Goyal reviews ongoing free trade agreement negotiations

Goyal reviews ongoing free trade agreement negotiations

Wednesday, 31 August 2022 | PTI | New Delhi

Commerce and industry minister Piyush Goyal on Tuesday held a meeting to review the ongoing negotiations on different Free Trade Agreements (FTAs) to fast-track the talks in order to boost exports and investments. Deliberations on ways to fast-track negotiations are on “to achieve mutually beneficial FTAs, paving the way for increased...

Govt may invite financial bids for Shipping Corp sale in March quarter

Wednesday, 31 August 2022 | PTI | New Delhi

The Government is likely to invite financial bids for privatisation of state-owned Shipping Corporation of India (SCI) in the March quarter, an official said. “The demerger of non-core and land assets of Shipping Corporation is at an advanced stage. The process is expected to be over in about three months’ time,...

CIL has not raised prices in 4 yrs, Coal India chairman says at AGM

Wednesday, 31 August 2022 | PTI | Kolkata

Coal India Ltd on Tuesday said the miner has not raised prices of the dry fuel in the last four years to ensure its supply at competitive prices to consumers compared to the international market. While addressing shareholders at the company’s 48th AGM, chairman Pramod Agrawal said that the CIL is...

Coal companies to bring more than 2,400 ha area under green cover this yr

Wednesday, 31 August 2022 | PTI | New Delhi

Coal companies are hopeful of beating this year’s target of bringing more than 2,400 hectares of area in and around coalfields under green cover by planting more than 50 lakh saplings, the government said on Tuesday.   Greening initiatives of the coal sector will help generate an additional carbon sink of...

Housing prices rise in 42 cities in Q1 of FY23: NHB

Wednesday, 31 August 2022 | PTI | New Delhi

Housing prices rose in 42 cities in the first quarter of 2022-23, while the rates of residential units fell in five cities and remained stable in three cities, according to the price index Residex released by NHB. All the eight major metros recorded an increase in the index on an annual...

Electric vehicles on Indian roads to touch 5cr by 2030; big opportunity for EV charging

Wednesday, 31 August 2022 | PTI | New Delhi

The total number of electric vehicles on Indian roads is likely to touch 5 crore by 2030, presenting an enormous opportunity for players in the charging ecosystem, according to a report by consultancy firm KPMG. A large increase in electric vehicles (EV) sales is anticipated in India due to favourable factors...

FinMin undertakes performance review of PSU banks; takes stock of financial inclusion drive

Wednesday, 31 August 2022 | PTI | New Delhi

The Finance Ministry on Tuesday reviewed the performance of public sector banks (PSBs) in the backdrop of the first quarter numbers and asked them to step up lending to productive sectors of the economy. The meeting chaired by Financial Services Secretary Sanjay Malhotra also deliberated on the need to cut non-performing...

Drought looms over paddy-growing UP, Bihar, Bengal

Wednesday, 31 August 2022 | IANS | New Delhi

Over the past 12 weeks, record-breaking rainfall in India has caused unprecedented flooding in several parts, while eastern states have been reporting deficits by a big margin. The result: Bihar, West Bengal and east Uttar Pradesh, the eastern region with the highest intensity of paddy cultivation, have been highly deficit rains...

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