Indian Services Exports Set a New Record
India’s Services exports set a new record of USD 254.4 Billion in the financial year 2021-2022. The new record achieved in 2021-22 beats the previous high of USD 213.2 Billion in 2019-20.
PLASTINDIA 2023
Union Minister for Chemicals & Fertilizers and Health & Family Welfare launched Plastindia 2023-11th International Plastic Exhibition & Conference. PLASTINDIA is a series of exhibitions under the aegis of the Plastindia Foundation.
National Open Access Registry (NOAR)
National Open Access Registry (NOAR) has successfully gone live from 1st May 2022. National Load Despatch Centre (NLDC) operated by Power System Operation Corporation Limited (POSOCO) has been designated as the nodal agency for the implementation and operation of NOAR.
Indian Pharma exports
Indian pharma exports witnessed a growth of 103% from 2013-14, from Rs. 90, 415 Crores in 2013-14 to Rs. 1, 83, 422 Crores in 2021-22. The exports achieved in 2021-22 is the Pharma Sector’s best export performance ever.
KVIC Exceeds Turnover of Rs 1 lakh crore
NEWS: Khadi and Village Industries Commission (KVIC) has achieved a massive turnover of Rs 1.15 lakh crore, which is unprecedented by any FMCG company in the country. This makes KVIC the only company in the country to have recorded a turnover of Rs 1 lakh crore.
Core Industries grew by 10.4% during April-March
The cumulative growth rate of the Index of Eight Core Industries (ICI) during April-March was 10.4% (provisional) as compared to the last Financial Year. The combined Index of Eight Core Industries stood at 157.3 in March 2022, which increased by 4.3 percent (provisional) as compared to the Index of March 2021.
IFSCA Issues Framework for FinTech Entity in the IFSCs
News: The International Financial Services Centres Authority (IFSCA), has issued a detailed “Framework for FinTech Entity in the IFSCs”.
Exports of Indian chemicals
News: Exports of Indian Chemicals have registered growth of 106% in 2021-22 over 2013-14.
India’s exports of Chemicals for 2021-22 hit a record at US$ 29296 Million, whereas in 2013-14 India’s Chemical exports was US$ 14210 Million.
Cabinet approves revised cost estimate on \’Setting up of IPPB\’
News: The Union Cabinet chaired by the Prime Minister has approved the revision of project outlay for the setting up of India Post Payments Bank (IPPB).
HUDCO Celebrates its 52nd Formation Day
News: Housing and Urban Development Corporation Ltd. (HUDCO) recently celebrated its 52nd foundation day.
