August 12, 2026

Economy

News on Indian Economy

Economy

CSIR in Collaboration of UT of Ladakh will Start Commercial Cultivation of Sea Buckthorn Berry also known as” Leh Berry”

Lt. Governor Ladakh R.K. Mathur today met Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh and thanked the Council of Scientific and Industrial Research (CSIR) under the aegis of Union Ministry of Science & Technology for promoting “Leh Berry” which is an exclusive food product of the cold desert and also a means of wide-ranging entrepreneurship as well as self-livelihood.

By Kautilya / November 7, 2021
Infrastructure

India Adds Another Supercomputer at Mohali Under National Mission

Under the National Supercomputing Mission, India has increased its capability by adding a 650-teraflops system at the National Agri-Food Biotechnology Institute (NABI) in Mohali. The system was inaugurated by the minister of state for science and technology Jitendra Singh on Tuesday. The facility has been established at the cost of ₹20 crores.

By Kautilya / November 7, 2021
Infrastructure

Total HDN (High Density Network) Routes (649 RKM) Falling in Northeast Frontier Railway have been Commissioned with Electric Traction

In a historical achievement, CRS authorization has been received for introduction of AC electric traction to & from Guwahati railway station. Guwahati is the biggest and busiest railway station of Northeast being located in the capital of Assam.  So the biggest city of Northeast is now literally connected with all metros and other big cities through 25KV AC traction.

By Kautilya / November 6, 2021
Economy Intervention

Coal India Effort to Further Reduce Emission- Pilot Project to Replace Diesel with LNG in Dumpers

In order to further reduce carbon footprint, Coal India Ltd (CIL), Ministry of Coal has recently initiated the process of retrofitting Liquefied Natural Gas (LNG) kits in its dumpers – the big trucks engaged in transportation of coal in mines. CIL, the world’s largest coal miner uses over 4 lakh kilolitres of diesel per annum with an expense of over Rs. 3,500 crore.

By Kautilya / November 6, 2021
Economy

UPI Transactions Value Crosses Record US$ 100 Billion in October

According to data from the National Payments Corporation of India (NPCI), Unified Payments Interface (UPI) crossed US$ 100 billion in a month for the first time in October, further cementing its position as India’s most popular digital payments system. A mammoth 4.2 billion UPI transactions amounting to Rs. 7.71 lakh crore (US$ 103 billion) were recorded in the month, indicating all-time highs on both counts for the five-year-old payments channel.

By Kautilya / November 6, 2021
Infrastructure

Power Minister Inaugurates Diversion of Marusudar River at Pakal Dul HE Project (1000 MW) in J&K

Pakal Dul HE Project (1000 MW) is being constructed by Chenab Valley Power Projects [P] Ltd. a joint venture company of NHPC Ltd (Govt of India Enterprise) and JKSPDC (Govt of J&K Enterprise). CVPPPL has been entrusted 3094 MW Hydro Power Projects for construction in J&K. Marusudar River is a major tributary of Chenab River. Diversion of River will pave the way for acceleration in construction activities of the Project.

By Kautilya / November 5, 2021