News on Indian Economy
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.
21 nuclear power reactors, with an installed capacity of 15,700 MW are under implementation, envisaged for progressive completion by the year 2031
‘Make in India’ in Indian Railways: Piyush Goyal-led Indian Railways is one of the flag-bearers of Modi government’s ‘Make in India’ initiative.
Switzerland has been long perceived as one of the safest havens for illicit wealth allegedly stashed abroad by some Indians.
The latest official data about India’s border trade with her neighbours provides some interesting insight. It reveals that it is highly skewed in India’s favour, and also tells that bilateral relations matter more than the trade potential and connectivity.
The resolution is aimed at promoting a global consensus and working out concrete and practical approaches to countering cyber crime in the absence of effective international legal instruments.
With an aim to push Make in India in the pharmaceuticals sector, the Department of Pharmaceuticals (DoP) also said for formulations that are not manufactured in India, the minimum local content shall be 10 per cent in 2018-19.
Indian economy’s roller-coaster ride during the year gone by was best captured by the GDP growth. In the first quarter of 2018-19 ending June 30, it grew at an impressive 8.2 per cent, after 7.7 per cent in the first three months of the year.
Some might view this as Modi’s swadeshi move as the guideline impact foreign-owned e-commerce giants the most.
Technology czar John Chambers, founder and chief executive of JC2 Ventures, which has invested in
