New Delhi, July 4, 2024 (TBB Bureau): The Indian government is set to unveil a new Ship Building and Ship Repair Policy as part of its 100-day action plan, aiming to elevate India among the top 10 global players in the sector by 2030 and the top 5 by 2047, according to TK Ramachandran, Secretary of the Ministry of Ports, ...

New Delhi, July 4, 2024 (TBB Bureau):  Union Minister for Commerce and Industry, Piyush Goyal, on Thursday unveiled significant concessions aimed at boosting entrepreneurship among women and supporting MSMEs in the petroleum and explosives sectors. According to an official statement released on Thursday, these measures include an 80 per cent fee reduction for women entrepreneurs and a 50% reduction for ...

New Delhi, July 4, 2024 (TBB Bureau): The Finance Ministry has announced a 7.1 percent interest rate for the General Provident Fund (GPF) and similar provident fund schemes for Central government employees for the July-September quarter of the fiscal year 2024-2025. In a circular dated July 3, the Finance Ministry stated, “It is announced for general information that during the ...

KOLKATA, JULY 1, 2024 (TBB BUREAU): Coal India Limited (CIL) announced a robust 8 per cent increase in coal production, achieving 189.3 million tonnes in the first quarter of the current fiscal year, surpassing its target of 189.2 million tonnes. This growth marks a significant rise of 13.8 million tonnes compared to the same quarter in FY’24, driven by positive ...

NEW DELHI, JULY 1, 2024 (TBB BUREAU): On Monday, the price of jet fuel (Aviation Turbine Fuel or ATF) was increased by 1.2 per cent, while the cost of commercial LPG used in hotels and restaurants was reduced by Rs 30 per 19-kg cylinder, in alignment with international oil price trends. According to a price notification from state-owned fuel retailers, ...

NEW DELHI, JULY 1, 2024 (TBB BUREAU): In a landmark initiative, the government-run Open Network for Digital Commerce (ONDC) announced the induction of 300 sellers and 400 women entrepreneurs into its e-commerce platform on Monday. This significant expansion aims to empower local businesses and artisans across India. The newly onboarded 300 sellers hail from six notable clusters: Lucknow (Chikankari), Moradabad ...

New Delhi, June 25 (TBB Bureau): The Union Government on Tuesday announced the commencement of a significant spectrum auction worth Rs 96,238.45 crore for telecom services. The Ministry of Communications stated that a total of 10,522.35 MHz of spectrum across various bands is up for bidding. The auction includes spectrum in the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, ...

NEW DELHI, JUNE 20, 2024 (TBB BUREAU): The Employees’ Provident Fund Organisation (EPFO) has announced its provisional payroll data for April 2024 on Thursday, showcasing remarkable growth in net member additions. With 18.92 lakh new members, this surge marks the highest monthly increase since the inception of payroll data in April 2018. A notable 31.29% rise has been recorded compared ...

New Delhi, June 20, 2024 (TBB Bureau): Union Minister for Coal and Mines, G. Kishan Reddy, on Thursday convened a high-level meeting with key officials of the Coal Ministry to conduct a comprehensive review of the management of captive and commercial coal blocks. Emphasizing the paramount importance of collaborative efforts, Minister Reddy underscored the need for close coordination with all ...

Mumbai, June 19, 2024 (TBB Bureau): Blue Dart, South Asia’s leading courier and integrated express package distribution company, has successfully launched drone deliveries in collaboration with Skye Air, a leader in drone technology. This move marks a significant advancement towards cleaner and more efficient delivery solutions. Building on their pioneering VLOS trials in Vikarabad, Hyderabad, in September 2021, and BVLOS ...