rs. In Crore)  PUNJAB 9616811 797795 19377.87  HARYANA 4097380 307761 8256.22   UTTAR PRADESH  284035 69874 572.33   MADHYA PRAESH 4445964…

The Centre will develop a framework to keep check over fake reviews on E-Commerce websites. The Department of Consumer Affairs (DoCA) after studying the present mechanism being followed by the E-Commerce entities in India and best practices available globally, will develop these frameworks. DoCA in association with the Advertising Standards Council of India (ASCI) along with various stakeholders like E-Commerce entities, Consumer Forums, Law Universities, Lawyers, FICCI, CII, Consumer Rights Activists and others in a meeting discussed the magnitude and roadmap ahead for fake reviews on websites. Since e-commerce involves…

Rice exports from India, also the world’s second biggest consumer of the grain, jumped to a record 21.2 million tonnes in the fiscal year to March 2022 from 17.8 million tonnes the previous year. The Centre has no plan to curb rice exports as the world’s biggest exporter of the staple has sufficient stocks and local rates are lower than state-set support prices, Reuters reported, quoting trade and government sources. India banned wheat exports on May 14, just days after New Delhi forecast record shipments of 10 million tonnes this…

Celebrating the completion of 20 years of the establishment of the Indian School of Business (ISB) here in Hyderabad, Prime Minister Narendra Modi said that ISB is one of the top business schools in Asia. He said the world’s third-largest startup ecosystem and consumer market are in India. “We all are celebrating the completion of 20 years of the establishment of ISB. Today many colleagues have got degrees and gold medals. It has been the penance of many people to take ISB to this stage of success. Remembering all of…