News on Indian Economy
The move follows a goahead by the GST Council before the elections and now the details of the payment mechanism are being worked out at the official level with National Payments Corporation of India (NPCI) roped in to roll it out nationally.
The NHAI has decided to consider only those projects that require minimal land acquisition as it finalises highway contracts worth about Rs 3 trillion under the Bharatmala scheme.
The back-up train, likely to arrive in New Delhi by the end of May, will have adjustable seats and fully functional washbasins and will be used every time the old unit is sent for maintenance, the officials cited above said.
China is a notable absence from the latest ranking after being a member of the club for almost four decades — reflecting a slowdown in economic growth
Startup India is an Indian government’s initiative to promote start-ups, creating new job opportunities and making India strong. Tzar Aerospace has been taking up the projects under the category of Swachh Bharat, renewable energy, drone manufacturing, aerospace engineering, biochemical and robot technology etc.
Hamleys, a 259-year-old toy-maker, has struggled to generate profits in recent times. It reported a profit after tax of 2.44 million pounds in 2018 after suffering a loss of 11.24 million pounds in 2017.
“Current Indo-US bilateral trade is at USD 142.1 billion and we hope this can jump to USD 500 billion (by 2023-24). There are short-term issues concerning e-commerce, Generalised System of Preferences (GSP) and medical equipment,” IACC president S K Sarkar said.
In the past, international agencies have noted that the water available within the BMC’s Master Balance Reservoir at Bhandup was among the purest in the world, but quality suffered by the time it reached citizens due to the poor distribution system.
Healthcare/Biotechnology sector noted maximum growth in talent demand, followed by Petrochemicals/Oil and Gas and Projects/Infrastructure sectors. Healthcare/Biotechnology sector was among the top three hiring sectors in March 2019 as well
Zac Hollis, Director-Sales, Service and Marketing, Skoda Auto India said, “Skoda India is set to strengthen its presence in the southern markets of our nation. The dimensions of the new facility are a reflection of the region potential for the brand. We are confident that our partnership with SGA Cars India will play an important role, in scaling up the brand, by offering our patrons a hassle-free ownership experience and utmost Peace of mind.”
