Economy

News on Indian Economy

Shri Nitin Gadkari Launched Unique Khadi Footwear

Now feel the fineness of handcrafted Khadi fabric in the footwear. Union Minister for MSME, Shri Nitin Gadkari today launched India’s first-ever high quality Khadi Fabric Footwear, designed by Khadi and Village Industries Commission (KVIC) through Video Conference.

CSIR-IHBT Makes History by Introducing Asafoetida (Heeng) Cultivation in Indian Himalayan Region

Due to efforts of CSIR constituent laboratory, Institute of Himalayan Bioresource Technology (IHBT), Palampur, a historical shift in farming practices is in the offing with farmers of the remote Lahaul valley in Himachal Pradesh taking up cultivation of asafoetida (Heeng) to utilize vast expanses of waste land in the cold desert conditions of the region.

Petroleum Minister to Inaugurate H-CNG Plant and Launch Trials

IndianOil’s R&D Centre had developed a patented compact reforming process for H-CNG production directly from natural gas. The technology has been successfully proved for its benefits concerning emissions, mileage & durability through extensive studies at a demonstration unit installed at its Faridabad campus. Recent studies conducted by the Automotive Research Association of India (ARAI), Pune, have confirmed that 18% H-CNG as fuel ensures 70% reduction in carbon monoxide and 25% reduction in hydrocarbon emissions in heavy-duty BS-IV engines as compared to baseline CNG, besides increasing fuel economy by 4 to 5%.