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Taking stock of the current situation due to COVID-19 where State Governments need to undertake expenditure while their resources are adversely hit, the Central Government has released the GST Compensation of Rs.36,400 crore to the States/UTs with Legislature for the period from December, 2019 to February, 2020 today. The GST …
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The Competition Commission of India (CCI) approves proposed merger between Peugeot S.A and Fiat Chrysler Automobiles N.V. The proposed combination pertains to merger between Peugeot S.A. (“PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”). PSA is a publicly listed limited liability company incorporated in France. It is the holding company of …
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The Union Cabinet chaired by the Prime Minister, Narendra Modi has given its approval for signing the Memorandum of Understanding between the Government of the Republic of India and the Royal Government of Bhutan on Cooperation in the areas of Environment. Details: The Memorandum of Understanding will enable establishment and …
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Amazon India today announced that it has achieved an integral milestone towards minimizing packaging waste across its supply chain by expanding its India-first initiative, Packaging-Free Shipping (PFS), to over a 100 cities in the country. PFS is a sustainable packaging solution in which customer orders are shipped in their original …
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The Union Cabinet chaired by the Prime Minister, Narendra Modi has given its approval to extend repayment date upto 31.08.2020 for Standard Short-Term loans upto Rs.3 lakh advanced for agriculture and allied activities by banks, which have become due or shall become due between 1st March, 2020 and 31st August, …
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Prime Minister Narendra Modi today launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. As the name suggests,the portal is basically for making the smaller units big by solving their grievances, encouraging, supporting, helping and handholding. It …
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The Commerce and Industry Minister Piyush Goyal today interacted with the captains of the Pharmaceutical industry, and Office-bearers of the Pharma Associations, through the Video Conference. The meeting was attended by the Ministers of State H.S.Puri and Som Parkash, Secretaries of the Department of Commerce, and Pharmaceuticals, and Officers from …
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Minister of Commerce and industry Piyush Goyal on Thursday met the representatives of traders associations, via video conferencing. He said that during the lockdown period, the nation geared itself to fight against the Covid-19 pandemic and built capacities. The domestic manufacturing of the protection equipment (like masks, sanitizers, gloves, PPE) …
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In line with the announcement made in the Union Budget, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman formally launched the facility for instant allotment of PAN (on near to real time basis) here today. This facility is now available for those PAN applicants who possess a valid Aadhaar …
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The Asian Development Bank (ADB) and the Government of India today signed a $177 million loan to upgrade 450 kilometers (km) of state highways and major district roads in the state of Maharashtra. The signatories to the Maharashtra State Road Improvement Project were Sameer Kumar Khare, Additional Secretary (Fund Bank …
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