Union Cabinet Approves Major Airport Projects in West Bengal and Bihar: The Union Cabinet has greenlit significant airport infrastructure projects in West Bengal and Bihar, with a total investment of approximately ₹2,962 crore. These developments are set to enhance air travel facilities and address growing passenger demand in these regions.
Tag: 19th Aug 2024
Windfall Tax On Petroleum Crude Oil
Windfall Tax On Petroleum Crude Oil: India has reduced the windfall tax on petroleum crude oil to Rs 2,100 per metric tonne, effective August 17, down from Rs 4,600 per tonne. This adjustment follows a previous reduction of 34.2 percent to Rs 4,600 on July 31.
Six New Parliamentary Committees For 2024-25: Lok Sabha Speaker Constitutes
Six New Parliamentary Committees For 2024-25: Lok Sabha Speaker Constitutes The Lok Sabha speaker on August 17, named the constituents of the six new Parliamentary Committees including the Public Accounts Committee (PAC) which examines government expenditure. Ganesh Singh, BJP MP from Satna, Madhya Pradesh has been appointed as the chairperson of the Committee on Welfare […]
Decline in FDI in India’s Food Processing Sector in 2023-24
Decline in FDI in India’s Food Processing Sector in 2023-24: Foreign direct investment (FDI) in India’s food processing sector experienced a significant decline of 30% in the fiscal year 2023-24, totaling Rs 5,037.06 crore, down from Rs 7,194.13 crore in 2022-23.
Government Initiates Anti-Dumping Investigation into Steel Imports from Vietnam
Government Initiates Anti-Dumping Investigation into Steel Imports from Vietnam: India has initiated an anti-dumping investigation into the import of hot rolled flat products from Vietnam following complaints that these products are being sold at significantly low prices, negatively impacting the domestic steel industry.
RBI Approves Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank
RBI Approves Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank: The Reserve Bank of India (RBI) has approved the appointment of Salee Sukumaran Nair as the Managing Director and Chief Executive Officer of Tamilnad Mercantile Bank (TMB) for a three-year term.
Mukhyamantri Majhi Ladki Bahin Yojana’
Mukhyamantri Majhi Ladki Bahin Yojana: The Eknath Shinde-led Maharashtra government is set to officially launch the ‘Mukhyamantri Majhi Ladki Bahin Yojana’ today on the occasion of Raksha Bandhan. This initiative aims to provide ₹1500 every month to more than one crore women across the state