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Engineering, petrol products, gems drive exports up 50.45% in August first week

The top export destinations were the US, UAE and Saudi Arabia while the highest rise in imports was seen from the UAE, China and Nigeria. ....

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WPI inflation hits record high of 12.94% in May on costlier fuel

India Business News: The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods. Low b ....

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startups: Recognised startups created 1.7 lakh jobs in 2020-21: Govt

As on June 3, 50,000 startups across have been recognized as startups by the Department for Promotion of Industry and Internal Trade (DPIIT) with most being in the food processing, product development, application development, IT consulting, and business support services sector, the commerce and industry ministry said in a statement. ....

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Piyush Goyal asks industry associations to prepare protocol checklist for possible third COVID-19 wave

Piyush Goyal also suggested them to help the children impacted by the COVID-19 pandemic
Commerce and Industry Minister Piyush Goyal has called upon industry associations to prepare a comprehensive checklist that needs to be followed for a possible third COVID-19 wave to deal with the crisis.
He also suggested them to help the children impacted by the pandemic.
The Minister said this while meeting industry associations on June 1 to review their preparedness to meet the present and future challenges because of COVID-19 pandemic.
Mr. Goyal has said that in the recent past, due to the rapid rise in COVID-19 cases, the industrial production was severely impacted due to lockdowns, non-availability of oxygen, migration of workers, and the spread of the virus amongst the workforce. ....

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FDI jumps 19% to USD 59.64 billion in 2020-21: Govt data

FDI jumps 19% to USD 59.64 billion in 2020-21: Govt data
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Last Updated: May 24, 2021, 05:21 PM IST
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Synopsis
Total FDI, including equity, re-invested earnings and capital, rose 10 per cent to the highest ever of USD 81.72 billion during 2020-21 as against USD 74.39 billion in 2019-20.
Agencies
Foreign direct investments (FDI) into the country grew 19 per cent to USD 59.64 billion during 2020-21 on account of measures taken by the government on the fronts of policy reforms, investment facilitation and ease of doing business, commerce and industry ministry said on Monday.
Total FDI, including equity, re-invested earnings and capital, rose 10 per cent to the highest ever of USD 81.72 billion during 2020-21 as against USD 74.39 billion in 2019-20. ....

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