IBM Receives 9,100 Patents In 2018; India Second Highest Contributor
IBM inventors from India received over 800 of patents, the second highest contributor to the global record tally, it added.
Economy
News on Indian Economy
RBI Forms Nandan Nilekani-Led Digital Payments Panel
The committee has been asked to review the existing status of digitization of payments, identify gaps in the ecosystem and suggest ways to plug them.
India Likely to Surpass U.S To Be World’s Second Largest Economy By 2030
Experts project trend growth for India to accelerate to 7.8 percent by the 2020s while China’s will moderate to 5 percent by 2030
New UDAY Express Rolls Out Soon! Indian Railways to Introduce Luxury Double-Decker Train
Indian Railways is all set to roll out a new UDAY Express or the Utkrisht Double-Decker Air-conditioned Yatri Express train in February.
Andhra to Get World’s Largest Paper Mill: Make In India
Indonesian pulp and paper giant Asia Pulp & Paper Group (APP) is setting up not just India’s but probably the world’s largest paper mill in Ramayapatnam in Andhra.
Schindler Wants to Make India Its Manufacturing And R&D Hub
Schindler wants to make India its manufacturing and R&D hub; plans to invest in digitisation, data analyticsAshok Ramachandran told PTI.
Indian Railways Develops First ‘Make in India’ 8 Wheeler Underslung Diesel-Electric Tower Car
The Diesel Electric Tower Car (DETC) is a self propelled unit, which is used for periodic inspection as well as for patrolling and maintenance of over-head electric transmission equipment of routes that are electrified.
Indian IT Services And Startups Will Create Over 500K Jobs In 2019
India should get between $12 Bn – $15 Bn in investments in 2019
Nitin Gadkari to Launch Six NH Projects Worth Rs 5379 Crore in Rajasthan
The projects will contribute towards economic upliftment of Western Rajasthan, improve the security scenario with better connectivity with border areas, and improve connectivity between districts, tehsils and villages.
Indian Startups Raise USD 38.3 Billion Funding in 2018: Report
Around 1,000 deals were signed by Indian startups in 2018 with areas like e-commerce, fintech, sustainability and renewable energy, transportation and logistics, health and wellness, and travel and tourism attracting the highest investments, it added.