Finance

Exchange Rate Notification No. 49/2022 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.43/2022-Customs(N.T.), dated 19th May 2022 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 3rd June 2022, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods. […]

Foreign Relations

Vice President of India visit Gabon

As part of his three nations tour, Hon’ble Vice President of India (HPVI) Shri M Venkaiah Naidu arrived in Gabon on May 30 on his first-ever high-level bilateral official visit from 30 May – to 1 June 2022. […]

Finance

First-ever Revision of premium rates of PMJJBY and PMSBY

In view of the long-standing adverse claims experience of the schemes, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), and in order to make them economically viable, the premium rates of the schemes have been revised by making it Rs 1.25 per day premium for both schemes that includes revising PMJJBY from Rs. 330 to Rs. 436 and PMSBY from Rs. 12 to Rs. 20.

[…]

Finance

DRI seizes Red Sanders worth Rs. 11.70 crore under “Operation Rakth Chandan”

In line with its commitment to preserving the natural heritage of the nation, the Directorate of Revenue Intelligence (DRI) has recovered 14.63 MT of Red Sanders, estimated at Rs 11.70 crore in the international market, from a consignment that was stuffed at ICD Sabarmati, and which was to be exported to Sharjah, UAE. […]

Foreign Relations

India-Vietnam Political Consultations and Strategic Dialogue

Shri Saurabh Kumar, Secretary (East), MEA visited Hanoi on 30 May 2022 and co-chaired the 12th round of Political Consultations and the 9th round of Strategic Dialogue between the Foreign Ministries of India and Vietnam with his counterpart, Vice Foreign Minister H.E. Mr. Nguyen Minh Vu. […]

Technology

CSIR-NIScPR and CSIR-IIP organize Farmer-Industry-Scientist Meet

Dissemination of CSIR Technologies ‘Kisan Sabha’ & ‘Gur Bhatti’ for Rural Development; Recently CSIR-NIScPR has undertaken a major initiative for dissemination of CSIR technologies for creating livelihood opportunities in rural areas in the wake of the situation created by the COVID-19 pandemic
[…]

Business

New Guidelines of MSE-CDP approved

The Government has approved the New Guidelines of the Micro & Small Enterprises Cluster Development Programme (MSE-CDP), which will be implemented during the 15th Finance Commission Cycle(2021-22 to 2025-26). […]

Business

Regional Toys Fair inaugurated at Varanasi

The first Regional Toys Fair is being organized in Varanasi at Deendayal Hastkala Sankul Trade Facilitation Centre & Museum from 27th -30th May 2022 by the office of Development Commissioner Handicrafts, Ministry of Textiles in association with Export Promotion Council for Handicrafts (EPCH).
[…]