Page-40 of Business

India ranks 37th in global startup ecosystem in 2017: Startupblink Report

According to report released by global startup ecosystem map Startupblink, India was ranked 37th out of 125 countries in global startup ecosystem in 2017. Startupblink is a global startup ecosystem map with tens of thousands of registered startups, coworking spaces, ..

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Government levies 10% import duty on key smartphone components

The Central Bureau of Excise and Customs (CBEC) under Finance Ministry has imposed a 10% duty on imports of key smartphone components such as populated printed circuit boards (PCBs), camera modules and connectors. At present there is zero import duty ..

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Atal Pension Yojana subscriber base touches over 97 lakh: PFRDA

According to Pension Fund Regulatory and Development Authority (PFRDA), the subscriber base of Atal Pension Yojana (APY) stood at 97.05 lakh at end of 2017-18 fiscal. It was lower than target of 1 crore set by pension regulator PFRDA. The ..

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SIDBI celebrates its foundation day

The Small Industries Development Bank of India (SIDBI) celebrated its foundation day this year on April 2, 2018. The day was celebrated as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate). Several initiatives were launched on this ..

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Multi Modal Logistic Park inaugurated at Balli, Goa

Multi Modal Logistics Park at Balli Station near Madgaon in Goa was recently inaugurated. The part is located on Konkan Railway route. It has been set as per MoU entered between Konkan Railway & Container Corporation of India Ltd (CONCOR). ..

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India receives first US LNG shipment at Dabhol under long-term deal

India received its first Liquid Natural Gas (LNG) cargo from United States (US) under long-term supply deal. The first US-sourced LNG shipment was imported by state-owned GAIL on board of its chartered LNG ship ‘Meridian Spirit’ from Cheniere Energy’s Sabine ..

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CCEA approves bulk export of all edible oils

The Cabinet Committee on Economic Affairs (CCEA) has approved for removal of prohibition on export of all varieties of edible oils except mustard oil. The proposal was forwarded by Ministry of Commerce & Industry.  The CCEA has also approved empowering ..

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Cabinet approves MoU between India and Canada on IPRs

The Union Cabinet has approved Memorandum of Understanding (MoU) between India and Canada to establish bilateral cooperation activities in field of Intellectual Property (IP). The MoU was signed in February 2018 and is intended to promote innovation, creativity and economic ..

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