News on Indian Economy
“The number of Accidents Per Million Train Kilometres came down from a high figure of 2.20 in 1981-82 to an all-time low figure of 0.06 in 2018-19. This shows that the Indian Railways is poised towards zero-accident mode,” a senior official said.
In an engineering feat for the national transporter, the Chittaranjan Locomotive Works (CLW) has rolled out Indian Railways’ first indigenous 9,000 HP electric locomotive.
An Indian rocket on Monday placed domestic and foreign satellites in three different orbits on
In the first two months of 2019, Apple shipped about 150,000 devices in India and is likely to see about a 50 percent drop in the March quarter from the year earlier, according to Shah.
“What we’re talking about is a complete ecosystem of capability – it’s building up supply chain, it’s building up engineering capacity, technical mechanical capacity. It is bringing the build, not the kit, to India,” Marc Allen, president of Boeing International and a member of the Boeing Executive Council, told PTI.
As per the report, senior PSA board member has shared with an anonymous reporter that the Ambassador brand will be reintroduced in India post 2022.
The cable suspension bridge was built using innovative engineering methods. It was constructed by the combat engineers (Sahas aur Yogyata Regiment) of the Fire and Fury Corps of the Indian Army in a record time of 40 days, ferrying almost 500 tons of equipment and construction material.
“Generic medicines are gaining popularity and available more easily in the mainstream channel. There is a need to differentiate these from branded generics. At times generic medicines, too, have a trade name and this leads to confusion. To address the issue, the government is considering colour codes and symbols on medicine packs,” he said.
The Reserve Bank of India’s monetary policy committee will release its monetary policy statement on 4 April in which it is widely expected to cut interest rates for the second consecutive time, given mounting growth concerns even as inflation remains well within its ceiling.
Making a new record, Piyush Goyal led-Indian Railways manufactured a total of 6037 coaches this financial year against the production of 4,470 coaches (previous record) last year. The growth in coach production this year is 35 per cent more than the last financial year.
