News on Indian Economy
Kumaraswamy, who discussed the project with Railway Minister Piyush Goyal in Delhi, told reporters that he has instructed the chief secretary to “give clearances to all demands made by the railways within three days”.
The number of internet connections in India has grown by 65% from March 2016 to cross the 50 crore mark in 2018, in line with the target set by the Narendra Modi government three years ago.
India’s FDI was the highest ever with 235 deals amounting to $37.76 billion this calendar year, according to data from Dealogic, a global M&A and capital markets data provider.
Country’s milk production is expected to surpass the 180-million tonne mark in the current financial year mainly on account of various export-linked benefits by the government, according to a report.
Chenab Bridge will be the world’s highest rail bridge at 359 metres from the river’s surface. The 1,315m-long bridge is being built in one of world’s most difficult terrain.
“Saankhya Labs, a Bengaluru-based company is launching its indigenously designed and developed, the world’s first and most advanced multi-standard next-generation TV system on the chip,” Telecom Minister Manoj Sinha said after unveiling the chipset.
“The manufacturing sector sales growth was mainly supported by robust demand conditions in chemical and chemical products, iron and steel, and petroleum products industries coupled with significant improvement recorded by textile industry,” the RBI said.
The more than two-kilometre-long bridge, which is likely to cost Rs 250 crore, will have a 63-metre stretch which will lift up while remaining parallel to the deck to allow access to the ships, the official said.
The company plans to set up 150 megawatt hyperscale datacentre in Hyderabad that will be spread across two million square feet, a 100 MW similar facility in Mumbai and a 70 MW set-upin Chennai – spread over around a million square feet each, CtrlS Datacenters
The Power Ministry has decided to make all meters smart prepaid in three years from April 1, 2019.
