Economy

News on Indian Economy

Tata Chemicals Sets Up Lithium-Ion Recycling Plant in India

Li-ion battery recycling is a process where metals like lithium, cobalt, nickel, and manganese are recovered. The recovery maintains 99% purity in the levels of yield. The process directly impacts environmental pollution levels. Energy and natural resources are saved as fewer raw materials need to be harnessed from the earth since recycling makes these materials reusable.

Smart Fans Maker Atomberg Raises $10 Million in Series A Round Led by A91 Partners – Make in India

The company has declared in the past that it is taking on the Make in India challenge seriously and its products have come for appreciation and praise from none other than the Prime Minster himself. Atomberg had won the ‘Champions of Change’ recognition from Niti Aayog and the ‘United Nations Industrial Development Organisation’ (UNIDO) had awarded it for its ‘Global CleanTech Innovation Program’ in Energy Efficiency category.

Eateries Will Have to Display Hygiene Ratings on Doors

The idea is to raise the standards of dining out, while also ensuring the food served is safe and of good quality. The Food Safety and Standards Authority of India (FSSAI) has already started a pilot for rating among online players. It has also trained over 1.7 lakh food supervisors to ensure compliance, chief executive Pawan Agarwal said.

Country’s Tallest ATC Tower Starts Operations at IGI Airport

Built at a cost of Rs. 250 crore, the new complex comprises three buildings — the aerodrome control tower, area approach control services building, and the administrative block. Another Rs. 100 crore was spent on modern air navigation systems and advanced automation systems to enhance safety and the capacity of air traffic operations. The older tower will also continue to function and will act as a backup for the new tower.