India Electricity Access & Utility Benchmarking Report
NITI Aayog, Ministry of Power, Rockefeller Foundation, and Smart Power India launched the ‘Electricity Access in India and Benchmarking Distribution Utilities’ report on Wednesday.
Economy
News on Indian Economy
India has US$ 2.7 Trillion Untapped Export Potential in Electronic Exports: UNCTAD Data
Despite the low market share of electronic exports (0.3%), India ‘s marginal market share in the world market means that India still has an untapped ability to mass produce and export these electronic products to the world market.
Tata Group to Set Up INR 5000 Crore Phone Component Making Unit in TN
According to a report by The Hindu BusinessLine, the Tata group is investing Rs. 5,000 crore (US$ 676.59 million) to set up a phone component manufacturing plant in Tamil Nadu.
IAF’s Chinook Helicopter Begins Transporting Machines for Development Work in Kedarnath
The helicopter had reached Gauchar on Monday and started its work on Tuesday. The local officials told TOI that it will take three days for the entire machinery – tractors, dumpers and JCBs — to be transported to Kedarnath. The machines will be used for the second phase of redevelopment work in Kedarnath.
India Extends Anti-Dumping Duty on Imports of Fluoroelastomers from China
India has extended anti-dumping duty on imports of Fluoroelastomers from China by a month till November 27, the Central Board of Indirect Taxes and Customs (CBIC) said in a notification issued Tuesday.
India Hosts Meeting of SCO Ministers Handling Economy and Foreign Trade
Minister of State for Commerce and Industry Shri Hardeep Singh Puri also spoke on the occasion. The virtual meeting was attended by the Secretary General of SCO and Ministers from, Kyrgyz Republic, Kazakhstan, Pakistan, Russia, Tajikistan and Uzbekistan.
India Adds 2,320 MW Solar Capacity in COVID-19-Hit January-September Period
From January to September, when the Covid pandemic disrupted the economy, India added 2,320 MW of solar energy power, official data indicates.
Indian Oil Launches Common Indane Refill Booking Number Across India
Indian Oil has started one common number for Indane LPG refill booking across the country for customer convenience. The common booking number for LPG refills for the whole country is 7718955555. It is available 24×7 for the customers.
Manufacturing Growth Puts India Among Top Three Emerging Economies
In September, a steady recovery in the manufacturing sector helped India climb two notches to third place in the main emerging markets, wherein China and Brazil rank higher.
India on Track to Meet 175 GW Green Energy Target by 2022: PM Modi
India is well on track to meeting the renewable energy target of 175 GW (gigawatt) by 2022 and will raise it to 450 GW by 2030 with a view to ensuring a low carbon footprint as the world’s third largest oil consumer drives global energy demand, Prime Minister Narendra Modi said on Monday.