News on Indian Economy
An overall positive economic growth, low inflation and a great demand have contributed to a substantial salary increment for India Inc’s employees, although the hikes are nowhere close to the figures in the first half of decade when it reached a peak of 12.6 per cent in 2011.
The project, once commissioned, will be one of the largest open access solar power projects in Uttar Pradesh and will offset over 85,000 tonne of carbon emissions every year, the statement said.
Price comparison site Cable.co.uk found that 1 gigabyte (GB) of data cost USD 0.26 in India, compared to USD 6.66 in the UK. The US had one of the most expensive rates, with an average cost of USD 12.37 for the same amount of data.
The Ahmedabad Metro first phase will be 40 km long, of which 6.5 km is underground and the remaining stretch is elevated.It has two corridors – one from Vastral to Thaltej Gam and the other from Gyaspur depot to Motera stadium.
According to a KPMG-Indian Federation of Sports Gaming report, the number of gamers and game developing companies has surged to 250 million in 2018 from 20 million and 25 million, respectively in 2010.
The three oil marketing companies — Indian Oil Corporation (IOC), Bharat Petroleum Corporation, and Hindustan Petroleum Corporation (HPCL) — have together set a target of adding 42.5 million customers by the end of March 31.
“JKSRTC authorities have already ordered 40 electric buses to the Tata Motors, which will be supplying the vehicles to J&K, Kolkatta, Indore, Lucknow, Assam and Jaipur cities,” they maintained.
Rolling out statistics, he said 500,000 people joined the Employees’ Provident Fund (EPF) a month during September 2017-November 2018. Similarly, Employees’ State Insurance Corporation (ESIC) saw 10,000-11,000 subscribers a month during this period.
Prabhu said that exports are recording healthy growth so far and this financial year, “we will record the highest-ever growth rate”.
Saab signed MoUs with CIM Tools and Sansera Engineering to expand the existing working relationships with the companies on commercial aerostructures to the Gripen fighter and other defence-related products in its portfolio.
