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BUSINESS

INDIA’S FOREIGN TRADE DATA: DECEMBER 2020

India’s overall exports (Merchandise and Services combined) in April-December2020-21* are estimated to be USD 348.49Billion, exhibiting a negative growth of (-)12.65per cent over the same period last year. Overall imports in April-December 2020-21* are estimated to be USD 343.27Billion, exhibiting a negative growth of (-) 25.86per cent over the same …

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Steel Minister Dharmendra Pradhan exhorts industry to become export-centric;Participates in a webinar on “New opportunities for steel in construction and infrastructure”

Minister of Steel and Petroleum and Natural Gas Dharmendra Pradhan today addressed a webinar on “New opportunities for steel in construction and infrastructure”, organized by Indian Steel Association. Pradhan speaking on the occasion exhorted the steel industry leaders to focus on making the industry export-centric and fulfill global requirements too. …

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Tamil Nadu becomes the 11th State to complete One Nation One Ration Card system reform ;Additional borrowing permission of Rs.4,813 crore issued to Tamil Nadu

Tamil Nadu has become the 11th State in the country to successfully undertake “One Nation One Ration Card system” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs.4,813 crore through Open Market Borrowings. Permission for the same …

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NSIC and Airtel join forces to accelerate Digital Transformation of Indian MSMEs

Udaipur.  Bharti Airtel (“Airtel”), India’s premier communications solutions provider, is stepping up initiatives to accelerate the digital transformation of Micro, Small and Medium Enterprises (MSME) in India by partnering with National Small Industries Corporation (NSIC), A Government of India Enterprise having its mission “to promote and support MSME sector by providing …

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First Advance Estimates of National Income, 2020-21

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for the financial year 2020-21 along with the corresponding estimates of expenditure components of the Gross Domestic Product (GDP). 2.  The First Advance …

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Ministry of Railways extends time limit beyond six months for cancellation of PRS counter tickets and refund of fare across reservation counters for the journey period 21.03.2020 to 31.07.2020

Ministry of Railways has decided to extend the time limit beyond six months and upto nine months from the date of journey for cancellation of PRS counter tickets and refund of fare across reservation counters for the journey period 21.03.2020 to 31.07.2020. It is applicable only for regular time tabled …

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Details of Freight Corridor dedicated explained.

Dedicated Freight corridor, whose Rewari – Madar section on Western corridor, was dedicated to the Nation by Prime Minister Narendra Modi today, is going be the game changer in economic development of the country. Dedicated Freight Corridor Corporation of India is constructing the Western DFC (1506 Route km) and Eastern …

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HDFC Bank witness loan growth of 19% in Q3FY21

HDFC Bank has witnessed a loan growth of 19 percent to Rs 10,82,000 crore during the third quarter ended December 2020 (Q3FY21). The bank had an outstanding loan of Rs 9,36,000 crore as of December 31, 2019, and a growth of around 4 percent. It stood at Rs 10,38,300 crore …

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