News on Indian Economy
Union Minister for Road Transport and Highways Shri Nitin Gadkari inaugurated the three lane 1.5 km long Koilwar bridge over Sone river in Bihar through Video Conferencing today. A sum of Rs 266 crore has been spent on the bridge.
This new ‘Made in India’ Solution, which is indigenously developed by Skylo, will connect with BSNLs satellite- ground infrastructure and provide PAN-India coverage, including Indian seas. The coverage will be so vast that it will not leave any dark patch within the boundary of India, from Kashmir &Ladakh to Kanyakumari, and from Gujarat to the North East, including the Indian seas.
An integration of ‘India’s soft power with the hard power of a GDP of US$ 28 trillion and a stock market of US$ 30 trillion would offer an amazing nation that is taking the journey to becoming the 21st century’s greatest chance.
India and Australia are in discussions for a bilateral free trade agreement, Indian Foreign Minister Subrahmanyam Jaishankar said on Wednesday, following New Delhi’s decision to walk out of a China-backed trade bloc.
The Union Cabinet on Wednesday approved Centre’s plan to launch massive wi-fi network in India. The cabinet gave nod to the setting up of public wi-fi networks to provide public wi-fi service through Public Data Offices without levy of any license fee.
India has had good diplomatic relations with Austria since the establishment of bilateral ties between the two countries in 1949. Both countries share a history of friendly economic and diplomatic relations. Austria has state of the art technologies for roads and highways, such as electronic toll systems, intelligent transportation systems, traffic management systems, tunnel monitoring system, geo-mapping and landslide protection measures.
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for Provision of Submarine Optical Fibre Cable Connectivity between Mainland (Kochi) and Lakshadweep Islands (KLI Project).
Prime Minister Shri Narendra Modi laid the foundation stone of the New Parliament Building today. The new building is an intrinsic part of the vision of ‘AatmaNirbhar Bharat’ and will be a landmark opportunity to build a peoples’ Parliament for the first time after independence, one which will match the needs and aspirations of ‘New India’ in the 75th anniversary of independence in 2022.
On Tuesday, the car dealers’ body FADA said retail sales of passenger vehicles (PV) in November saw a year-on-year rise of 4.17% to 2,91,001 units as the duration of Diwali-Dhanteras resulted in an increase in vehicle registrations.
Microsun Solar tech Private Limited has announced the completion of some key solar projects it has made for the Indo Tibetan Border Police, (ITBP), a key border force for the Indo-China border. The Indian army thus continues to build on its plans to use solar power more actively for its energy needs.
