News on Indian Economy
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.
As per the final alignment, the main terminus will be at the Cantt railway station while other stations will be at Sajan, Rathyatra, and Girjaghar (Godowlia) crossings.
Merger and acquisition (M&A) activity in India reached a three-year high with deals worth $90.4 billion struck in the first nine months of 2021, a 35.1% increase compared to the same period a year ago, according to a report by financial markets tracker Refinitiv. The deal
The famed white onion of Alibag in Maharashtra’s Raigad district has earned itself a ‘Geographical Indication’, giving the crop a unique identity and wider markets, agriculture department officials said here on Saturday.
India reported $101.89 billion in exports in the quarter ending September, the ministry of commerce and industry said on Saturday. This is the first time that Indian exports have crossed $100 billion mark.
His Highness Sheikh Hamed bin Zayed Al Nahyan, Member of the Executive Council of the Emirate of Abu Dhabi, and Shri Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Government of India, co-chaired the ninth meeting of the UAE-India High Level Joint Task Force on Investments (‘the Joint Task Force’) on 2nd October 2021 in Dubai. Senior officials representing relevant government authorities and various investment entities from both countries took part in the meeting.
In the presence of Union Minister of Chemicals & Fertilizers and Health & Family Welfare Shri Mansukh Mandaviya, a practical field trial of Drone Spraying of Nano Liquid Urea was conducted in Bhavnagar, Gujarat. The trial was attended by a large number of farmers. This demonstration of spraying liquid nano urea by drone was undertaken by IFFCO, a company involved in developing nano urea.
India’s manufacturing activity expanded for the third straight month in September, but rising fuel, raw material and transportation prices pushed the overall rate of input cost inflation to a five-month high, market information provider IHS Markit said on Friday.
On a landmark day for the Union Territory of Ladakh and its people, construction on 05 major road infrastructure development projects was launched by His Excellency the Governor of Ladakh Shri Radha Krishna Mathur, from Turtuk, the northernmost village of India. The ground breaking ceremony was also attended by the Chief Executive Councillor, Leh Mr TashiGyalson, MP Ladakh Mr Jamyang Tsering Namgyal, Defence Secretary Mr Ajay Kumar and Director General Border Roads Lt Gen Rajeev Chaudhry besides overwhelming villagers from nearby areas.
The government has settled ₹ 28,812 crore to CGST and ₹ 24,140 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of September 2021 is ₹ 49,390 crore for CGST and ₹ 50,907 crore for the SGST.
