News on Indian Economy
Reports have revealed that the two Asian powerhouses — world’s second and third largest importers of oil — have neared a momentous deal to set up a buyers’ bloc that could dramatically tilt bargaining power in favour of importers.
The Continuous Emission Monitoring System (CEMS), which was introduced in India in 2014, is used to measure source-based emissions from 17 categories of grossly polluting industries in real time. These industries are required by the government to submit real time data to the CPCB, which then evaluates whether a company is complying with regulatory norms.
Tula is a specially-abled man who cannot hear or speak. The silent warrior, however, led a race against time to ensure he and his team complete the work at the Zojila Pass quickly.
Project Sadbhavana: Indian Army and Khadi are changing lives of thousands of Kashmiri youth by generating employment opportunities in the state.
About 200 American companies are seeking to move their manufacturing base from China to India post the general elections, a top US-based advocacy group has said,
Mahindra World City Developers Limited and Sumitomo Corporation have together committed to invest approximately Rs 10,00 crore in developing ORIGINS, Chennai, which is expected to create direct employment for about 7,000 persons when fully operational.
Now, starting 2020, the good ol’ Rajdhani Express will be replaced by a new train, which will have no engine!
The Airports Authority of India has established a one mega watt ground-based solar power plant at the airport to harness green energy. The plant is expected to generate 15.4 lakh units per annum which is 25% of the airport’s annual energy consumption.
The entire process, feels Sharma, helped in making the system less corrupt, more efficient and faster. The beginning step of starting with an Importer Exporter Code (IEC) followed by opening of a bank account online to registration for an Export Oriented Unit (EOU) with an Export Promotion Council (EPC) and then putting up the documents on the customs portal, has become much smoother.
The Central Asian nation, with the second largest uranium reserves or almost 15% of the world’s recoverable uranium, is currently the largest supplier of the commodity to India. It was also among India’s earliest partners in civil nuclear cooperation and supplied 3,000 tonnes under the first contract signed in 2009.
Apart from increasing India’s trade with nations in the Persian Gulf, the Chabahar port is also the starting point of the international north-south transport corridor (INSTC), and the US wants to see trade benefits reach Afghanistan and central Asia via the route, a senior foreign affairs ministry official said on Wednesday.
