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Gujarat: Centre approves over Rs 123 crore Oil Jetty development project at Deendayal Port

The Centre has approved the project of development of an Oil Jetty at Deendayal Port, Kandla in Gujarat for over 123 crore rupees.

The proposed project is designed to increase the cargo handling capacity of the port, which will attribute to a reduction in the turn-around time of liquid vessels.

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India and Russia crossed bilateral trade target of 30 billion dollars before target 2025

The external affairs minister said the bilateral trade target of USD 30 billion has been crossed much before the target year of 2025, adding the trade volume was about USD 45 billion for the period April 2022 to February 2023.

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S Jaishankar- External minister

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PM Modi to inaugurate first Global Buddhist Summit in New Delhi on 20th April

Prime Minister Narendra Modi will inaugurate the first Global Buddhist Summit in New Delhi on Thursday.

The Ministry of Culture in collaboration with its grantee body International Buddhist Confederation will host the two-day Summit.

The theme of the Global Buddhist Summit is Responses to Contemporary Challenges: Philosophy to Praxis.

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Arjun Munda to launch scheme to promote tribal products from northeast

Union Minister for Tribal Affairs Minister Arjun Munda launched a scheme to promote tribal products from the northeastern region of the country.

The scheme -- Marketing and Logistics Development for Promotion of Tribal Products from North-Eastern Region (PTP-NER) -- aims to enhance livelihood opportunities for tribal artisans in the region.

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CRED launches UPI-based P2P payments

CRED has launched its UPI-based peer-to-peer (P2P) payments, providing its users with a new payment option.

The feature allows CRED members access to 'pay anyone' through their contact list, phone numbers, or UPI IDs.

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Citi India completes first Blockchain Enabled Letter of Credit Transaction on Contour

Citi India has completed its first blockchain-enabled Letter of Credit (LC) transaction on Contour for its client Cummins India Limited (Cummins), a diversified industrials manufacturing company.

The transaction is a first for both Cummins and Citi India on Contour, as Citi continues to advance its trade digitization efforts and further enhance client experience.

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Syria becomes world's largest ‘narco-state’

Syria has witnessed a troubling transformation into the world's foremost narco-state, as its economic survival now depends heavily on the production and export of Captagon, also known as the "poor man's coke".

This highly addictive amphetamine has become the primary lifeline of the country's economy, generating more than 90% of its foreign currency.

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India gives ₹4.09 crore to UN entity for women empowerment

India has made a generous contribution of $500,000 ( ₹4.09 crore) to the United Nations Entity for Gender Equality and the Empowerment of Women, also known as UN Women.

The cheque was handed over by Ruchira Kamboj, the Permanent Representative of India to the United Nations, towards the Indian government's contribution to the core voluntary budget of UN Women.

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Bangladesh: India opens its 16th Visa application centre in Kushtia

The High Commission of India opened its 16th Visa application centre in Kushtia town of Southwestern Bangladesh.

The inauguration of the new Indian Visa Application Centre (IVAC) was done by High Commissioner Pranya Verma.

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IMF: China to be top world growth source in next five years

The International Monetary Fund (IMF) said in its latest report, China will be the top contributor to global growth over the next five years, with its share set to be double that of the US, per Bloomberg.

In total, 75% of global growth is expected to be concentrated in 20 countries and over half in the top four: China, India, the US and Indonesia.

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Fabindia announces former Tata Group executive Rajeshwari Srinivasan as new CEO

Ethnic apparel retailer Fab india has appointed Rajeshwari Srinivasan as its new chief executive officer (CEO) effective April 2023.

Srinivasan will succeed Vinay Singh, who led the company as MD and CEO for seven years.

Singh will continue as a non-executive director on the Fabindia board.

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World Heritage Day 2023

Every year on April 18, people celebrate World Heritage Day, also known as the International Day for Monuments and Sites.

This day is dedicated to promoting the importance of cultural heritage and raising awareness about the need to preserve historical sites and monuments across the globe.

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Sebi issues SOP for dispute resolution under stock exchange arbitration mechanism

Capital markets regulator Sebi has come out with a new Standard Operating Procedures (SOP) for dispute resolution under the stock exchange arbitration mechanism for disputes between a listed firm or Registrars to an Issue and Share Transfer Agents (RTAs) and its shareholders.

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20% ethanol blending by 2025-26: Oil minister

Oil minister Hardeep Singh Puri said that petrol mixed with 20% ethanol will be available by 2025, five years ahead of the earlier rollout target of 2030. Currently, 10% ethanol is blended in petrol.

The government has notified the National Policy on Biofuels, 2018 to increase usage of biofuels in the energy and transportation sectors of the country.

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