Invest in India News

  • Cabinet approves setting up of Indian Institute of Petroleum and Energy (IIPE) at Visakhapatnam in Andhra Pradesh

    The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for setting up of Indian Institute of Petroleum and Energy (IIPE) at Visakhapatnam in Andhra Pradesh as "an Institute of National Importance" through an Act of Parliament. The Institute will have the governance structure as well as legal mandate to grant degrees in a manner similar to that enjoyed by IITs. A separate Act will also impart the required status to the Institute to become a "Centre of Excellence" in petroleum and energy studies. 

  • Cab Safety measures for Women recommended by WCD Ministry included in the New Taxi Policy Guidelines

    The safety measures, recommended by the Ministry of Women and Child Development, concerning safety of women commuters availing of cab services have been included in the new Taxi Policy Guidelines. These measures have been recommended by the WCD Minister , Smt Maneka Sanjay Gandhi to the Ministry of Road Transport and Highways and Shipping (MoRTH). 

  • India-Australia launch Sports Partnership in Mumbai

    India and Australia today launched Sports partnership in Mumbai aimed at increasing  cooperation in sports.  The Partnership, which was launched by the Union Minister for Youth Affairs & Sports Mr. Vijay Goel and the visiting Australian Prime Minister Mr. Malcolm Turnbull, in the presence of cricketing legend Sachin Tendulkar, will advance India – Australia cooperation in four areas - athlete and coach training and development, sport science, sport governance and integrity, and grassroots participation.”

  • Introduction of GST

    Tax on sale or purchase of goods within a State as per Entry List II of Seventh Schedule of the Constitution is a State subject, and accordingly, VAT was been introduced by the concerned States, in place of turnover taxes. The introduction of VAT ensured that credit of taxes paid on the inputs were available to a tax payer while discharging his output tax liability. This helped in minimizing cascading of taxes at the State level and in increasing compliance because of the in-built mechanism of transfer of input tax credit.

  • G 20 Digital Ministers’ Meet on Digital Economy Better International Cooperation Needed to Check Cyber Crimes and Cyber Terrorism - Ravi Shankar Prasad

      India supports better international cooperation in cyber security to fight against growing cybercrime and cyber terrorism. Ravi Shankar Prasad, Hon’ble Union Minister for Electronics & IT and Law and Justice expressed these views at the bilateral meeting held in Germany during G20 Digital Ministers meeting on Digital Economy.  He also offered to share India’s experience in carrying out digital India initiatives with other digital economies. He said that India is also of th

  • Joint Feasibility Study on the Free Trade Agreement between India and Georgia

    A high level delegation led by the Minister of Economy and Sustainable Development of Georgia, Mr.GiorgiGakharia called on the Commerce & Industry Minister Smt. Nirmala Sitharamantoday on 11th April 2017. 

  • Auction for Sale (Re-issue) of Government Stocks

    The Government of India have announced the Sale (re-issue) of (i) “6.84 per cent Government Stock 2022” for a notified amount of  Rs. 4,000 crore (nominal) through 

  • Committee recommendations to review Khadi Industries

    The Central Government had constituted the following Committees to review the existing structure, functioning and performance of Khadi Village and Industries Commission(KVIC) to study the regulatory framework and to recommend any other measures considered necessary to revamp the KVIC. 

    1.      High Power Committee headed by late Prime Minister Shri PV Narasimha Rao

  • Comprehensive Sustainable Tourism Criteria for India (STCI)

    The Comprehensive Sustainable Tourism Criteria for India (STCI) for Accommodation, Tour Operators and Beaches, Backwaters, Lakes & Rivers sectors were launched in August 2014 and has been accepted by the stakeholders. No issues/problem in this regard have surfaced. 

  • AYUSH Minister Shripad Yesso Naik to inaugurate the International Convention on World Homoeopathy Day tomorrow

    Minister of State (Independent Charge), for AYUSH Sh. Shripad Yesso Naik, will inaugurate the National Convention on World Homoeopathy Day on 10 April 2017 at New Delhi tomorrow. Member of Parliament and Parliamentary Standing Committee of Ministry of AYUSH, Health and Family Welfare Dr. Manoj Rajoria will preside over the function. The event is being organized to commemorate the 262nd birth anniversary of the founder of Homoeopathy, Dr.

  • Shri Rajnath Singh chairs 11th Standing Committee meeting of Inter-State Council

    Standing Committee examines in detail various recommendations of Punchhi Commission 

  • Shri Rajnath Singh to inaugurate the web portal “Bharat ke Veer”

    Aims to enable donors to contribute towards the family of a braveheart who sacrificed life in line on duty 

    The Union Home Minister Shri Rajnath Singh will inaugurate the web portal and mobile application named “Bharat ke Veer” here tomorrow. The portal is an IT based platform, with an objective to enable willing donors to contribute towards the family of a braveheart who sacrificed his/her life in line of duty. The Minister of State for Home Affairs Shri Kiren Rijiju and actor Akshay Kumar will also participate in the function.

     

  • Infrastructure and Technological Improvement to Check Post-Harvest Losses

                As per the study by ICAR – Central Institute of Post-Harvest Engineering and Technology (CIPHET), Ludhiana (Punjab), annual value of harvest and port-harvest losses of major agricultural produces at national level was of the order of Rs.92, 651 Crore based on production data of 2012-13 and wholesale prices of 2014. 

     

  • New Technologies for Increasing Shelf Life of Fruits and Pulses

    Ministry of Food Processing Industries (MoFPI), under its scheme of Research & Development in processed food sector, extends financial assistance as grant-in-aid to various institutions/universities, Public funded organizations and recognized Research & Development (R&D) laboratories both in public and private sector, to promote and undertake demand driven R&D work in Food Processing Sector including citrus fruits & storage of pulses, for design & development of equipments, improved storage, self life etc. 

  • India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System

    The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power generated from new mega solar parks to the interstate grid, and improve reliability of the national grid system here yesterday.