MEP
Posted in Economy Agriculture Economy Concepts

Minimum Export Price (MEP)

Directorate General of Foreign Trade (DGFT) imposed a minimum export price (MEP) of $ 800 per tonne on onion exports till December 31 2023.

Core Sectors in Industry
Posted in Economy Concepts

Core Sectors in Industry

Core sector output grew 8.1% in September

Posted in Economy Economy Institutions International Groupings World Affairs

World Gold Council

Demand for gold in India grew by 10% in Q3 2023 (July-September) as compared with the same period last year according to data released by the World Gold Council (WGC)

NHAI
Posted in Energy and Infrastructure Economy Institutions

Infrastructure Investment Trust (InvITs) | NHAI

The National Highways Authority of India (NHAI) said it awarded two highway monetization projects in the toll, operate, and transfer (TOT) mode.

Posted in Economy Economy Concepts Economy Institutions

Tax Base Widens

Direct Taxes Data shows robust growth in gross total income of individuals and a widening tax base.

Posted in Agriculture Economy Economy Schemes and Initiatives

Seed Production System in India

Symposium on Production of Improved and Traditional Seed through Cooperative Sector was organized by Bharatiya Beej Sahkari Samiti Limited (BBSSL).

Posted in Economy Energy and Infrastructure

Reference fuels

Indian Oil Corporation (IOC) released the first barrel of reference gasoline and diesel fuels.

Posted in Energy and Infrastructure

World Energy Outlook 2023

World Energy Outlook 2023 was released by the International Energy Agency (IEA) recently.

PM SVANidhi Scheme
Posted in Social Sector Economy Schemes and Initiatives

PM SVANidhi scheme

Report “Phenomenal impact of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)scheme on street vendors: An analysis by SBI” was released recently.

Posted in Economy Economy Concepts

Double Taxation Avoidance Agreement (DTAA)

Supreme Court held that DTAA cannot be given effect unless notified under Section 90 Income Tax Act which prescribes tax relief under the DTAA.

Posted in Economy Agriculture Economy Schemes and Initiatives

National Mission on Edible Oil – Oil Palm

Union government plans to cover an area larger than the entire state of Sikkim with palm oil plantations in six north-eastern states as part of National Mission on Edible Oil – Oil Palm (NMEO-OP).

Posted in Economy Chemistry Energy and Infrastructure Science & Technology

Royalty Rates for Lithium, Niobium and REEs

Government has announced new royalty rates for the mining of lithium, niobium, and rare earths to encourage domestic mining of these strategic minerals.