Tarun Nangia

INDIA’S MERCHANDISE EXPORT IN APRIL 2021 WAS US$30.21 BILLION

May 8, 2021

India’s merchandise exports in April 2021 was USD 30.21 billion, an increase of 197.03% over USD 10.17 billion in April 2020 and an increase of 16.03% over USD 26.04 billion in April 2019. India’s merchandise imports in April 2021 was USD 45.45 billion, with an increase of 165.99% over USD...

Badrinath to be developed as spiritual and smart hill town by oil and gas PSUs

May 7, 2021

Memoranda of Understanding (MOUs) were signed today between the Oil and Gas PSUs-IndianOil, BPCL, HPCL, ONGC and GAIL, and Shri BadrinathUtthan Charitable Trust for Construction and Redevelopment of Badrinath Dham as a Spiritual Smart hill Town. The MoUs were signed in the august presence of the Chief Minister of Uttarakhand...

Pradhan flags off used cooking oil-based biodiesel from Indian Oil’s Tikrikalan terminal

May 6, 2021

Minister of Petroleum & Natural Gas and Steel, Dharmendra Pradhan, remotely flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EOI Scheme from IndianOil’s Tikrikalan Terminal. Secretary, Ministry of Petroleum & Natural Gas Tarun Kapoor and Chairman, IndianOil S M Vaidya, were also...

INDIA BEGINS EXPORT OF ORGANIC MILLETS GROWN IN HIMALAYAS TO DENMARK

May 6, 2021

In a major boost to organic products exports from the country, first consignment of millets grown in Himalayas from snow-melt water of Ganges in Dev Bhoomi (Land of the God), Uttarakhand would be exported to Denmark. APEDA, in collaboration with Uttarakhand Agriculture Produce Marketing Board (UKAPMB) & Just Organik, an...

EUROPEAN UNION PIPS NORTH AMERICA TO BECOME TOP EXPORT DESTINATION FOR INDIAN ENGINEERING GOODS

April 28, 2021

Buoyed by rising global demand and increased economic activities, exports of 32 out of 33 engineering goods categories such as iron and steel, non-ferrous metal products, industrial machinery and office equipment recorded positive growth in March, 2021 signalling good times for exporters reeling under loss for the past one year...

AUSTRALIA, INDIA, JAPAN TRADE MINISTERS ISSUE STATEMENT ON LAUNCH OF SUPPLY CHAIN RESILIENCE INITIATIVE

April 28, 2021

The Trade Ministers of India, Japan and Australia formally launched the Supply Chain Resilience initiative in a Trilateral Ministerial Meeting held virtually on 27.04.2021. The following is the text of the Joint statement adopted in the Meeting: Mr. Dan Tehan, Australia’s Minister for Trade, Tourism and Investment, Piyush Goyal, India’s...

EXPORT OF INDIA’S PROCESSED FOOD PRODUCTS WITNESSED A GROWTH OF 26.51% DURING APRIL-FEBRUARY 2020-21, DESPITE CHALLENGES POSED BY COVID-19

April 24, 2021

Notwithstanding challenges faced by Covid-19 pandemic, India’s export of processed food products has witnessed a growth of 26.51% in Rupee term during April-February (2020-21), compared to the same period during the previous year (2019-20). The total value of export of processed products was Rs. 43,798 crores during April-February 2021 as...

NEW COMMITTEE TO REDUCE DEPENDENCY ON STEEL AND CEMENT FOR CONSTRUCTING HIGHWAYS, SAYS NITIN GADKARI

April 24, 2021

The Road Transport Ministry is setting up a committee under the chairmanship of Mr K. Venkataramanan to reduce the dependency on steel and cement to reduce the cost of construction and look for alternatives stated Mr Nitin Gadkari, Union Minister for Road Transport & Highways (MoRTH) and the Minister of...

3,600 STARTUPS TO BENEFIT FROM STARTUP INDIA SEED FUND SCHEME LAUNCHED BY PIYUSH GOYAL

April 23, 2021

Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Piyush Goyal has launched the Startup India Seed Fund Scheme (SISFS). The Fund aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. The Scheme was announced by...

CONTAINER SHORTAGE EASES IN INDIA

April 23, 2021

Shortage of containers has been eased now in the country. Special Secretary in the Logistics Division, Ministry of Commerce and Industry, Shri Pawan Agarwal informed this during media interaction today. He said that 58% additional exports have been handled in March (YoY). He added that Container Shipping Lines Association (India)...

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