Roseau, June 28, 2023 (GLOBE NEWSWIRE) — Numerous reports and data, including data from the country’s Central Bank, are showing how a record number of wealthy Indians are investing abroad. According to the Reserve Bank of India, in the 2021-22 financial year, Indians invested approximately US$1.69bn directly into foreign bank deposits, equity and debt instruments, and bought property outside the ...

Newdelhi:28/6/23Keeping in view interest of sugarcane farmers (GannaKisan), the Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2023-24 (October – September) at Rs.315/qtl for a basic recovery rate of 10.25%. It has also been approved to provide a premium of Rs.3.07/qtl for each ...

Newdelhi:26/6/23:As part of its commitment to assisting India in meeting its energy demands and actively pursuing Prime Minister Shri Narendra Modi’s vision of Atmanirbhar Bharat, the Ministry of Coal organised stakeholder consultation in  New Delhi to promote “Funding of Commercial Coal Mines in India”.The event was chaired by Shri M. Nagaraju, Additional Secretary and Nominated Authority, Ministry of Coal and ...

GUANGZHOU, China, June 21, 2023 (GLOBE NEWSWIRE) — The Global Seafood Trade Fair Co-Located with The 3rd Liang Zhi Long Cantonese Cuisine E-Commerce Fair 2023 will be held from June 28th to June 30th, 2023 by Wuhan Shihedao Network Technology Co., Ltd. With an impressive exhibition area of 40,000 m2, featuring over 800 exceptional exhibitors, and expected to attract more than ...

SAN FRANCISCO, June 22, 2023 (GLOBE NEWSWIRE) — Via Licensing Alliance, the collaborative licensing leader, today announced that Reliance, India’s largest retailer, has signed a new worldwide agreement for Via LA’s Advanced Audio Coding patent pool. Advanced Audio Coding is defined by a set of International Standards from ISO/IEC. It specifies a coding method that allows consumers to enjoy high-quality ...

Newdelhi:21/6/23:Paddy procurement by the Government of India during the Kharif Marketing Season (KMS) 2022-23 has progressed smoothly. More than 830 Lakh Metric Ton (LMT) paddy has been procured for Central Pool up to 19.06.2023 under Minimum Support Price (MSP) operations. Over 1.22 crore farmers have so far benefited from the ongoing paddy procurement operations of KMS 2022-23 with MSP outflow ...

Newdelhi:20/6/23:Director General, Bureau of Indian Standards (BIS), Sh. Pramod Kumar Tiwari said that standards lay down the benchmark for quality, thereby ensuring the availability of high-quality products for all the consumers. Addressing the media in New Delhi today, Shri Tiwari highlighted the importance of the Quality Control Orders (QCOs) issued recently by the Government of India for footwear and other ...

Newdelhi:15/6/23:Union Minister of Education and Skill Development and Entrepreneurship Shri Dharmendra Pradhan today flagged off Gabon’s first Agri- SEZ project from New Delhi. The project will be implemented by AOM group with Centurion University as the technical and knowledge partner. In the first phase of the program, 30 farmers and 20 B.Sc./M.Sc. Agri and B.Tech/M.Tech Engineering students from Gajapati district, ...

Newdelhi:15/6/23:India’s overall exports (Merchandise and Services combined) in May 2023* is estimated to be USD 60.29 Billion, exhibiting a negative growth of (-) 5.99 per cent over May 2022. Overall imports in May 2023* is estimated to be USD 70.64 Billion, exhibiting a negative growth of (-) 7.45 per cent over May 2022. Table 1: Trade during May 2023* May ...

Newdelhi:15/6/23:In order to ensure availability of edible oil to consumers at affordable prices, the Central Government has reduced the Basic Import Duty on Edible Oils. An order to this effect was issued by the Department of Food and Public Distribution vide Notification No. 39/2023 – Customs, dated 14th June, 2023 wherein the Basic Import Duty on Refined Soyabean Oil (HS ...