The Minister of State for Defence Dr. MM Pallam Raju has said that there is tremendous potential for defence cooperation with Italy. Addressing a roundtable on ‘Indo-Italian Defence Cooperation: Opportunities for Partnership and Co-Development’ here today, he said that with the reforms introduced in our Defence Offset Policy, the opportunities have grown manifold.
“Many Indian defence

EXPORTS (including re-exports)
India’s exports during September, 2011 were valued at US $ 24821.59 million (Rs.118233.94 crore) which was 36.36 per cent higher in Dollar terms (41.01 per cent higher in Rupee terms) than the level of US $ 18203.53 million (Rs. 83848.35) during September, 2010. Cumulative value of exports for the period April-September 2011 -12

Following is the text of the clarification issued by Central Board of Direct Taxes, Department of Revenue, Ministry of Finance:
“A section of the press has reported today that some investigations relating to banking information received from overseas have been referred to the Directorate of Criminal Investigation by the Central Board of Direct Taxes for prosecution,

The Union Minister of Commerce, Industry and Textiles Shri Anand Sharma has expressed confidence that India and Italy will reach the target of Euro 15 bn. Speaking at Ministerial Forum: ‘Indo-Italian Cooperation: Addressing Challenges, Strengthening Ties’ , here today, Shri Sharma emphasized that Trade between our countries last year stood at US$ 8.50 billion and

The Union Finance Minister Shri Pranab Mukherjee today formally launched the central government e-payment system He said that the commissioning of the e-payment system is a major achievement and indicates Government’s strong commitment towards improving efficiency in our financial system, strengthening transparency in operations and introducing reforms for better governance. The Finance Minister said that

The World Bank today signed a US$ 975 million loan agreement with the Department of Economic Affairs, Ministry of Finance, Government of India, and the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) to set-up the Eastern Dedicated Freight Corridor-I (a freight-only rail line) that will help faster and more efficient movement of raw materials

Government has sanctioned 21 new Textiles Parks under the Scheme for Integrated Textiles Parks with a project cost of Rs. 2100 crores to be implemented over a period of 36 months. Minister for Commerce, Industry and Textiles Shri Anand Sharma as Chairman of the Project Approval Committee under the Scheme accorded approval to the recommendations

Government has sanctioned 21 new Textiles Parks under the Scheme for Integrated Textiles Parks with a project cost of Rs. 2100 crores to be implemented over a period of 36 months. Minister for Commerce, Industry and Textiles Shri Anand Sharma as Chairman of the Project Approval Committee under the Scheme accorded approval to the recommendations

A cheque for Rs. 24.83 crore was presented today to Shri Anand Sharma, Minister for Commerce, Industry & Textiles by Smt Vijaylaxmi Joshi, Additional Secretary, Department. of Commerce and CMD, MMTC Limited towards 25% Final dividend for fiscal 2010-11. MMTC, the largest international trading company of India, at its 48th Annual General Meeting held on

The Union Home Minister Shri. P.Chidambaram released “Crime In India-2010” a publication of national importance brought out by National Crime Records Bureau in New Delhi today. Shri N.K. Tripathi, Director General, NCRB, Smt. B. Bhamathi, Additional Secretary, MHA and Shri.P.R.K.Naidu, Joint Director, NCRB, were present during this occasion. NCRB publishes Crime in India from the