News on Indian Economy
According to a media report, while Reliance Jio has tied up with South Korean telecom major Samsung, Bharti Airtel is finalising its agreements to tie up with European tech firms Nokia and Ericsson, for 5G trials. It is important to note here that this move has come in the background of the US banning Huawei and also threatening to impose sanctions on companies that sell or buy the technology.
CSIR-NAL is currently engaged in the design, development and certification of Saras Mk2, a twin-engine turboprop 19-seater transport aircraft for connecting small cities.
The government of Prime Minister Narendra Modi is moving fast to bring about a complete integration of the Jammu and Kashmir administration into the central loop, following the August 5 abrogation of Article 370 that gave special status to the state, but which had kept it far away from the development processes and citizen benefits that the rest of the country was getting.
“The survey found the mood of all respondents about India by 2030 is highly positive, with 74 per cent feeling that India’s financial and economic situation will be better,” it said. The survey covered 2,295 respondents, including women, students and IIT Madras alumni.
Unlike the earlier maps which were prepared with the help of satellite images, these would be created with the help of drones flying at a height of 200-300 metres. “The previous maps were prepared with the help of satellite images taken from the height of a few hundred kilometres above the earth. Compared to that, the level of detailing in drone images is immense,” said DST director and project coordinator SK Sinha.
The revolutionary new service, which is expected to launch operations in early 2020, is part of Government of Maharashtra’s bold vision of using drone delivery to establish universal, seven-days-a-week access to lifesaving and critical medicines for each of its 120 million citizens over the coming years. Zipline drones will make on-demand and emergency deliveries of blood products, vaccines and life-saving medications.
According to Mubarak, “A delegation comprising 20 major Textile companies mostly from Guatemala led by Tony Malouf, Minister of Economy-Designate of Guatemala participated for the first time in 2019 Edition of Source India which was held at the Bombay Exhibition and Convention Centre in Mumbai.
Vedanta Aluminium, one of the largest primary aluminium producer of India, announced the formal launch of its newest product line, Primary Foundry Alloy (PFA) for the Indian automotive industry.
A report by PPI reveals that India has 1.674 million app economy jobs as on August 2019, a growth of 39% from 1.208 million in 2016.
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