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Assets under management of MFIs to grow 40-45 per cent in FY20: Report
The assets under management (AUM) of Microfinance Institutions in India expected to grow in the range of 40-45 per cent in the current fiscal, according to Brickwork Ratings.
AYUSH Minister Inaugurates National Research Institute of Unani Medicine for Skin Disorders
Union Minister of State (Independent Charge) for AYUSH Mr Shripad Yesso Naik inaugurated National Research Institute of Unani Medicine for Skin Disorders (NRIUMSD)
First ever movement of container cargo on Brahmaputra (National Waterway -2)
A landmark container cargo consignment will sail on inland waterways from Haldia Dock Complex (HDC) to the Inland Waterways Authority of India (IWAI) terminal at Pandu in Guwahati on November 4, 2019.
IFFCO launches nano-tech based fertilisers for on-field trials
Indian Farmers Fertiliser Cooperative (IFFCO) introduced its ‘nano-technology’ based products that includes nano nitrogen, nano zinc and nano copper for an on-field trials in order to reduce usage of chemical fertilisers and give a boost to farmer’s income.
Eight of top-10 Indian firms add Rs 1.34 trillion in m-cap; TCS tops the chart
Tata Consultancy Services (TCS) has emerged as the biggest gainer in the market capitalisation with eight of the 10 most valued Indian firms adding over Rs 1.34 trillion (US$ 19.17 billion) together last week.
Ministry of Skill Development & Entrepreneurship launches Skills Build platform in Collaboration
Directorate General of Training (DGT), under the aegis of Ministry of Skill Development & Entrepreneurship (MSDE), announced the launch of Skills Build platform in collaboration with IBM. As part of the programme, a two-year advanced diploma in IT, networking and cloud computing, co-created and designed by IBM, will be offered at the Industrial Training Institutes (ITIs) & National Skill Training Institutes (NSTIs). The platform will be extended to train ITI & NSTI faculty on building skills in Artificial Intelligence (AI). Skills Build offers digital learning content from IBM and partners such as Code Door, Coorp academy and Skillsoft.
Finance Minister Launches two new IT Initiatives -ICEDASH & ATITHI for improved monitoring and pace of Customs clearance of imported goods and facilitating arriving international passengers
Union Minister of Finance and Corporate Affairs, Smt Nirmala Sitharaman today unveiled two new IT initiatives – ICEDASH and ATITHI – for improved monitoring and pace of Customs clearance of imported goods and facilitating arriving international passengers by electronic filing of Customs baggage and currency declarations.
Build brand India for services sector: Piyush Goyal. Services sector to contribute US$ 3 trillion to Indian Economy
Union Minister of Commerce and Industry & Railways, Mr. Piyush Goyal, said that brand India will be developed in order to promote the 12 champion services sectors. The services sector will contribute US$ 3 trillion out of the US$ 5 trillion economy that India is set to grow to.
PM inaugurates 5th India International Science Festival at Kolkata via video conferencing
The Prime Minister Narendra Modi inaugurated via video conference, the 5th India International Science Festival at Kolkata.
Despite global headwinds, India to see US$ 52 billion worth of M&A deals in 2019
As per the new report by Baker McKenzie, in 2019, India is expected to see M&A deals of over US$ 52 billion, as mergers and acquisitions are expected to remain stable despite global economic slowdown
India registers 26.9 per cent decline in Maternal Mortality Rate since 2013
According to the Sample Registration System Bulletin-2016, India has registered a 26.9 per cent reduction in Maternal Mortality Ratio (MMR) since 2013. The decline in MMR has been from 77 to 72 per 100,000 live births among southern states and in the other states, from 93 to 90, it stated.
Prime Minister inaugurates the Rising Himachal: Global Investor's Meet 2019 in Dharamshala
Prime Minister Narendra Modi today inaugurated the Rising Himachal, the Global Investors Meet 2019 at Dharamshala, Himachal Pradesh.
GeM Partners with Central Bank of India for Payment Related Services
Government e-Marketplace (GeM) today signed MoU with Central Bank of India. Through this partnership, Central Bank of India will be able to offer an array of services including transfer of funds through GeM Pool Accounts (GPA), advising of electronic Performance Bank Guarantees (e-PBG) and Earnest Money Deposit (EMD) to the registered users on the portal.
India to see US$ 100 billion energy investment by 2024: Dharmendra Pradhan
India is expected to attract investment of around US$ 100 billion in developing the oil and gas infrastructure over the next five years.
Indian firms in Fintech 100 list: Paytm, OlaMoney make it to top 10
Eight Indian fintech firms were featured in KPMG and H2 Ventures' 'Fintech100' list, with Paytm and OlaMoney making it to top 10.
Khadi gets separate unique HS code, export to get a boost
The Ministry of Commerce & Industry has allocated separate HS code for Khadi, marking its presence in the exclusive HS code bracket, to categorize its products in export.
Cabinet approves MoU between India and Paraguay for Strengthening Cooperation in the field of Tourism
The Union Cabinet chaired by the Prime Minister Mr Narendra Modi has given ex-post facto approval to the Memorandum of Understanding (MoU) between India and Paraguay for Strengthening Cooperation in the field of Tourism.
Cabinet approves MoU between India and Brazil on Cooperation in the field of Health & Medicine
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) between India and Brazil in the field of Health and Medicine. The MoU is expected to be signed in November 2019.
Rs 25,000 crore boost for realty: Govt sets up fund to revive stalled projects
In order to revive around 1,600 stalled housing projects across the top cities in the country, the Union Cabinet has approved the setting up of a Rs 25,000 crore (US$ 3.58 billion) alternative investment fund (AIF).