News on Indian Economy
“Panacea Biotec… has received awards worth US$ 24.32 million from U N agencies (UNICEF and PAHO) for supply of its Easy five-TT, a fully liquid WHO prequalified wP-based Pentavalent vaccine (DTwPHepB-Hib),” according to the company filing to BSE.
This new policy will have a special focus on manufacturing of apparel and garment, technical textiles, man-made fibre products and exports.
The proposed Bill is also tailored for promoting Make In India of medical devices and providing users with access to safe innovative devices.
In the new season, which began on October 1, 2019, sugar mills in India have done deals to export 2 million tonnes, raising hopes that the country would sell at least 5 million tonnes globally in the season of 2019/20, over 30 per cent higher than previous year.
The system is designed as well as developed by wireless communication and semiconductor solutions firm, Saankhya Labs in partnership with Bharat Electronics Limited (BEL) and Indian Space Research Organisation (ISRO).
India has already made its biggest energy investments in Russia in the past with state-owned firms having spent close to USD 10 billion in acquiring stakes in oilfields such as Sakhalin-1, Taas-Yuryakh and Vankor and Siberia-focused company Imperial Energy.
The vision of the NBM is to fast track growth of digital communications infrastructure, bridge the digital divide, facilitate digital empowerment and inclusion, and provide affordable and universal access of broadband to all citizens.
The ‘atmospheric water generator’ is called ‘Meghdoot’. This technology is developed under ‘Make in India’ by Maithri Aquatech. The kiosk produces around 1,000 litres per day. “Conserve Water, Conserve Life: Railways introduces ‘Meghdoot’ device to harvest water directly from air, which is then filtered & remineralised for drinking,” Piyush Goyal tweeted an informative video with his tweet.
Panasonic Corp. said Tuesday it will invest around ¥4.6 billion ($42 million) to build a new plant in southern India to produce switchgears and other wiring devices as the emerging economy has experienced a construction boom for condominiums and office buildings.
The RBI circular said that in order to give further impetus to digital retail payments, member banks shall not levy any charges from their savings bank account holders for funds transfers done through the NEFT system which are initiated using internet banking or mobile apps.
