Nepal Army Chief On 4-Day India Visit To Bolster Defence Ties
Nepal Army chief Gen Prabhu Ram Sharma on Tuesday embarked on a four-day visit to India to step up defence ties between the two neighbouring nations.
Kautilya
Demonetisation Made India Lesser Cash-Based Economy
At the end of financial year 2015-16, Rs. 16.41 lakh crore worth of notes were in circulation, registering an YoY growth of 14.51 percent over 2014-15. At this rate, notes in circulation would have been increased to Rs.32.62 lakh crore by end of 2020-21. However, it increased to much less, Rs.28.26 lakh crore by the end of 2021.
L&T Construction Secures Orders from NMDC, DRDO
The Buildings & Factories (B&F) business has secured a prestigious order from DRDO to construct their Flight Control System Facility at ADE, Bengaluru.
Peak Power Deficit in India Almost Wiped Out, Says Power Ministry
The power ministry on Monday said the peak power demand deficit in the country has come down by 16.2% over the past 13 years, and it has almost been “wiped out”.
Centre Amends the Legal Metrology (Packaged Commodities) Rules 2011 for Enhanced Protection of Consumer Rights
To safeguard interest of consumers, the Department of Consumer Affairs under Ministry of Consumer Affairs, Food and Public Distribution has omitted the Rule 5 of the Legal Metrology (Packaged Commodities), Rules 2011 defining the Schedule II prescribing the pack sizes of various types of commodities. A new provision has been introduced to indicate the unit sale price on pre packed commodities, which will allow easier comparison of the prices of the commodities at the time of purchase.
17 Scientists From Across India Awarded Swarnajayanti Fellowships
Seventeen scientists from scientific institutions across India have been awarded the Swarnajayanti Fellowships for their innovative research ideas and the potential of creating impact on R&D in different disciplines.
India’s GDP Likely to Grow at 10-10.5% in FY2022: Brickwork Ratings
According to Brickwork Ratings, growth estimate for the India’s gross domestic product (GDP) to be 10-10.5% in the FY22 from an earlier expectation of a 9% growth.
India’s Transition to Green Economy to Create 50 Million Jobs, Contribute US$ 1 Trillion in Economic Impact: WEF
As per a World Economic Forum report, India’s transition to a green economy has the potential to contribute >US$ 1 trillion in economic impact by 2030 and generate >50 million employment opportunities. The report added that the economic impact could expand to US$ 15 trillion by 2070. The WEF published a report on ‘Mission 2070: A Green New Deal for a Net-Zero India’, which offers a roadmap for India’s transition.
Solar Energy Capacity Increased 17 Times in 7 Years; Now at 45 GW: India at COP26
India’s solar energy capacity stands at ~45 gigawatts, an increase of 17X in the last seven years, stated India while presenting its third Biennial Update Report (BUR) in the 11th Facilitative Sharing of Views (FSV) at the COP26 climate summit.
Mobile Payments Firm Paytm Kicks off India’s Biggest IPO
Paytm, the mobile payment company kicks off India’s largest initial public offering on November 8, 2021. The company is backed by Ant Group, Berkshire Hathaway and SoftBank, that collectively own around a third of the firm.