Uzbekistan to Push Ahead with Joint Efforts with India to Promote Connectivity via Chabahar Port
India, Iran, Uzbekistan intend to hold the second meeting of a trilateral working group to discuss the joint use of Chabahar port
Economy
News on Indian Economy
India’s Comprehensive Investment in Medical Education: ₹17,691.08 Cr Invested in 157 New Approved Medical Colleges Since 2014
The Government of India has given a nod to as many as 157 new medical colleges in India since 2014 and has invested a total of ₹17,691.08 crore on these projects.
Route Survey of 760km Varanasi – Howrah Bullet Train Project Begins
The Government of India has planned a 760km new Bullet Train corridor to connect Varanasi with Howrah through a high speed bullet train service. A private agency appointed by Indian Railways has commenced route survey of the proposed high speed rail corridor in Giridih district of Jharkhand state to identify routes and villages that the project will affect.
India at Halfway Mark in Meeting the Export Target of $400 Billion
The country has almost reached the halfway mark (49.5 per cent) by the end of September 30, said Srikar K. Reddy, Joint Secretary, Union Ministry of Commerce and Industry.
India’s Foreign Exchange Reserves Rise By $1.492 Billion To $641.008 Billion
According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $641.008 billion from $639.516 billion reported for the week ended 8 October.
India Hands Over Jaynagar-Kurtha Cross-Border Rail Link To Nepal
India on Friday handed over the 34.9km-long cross-border rail link connecting Jaynagar in Bihar to Kurtha in Nepal to the Nepal government, a move that is expected to enhance trade and commerce activities as well as people to people linkages between the two countries.
Strategic Sela Tunnel for Tawang to be Completed by Mid-2022
It’s an engineering marvel under way at an altitude of over 13,000-feet in icy cold weather to bolster all-weather connectivity and swifter military deployments to the critical Tawang and Kameng regions of Arunachal Pradesh along the China frontier.
All Indicators Pointing Towards Sharp Economic Recovery: Mr. Piyush Goyal
Union Commerce and Industry Minister Mr. Piyush Goyal stated that all indicators, including GDP, foreign direct investment (FDI) inflows and exports growth, are indicating towards a strong and sharp economic recovery in the country.
India’s Largest Green Hydrogen Plant to be Built by GAIL
State-owned GAIL (India) Ltd will build India’s largest green hydrogen-making plant as it looks to supplement its natural gas business with carbon-free fuel.
Cabinet Approval Sets the Implementation of PM Gati Shakti National Master Plan (NMP) in Motion
Hon’ble Prime Minister launched PM GatiShakti NMP for multi-modal connectivity on 13th October, 2021. Implementation framework includes Empowered Group of Secretaries (EGOS), Network Planning Group (NPG) and Technical Support Unit (TSU) with required technical competencies.