TBB BUREAU NEW DELHI, JULY 11, 2021 Vice President M Venkaiah Naidu on Sunday said that providing better prices for agri produce and timely, affordable credit to farmers are crucial to sustain agriculture in the country. Citing a UN Food and Agriculture Organization (FAO) report about an impending global food crisis, he said that if we provide timely assistance to ...
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India expands mango export footprint to newer countries
TBB BUREAU NEW DELHI, JULY 10, 2021 Notwithstanding logistical challenges posed by COVID-19 pandemic, India has expanded its footprint of mango exports to the newer countries this season. In a major initiative which would boost mango export potential from the eastern region especially to Middle East countries, a consignment of Geographical Identification (GI) certified Fazil mango variety sourced from Malda ...
Read More »Centre releases Rs 9,871 cr Revenue Deficit Grant to 17 States
TBB BUREAU NEW DELHI, JULY 8, 2021 The Department of Expenditure, Ministry of Finance, has released the 4th monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore to the States on Wednesday. With the release of this installment, a total amount of Rs. 39,484 crore has been released to eligible States as Post Devolution Revenue Deficit ...
Read More »Operating margin of primary steelmakers to swell 500 bps: Crisil
TBB BUREAU BHUBANESWAR, JULY 6, 2021 Sharp increase in prices of steel will lift operating margin of primary steel manufacturers by 500 basis points (bps) to 32-33% on-year this fiscal, according to rating agency Crisil. “While this will drive steelmakers to double down on capital expenditure, robust accruals will help them continue deleveraging and strengthening of balance sheets, leading to ...
Read More »KL Deemed to be University announces KLEEE-2021 results, scholarships worth Rs 100 cr
TBB BUREAU VADDESWARAM (VIJAYAWADA)/HYDERABAD, JULY 6, 2021 KL Deemed to be University, one of the leading universities in the country for graduation and higher education, has announced the results of KL Engineering Entrance Exam 2021(KLEEE-2021) conducted in a remote proctored mode for admission in engineering courses in its Vijayawada and Hyderabad campuses. The results were presented by N. Venkatram, Incharge ...
Read More »Amitabh Kant gets another one-year extension as NITI Aayog CEO
TBB BUREAU NEW DELHI, JUNE 30, 2021 The central government has extended for another one year the tenure of Amitabh Kant, the Chief Executive Officer (CEO) of National Institution for Transforming India (NITI Aayog) till June 2022 This is the third extension since Kant took charge of the NITI Aayog in 2016. The Appointments Committee of the Cabinet (ACC), chaired ...
Read More »World Bank approves $500mn program to protect India’s informal sector workers
TBB BUREAU NEW DELHI, JUNE 30, 2021 The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks. Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion Accelerating India’s ...
Read More »Mandaviya inaugurates coastal shipping service
TBB BUREAU NEW DELHI, JUNE 29, 2021 Union Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, on Tuesday inaugurated loading operation on the maiden voyage of coastal shipping service from Cochin port to Beypore and Azhikkhal ports. The service is part of steps by the Ports, Shipping and Waterways Ministry to build greater synergies between major ...
Read More »CIL forges ahead towards energy efficiency
TBB BUREAU NEW DELHI, JUNE 29, 2021 In a bid to reduce carbon footprint in its operational area, Coal India Ltd. (CIL) has put special thrust on energy efficiency measures and is forging ahead with a series of measures to offset carbon emission in mining operation in all its coal producing companies. Apart from taking immediate action for efficient ...
Read More »Govt to give tourist visa free of charge to 5 lakh travellers
TBB BUREAU NEW DELHI, JUNE 28 In a bid to encourage travel activities and to provide relief to the tourism industry, which is among the worst affected sectors by the Covid-19 pandemic, the Union government on Monday announced that it would offer tourist visa free of charge till March 31, 2022. The financial implication of the move is expected in ...
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