Monday, May 23, 2022
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Inflation bites: WPI spikes 12-year high to 14.23 percent in November

The rate of wholesale inflation (WPI) spiked to 14.23 percent in November 2021, as per the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), which is the highest in past 12 years

India amends rules for Ammonium Nitrate, SMPV to enhance safety, ease of doing business

India has announced amendments in its Ammonium Nitrate and Calcium Carbide rules, incorporating more stringent safety measures while promoting ease of doing business

DPIIT releases new edition of consolidated FDI policy

DPIIT's new FDI policy includes the decision wherein the government in April made its prior approval mandatory for foreign investments from countries that share a land border with India to curb "opportunistic takeovers" of domestic firms following the COVID-19 pandemic

With ‘Make in India’ in mind, DPIIT to appoint agency to scrutinise govt tenders

In order to give priority to the products that are 'Made in India' the DPIIT has floated a notice inviting request for proposal (RFP) from agencies that would scrutinise govt procurement process

Index of eight core sector released for May, output shrinks further

The growth rate of Index of Eight Core sector for May 2020 declined by 23.4% (provisional) compared to decline of 37% in previous month of April 2020. Its cumulative growth during April to May, 2020-21 was -30.0%

Vested interests trying to stall BSNL 4G equipment tender, unions tell PM

Employee unions and associations at BSNL have written a letter to Prime Minister Narendra Modi, claiming that vested interests are trying to stall BSNL’s 4G tender

Is BSNL really putting its Rs 9,000-cr 4G tender on hold? Here’s what CMD said

The statement comes as reports in certain sections of the media have claimed that the DPIIT has asked BSNL to put the tender on hold because of some anomalies

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