Oil & Gas sector is a key contributor to Indias economy. India is the third largest consumer of crude oil and petroleum products globally accounting for 4.5 % of world oil consumption in 2015, behind US and China. India’s refining capacity is 230 MMTPA (Million Metric Tonnes Per Annum).
The Chemicals industry in India is an important contributor to the Indian economy sustaining a variety of downstream industries such as textiles and pharmaceuticals. The Indian chemicals industry with a market size of USD 145 billion is the seventh largest producer of chemicals worldwide and the third largest producer in Asia after China and Japan
The Biotechnology sector is one of the sunrise sectors in India. The government is investing substantially for creating human capital and infrastructure with a special focus on R&D to develop India into a world class bio manufacturing hub. The sector in India, which is currently growing at 20% is expected to go up to USD 11.6 Billion by 2017.
Pharma Data Bank, an integrated pharmaceutical database management system was launched on June 25, 2015, to facilitate online filling of mandatory returns as prescribed in Drugs (Prices Control) Order, 2013. The database also provides a facility for submitting Form-I application for price approval of ‘new drug’ under DPCO, 2013.
It is clarified that Co-operative Banks are not authorised banks to accept deposits under PMGKDS, 2016. Application for the deposit in the form of Bonds Ledger Account shall be received by any banking company, other than Co-operative Banks, to which the Banking Regulation Act, 1949 (10 of 1949) applies.
Consultation Paper on Amendment to SC(R)(SECC) Regulations, 2012 to enable Commodity Derivatives Exchanges to Deal in Instruments relating to Commodity Derivatives including Options
Cabinet Committee has given its ‘in principle’ approval for listing the following five Government owned General Insurance Companies in the stock exchanges.
Job Details Qualifications: CA, CFA, MBA / PGDM Industry: Chemicals and Power, Pharmaceutical Profile: Finance Manager Expiry Date: 31 Mar 2017 Location- Vadodara Job Description 1. Liasioning with Bank and financial institutions and Advisors for Fund Raising. 2. Prepare Loan proposals and Corporate presentations which includes completing Pre-sanction due diligence and Post-sanction financial closure or […]
Applying for PAN / TAN will be compulsory for all fresh incorporation applications filed in the new version of the SPICe form on or after 23 January 2017.
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of the Repealing and Amending Bill, 2017 to repeal 105 Acts.
