TBB BUREAU NEW DELHI, JUNE 16, 2021 The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal of the Department of Fertilizers for fixation of Nutrient Based Subsidy Rates for Phosphatic & Potassic (P&K) fertilizers for the year 2021-22 (till the present season). The subsidy rate for Nitrogen has been fixed at Rs ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 The Asian Development Bank (ADB) and the Government of India on Wednesday signed a $484 million loan to improve transport connectivity and facilitate industrial development in the Chennai-Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. CKIC is part of India’s East Coast Economic Corridor (ECEC), which stretches from West Bengal to Tamil Nadu and ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 Defence Minister Rajnath Singh on Wednesday called for an open and inclusive order in Indo-Pacific based upon respect for sovereignty and territorial integrity of nations while addressing the 8th ASEAN Defence Ministers Meeting (ADMM) Plus. Singh also stressed on “peaceful resolutions of disputes through dialogue and adherence to international rules and laws.” “India ...

TBB BUREAU MUMBAI, JUNE 16, 2021 In the context of the public discourse regarding detection of new variants, Member (Health), NITI Aayog, Dr. VK Paul has reminded the public that the newly detected Delta Plus Variant is not yet classified as a Variant of Concern. “The present status is that yes, a new variant has been found. This is as ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 India’s banana export continued its growth this year in terms of volume as well as value. A total of 1.91 lakh tonnes of banana worth Rs 619 crore has been exported during FY2020-21 (April to February), the Ministry of Commerce and Industry said on Wednesday. India’s banana exports grew from 1.34 lakh metric ...

TBB BUREAU NEW DELHI, JUNE 14, 2021      “It is mankind’s collective responsibility to reverse the damage to land caused by human activity. It is our sacred duty to leave a healthy planet for our future generations”, said Prime Minister Narendra Modi while delivering the keynote address at the UN “High-Level Dialogue on Desertification, Land Degradation and Drought” via videoconferencing ...

TBB BUREAU NEW DELHI, JUNE 14, 2021             On the back of costlier food items, retail inflation rose to 6.3 per cent in May, government data showed on Monday.        The Consumer Price Index (CPI) based inflation stood at 4.23 per cent in April.        As per the data released by the National Statistical Office (NSO), inflation in the ...

TBB BUREAU NEW DELHI, JUNE 14, 2021 In view of the difficulties reported by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the portal www.incometax.gov.in, the Union Government has decided that taxpayers can submit the aforesaid Forms in manual format to the authorized dealers till June 30th, 2021. Authorized dealers are advised to accept such Forms till June ...

TBB BUREAU NEW DELHI, JUNE 14, 2021 Prime Minister Narendra Modi has extended his best wishes to the people of Odisha on the auspicious occasion of Raja Parba on Monday. In a tweet, the Prime Minister said, “Best wishes on the auspicious occasion of Raja Parba. I pray for the good health and well-being of everyone.”

TBB BUREAU NEW DELHI, JUNE 12, 2021 The GST Council on Saturday decided to slash rates of several Covid-relief items to 5 per cent from existing 12-18 per cent levels. Addressing the media after the meeting, Finance Minister Nirmala Sitharaman said that the council agreed to go with the recommendations of the Group of Ministers (GoM). Union Minister for Finance ...