News on Indian Economy
Foreign portfolio investors (FPIs) have pumped ₹5,156 crore into Indian capital markets in the first six trading sessions this year amid expectations of strong third-quarter earnings and a reformist budget.
In a historic move, Air India’s longest direct route flight with the all-women pilot team landed at Kempegowda International Airport in Bengaluru from San Francisco, flying over the North Pole and covering a distance of about 16,000 kilometers.
NTPC Ltd.’s very first unit, which was commissioned 38 years ago at Singrauli in Uttar Pradesh, has achieved the highest Plant Load Factor (PLF) of 100.24% among all thermal units in the country between April 2020 to December 2020, data published by Central Electricity Authority (CEA) showed. The 200 MW unit was commissioned in 1982 and the robust PLF signifies the exceptional operational and maintenance efficiency at India’s largest power generation company.
In the first week of January 2021, India registered a growth in exports by 16.22% to US$ 6.21 billion, an official said on Sunday. A positive outlook in the pharmaceutical and engineering sectors can be attributed to year-on-year growth, alluding at an economic revival.
The National Internet Exchange of India (NIXI) announced that it will offer a free IDN (Internationalized Domain Name) in any of their preferred 22 official Indian language along with every IN domain booked by the registrant.
The LiDAR survey for Delhi-Varanasi High Speed Rail Corridor started on Sunday, 10th January from Greater NOIDA where a Helicopter fitted with state of art Aerial LiDAR and Imagery sensors took the first flight and captured the data related to ground survey.
According to several reports, X-Ray baggage segment in India have always been dominated by the Chinese manufacturers and suppliers and amid the political tension between India and China, the government of India led by Prime Minister Narendra Modi have constantly been promoting their ‘Atmanirbhar Bharat’ initiative which literally means ‘self-reliant India’.
Vanadium alloys are durable in extreme temperature and environments, and are corrosion-resistant. Its addition improves the tensile strength of steel and of reinforcing bars used for buildings, tunnels and bridges.
In line with Prime Minister Narendra Modi’s vision of ‘Vocal For Local’, and to boost toy manufacturing, Koppala will have India’s first toy manufacturing cluster.
Indian Railway has started the New Year by achieving a landmark achievement by drastically enhancing the maximum speed to 130 kmph for 1,280 km length out of 1,612 Km in Golden Quadrilateral – Golden Diagonal (GQ-GD) route.This covers the entire GQ-GD route over South Central Railway, except Vijayawada – Duvvada section, where signaling up-gradation work is in progress.
