In News According to World Bank’s Logistic Performance Index (LPI) 2023, India has climbed six places, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology. India’s performance has drastically improved from 2014 when it was ranked 54th on the LPI. […]
Over 63% of this smuggled gold was detected at airports. Recently, the Department of Revenue Intelligence seizes 101.7 kg smuggled gold worth ?51 crore in Golden Dawn Operation across India Though India witnesses legal import of around 800-1,000 tonnes of gold annually, the size of the grey market is estimated to be around 4,000 tonnes […]
In News A World Trade Organization panel said that India had violated global trading rules in a dispute with the European Union, Japan and Taiwan over import duties on IT products. More about News The WTO panel recommends India bring such measures into conformity with its obligations under the General Agreement on Tariffs and Trade […]
In Context India is currently facing price inflation in milk mainly due to milk fat shortage. All over India, the price difference between Full cream & toned milk has widened from Rs 11 to Rs 16.56/litre. India’s dairy sector India’s success story in milk production was scripted by Dr Verghese Kurien, known as the “Father […]
In News India’s overall exports are projected to scale new heights, growing at 13.84 percent during FY 2022-23. Key Highlights Goods exports and Trade deficit: India’s goods exports declined for the second successive month in March, falling a sharp 13.9% to $38.38 billion while imports dipped 7.9% to $58.11 billion. Total goods exports in 2022-23 […]
In Context India is faced with a milk shortage & the Centre has reportedly been considering the import of butter and ghee. India’s dairy sector India’s success story in milk production was scripted by Dr Verghese Kurien, known as the “Father of the White Revolution” in India Dairy: It is the single largest agricultural commodity […]
In News State-owned Solar Energy Corporation of India Ltd (SECI) has got the status of Miniratna Category-I Central Public Sector Enterprise (CPSE). About Miniratna Status In October 1997, the government granted certain autonomy & financial powers to some profit making organisations on the basis of certain criterias. The criteria laid down by the Government for […]
In News Recently, the National Stock Exchange (NSE) issued a string of notices naming entities involved in ‘dabba trading’. More about the news NSE cautioned retail investors to not subscribe (or invest) using any of these products offering indicative/assured/guaranteed returns in the stock market as they are prohibited by law. NSE also added that the […]
In News The Ministry of Textiles announced the launch of 02 Quality Control Orders (QCOs) for 31 items consisting of 19 Geo Textiles and 12 Protective Textiles in the Phase-I. QCO was the first technical regulation in the country for technical textile products. In the second phase, the Ministry plans to issue two more QCOs […]
In News Solar Energy Corporation of India Limited (SECI) has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) About SECI It was incorporated in the year 2011. It is the primary implementing agency of the Ministry of New and Renewable Energy for Renewable Energy schemes/projects towards fulfillment of India’s international commitments. […]
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