News on Indian Economy
Swedish furniture major IKEA, which has a range of over 1,000 products as part of its children’s range, is looking to scale up sourcing of toys from India for its operations here, said a top company official.
In a boost for the countrys surveillance capabilities to monitor activities of both military warships and merchant shipping in the Indian Ocean Region (IOR), the Sindhu Netra` satellite developed by a team of young scientists from the Research and Development Organisation (DRDO) was successfully deployed in space on Sunday.
The record took place during the construction of the four-lane highway between Vijaypur and Solapur on the NH-52. Union Minister Nitin Gadkari shared this news on his social media handles. The minister confirmed that the record will soon enter the Limca Book of Records and 500 workers have put in their efforts for the achievement.
In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at MSP from farmers as per existing MSP Schemes, as was done in previous seasons.
The Chenab bridge is being made at a height of 359 metres above the river bed – making it the highest railway bridge in the world. Railway Minister Piyush Goyal has tweeted an image of the Chenab bridge stating that the steel arch of the bridge is nearing closure.
India will supply four more mobile harbour cranes to Iran’s Chabahar port by the end of June this year, a government official said on Friday.
Dr Harsh Vardhan, Union Minister for Health & Family Welfare laid the foundation stone of the Mon Medical College in Mon district headquarters on Friday in the presence of Neiphiu Rio, Chief Minister, Nagaland andS PangnyuPhom, Health Minister, Nagaland. Lok Sabha MP from Nagaland TokhehoYepthomi was also present.
As per a new report by Amazon, the number of employees in India with the requirement of digital skills would need to expand nine times by 2025, and the average employees would need to acquire seven new digital skills by 2025 to remain competitive with technology advances and requirement.
A Memorandum of Understanding is signed between IWAI and MOL (Asia Oceania) Pte. Ltd for transportation of LPG (Liquified Natural Gas) through barges on National Waterways-1 and National Waterways-2, in the presence of Minister of Ports, Shipping and Waterways Shri Mansukh Mandaviya.
Colonel Narender ‘Bull Kumar’, who breathed his last on 31st December 2020, was a super hero in his own right. Nicknamed ‘BULL KUMAR’ for his attitude to take every challenge head on, he was instrumental in convincing India’s military leadership about the strategic importance of the Siachen Glacier.
