Economy

Action Construction Equipment gets order from Ministry of Defence
Action Construction Equipment (ACE), a leading material handling and construction equipment manufacturing company, awarded with a prestigious order of forklifts from Ministry of Defence. Under the agreement, Action Construction Equipment have to supply 99 forklifts to Ministry of Defence (MoD). The Company informs the exchange and investors about the prestigious order on Monday, September 09….

Ministry of Corporate Affairs organised annual half marathon
Ministry of Corporate Affairs organised “Niveshak Mashal” annual half marathon to promote financial literacy and investor awareness. These initiatives, organised as part of the 8th Foundation Day. Ms. Anita Shah Akella, CEO of IEPFA and joint secratary, MCA flagged of the event featured multiple race categories of Half Marathon, 10km, and 5km, spreading the message…

Piyush Goyal to attend G7 Trade Minister’ meeting
Union Minister of Commerce and Industry Piyush Goyal attended the G7 Trade Ministers’ meeting held at Villa San Giovanni, Regio Calabria, Italy. The meeting was held for discussions on enhancing global trade relations and economic cooperation. Piyush Goyal engaged to reflect India’s commitment to fostering stronger economic partnerships globally. Piyush Goyal, during discussions with Antonio…


Union Budget 2024: Budget Session of Parliament from 22 July to 12 August
Union Finance Minister Nirmala Sitharaman will present the first Union Budget (2024-25) of NDA Government’s third successive term on July 23, Minister of Parliamentary Affairs, Kiren Rijiju tweeted on X. Union Budget, 2024-25 will be presented in Lok Sabha on 23 July, 2024. The Budget Estimates 2024-25 Rs. 47.66 lakh crores respectively. Tax receipts are…

Prime Minister Modi to visit Russian Federation and the Republic of Austria on July 8-10
Indian Prime Minister Shri Narendra Modi will pay a two-day visit to Russia to hold the 22nd India-Russia annual summit that will review the entire range of multifaceted ties between the two countries. On 8-9 July, 2024, PM Modi will the 22nd India-Russia Annual Summit and interact with members of the Indian community in Moscow….

India’s Defence Production hits record high of approx. Rs. 1.27 lakh crore
Ministry of Defence has achieved the highest-ever growth in indigenous defence prodcution in value terms during Financial Year 2023-24. India’s Defence production has achieved the highest growth of approx Rs. 1.27 lakh crores. The defence production increased by 16.8% over the previous FY year, THE VALUE OF defence production in FY 2022-23 was Rs. 1,08,684…

One in five of India’s MSMEs are owned by women entrepreneur
Women’s today are achieving remarkable success in entrepreneurship, leading innovative businesses and reshaping industries, proving the importance of diversity and inclusion in driving process. In India, women-led businesses have been providing a great impetus to the economy. Shri Narayan Rane, Union Minister for Micro, Small and Medium Enterprises, stated that, “women entrepreneurs in India play…

India becomes the 3rd largest automobile market in the world as per Mar 24
India is the world’s 3rd largest automobile market. The Automobile industry produced a total 28.43 Mn vehicles in Apr 2023 to Mar 2024. India is the world’s largest manufacturer of two-wheelers, with over 21 Mn produced annually. India is the world largest manufacturer of tractors. World’s third largest heavy truck manufacturer and fourth largest car…
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