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Centre to develop framework to check fake reviews on E-Commerce websites

Leave a Comment / BUSINESS & ECONOMY / By / May 28, 2022

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 …

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Minister of State for Commerce & Industry Smt. Anupriya Patel launches Indian Business Portal – e-commerce marketplace

Leave a Comment / BUSINESS & ECONOMY / By / May 27, 2022

Union Minister of State for Commerce & Industry Smt. Anupriya Patel launched the Indian Business Portal – An International Trade Hub for Indian Exporters and Foreign Buyers here today. FIEO in partnership with GlobalLinker, has designed and developed the “Indian Business Portal”, an International Trade Hub for Indian Exporters and Foreign Buyers. This is a …

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Technology Innovation Hub paving the way towards India’s cybersecure future

Leave a Comment / INDIA / By / May 27, 2022

A surveillance system installed at the National Highways Authority of India headquarters at Dwarka keeps track of the health of all the computers in its network, flagging attempts to hack into the system, malware in systems within the network, or malfunctioning programme being used. Installed in 2021, the Security Operation Centre (SoC) titled C3iVazra has …

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New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved

Leave a Comment / BUSINESS & ECONOMY / By / May 27, 2022

The Government has approved New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP), which will be implemented during 15th Finance Commission Cycle(2021-22 to 2025-26). The scheme aims at enhancing the competitiveness and productivity of Micro & Small Enterprises by undertaking interventions such as: Common Facility Centers (CFCs): The central government grant will be restricted to …

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DEA organises a 2-day workshop on Awareness Building and Guidance on using the PPP Toolkits

Leave a Comment / BUSINESS & ECONOMY / By / May 26, 2022

A two day -workshop on Awareness Building and Guidance on using the PPP Toolkits was organized by the Department of Economic Affairs (DEA), Ministry of Finance, in collaboration with Foreign, Commonwealth and Development Office, UK with an objective to sensitize and train government officials in using PPP toolkits for decision making in PPP projects. The Training programme …

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Delhi Customs launches Project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram

Leave a Comment / BUSINESS & ECONOMY / By / May 26, 2022

Chief Commissioner, Delhi Customs Zone, Shri Surjit Bhujabal inaugurated project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram, here today. Project NIGAH is an initiative to track container by using ICTM (ICD Container Tracking Module) which will help in better visibility of the container movement inside the ICD. It will help Customs to expedite long standing containers …

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DRI seizes 52 kg Cocaine worth over Rs 500 crore under Operation Namkeen

Leave a Comment / BUSINESS & ECONOMY / By / May 26, 2022

Continuing its streak of significant seizures, the Directorate of Revenue Intelligence (DRI) has recovered 52 kg of cocaine, estimated to be valued at over Rs 500 crore in the international illicit market, from an import consignment. On the basis of extensive data analysis and field surveillance, intelligence was developed by DRI that certain consignments being imported from Iran were likely to …

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GST evasion of crores of rupees in Muzaffarnar, there was a stir

Leave a Comment / GST / By / May 23, 2022

GST’s SIB team has caught a fake firm that evaded tax worth crores. A case has been registered against this firm DM Traders, created on the basis of fake papers, at Purkaji police station. SIB Deputy Commissioner LS Sharan said that information was received that some firms in the district are playing the game of …

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Tea Board India Celebrates Third International Tea Day

Leave a Comment / INDIA / By / May 22, 2022

The Union Minister of State for Commerce and Industry Smt Anupriya Patel has urged to promote and foster collective action towards sustainable production of tea recognizing that globally the trend is moving towards better quality and organic teas.  While virtually addressing the programme organised by Tea Board India on Saturday (May 21, 2022), to celebrate …

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Prime Minister’s Statement ahead of his visit to Japan

Leave a Comment / INDIA / By / May 22, 2022

will be visiting Tokyo, Japan from 23-24 May 2022 at the invitation of His Excellency Mr. Fumio Kishida, Prime Minister of Japan. In March 2022, I had the pleasure of hosting Prime Minister Kishida for the 14th India-Japan Annual Summit. During my visit to Tokyo, I look forward to continuing our conversation further, with an aim …

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Foundation stone laid for SAI National Centre of Excellence in North Bengal’s Coochbehar district

Leave a Comment / INDIA / By / May 21, 2022

Minister of State for Sports ShriNisith Pramanik and Minister of State for Railways Smt. Darshana Jardosh laid the foundation stone of the Sports Authority of India National Centre of Excellence in Coochbehar on Saturday. A Memorandum of Understanding was also signed between SAI and the Ministry of Railways on the occasion. Union Minister for Youth …

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All-India Consumer Price Index Numbers for Agricultural and Rural Labourers – April, 2022

Leave a Comment / INDIA / By / May 21, 2022

The All-India Consumer Price Index Number for Agricultural and Rural Labourers (Base: 1986-87=100) for the month of April, 2022 increased by 10 points each to stand at 1108 (One thousand one hundred and eight) and 1119 (One thousand one hundred and nineteen) points respectively. The major contribution towards the rise in general index of Agricultural Labourers …

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EPFO adds 15.32 Lakh Net Subscribers in March, 2022

Leave a Comment / EPFO / By / May 21, 2022

The provisional payroll data of EPFO released on 20th May 2022 highlights that EPFO has added 15.32 lakh net subscribers in the month of March, 2022. Month-on-month comparison of payroll data shows an increase of 2.47 lakh net subscribers in March, 2022 comparing with the net additions during the month of February, 2022. Of the total …

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16-year-old Indian Grandmaster R Pragyanand’s blast, beat the world champion for the second time in a year

Leave a Comment / INDIA / By / May 21, 2022

16-year-old Indian Grandmaster R Praggnanandhaa (Chessable Masters Indian teenager Praggnanandhaa) beat Magnus Carlsen for the second time this year to outperform the current world champion in the fifth round of the Chessable Masters. Earlier this year, Pragyanand had defeated Carlson and now after three months he has once again made a big bang by outperforming …

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Mid Sea Drug Bust: DRI & ICG interdict 218 kg Heroin

Leave a Comment / BUSINESS & ECONOMY / By / May 21, 2022

An operation was launched by DRI after it assiduously and meticulously developed specific intelligence over a period of several months that two Indian boats would be sailing from the coast of Tamil Nadu and would receive narcotics in huge quantity somewhere in the Arabian sea, during the second/third week of May 2022.       …

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RBI board reviews the economic situation, approves giving dividend of Rs 30,307 crore to the central government

Leave a Comment / Bank / Bank Audit / By / May 21, 2022

RBI: The RBI board has decided to transfer a surplus amount of Rs 30,307 crore to the central government for 2021-22. Under the chairmanship of RBI Governor Shaktikanta Das, the Central Board of Directors of RBI met in Mumbai. In the meeting, the current economic situation, from global domestic challenges to the impact of geopolitical …

RBI board reviews the economic situation, approves giving dividend of Rs 30,307 crore to the central government Read More »

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You also don’t file ITR? Now more TDS will have to be paid, CBDT changed these rules

Leave a Comment / INCOME TAX / By / May 21, 2022

It has been said in the circular that if you have not filed ITR for the financial year 2020-21, then your name will be added to the list of non-tax filers. Not only this, but in this financial year starting from April, you will also have to pay more TDS. Many people do not fill …

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AIM Concludes ATL Tinkerpreneur 2021 with Atal Catalyst ISB program for the Top 100 student teams

Leave a Comment / BUSINESS & ECONOMY / By / May 20, 2022

In December 2021, Atal Innovation Mission(AIM), NITI Aayog partnered with the prestigious Indian School of Business (ISB) to curate a special program – “Atal Catalysts @ISB” with the goal of nurturing the Top 100 Business Venture Ideas that emerged from the ATL Tinkerpreneur Bootcamp. The Tinkerpreneur bootcamp was a first of its kind initiative by AIM to teach students …

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World Metrology Day 2022 Celebrations at CSIR-NPL

Leave a Comment / INDIA / By / May 20, 2022

CSIR-National Physical Laboratory is the custodian of national measurement standards through an act of Parliament and provides traceability to SI units in India. CSIR-National Physical Laboratory, New Delhi in association with Metrology Society of India (MSI) organized the World Metrology Day on 20th May 2022 to commemorate the anniversary of the signing of the Metre …

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Ruchi Soya’s Board of Directors approves to change the name to Patanjali Foods Limited

Leave a Comment / BUSINESS & ECONOMY / By / May 20, 2022

Swami Ramdev On Ruchi Soya: Yoga guru Swami Ramdev told that the name of Ruchi Soya Industries Ltd. is going to change soon. He told that the Board of Directors of Ruchi Soya has approved to change the name to Patanjali Foods Limited. This process will start after getting approval from the shareholders. food retail …

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Union Minister of State Dr. L Murugan to visit Cannes

Leave a Comment / INDIA / By / May 20, 2022

Union Minister of State for Information and Broadcasting, Dr. L. Murugan is set to embark on a visit to France. Dr Murugan will leave for France on Saturday, May 21, 2022 to attend Cannes Film Festival from May 22 to 24, 2022. Dr. L. Murugan, will reach France on 22 May, 2022 and thereafter will attend various events and …

Union Minister of State Dr. L Murugan to visit Cannes Read More »

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Union Minister Dr Jitendra Singh says, Agri-tech Start-ups are critical to India’s future economy

Leave a Comment / INDIA / By / May 20, 2022

Union Minister of State (IC) Ministry of Science and Technology; Minister of State (IC) Ministry of Earth Science; MoS of Prime Minister’s Office and Ministry of Personnel, Public Grievances & Pensions Dr Jitendra Singh said, Agri-tech Start-ups are critical to India’s future economy. Addressing a Conclave-cum-Exhibition on Agri-Tech and Food-Tech in the Royal city of …

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Union Minister Shri G. Kishan Reddy Addressed The ‘47th Statehood Day’ Celebrations in New Delhi

Leave a Comment / INDIA / By / May 20, 2022

Hon’ble Minister for For Culture, Tourism And Development of North Eastern Region (DoNER) Shri G. Kishan Reddy addressed the ‘47th Statehood Day of Sikkim’ Celebrations at Amphitheatre, New Moti Bagh, New Delhi in the august presence of Hon’ble Governor of Sikkim Shri Ganga Prasad and Hon’ble CM of Sikkim Shri Prem Singh Tamang. Extending his …

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Prime Minister’s Visit to Japan for Quad Leaders’ Summit (May 23-25, 2022)

Leave a Comment / INDIA / By / May 20, 2022

At the invitation of the Prime Minister of Japan, H.E. Mr. Fumio Kishida, Prime Minister Shri Narendra Modi will participate in the third Quad Leaders’ Summit in Tokyo on 24 May 2022 along with President H.E. Mr. Joseph R. Biden Jr. of USA and the Prime Minister of  Australia. The Summit in Tokyo is the …

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President of India in Saint Vincent and the Grenadines; meets political leadership of Saint Vincent and Grenadines

Leave a Comment / INDIA / By / May 20, 2022

The President of India, Shri Ram Nath Kovind, arrived in Kingstown, the capital city of Saint Vincent and the Grenadines on May 18, 2022 in the final leg of his state visit to two nations –Jamaica and Saint Vincent and the Grenadines. This is the first state visit of an Indian President to this country. …

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Exchange Rate Notification No. 36/2022 – Customs (N.T.)

Leave a Comment / BUSINESS & ECONOMY / By / May 18, 2022

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following amendments in the Central Board of Indirect Taxes and Customs Notification No.34/2022-CUSTOMS (N.T.), dated 21st April, 2022 with effect from 29th April, 2022. In the SCHEDULE-I of the …

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DGGI Gurugram arrests one person for fraudulently availing ITC of more than 160 crore through a network of 10 fake firms

Leave a Comment / GST / By / May 18, 2022

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has detected a case wherein total ITC of more than Rs 160 crore has been utilized and passed on by network of nonexistent & fake firms in tandem with various existing entities / merchants / wholesalers. Based on intelligence which was analyzed & …

DGGI Gurugram arrests one person for fraudulently availing ITC of more than 160 crore through a network of 10 fake firms Read More »

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Declaration of Written Result of Combined Defence Services Examination (I)-2022

Leave a Comment / INDIA / By / May 18, 2022

On the basis of the results of the COMBINED DEFENCE SERVICES EXAMINATION (I), 2022 held by the Union Public Service Commission on 10th April, 2022, 6622 candidates with the following Roll Numbers have qualified for being interviewed by the Service Selection Board of the Ministry of Defence, for admission to (i) Indian Military Academy, Dehradun 154th  (DE) …

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Shri Goyal exhorts all stakeholders to resolve cotton and yarn price issue, in the spirit of collaboration rather than competition and super profiteering

Leave a Comment / INDIA / By / May 18, 2022

Shri Piyush Goyal, Union Minister of  Textiles, Commerce & Industry and  Consumer Affairs, Food & Public Distribution  has announced formation of Cotton Council of India, an informal body  under Chairmanship of Shri Suresh Bhai Kotak, a renowned veteran cotton man, with representation from Ministry of Textiles, Ministry of Agriculture, Ministry of Commerce, Ministry of Finance, …

Shri Goyal exhorts all stakeholders to resolve cotton and yarn price issue, in the spirit of collaboration rather than competition and super profiteering Read More »