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Gandhinagar (Gujarat) [India], September 29 (ANI): Gujarat Chief Minister Bhupendra Patel underscored that the implementation of Goods and Services Tax (GST) reforms, initiated under the visionary guidance of Prime Minister Narendra Modi, is expected to not only expedite the realisation of the Viksit Bharat vision but also establish India as a prominent global manufacturing hub. According to the CMO, the Chief Minister addressed a video conference from Gandhinagar with the state's industrial an ...Read More >
Uttar Pradesh International Trade Show (UPITS) 2025 concluded here on a high note with a grand closing ceremony graced by Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles Piyush Goyal. Uttar Pradesh International Trade Show (UPITS) 2025 concluded here on a high note with a grand closing ceremony graced by Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles Piyush Goyal. UP Minister of Micro, Small and ...Read More >
Bhubaneswar: Odisha Cabinet Monday approved an outlay of Rs 12,000 crore to set up 2,200 primary schools under the Godabarish Adarsha Vidyalaya (GAV) scheme in three years from 2025-26, Chief Minister Mohan Charan Majhi said. The state Cabinet meeting, chaired by CM Majhi, also approved three other proposals including beautification of the Maa Tarini Temple at Ghatagaon in Keonjhar district at a cost of Rs 226 crore. Briefing media persons after the meeting, the Chief Minister said at least on ...Read More >
The "Make in India" initiative, launched in 2014, has transformed the nation into a global manufacturing powerhouse, according to Union Minister Piyush Goyal. Marking the 11th anniversary of the landmark "Make in India initiative", Union Minister for Commerce and Industry Piyush Goyal reflected on the program's transformative impact on India's manufacturing landscape, adding that the vision has transformed India into a global manufacturing powerhouse. Launched by Prime Minister Narendra Modi in ...Read More >
Chittapur (Karnataka) [India], September 26 (ANI): As the Centre's 'Make in India' campaign completed 11 years on September 24, Karnataka Congress MLA Priyank Kharge on Friday alleged "weak performance" in the manufacture and export of the country goods. Kharge flagged a fall in the manufacturing sector's share in the Gross Domestic Product (GDP) and said that the initiative has "failed many". Sharing an X post, he wrote, "As Make in India completes 11 years. Served a few, failed many. Manufac ...Read More >
Highlighting the success of India's fintech revolution, the PM stressed that United Payments Interface (UPI) has transformed the way financial transactions are done in the country. Minutes after inaugurating the Uttar Pradesh International Trade Show-2025 (UPITS-2025) at Greater Noida, Prime Minister Narendra Modi underlined the robustness of India's economic framework and said that self-reliance is not an option for India but it is a concept that will aid India attain its rightful place going ...Read More >
Addressing the inauguration event of the Uttar Pradesh International Trade Show 2025 in Uttar Pradesh's Greater Noida, the Prime Minister said the structural reforms in GST are set to give new wings to India's growth story Prime Minister Narendra Modi on Thursday said that his government's next-generation goods and service tax (GST) reforms have drastically reduced the tax burden on the poor as well as the middle class. Addressing the inauguration event of the Uttar Pradesh International Trade ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) The 6.7 per cent year-on-year growth in exports for August is an encouraging sign for India's export sector, especially in light of ongoing global headwinds and geopolitical uncertainties, the Federation of Indian Export Organisations (FIEO) said on Monday. India's merchandise exports recorded a positive growth of 6.7 per cent last month, reaching $35.1 billion, compared to $32.89 billion in August 2024. Simultaneously, imports declined by 10.12 per cent to $ ...Read More >
Defence Minister Rajnath Singh on Sunday approved the Defence Procurement Manual (DPM) 2025 under the Year of Reforms initiative, aimed at expediting revenue procurement for the armed services. The move also seeks to support domestic industry through simplified processes, promote innovation, and ensure a level playing field between the public and private sectors. The Ministry of Defence (MoD) is also working to finalise a revised version of the Defence Acquisition Procedure (DAP) 2020 -- a docu ...Read More >
India on Sunday (September 14, 2025) unveiled a new framework to streamline, simplify and rationalise the revenue procurement process for the armed forces, with an overall focus on making available required resources without any delays. The Defence Procurement Manual (DPM) 2025 lays down the guiding principles and provisions for all revenue procurements in the Defence Ministry valued around ₹1 lakh crore for the current fiscal, an official readout said. "It will foster jointness among the thre ...Read More >
NEW DELHI: Defence Minister Rajnath Singh on Sunday approved the Defence Procurement Manual (DPM) 2025, which aims to streamline, simplify, and rationalise the revenue procurement process in the Ministry of Defence while addressing the evolving needs of the Armed Forces in modern warfare. "The new manual aims to achieve self-reliance in fulfilling the needs of the Armed Forces under Revenue Head (Operations & Sustenance Segment). It will foster jointness among the three Services and help in mai ...Read More >
New Delhi [India], September 14 (ANI): Defence Minister Rajnath Singh approved the Defence Procurement Manual (DPM) 2025 to further streamline, simplify, enable and rationalise the revenue procurement process in the Ministry of Defence and cater to the emerging requirements of the Armed Forces in the era of modern warfare. The new manual is aimed at achieving self-reliance in fulfilling the needs of the Armed Forces under Revenue Head (Operations & Sustenance Segment). It will foster jointness ...Read More >
New Delhi, Sep 14 (PTI) India on Sunday unveiled a new framework to streamline, simplify and rationalise the revenue procurement process for the armed forces with an overall focus on making available required resources without any delays. The Defence Procurement Manual (DPM) 2025 lays down the guiding principles and provisions for all revenue procurements in the defence ministry valuing around Rs 1 lakh crore for the current fiscal, an official readout said. "It will foster jointness among the ...Read More >
New Delhi: Defence Minister Rajnath Singh has approved a new framework to streamline, simplify and rationalise the revenue procurement process for the military. The Defence Procurement Manual (DPM) 2025 also aims to foster jointness among the three services and help in maintaining the highest level of military preparedness through an expeditious decision-making process for revenue procurement, an official readout said on Sunday. "It (DPM) will ensure timely availability of requisite resources ...Read More >
New Delhi, Sep 14 (PTI) Insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, is likely to be introduced in Parliament in the upcoming Winter session, Finance Minister Nirmala Sitharaman has said. The winter session of Parliament generally commences in the second half of November and concludes before Christmas. "I hope to", she told PTI when asked if the bill to further liberalise FDI in the insurance sector can be introduced in Parliament in the upcoming Winter se ...Read More >
New Delhi, Sep 14 (PTI) Insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, is likely to be introduced in Parliament in the upcoming Winter session, Finance Minister Nirmala Sitharaman has said. The winter session of Parliament generally commences in the second half of November and concludes before Christmas. "I hope to", she told PTI when asked if the bill to further liberalise FDI in the insurance sector can be introduced in Parliament in the upcoming Winter se ...Read More >
Bhubaneswar: Alleging that Odisha's BJP government has failed to meet the fertiliser requirement of farmers, the Opposition BJD on Friday said it will stage a protest near Raj Bhavan on September 15. The BJD's announcement came a day after Chief Minister Mohan Charan Majhi claimed that there was no shortage of fertiliser for the ongoing kharif crop cultivation in Odisha. The BJD vice-president Sanjay Das Burma and Opposition chief whip Pramila Mallik, at a press conference here, however, reject ...Read More >
Bhubaneswar: Odisha Chief Secretary Manoj Ahuja directed all department heads and district collectors to adopt preventive vigilance measures to eliminate corruption and exclude officials of doubtful integrity from sensitive roles. In a letter addressed to additional chief secretaries, principal secretaries, the Director General of the Vigilance directorate, commissioner-cum-secretaries of all departments, revenue divisional commissioners (RDCs), and collectors, Ahuja emphasised the State governm ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) Association of Mutual Funds in India (AMFI) on Saturday hailed the regulatory changes introduced by the Securities and Exchange Board of India (Sebi), simplifying norms for IPO and foreign portfolio investors. Sebi, in its recent board meeting, decided to revise the minimum public shareholding (MPS) norms for large companies planning initial public offerings (IPOs). "We welcome SEBI's progressive and well-calibrated reforms announced at its recent Board Meeti ...Read More >
Aizawl, Sep 13 (SocialNews.XYZ) Prime Minister Narendra Modi said on Saturday that the government is consistently taking steps to boost Ease of Living and Ease of Doing Business. "The next-generation GST reforms have recently been introduced and it means lower taxes on many products, making life easier for families," he said. Inaugurating the ambitious 51.38-km Bairabi-Sairang railway project in Mizoram, flagging off three new trains connecting Aizawl with Delhi, Kolkata and Guwahati and layin ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) The Association of Indian Medical Device Industry (AiMeD) on Saturday welcomed the timely directions issued by the Department of Pharmaceuticals (DoP), National Pharmaceutical Pricing Authority (NPPA) and the Central Drugs Standard Control Organisation (CDSCO) to ensure smooth implementation of the revised GST rates on drugs, formulations, and medical devices, effective from September 22. The Office Memorandum issued by DoP-NPPA on Friday clarified that while ...Read More >
"A total of 24 Indian professionals will get a chance to compete with all these top players. USD 4 million is the prize money and if you look at that, the winner will get something like about USD 600,000 to USD 700,000," said the PGTI CEO Amandeep Johl. "We expect (five-time major champion and former world No.1) Rory McIlroy. He has already confirmed and so has (seven-time winner on the European your) Tommy Fleetwood," said Johl. He said the Delhi golf course would be closed earlier than sched ...Read More >
Mumbai, Sep 12 (PTI) The Sebi board on Friday approved a slew of reforms and ease of doing business measures that will help IPO-bound large companies and low-risk foreign investors, among other segments. In a decision, which comes ahead of the mega initial public offerings (IPO) by NSE and Reliance Jio Infocomm, the Sebi board decided to recommend the government to amend the statutes governing minimum public offerings. Under the proposed framework, companies with a market capitalisation betwee ...Read More >
MUMBAI: To simplify fundraising by large companies through initial public offering, the markets regulator Sebi has drastically lowered the minimum public float norms for large primary share sales or IPOs based on the likely post-issue market capitalisation. Companies can now sell a minimum of 2.5% of their paid-up share capital in their IPO from the current 5% if their market capitalisation is above Rs 5 trillion after the listing, Sebi chairman Tuhin Kanta Pandey told reporters here Friday aft ...Read More >
New Delhi [India], September 12 (ANI): The Professional Golf Tour of India (PGTI) on Friday announced the appointment of former CEO of Niti Aayog and India G20 Sherpa Amitabh Kant as its newest member on the governing body, according to a press release from PGTI. Amitabh Kant is one of India most distinguished bureaucrats and policy architects, known for his transformative contributions to national governance. Amitabh Kant legacy combines grassroots innovation, policy reform, strategic diplomac ...Read More >
Mumbai, Sep 12 (PTI) Sebi on Friday decided to broaden the definition of 'strategic investor' under the REIT and InvIT norms by including QIBs and certain categories of FPIs to attract more institutional capital. The Sebi board also cleared a proposal for reclassifying REITs (Real Estate Investment Trusts) as "equity" and retaining the "hybrid" classification for InvITs (Infrastructure Investment Trusts) for the purpose of investments by mutual funds and Specialised Investment Funds. These pro ...Read More >
Mumbai, Sep 12 (PTI) The Sebi board on Friday decided to make it easier for low risk foreign investors to participate in the Indian securities market with the introduction of a single window access, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination. The new framework -- Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI) -- would provide easier investment access to low risk foreign investors, enable ...Read More >
Piyush Goyal urges industry to pass on GST reduction benefits to consumers, anticipating boosted demand, exports, and economic growth. GST reforms, effective September 22, are expected to lower input costs for MSMEs and exporters, reducing inflationary pressures. India is also diversifying export markets amid US tariffs, exploring opportunities with countries like UAE and Singapore. Commerce and industry minister Piyush Goyal said he has asked industry to pass on the benefits of lower goods and ...Read More >
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