News on Indian Economy
India is gearing to emerge as the world’s sixth-largest OTT (over-the-top streaming) market by 2024. The market is expected to grow at a CAGR of 28.6% over the next four years to touch revenues of US$ 2.9 billion.
BMW India launched a new BMW Facility which is based on its NEXT concept. This new dealership will be integrated with both retail and service facilities. The new dealership is set up at Sun Pharma Road, Pramukh Swami nagar, Tandalja, Vadodara, Gujarat.
In pursuance of ‘Make in India’ policy of the Government of India, Ministry of Shipping has reviewed the ROFR (Right of First Refusal) licensing conditions for chartering of vessels/Ships through tender process for all types of requirements.
The study showed, “Businesses with operations in India are accelerating automation and digitisation above the global average. While 58% are accelerating automation of tasks, compared to 50% globally, as many as 87% are accelerating digitalisation of work processes, above the global average of 84%”.
The Mangdechhu hydroelectric project, an India-Bhutan venture, has been awarded the prestigious Brunel Medal for excellence in civil engineering by the UK-based Institute of Civil Engineers.
India is drawing up plans to link its electricity grid with Gulf countries to the west and South East Asian nations on the other side in order to export excess electricity, especially from a raft of renewable energy projects coming up in Gujarat and Rajasthan.
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.
Almost one in three call centres (27%) in India will switch permanently to operate from home as a feasible long-term strategy, signalling the future of work in pandemic times, a new study said on Monday.
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.
NTPC Dadri is striving to become the cleanest coal fired plant in the country and is complying with all the CPCB guidelines on emissions. All the emission parameters are being monitored online and transmitted to Central Pollution Control Board (CPCB) on real time basis.
