News on Indian Economy
The move has been initiated by the Directorate of Revenue Intelligence (DRI), the lead agency to check Customs frauds and smuggling, to curtail incidents of trade-based money laundering and other financial frauds originating from China, the officials said.
Currently they have six products and will be launching the 500CC Leonchino soon. In June-July, they will be launching two more superbikes. To take on the likes of Royal Enfield and Jawa, Benelli will launch the 380CC Imperiale by the end of this year in India.
Company entered Indian market in October 2017 with pilot, is silent on quantum of investment planned
Sources said that an Indian company and a Japanese firm will come together and manufacture coaches for phase II of Chennai Metro Rail project in India but only after the tender process is over and the contract is awarded, it will be known which two firms will come together for this project.
Highly placed official sources told The Assam Tribune here that the coordinated operation by the armed forces of India and Myanmar was launched on February 17 after days of preparations and the operation was completed by wiping out the camps of the insurgents on March 2 to avert a possible threat to the Kaladan project and the Indian workers working in Myanmar for the implementation of the project.
India and the US signed a historic agreement to cooperate in civil nuclear energy sector in October 2008. The deal gave a fillip to bilateral ties, which have been on an upswing since.
China has been offering its competitive satellite construction and launch services to various South American countries, however, countries in the region are looking towards India’s Indian Space Research Organisation (ISRO) for launching and developing their satellites. The fact that India offers credible economically feasible satellite launches is a big attraction for these countries.
The report revealed that the IT and software industry has been on a hiring spree in February 2019, registering a growth of 38 percent, making it one of the fastest growing industries.
“We can see 100 per cent jobs are going to change. You need more women in workforce. We are announcing for 200,000 from grade eight to twelve, we are going to prepare them for STEM over a three year period,” IBM Chairman, President and CEO Ginni Rometty said at a company event.
The Narendra Modi-led government, in its effort to connect India digitally, has doubled the nationwide optical fibre coverage from 7 lakh km in May 2014 to 15 lakh km at the end of 2018, and aims to enhance the fibre footprint five-fold by 2022.
