News on Indian Economy
Russia-based Rosatom announced that the ship BBC Elbe has left the country with equipment for two 1,000 MW atomic power plants coming up at Kundankulam in Tamil Nadu. The ship carries cargo including spent fuel pool racks, auxiliary equipment for turbine for Unit-3 and foundation frames with anchor bolts for turbine, air duct of the reactor shaft equipment,
With this partnership, SBI Card`s top end premium products – SBI Card ELITE and SBI Card PRIME will be available on American Express’ global network. Designed for the premium segment of credit card users in India, SBI Card ELITE and SBI Card PRIME on the American Express platform combine unmatched benefits from both partners to offer consumers an enhanced premium experience.
IT company Tech Mahindra is in advance of sharing technology with ITI Limited, and in a few months, a senior official of the Mahindra group company said, the state-run electronics manufacturing organisation will be able to manufacture 4 G and 5 G equipment.
The online dashboard is dynamic, interactive and would provide a one stop solution to all stakeholders looking for information and tracking monitoring of progress of PM SVANidhi up to city level.
The Airports Authority of India (AAI) is planning to upgrade runways at seven airports across the country by March 2022. These seven airports are at Jammu (J&K), Kolhapur (Maharashtra), Jabalpur (Madhya Pradesh), Barapani (Meghalaya), Kadapa (Andhra Pradesh), Tirupati (Andhra Pradesh) and Tuticorin (Tamil Nadu).
Virgin Hyperloop, the category leader in hyperloop technology, and Bangalore International Airport (BIAL) signed a first-of-its-kind MoU to conduct a feasibility study for a proposed Hyperloop corridor from BLR airport.
User Depot Module (UDM) developed by CRIS (Centre for Railway Information Systems) was rolled out digitally across all User Depots of Western Railway by Sri P. C. Sharma, Member(T&RS) on 28.09.2020.
Calling for a ‘Aatmanirbhar Bharat’ (self-reliant India) by Prime Minister Mr Narendra Modi is a significant initiative, the International Monetary Fund (IMF) said on Thursday.
According to a joint initiative study by Bengaluru-based market research company RedSeer and Bigbasket (Brand Intelligence), led by the substantial increase in organic adoption during Covid-19, eGrocery in June this year saw an increase in gross merchandise value (GMV) of 1.7 times compared to January.
NTPC Ltd, India’s largest power producer and a PSU under Ministry of Power, has invited bids for procurement of biomass pellets for its various thermal plants on the basis of Domestic Competitive Basis (DCB) as part of its endeavour to reduce burning of crop residue on farmlands that cause air pollution.
