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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

TBB BUREAU BHUBANESWAR, JUNE 22, 2021 India’s import of bauxite, a raw material used for manufacturing aluminium, has caused a foreign exchange (forex) loss to the tune of Rs 390 crore during the April-June quarter of 2021, according to the data released by the Indian Industrial Value Chain Collective, today. The Indian Industrial Value Chain Collective (IIVCC) represents organizations involved ...

TBB BUREAU NEW DELHI, JUNE 22, 2021 The Ministry of Coal on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining. In a statement, the Ministry stated that in continuation to the Notice Inviting Tender dated March 25, 2021, the last date for registration of bidder and sale of tender documents on MSTC website, ...