Invest in India News

  • Government Takes Action for Complying with New Standards for Import of Bulk Drugs into EU

    The Government of India has demonstrated its keenness to meet international requirements for exports of pharmaceutical products yet again by taking timely action for complying with the new procedural requirements of the European Union (EU) for import of Active Pharmaceutical Ingredients (APIs) into the EU. APIs are commonly referred to as bulk drugs in the pharmaceutical industry and are used in the making of formulations (medicines).

  • PM's speech at the Foundation Stone Laying Ceremony for the Indian National Defence University at Gurgaon

    Following is the text of the Prime Minister, Dr. Manmohan Singh’s speech at the Foundation Stone Laying Ceremony for the Indian National Defence University at Gurgaon today:

    “It is a great privilege for me to join you today on this auspicious occasion of laying the foundation stone for the Indian National Defence University. This is an idea that has been long in the making and I am very happy that today we are witnessing the first step towards its becoming a reality.

  • Hydro Power Generation Capacity

    As per the re-assessment studies carried out by Central Electricity Authority (CEA) during 1978-1987, the hydro power potential in terms of Installed Capacity (I.C.) is estimated at 148701 MW out of which 145320 MW of the potential consists of hydro electric schemes having I.C. above 25 MW.

    As per the extant policy, Foreign Direct Investment (FDI) up to 100% is permitted in power sector, under the automatic route for generation, transmission, distribution and trading (excluding atomic energy) which includes hydro power generation also.

  • Indo-China Bilateral Meet on Healthcare Sector Held

    Shri Ghulam Nabi Azad, Union Minister of Health & Family Welfare and Dr Li Bin, Minister of Health & Population, People’s Republic of China met in Geneva yesterday on the sidelines of World Health Assembly to discuss the strengthening of bilateral cooperation between the two countries in healthcare sector.

    Congratulating Dr Li Bin for taking over as Health Minister of China, Shri Azad stated that in view of her keen interest in the matters relating to health & population, bilateral cooperation will receive substantive fillip.

  • ICSI Conducts National Seminar on ‘Indian Financial Code’

    Union Finance Minister, Shri P. Chidambaram, here today inaugurated a National Seminar on the Indian Financial Code as recommended by the Financial Sector Legislative Reforms Commission. The Seminar was organized by the Institute of Company Secretaries of India (ICSI) which functions under the aegis of the Ministry of Corporate Affairs.

  • Farmers, Farming Communities Honoured for their Contribution in Conserving Plant Genetic Resources

    Minister of State for Agriculture and Food Processing Industries, Shri Tariq Anwar, today gave away awards to four farming communities for their outstanding contribution in conserving plant genetic resources. These awards, carrying a cash prize of Rs. 10 lakh each, have been instituted by the Protection of Plant Varieties and Farmers’ Right Authority (PPV &FR).

  • Enviornment Ministry Celebrates International Day for Biological Diversity

    Today is the International Day for Biological Diversity . The theme for 2013 is ‘Water and Biodiversity’, both of which represent essential building blocks of life on Earth. The theme reflects the reality that water sustains all life on earth, and that ecosystems of our world, particularly forests and wetlands, ensure that clean water is available to us. However, despite being two sides of the same coin, they are rarely seen in unison when it comes to their conservation, use and management.

  • Steel Minister reviews SAIL’s performance and progress of Modernisation and Expansion

    The Union Minister for Steel, Shri Beni Prasad Verma has reviewed the Quarter 4 and Financial year 2012-13 performance of Steel Authority of India Limited (SAIL) here today.

  • International crude oil price of Indian Basket Rises sharply to 102.50/US$ bbl on 20.5.2013

    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 inched up to US$ 102.50/per barrel (bbl) on 20.05.2013. This was higher than the price of US$ 101.96/bbl prevailing on the previous trading day of 17.05.2013.

     

  • Indo- Swiss Bilateral Meet Held at Geneva

    With the aim of giving further impetus to cooperation in the field of healthcare, Union Minister of Health & Family Welfare, Shri Ghulam Nabi Azad and Minister of Health Switzerland, Mr Alain Berset held a bilateral meeting on the sidelines of World Health Assembly at Geneva yesterday.

  • Development of Community Forest Resources

    The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 was enacted in 2006 and has come in force on 2.1.2007. The Ministry of Tribal Affairs is the nodal Ministry for implementation of the Act. The Ministry has notified the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Rules, 2007 on 1.1.2008 and the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Amendment Rules, 2012 on 6.9.2012.

  • Commodity-Wise Freight Traffic Earnings by Railways During April 2013

    Out of the total earnings of Rs. 7477.30 crore from commodity-wise freight traffic during the month of April 2013, Rs. 3420.74 crore generated from transportation of 42.96 million tonnes of coal, followed by Rs. 604.13 crore from 8.90 million tonnes of iron ore for exports, steel plants and for other domestic user, Rs. 748.94 crore from 9.27 million tonnes of cement, Rs. 729.94 crore from 4.62 million tonnes of foodgrains, Rs. 426.18 crore from 3.33 million tonnes of petroleum oil and lubricant (POL), Rs.

  • International crude oil price of Indian Basket Moves up to 101.96/US$ bbl on 17.5.2013

    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 inched up to US$ 101.96/per barrel (bbl) on 17.05.2013. This was higher than the price of US$ 101.46/bbl prevailing on the previous trading day of 16.05.2013.

     

  • India and United Kingdom Sign MOU on cooperation in Health sector

    Union Minister of Health & Family Welfare India, ShriGhulamNabi Azad and Secretary of State for Health, UK, Mr. Jeremy Richard Hunt signed an MOU on cooperation in the field of health sector last evening at Geneva between the Government of India and the Government of the United Kingdom of Great Britain and Northern Ireland.

    Describing the agreement as a historic event and a great milestone, Shri Azad noted with optimism that this agreement is going to usher in a new era of cooperation in the health sector between the two countries.

  • Media Statement by Prime Minister during the State Visit of Chinese Premier H.E. Li Keqiang to India

    Following is the text of Prime Minister, Dr. Manmohan Singh’s statement to the media following delegation level talks with Chinese Premier H.E. Li Keqiang in New Delhi today:

    “It is an honour for me to welcome Premier Li on his first official visit to India. It has been an immense pleasure to get to know him personally. I sincerely appreciate his reaching out to me on his first day in office and his choosing India as his first foreign destination as Premier.