400 Vande Bharat Trains: INR 40,000 Crore Business Opportunity and Jobs
Rolling out 400 Vande Bharat Express trains will generate roughly Rs 40,000 crore (US$ 5.34 billion) in revenue, as well as jobs of around 15,000 and other advantages.
Economy
News on Indian Economy
Export of Bishop Seeds (Ajwain) Sees A Growth of Almost 158 % Since 2013
The major destinations for Indian exports of Bishop Seeds (Ajwain) are U S A (23.3%), Saudi Arabia (20.1%), Canada (11.2%), Nepal (11%) & U K (9.1%).
India No. 1 In Digital Skills Readiness: Salesforce Study
In digital skills readiness, India is No. 1, according to a global study by Salesforce. India topped with a score of 66 out of 100, followed by Brazil at 53, Thailand at 48, and Mexico at 47 in the Salesforce Global Index.
One of India’s Most Powerful Supercomputers Installed at IISc
Param Pravega, a supercomputer that is touted to be one of the most powerful in the country, has been installed at the Indian Institute of Science (IISc) in Bengaluru under the National Supercomputing Mission (NSM), the premiere academic establishment said in a statement on Thursday
Exports Rise by 23.69% to $34 Billion in Jan
According to provisional data from the commerce ministry, the country’s exports increased by 23.69% to US$ 34.06 billion in January, owing to strong performances in the engineering, petroleum, and gems and jewellery segments, despite the trade deficit widening to US$ 17.94 billion.
Summary of Union Budget 2022-23
The Finance Minister said, India is celebrating Azadi ka Amrit Mahotsav and it has entered into Amrit Kaal, the 25-year-long leadup to India@100, the government aims to attain the vision of Prime Minister outlined in his Independence Day address
National Highways Network To Be Expanded By 25000 Km In 2022-23
PM GatiShakti is a transformative approach for economic growth and sustainable development. The approach is driven by seven engines, namely, Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure. While presenting the Union Budget 2022-23 in Parliament on Tuesday the Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman said all seven engines will pull forward the economy in unison.
GAIL Starts India’s Maiden Project of Blending Hydrogen Into City Gas Distribution Network
Gas Authority of India Limited has commenced India’s first-of-it’s-kind project of mixing hydrogen into natural gas system at Indore, Madhya Pradesh. The hydrogen blended natural gas will be supplied to Avantika Gas Limited, one of GAIL’s Joint Venture (JV) Company with HPCL, operating in Indore.
Introduction of Central Bank Digital Currency ‘Digital Rupee’ Announced
Digital currency will also lead to a more efficient and cheaper currency management system, the Minister stated. The Digital Currency will use block chain and other technologies.
16 New Airports Are To Be Built In Madhya Pradesh, Chhattisgarh, Uttar Pradesh, Rajasthan And Maharashtra
Under the able leadership of the Prime Minister, PM- Gati Shakti is a great initiative to make India a superpower of the world, with the prowess of best infrastructure. In the earlier governments, there was no determination about the formulation and implementation of developmental schemes, but now the picture has changed, he added.