News on Indian Economy
“In East India, rural housing demand was high, pushed by the government’s housing subsidy schemes.” Growth in the South India market has reflected in volume rise for companies like Ramco Cement, which registered a 19 per cent growth in full year cement volumes.
The TIEA was signed by India and Marshall Islands government officials on 18 March, in Majuro, the Republic of the Marshall Islands. The agreement has effect from 6 December 2018.
An analysis of the notices issued by the Federal Tax Administration, Switzerland government’s nodal department for sharing of information on foreign clients of Swiss banks, shows that the Swiss government has stepped up its efforts in sharing such details with a number of countries in the recent months, but the surge in India-related cases is noticeable in the past few weeks.
The largest chunk is proposed to be invested in railways, river-linking and highway expansion programme, according to the details of future investment that the BJP had prepared at the time of releasing the election manifesto. In addition, defence modernisation, which requires a spend of Rs 9 lakh crore, is also part of the plan.
This will be the company’s first lubricant laboratory at its technology centre in Bengaluru.
INCOIS is short for the Indian National Center for Ocean Information Services. The organisation was set up in 1998 under the Ministry of Earth Sciences (MoES) after an effort by Dr A Narendra Nath at the Department of Defence known as the PFZ or the Potential Fisheries Zone.
The proposed project is a part of APSEZ strategy to expand its container terminal network in South-East Asia. The company said that the new container terminal will also act as a network point to feed into its upcoming transshipment hub at Vizhinjam
With second-tier cities at its core, Oyo Hotels’ chain extends deep into China’s tier-2 to tier-6 cities, the company said in a statement.
ICF, which is the largest coach manufacturer in the world, makes a large number of coaches in various designs including self-propelled passenger coaches, semi high-speed train sets like Vande Bharat Express as well as luxury coaches.
The draft prepared by Indian officials had talked about restraining from plurilateral agreements, where a group of countries and not the entire WTO membership came together for a deal.
