India, Oct. 14 -- The Government of India has issued a release: India is the world's largest producer and exporter of coir and coir products, accounting for about two-thirds of global production. The Indian Coir Industry has a turnover of approximately Rs.16,000 crore and contributes close to 1% to India's GDP. In FY 2025-26, India's exports of coir and coir products were valued at Rs.6,614.40 crore, with the US, China, Netherlands, Spain and the UK being the major export destinations. Coir pi...
India, Oct. 14 -- The Government of India has issued a release: In a significant move to address the issue of pendency of cases at the District and Subordinate Judiciary, the Ministry of Law and Justice, Government of India, has decided to take action in a focused manner by identifying hotspot districts where such cases are in large number. Accordingly, under the guidance of Union Law Minister Shri Arjun Ram Meghwal, the department has initiated a nationwide, research-based mission targeting th...
India, Oct. 14 -- The Government of India has issued a release: The Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti, today organised the third virtual conference with States and Union Territories as part of a series of thematic consultations being held in follow-up to the Departmental Summit on Water 2026 held on 1-2 September 2026. The conference focused on strengthening convergence between Jal Jeevan Mission (JJM) 2.0 and VB-G RAM G to advance source sustainability,...
India, Oct. 14 -- The Government of India has issued a release: The Chairman of the High-Level Committee on Demographic Changes (HLCDC), Justice Prakash Prabhakar Naolekar (Retd.) has launched the Committee's dedicated digital web portal in New Delhi. The web portal is available at https://demography.mha.gov.in and fully operational and open for public access, stakeholder submissions, and data interaction. The portal facilitates the Central Government Ministries/Departments, State/UT Governme...
India, Oct. 14 -- The Government of India has issued a release: The Ministry of Food Processing Industries is actively undertaking the ongoing Special Campaign 6 with a focus on institutionalising cleanliness, improving records management, promoting efficient disposal of pending matters and ensuring optimum utilisation of office space. During the Campaign, the Ministry is undertaking focused action on the identification and disposal of pending references from Members of Parliament, State Gover...
India, Oct. 14 -- The Government of India has issued a release: Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman will undertake an official visit to Bangkok, Thailand, from October 14th to 18th, 2026, to participate in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, along with meetings of the G20 and G7 Finance Ministers and Central Bank Governors (FMCBG). During the visit, the Union Finance Minister will participate in a series of...
India, Oct. 14 -- The Government of India has issued a release: The Directorate of Revenue Intelligence (DRI) has once again unearthed a large-scale scheme to circumvent India's prohibition on the import of goods originating in or exported from Pakistan. Under "Operation Deep Manifest". DRI detected the import of 295 containers carrying 7,311 metric tonnes of Pakistan-origin Industrial/Himalayan Rock Salt, with an estimated market value of around Rs. 30 crore. The consignments were routed thro...
India, Oct. 14 -- The Government of India has issued a release: In one of the major destructions conducted over one month in Kullu district of Himachal Pradesh, officers of the Central Bureau of Narcotics (CBN), destroyed 5,165 acres (2,070 hectares) of illicit Cannabis (ganja) cultivation under "Operation Parivartan". The cultivation was identified with the help of ground surveys and drone technology, and the destruction operation was carried out with the support of the Forest Department and ...
India, Oct. 14 -- The Government of India has issued a release: IDBI Bank Ltd. is a scheduled commercial bank regulated by the Reserve Bank of India (RBI). Due to its poor financial health, the Bank required repeated infusion of capital, initially provided by the Government of India and later by the LIC. On 5th May, 2017, the Reserve Bank of India (RBI) put the IDBI Bank under the Prompt Corrective Action Framework and imposed several restrictions in view of its non-performing assets and losses...
India, Oct. 14 -- The Government of India has issued a release: Q1. Who is the Strategic Buyer for the IDBI Bank Ltd.? Answer: M/s 10955230 Canada Inc. (parent entity M/s Fairfax Financial Holdings Ltd.) has been approved as the Strategic Buyer for the IDBI Bank Ltd. Q2. What is the size of this Transaction? Answer: The purchase consideration for this transaction is Rs.52,878.0806181 Crores (in words Rupees Fifty-Two Thousand Eight Hundred Seventy-Eight Crore Eight Lakh Six Thousand and On...