News on Indian Economy
At present, IMD issues district level advisories. In 2018, it tied up with Indian Council of Agricultural Research (ICAR) to extend weather forecast and AAS at the block level.
Indian IT hiring grew for the 12th successive month and was up 38% YoY in Mar. This is the fourth successive month of double-digit growth.
These tunnels will be built in high altitude areas in the Northern and Eastern borders. Initially, four pilot projects would be taken up at four different locations along the Northern border and in Jammu and Kashmir at a cost of ₹15 crore, the source said. “These are expected to be completed within two years.”
While, the company feels that its present manufacturing capacity is enough to cater to the demand over the next 3-4 years, the market traction being gained by Protinex would need additional creation of capacity.
According to a report in The Financial Express, this little-known government portal is powered by Prime Minister Narendra Modi’s Make in India initiative and is assisting ministries, PSUs and state governments in procuring these products at competitive prices.
“In a significant development, JSPL has completed delivery of first ever rail order to supply rails to Indian Railways. The company had bagged 20 per cent of the Rs 2,500 crore global tender by the Railways to supply long rails,” JSPL said in a BSE filing.
The last 235-km stretch of the road from Shyok to Karakoram Pass has no civilian population. Shyok, a hamlet comprising 25 families, is the last Indian village and civilians are not permitted beyond it. Building the DS-DBO section of the road was a key thrust area of the Ministry of Defence for this strategic northernmost corner of India — termed Sub-Sector North (SSN) by the military.
Biotechnology today holds enormous potential for impacting the economic growth of the country. Globally there has been a major push towards encouraging the growth of the Start-up and entrepreneurial ecosystem to contribute to the biotech industry
The proposed SEZ unit is to come up at the Aspen Infrastructures Ltd SEZ, Coimbatore, Tamil Nadu, and will focus on assembly, integration, and functional testing of missile sub-systems and missile weapon systems.
The institute said in its World Silver Survey 2019, released earlier this week that, “Silver output in Asia, in 2018, increased to 5,809 tons and the biggest growth was posted in India’s Hindustan Zinc.” While the company’s underground operations increased its mining output, better silver grades boosted silver production by 16% wrt 2017, to a record level of 19.6 Moz (610 tonnes) in CY 18.
