The combined Index of Eight Core Industries (ICI) increased by 5.2 per cent (provisional) in March, 2024 as compared to the Index in March, 2023.

The production of Cement, Coal, Electricity, Natural Gas, Steel and Crude Oil recorded positive growth in March 2024.

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NHPC Limited to collaborate with Norwegian company for implementation of Floating Solar Energy Technology in India

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🔆Integrated Pensioners’ Portal

With launch of Integrated Pensioners’ Portal of Bank of India, five Banks stand integrated to provide services from a single window

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Launch of Intelligent Transportation System (ITS) Technology/Product Booklet and ToT of Thermal Camera to Industry

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🔆Commission on Population and Development

The Permanent Mission of India to the United Nations and the Ministry of Panchayati Raj, in collaboration with the United Nations Population Fund is organizing event titled “Localizing the SDGs: Women in Local Governance in India Lead the Way” during the 57th Session of the Commission on Population and Development (CPD57).

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🔆2nd Session of India-Nigeria Joint Trade Committee held in Abuja

Both sides to finalise Local Currency Settlement System Agreement soon

Nigeria is a major partner- the 2nd largest trading partner of India in Africa region. Bilateral trade between
India and Nigeria stood at USD 11.8 billion in 2022-23. In the year 2023-24, the bilateral trade stands at 7.89
billion showing a declining trend

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🔆7th India - Indonesia joint defence cooperation Committee meeting held in New Delhi

India and Indonesia have a Comprehensive Strategic Partnership and have arrived at a shared vision of the Indo-Pacific.
In current times, this partnership is characterised by closed cooperation in bilateral and multilateral arena, including frequent high-level interactions.
Indonesia is an important partner in India’s Act East Policy and the Indo-Pacific region.

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🔆75 delegates representing 23 countries are in India to witness the Indian General Elections as part of the International Election Visitors’ Programme (IEVP)

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IFoS 2023 Final Result

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✅The GSTAT is the Appellate Authority established under the Central Goods and Services Tax Act, 2017, to hear various appeals under the said Act.
✅It represents a specialised authority formed to resolve GST-related disputes at the appellate level.
✅It will be the forum of second appeal under GST laws and is the first common forum of dispute resolution between the Centre and the states.
✅It consists of a Principal Bench and various State Benches.
✅As per the approval of the GST Council, the Government has notified the Principal Bench, to be located at New Delhi, and 31 State Benches at various locations across the country.
✅Significance: The Tribunal will ensure swift, fair, judicious and effective resolution to GST disputes, besides significantly reducing the burden on higher courts.
✅The establishment of the GSTAT would further enhance the effectiveness of the GST system in India and foster a more transparent and efficient tax environment in the country.

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