Archive for October, 2014

Index of Eight Core Industries (Base: 2004-05=100), September, 2014

Comments Off | 10-31-2014

The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.
The Eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 160.6 in September, 2014, which was 1.9 % higher compared

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Government Committed to Increase Savings Rate in the Country: Secretary, Financial Services

Comments Off | 10-31-2014

National Savings Institute (NSI), Ministry of Finance, Government of India jointly celebrated here today the World Thrift Day, in collaboration with World Savings & Retail Banking Institute (WSBI), Brussels. In his message on this occasion, the Prime Minister Shri Narendra Modi said that “Thriftiness teaches us to be more modest and restrain ourselves in using

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DG, ITBP hands over cheque worth Rs. 2.91 crore for PMNRF, to PM

Comments Off | 10-30-2014

The DG, ITBP Shri Subhas Goswami, today called on the Prime Minister, Shri Narendra Modi and handed over a cheque worth Rs. 2.91 crore for the Prime Minister’s National Relief Fund, towards the flood-affected people of Jammu and Kashmir. This is equivalent to one day’s salary of ITBP personnel.

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Global crude oil price of Indian Basket was US$ 84.49 per bbl on 27.10.2014

Comments Off | 10-29-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 84.49 per barrel (bbl) on 27.10.2014. This was lower than the price of US$ 84.76 per bbl on previous publishing day of 24.10.2014.
In rupee terms, the price

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US India Business Delegation Meets Agriculture Minister

Comments Off | 10-28-2014

An executive level delegation of US India Business Council having representatives from Food and Agriculture sector today met Union Agriculture Minister, Shri Radha Mohan Singh. Detailing the purpose of their visit the delegation said that they have come to express their commitment to advancing agricultural development in India and discuss areas where the Government and

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Competition Commission of India Imposes Penalty of Rs. 10,62,062/- on CDAG

Comments Off | 10-28-2014

The Competition Commission of India (‘the Commission’) has found the Chemist and Druggists Association, Goa (CDAG) to be in continued contravention of the provisions of the Competition Act, 2002 (‘the Act’). In an earlier case [MRTP-C-127/2009/DGIR (4/28)], the Commission found CDAG to be in contravention of the Act and thereafter passed an order under section

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Government approves Twenty (20) Proposals of Foreign Direct Investment amounting to Rs 988.3 Crore

Comments Off | 10-26-2014

Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on September 16, 2014, the Government has approved twenty (20) proposals of Foreign Direct Investment amounting to Rs. 988.3 crore approximately.
Details of Proposals considered in the Foreign Investment Promotion Board (FIPB) Meeting held on 16th September, 2014 are as follows:

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Global crude oil price of Indian Basket was US$ 83.73 per bbl on 21.10.2014

Comments Off | 10-26-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 83.73 per barrel (bbl) on 21.10.2014. This was lower than the price of US$ 84.12 per bbl on previous publishing day of 20.10.2014.
In rupee terms, the price

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Global crude oil price of Indian Basket was US$ 84.12 per bbl on 20.10.2014

Comments Off | 10-26-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 84.12 per barrel (bbl) on 20.10.2014. This was lower than the price of US$ 85.06 per bbl on previous publishing day of 17.10.2014.
In rupee terms, the price

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Global crude oil price of Indian Basket was US$ 85.06 per bbl on 17.10.2014

Comments Off | 10-26-2014

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 85.06 per barrel (bbl) on 17.10.2014. This was higher than the price of US$ 82.83 per bbl on previous publishing day of 16.10.2014.
In rupee terms, the price

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