India Sees Registration of Over 16,500 New Companies in September
As many as 16,570 new companies were registered in the country in September, taking the total number of active companies to more than 14.14 lakh, according to official data.
Economy
News on Indian Economy
India’s Biggest Aromatic Garden Developed at Lalkuan
India’s biggest aromatic garden boasting of 140 species has been developed at Lalkuan in Nainital district. The garden has been developed over an area of three acres by the research wing of the Uttarakhand Forest Department, Chief Conservator of Forest (research) Sanjeev Chaturvedi said.
Uzbekistan to Push Ahead with Joint Efforts with India to Promote Connectivity via Chabahar Port
India, Iran, Uzbekistan intend to hold the second meeting of a trilateral working group to discuss the joint use of Chabahar port
India’s Comprehensive Investment in Medical Education: ₹17,691.08 Cr Invested in 157 New Approved Medical Colleges Since 2014
The Government of India has given a nod to as many as 157 new medical colleges in India since 2014 and has invested a total of ₹17,691.08 crore on these projects.
Route Survey of 760km Varanasi – Howrah Bullet Train Project Begins
The Government of India has planned a 760km new Bullet Train corridor to connect Varanasi with Howrah through a high speed bullet train service. A private agency appointed by Indian Railways has commenced route survey of the proposed high speed rail corridor in Giridih district of Jharkhand state to identify routes and villages that the project will affect.
India at Halfway Mark in Meeting the Export Target of $400 Billion
The country has almost reached the halfway mark (49.5 per cent) by the end of September 30, said Srikar K. Reddy, Joint Secretary, Union Ministry of Commerce and Industry.
India’s Foreign Exchange Reserves Rise By $1.492 Billion To $641.008 Billion
According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $641.008 billion from $639.516 billion reported for the week ended 8 October.
India Hands Over Jaynagar-Kurtha Cross-Border Rail Link To Nepal
India on Friday handed over the 34.9km-long cross-border rail link connecting Jaynagar in Bihar to Kurtha in Nepal to the Nepal government, a move that is expected to enhance trade and commerce activities as well as people to people linkages between the two countries.
Strategic Sela Tunnel for Tawang to be Completed by Mid-2022
It’s an engineering marvel under way at an altitude of over 13,000-feet in icy cold weather to bolster all-weather connectivity and swifter military deployments to the critical Tawang and Kameng regions of Arunachal Pradesh along the China frontier.
All Indicators Pointing Towards Sharp Economic Recovery: Mr. Piyush Goyal
Union Commerce and Industry Minister Mr. Piyush Goyal stated that all indicators, including GDP, foreign direct investment (FDI) inflows and exports growth, are indicating towards a strong and sharp economic recovery in the country.