Vibrant Gujarat: Over 28k MoUs Signed This Year, Says Guj CM
“A total of 28,360 MoUs were signed which will bring in over 21 lakh employment to the state,” Rupani said.
Economy
News on Indian Economy
India Likely to Surpass UK in the World’s Largest Economy Rankings: PwC
PwC’s Global Economy Watch report projects real GDP growth of 1.6 per cent for the UK, 1.7 per cent for France and 7.6 per cent for India in 2019.
India Among the Most Trusted Nations Globally: Report
While the score of India and Brazil is 40 per cent, that of Mexico and China stood at 36 per cent and 41 per cent, respectively.
Local Villagers Volunteer to Help Repair ALG in Vijaynagar
A defence source here informed that the ALG has not been fully fit for landing of fixed wing aircraft since the year 2016. The ALG is vital for the frontier region people as Vijaynagar is connected with no motorable road.
India Aspires for Energy Independence After Proposing First Lithium-Ion Battery Plant
Bharat Heavy Electricals Limited (BHEL) and Libcoin are in discussion to form a consortium to
Courtesy ‘Make In India’, Gujarat Gets Country’s First Private Howitzer Guns Manufacturing Unit
The company has set up the facility in Hazira, around 30km from Surat, to manufacture and integrate advanced armoured platforms, such as self-propelled artillery Howitzers, future infantry combat vehicles, future-ready combat vehicles and future main battle tanks.
Indian Defence Private Sector’s First: L&T’s Armoured System Complex At Hazira To Manufacture Howitzers
An armoured systems complex was set up by the company at its Hazira facility, which is at around 30 km distance from Surat, to manufacture the howitzer guns.
Pradhan Mantri Rozgar Protsahan Yojana Achieves One Crore Milestone
During 2016-17, 2017-18 and 2018-19 (up to January 15 2019) 33,031, 30,27,612, and 69,49,436 beneficiaries respectively, have been enrolled with EPFO under PMRPY. The number of establishments who have benefitted during the implementation of the scheme is 1.24 lakh.
M&As Nearly Doubled to US$ 100 Billion in 2018; Highest in Value After 2013
India accounts for 13 per cent of Asia-Pacific M&A activity (4,515 deals, $772 billion) by value. Cross-border M&A was particularly strong.
India Aims ‘Top 50’ Rank Next Year in Ease of Doing Business: PM Narendra Modi
“In the last 4 years, we have jumped 65 places in the Global Ranking of World Bank’s Doing Business Report,” he pointed out adding that “but we are still not satisfied. I have asked my team to work harder so that India is in the top 50 next year.”