News on Indian Economy
India’s trade with China decreased from $89.71 billion in 2017-18 to $87.07 billion in 2018-19. Imports from China declined from $76.38 billion in 2017-18 to $70.32 billion in 2018-19 and exports grew from $13.33 billion to $16.75 billion during this same period, according to the Directorate General of Commercial Intelligence and Statistics (DGCIS).
The renovation of all the units of Indian Oil Corporation’s Mathura refinery completed in order to produce BS-VI grade fuels. This is in advance of the deadline for roll out of newer emission norms from April 2020, a company official said.
Ease of Living Index is aimed at providing a holistic view of Indian cities – beginning from the services provided by local bodies, the effectiveness of the administration, the outcomes generated through these services in terms of the liveability within cities and, finally, the citizen perception of these outcomes.
Kota said that of the 400 projects, 398 were successful, which is a very good outcome. He lauded the collaboration with the academia and said that the LCA, unlike the other aircraft did not meet with a single accident.
India, Nepal, and Bangladesh on Saturday decided to go ahead to implement a four-nation agreement inked almost five years ago to facilitate hassle-free movement of vehicles within the three nations, in spite of dilly-dallying by the pact’s fourth signatory – Bhutan.
Proposed production capacity for the ethanol plant is 100,000 litres per day; the project is of considerable national significance, since the Indian Government is encouraging the production of cellulosic ethanol from agricultural resources to provide additional sources of income for farmers.
The pacts were inked at the on-going defence expo, two days after Prime Minister Narendra Modi set a target of $5 billion in defence exports in the next five years and make India self-reliant in military manufacturing.
As per licencing terms, the company can offer WhatsApp Pay to ten million users in India in this phase and do a full rollout after meeting all other compliance points
The fastest growth in new orders and output in seven years was boosted by the increase in demand. Thus, as a result, job creation was sustained and business optimism maintained, as per the latest IHS Markit Services PMI report.
As per Central Electricity Authority’s National Electricity Plan, contribution of renewable energy sources is estimated to be around 21 per cent of the total electricity demand of the country in the year 2021-22 and 24 per cent by 2026-27.
