Economy

News on Indian Economy

India Ranks 4th In Prosperity Chart

Although there have been numerous conversations of economy slowing down, PayU’s findings reflect that over 77.25 per cent are comfortable with the current financial state of their households, and over 83.50 per cent of them expect it to improve over the period of next 12 months.

DRDO Opens Igniter Complex in Pune

HEMRL is a premier laboratory of DRDO and primarily engages in developing Rocket and Gun Propellants, Pyrotechnic Devices, High Explosive Systems and synthesis of high energy molecules. HEMRL has created a state of the art facility for design, processing and evaluation of ignition systems. The facility consists of process, assembly & storage buildings and a design centre. Remotely controlled sophisticated equipments such as Sieve Shaker, Planetary Mixer, Granulating Machine, Pelleting Machine etc are installed in the process buildings.

Khadi Gets Separate Unique HS Code, Export to Get a Boost

Khadi and Village Industries Commission (KVIC) Chairman Vinai Kumar Saxena said that this decision of government will open a new chapter in the field of Khadi export. Earlier, Khadi did not have its exclusive HS code. As a result, all the data regarding export of this signature fabric used to come as a normal fabric under the textile head. Now, we will be able to keep a constant eye not only on our export figures, but it will also help us in planning our export strategies.