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Daily Archives: August 17, 2024

Union Cabinet Approves Major Airport Projects in West Bengal and Bihar

Union Cabinet Approves Major Airport Projects in West Bengal and Bihar

The Union Cabinet has greenlit significant airport infrastructure projects in West Bengal and Bihar, with a total investment of approximately ₹2,962 crore. These developments are set to enhance air travel facilities and address growing passenger demand in these regions. Patna’s Second Airport The Cabinet has approved the construction of a second airport at the Indian …

Six New Parliamentary Committees For 2024-25

Six New Parliamentary Committees For 2024-25: Lok Sabha Speaker Constitutes

The Lok Sabha speaker on August 17, named the constituents of the six new Parliamentary Committees including the Public Accounts Committee (PAC) which examines government expenditure. Ganesh Singh, BJP MP from Satna, Madhya Pradesh has been appointed as the chairperson of the Committee on Welfare of Other Backward Classes. Six New Parliamentary Committees for 2024-25 …

Decline in FDI in India's Food Processing Sector in 2023-24

Decline in FDI in India’s Food Processing Sector in 2023-24

Foreign direct investment (FDI) in India’s food processing sector experienced a significant decline of 30% in the fiscal year 2023-24, totaling Rs 5,037.06 crore, down from Rs 7,194.13 crore in 2022-23. This decline follows a series of fluctuating FDI levels over recent years, with previous figures including Rs 5,290.27 crore in 2021-22, Rs 2,934.12 crore …

Government Initiates Anti-Dumping Investigation into Steel Imports from Vietnam

Government Initiates Anti-Dumping Investigation into Steel Imports from Vietnam

India has initiated an anti-dumping investigation into the import of hot rolled flat products from Vietnam following complaints that these products are being sold at significantly low prices, negatively impacting the domestic steel industry. The move, driven by requests from leading Indian steelmakers such as JSW Steel and ArcelorMittal Nippon Steel India (AM/NS India), seeks …

’Ladki Bahin Yojana’ Today For 1 crore Women; Eligibility, Benefits

’Ladki Bahin Yojana’ Today For 1 crore Women; Eligibility, Benefits

The Eknath Shinde-led Maharashtra government is set to officially launch the ‘Mukhyamantri Majhi Ladki Bahin Yojana’ today on the occasion of Raksha Bandhan. This initiative aims to provide ₹1500 every month to more than one crore women across the state. Ladki Bahin Yojana The Maharashtra Chief Minister will roll out the ‘Ladki Bahin‘ scheme modelled on the lines …

RBI Approves Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank

RBI Approves Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank

The Reserve Bank of India (RBI) has approved the appointment of Salee Sukumaran Nair as the Managing Director and Chief Executive Officer of Tamilnad Mercantile Bank (TMB) for a three-year term. Nair, a seasoned banker with over 35 years of experience, is stepping into this role following his tenure as Deputy Managing Director and Chief …