Business Related

News India bids for airwaves crossed Rs 1 lakh crore or $18 billion, making the spectrum auction the biggest ever sale of spectrum by value. Benefits The auction has opened a number of new opportunities for subscribers in new circles for 3G services in 2100 Mhz band and LTE in ...

News Some parts of India, particularly the smaller towns and villages, still have traditional styles of dressing. To find out about local customs and traditions,  or concerned authorities before visiting such places and many such advisories  Union tourism ministry’s will distribute little booklet to foreign tourists visiting India from next ...

News The Cabinet has approved a policy to supply natural gas at a uniform price to all urea plants, hoping to revive some defunct manufacturing units in eastern India and boost local output. It also approved budgetary support of nearly Rs 5,000 crore for strategic oil reserves and revival of ...

News FAME-India or Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India as part of the National Mission for Electric Mobility has been launched. Government launched this scheme that envisages to provide Rs 795 crore support till 2020 for the manufacturing and sale of electric and hybrid vehicles. The ...

News Commerce and Industry Minister Nirmala Sitharaman unveiled the Prime Minister Narendra Modi-led government’s new Foreign Trade Policy (2015-2020). The government’s new foreign trade policy (2014-19) to rev up exports is expected to be put in place by October-end and will have a strong thrust on manufacturing to bring it ...

News Nuclear energy production in India is set to get a major boost with the department of atomic energy (DAE) giving nod to set up the country’s own thermo-nuclear fusion reactor India is presently one of the seven partner countries in world’s biggest energy research project – the ITER – ...

News The government has announced a policy for adopting open source software (OSS), making it mandatory that such software is considered along with proprietary products, as it looks to bring in transparency and lower total cost of ownership of projects. The policy shall be applicable to Central government organisations and ...

News Government is making efforts to ensure transparent and swift administration of social security schemes through e-initiatives for employees and employers, Labour Minister Bandaru Dattatreya said. He appreciated new initiatives by Employees’ Provident Fund Organisation (EPFO), including allotment of Universal Account Number to all EPF subscribers. The retirement fund body ...

News The Centre plans to pump $10 billion into facilities in Gujarat and Uttar Pradesh, where a consortium of firms have come up as production bases. India would also be investing $400 million in developing an Indian version of micro-processor. Infrastructure for chip manufacturing and designing will be considerably strengthened ...

News Commerce and Industry Minister Nirmala Sitharaman inaugurated a land customs station at the Indo-Myanmar border trade centre at Zokhawthar in Champhai district of Mizoram. The Centre has been taking up development in the North East on a mission mode and arrangements were made for expeditious completion of pending projects in the region. ...