News on Indian Economy
The country’s second largest national oil marketer Bharat Petroleum Corp Ltd has developed a novel technology to test the quality of crude oil at a fraction of the cost and time that it takes now through the lengthy lab tests.
Each year India celebrates April 5 as National Maritime Day (NMD), when SS Loyalty, the first ship of the Scindia Steam Navigation Company, set sail from Mumbai for the United Kingdom in 1919 and thus created nautical history.
Western Coalfields (WCL), a subsidiary of Coal India, has registered the highest-ever single-day coal production of 4.29 lakh tonne on 27 March 2020 amid the countrywide lockdown to contain Corona virus.
Under NBM, the government envisages providing broadband access to all villages, including those in Gujarat and Madhya Pradesh by 2022.The Central government’s plan to provide broadband services in all villages of the country is likely to see an investment of Rs seven lakh crore with 90% of the contribution coming from industry players.
Over the last decade, the world has seen many governments across the world coming up with a variety of initiatives to promote new energy mobility, especially battery electric-mobility.
The Indian Railways, which had announced closure of all passenger, mail and express train services from 24 March to 14 April in a bid to stop the chain of transmission of novel coronavirus (Covid-19), has started preparation to resume all its services from 15 April, sources said on Saturday (4 April).
India is heading for a fourth consecutive record wheat harvest, with marketing year (MY) 2020/21 (April/March) production forecast at 105 million metric tons (MMT). MY 2020/21 rice production is forecast at a near record 117 MMT with average yields.
As part of the agreement, Cyient will develop and operate a central delivery centre for Hitachi Rail in India and a regional centre in the United States.
The Union Minister of Agriculture & Farmers’ Welfare, Rural Development and Panchayati Raj, Shri Narendra Singh Tomar here today launched new features of National Agriculture Market (e-NAM) Platform to strengthen agriculture marketing by farmers which will reduce their need to physically come to wholesale mandis for selling their harvested produce
Dakshin Bharat Gateway Terminal Pvt Ltd (DBGT) posted a 40 per cent growth in volumes in FY20, helping the Central government-owned VO Chidambaranar Port Trust (VOCPT), located in Tamil Nadu’s Thoothukudi district, handle 804,584 twenty-foot equivalent units (TEUs) during the fiscal year that ended March 31.
