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Coal sector leads growth among core industries in June 2024

New Delhi, August 3, 2024 (TBB Bureau): The coal sector has achieved the highest growth rate of 14.8 per cent (provisional) among the eight core industries for June 2024, according to the latest Index of Eight Core Industries (ICI) released by the Union Ministry of Commerce & Industries. The index for the coal industry surged to 186.4 points in June ...

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Union Govt maintains capital expenditure at Rs 11.11 lakh crore, accounting for 3.4pc of GDP

New Delhi, July 23, 2024 (TBB Bureau): Union Finance Minister Nirmala Sitharaman announced on Tuesday that India’s capital expenditure (capex) for the fiscal year 2025 will remain at Rs 11.11 lakh crore, as initially set in the Interim Budget presented in February. This figure represents an increase from the previous year’s revised estimate of Rs 9.5 lakh crore. The Finance ...

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Govt e-marketplace learning management system now available in 12 Indian languages

New Delhi, July 19, 2024 (TBB Bureau):  The Government e-Marketplace (GeM) Learning Management System (LMS) has been upgraded to include six more official languages, bringing the total to 12. This enhancement, announced by the Commerce and Industry Ministry on Friday, aims to make the platform more accessible and user-friendly. The e-Learning training courses are now offered in Assamese, Bengali, English, ...

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Mines Ministry to host Mineral Exploration Hackathon and Critical Mineral Roadshow in Hyderabad tomorrow

New Delhi, July 19, 2024 (TBB Bureau):  The Ministry of Mines is set to host a significant event focusing on mineral exploration and critical mineral resources at Begumpet, Hyderabad, on July 20, 2024. The occasion will be honored by Union Minister for Coal and Mines, G. Kishan Reddy, alongside the Minister of State for Coal and Mines, Satish Chandra Dubey, ...

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Camposol partners with Ninjacart to bring high-quality blueberries to India

Delhi, July 17, 2024 (TBB Bureau):  Camposol, Peru’s largest blueberry producer, has announced a strategic partnership with Walmart-backed Ninjacart, India’s leading agri-startup, to introduce high-quality blueberries to Indian consumers. This collaboration leverages Ninjacart’s technology-driven platform to transform the blueberry market in India. The partnership aims to revolutionize the supply chain of blueberries by using Ninjacart’s digital marketplace, tech-enabled solutions, and ...

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Indian Railways achieves record coal loading of 728 million tons in 2023-24

New Delhi, July 12, 2024 (TBB Bureau):  Indian Railways has achieved a significant milestone in coal transportation, marking a record increase in coal loading during the financial year 2023-24. According to data released by the Ministry of Railways, coal loading surged to 787.58 million tons, up from 727.98 million tons in the previous fiscal year 2022-23, registering a substantial rise ...

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Govt e-Marketplace turnover more than doubles in Q1FY25

New Delhi, July 11, 2024 (TBB Bureau): Government e-Marketplace (GeM) has reported a substantial growth with a gross merchandise value (GMV) of Rs 1.25 lakh crore in the first quarter (April-June) of the financial year 2024-25, marking a remarkable 136% increase from last year’s Rs 52,670 crore in the same quarter. The services segment emerged as the key driver, achieving ...

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E&P sector offers investment opportunities worth 100 billion USD by 2030: Petroleum Minister Hardeep S Puri

New Delhi, July 11, 2024 (TBB Bureau):  The Exploration and Production (E&P) sector presents investment opportunities worth 100 billion USD by 2030, announced Hardeep Singh Puri, Minister of Petroleum & Natural Gas, during his address at the inaugural session of the first edition of Urja Varta. Emphasizing the sector’s role in achieving energy self-sufficiency and fostering economic growth, the Minister ...

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