News on Indian Economy
The Invest India Business Immunity Platform, hosted on the website of Invest India, India’s National Investment Promotion & Facilitation Agency, under the Ministry of Commerce and Industry is working 24X7 as a comprehensive resource to help businesses and investors get real-time updates on India’s active response to COVID-19 (Coronavirus).
India, the world”s third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stocks to last way beyond the three-week nationwide lockdown as all plants and supply locations are fully operational, Indian Oil Corp (IOC) Chairman Sanjiv Singh said.
Wistron Corp., one of Apple’s manufacturing partners, said this week half its capacity could reside outside China within a year. The declaration underscored how the Asian assemblers that keep the world supplied with iPhones and other gadgets are shifting to a higher gear after the coronavirus showed the folly of staking everything on one country.
Quantum computing relies on vastly enhanced computing capacity to quickly crack problems that would take conventional computers years to solve
The state-run power generator signed pacts with federal government on Thursday to acquire New Delhi’s entire stake in the two companies for a total of 115 billion rupees ($1.52 billion) in cash.
In February 2020, India’s crude steel output grew by 1.5 per cent to 9.56 million tonnes (MT), according to global industry body worldsteel.
Currently, the entire country is under lockdown due to rising cases of coronavirus or COVID-19 in India. The biggest impact of this lockdown will be not just on common people but also on the farmers. Hence, the Modi government is making every possible effort to help farmers at this difficult situation.
Based in Gurugram, the factory is spread over 30,000 sq.ft and can produce 240 MWh of high-temperature battery storage solutions annually. These batteries can charge to 80% capacity within two hours and operate in excess of 55ºC, which makes them suitable for hot, humid tropical climates.
There is a great opportunity to leverage data science technologies to analyze the agriculture landscape, grain demand, explore past data, gain insights and define formal models that may be used by farmers to make decisions about crop selection, soil management and planning logistics.
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for continuation of the process of recapitalization of Regional Rural Banks (RRBs) by providing minimum regulatory capital to RRBs for another year beyond 2019-20, that is, up to 2020-21 for those RRBs which are unable to maintain minimum Capital to Risk weighted Assets Ratio (CRAR) of 9%, as per the regulatory norms prescribed by the Reserve Bank of India.
