Category: Corporate

The Hi Tech Robotic Systemz ltd (THRSL) has hailed Union Minister Nitin Gadkari’s vision for making Indian roads accident-proof. In a recent meeting of the National Road Safety Council (NRSC), the minister advocated for fixed driving hours for commercial truck drivers like that of pilots, as well as a policy mandating on-board sleep detection sensors in commercial vehicles to reduce road accidents in India and give relief to truck drivers. The logistics sector, which is a key enabler and the backbone of any growing economy, is primarily dependent on drivers who operate…

he first consignment of Kashmiri walnuts was recently flagged off from Budgam. A truck carrying 2,000 kgs was despatched to Bengaluru, Karnataka under the One District, One Product (ODOP) Initiative of the Ministry of Commerce & Industry. Kashmir accounts for 90% of India’s walnut production. With their superior quality and taste, the Kashmiri walnuts are a great source of nutrients and hence widely in demand across the globe. There is immense potential for this product to make its place in the local and global markets. The successful facilitation of trade was marked…

Shri K. Rajaraman has assumed the charge of Secretary, Department of Telecommunications, Government of India, vice Shri Anshu Prakash, IAS (UT:86) consequent upon his superannuation on 30th September, 2021. Prior to this, he was serving as Additional Secretary, Investments & Infrastructure, Department of Economic Affairs, Ministry of Finance. Shri K. Rajaraman is an Indian Administrative Services Officer of 1989 batch, from Tamil Nadu cadre. He has held many important positions in the Union Government which include Additional Secretary in Department of Economic Affairs, M/o Finance, Government of India and Joint Secretary…

A “Dispute Avoidance Mechanism” through ‘Independent Engineer’ (IE), has been given approval by theUnion Minister of Power, New and Renewable Energy Shri R K Singh. Being put in place for Construction Contracts of CPSEs executing Hydro Power Projects, it mandates the appointment of ‘Independent Engineers’-amechanism of an independent, third party, widely used in major infra projects, nationally as well as internationally, engaging an IndependentEngineer for the specific project who is an “Expert” having domain knowledgeof the subject as well as commercial and legal principles. This ‘independent engineer’ can have regular…

Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman has said that India needs four or five more banks like SBI. She said that we need to scale up banking to meet the changing requirements in light of shifting recent realities of economy and industry. “The way in which the economy is shifting to a different plane altogether, the way in which industry is adapting, so many new challenges keep arising. To address these challenges, we need not just more, but bigger banks.” The Union Minister shared this point of…

President Joseph R. Biden welcomed Prime Minister Narendra Modi to the White House today for their first in-person Leaders’ engagement, renewing their close relationship and charting a new course to advance the partnership between the world’s largest democracies. The Leaders affirmed a clear vision that will guide the U.S.-India relationship forward: building a strategic partnership and working together with regional groupings, including ASEAN and Quad members, to promote shared interests in the Indo-Pacific region and beyond; developing a trade and investment partnership that increases prosperity for working families in both…

A meeting with officials of the PSUs from the Steel Sector to review status of cost reduction in production of PSUs and action plan for the future was held under the Chairmanship of Union Steel Minister Shri Ram Chandra Prasad Singhlast evening. The Minister emphasised on the need to carry out macro & micro analysis of the parameters affecting the cost of production and leave no stone unturned to convert the adverse conditions into opportunities. Shri Singh directed that a road map for cost reduction through improvement in the aforementioned…

Union Minister of Rural Development & Panchayati Raj Shri Giriraj Singh will inaugurate the National Meet on SVAMITVA Scheme: A Stepping-Stone Towards Upliftment of Rural Economy on 14th September, 2021 and deliver his key note address. Union Minister of State for Panchayati Raj Shri Kapil Moreshwar Patil, Minister of State for Rural Development Shri Faggan Singh Kulaste, and Sushri Sadhvi Niranjan Jyoti will also grace the event. Ministers of State for Panchayati Raj and Rural Development will share their insightful views and remarks with the gathering during the inaugural session. Shri Sunil Kumar, Secretary,…

Swachh Survekshan Grameen, 2021 will be launched under the Swachh Bharat Mission Phase- 2 tomorrow i.e. on 9th September, 2021. As part of the ‘Azadi Ka Amrit Mahotsav’, Swachh Survekshan Grameen aims to support acceleration of ODF plus  interventions and results in the country. An expert agency has been hired to conduct the Survekshan 2021. As part of the Survekshan, Villages, Districts and States would be ranked using key parameters.   As part of Swachh Survekshan Grameen, 17,475 villages in 698 Districts across the country will be covered. 87,250 public places…