Airtel, Tatas Collaborate to Implement Open-RAN-Based 5G Technology
Bharti Airtel and Tata Group announced their collaboration to implement Open-RAN-based 5G radio and core solutions in India.
Economy
News on Indian Economy
India Expands its Cereals Exports Footprints Through Shipping Rice, Wheat and Other Cereals to Newer Destinations
India’s quest for expanding the footprint of cereals exports through exploring new opportunities in countries or markets has started to yield results. The sharp spike in exports of mainly rice (basmati and non-basmati), wheat and other cereals in 2020-21 is attributed to synergy and collaboration between various stakeholders – farmers, millers, exporters and government agencies in boosting exports.
Proposed Amendments to the Consumer Protection (E-commerce) Rules, 2020
For the purposes of preventing unfair trade practices in e-commerce, the Central Government had notified the Consumer Protection (E-Commerce) Rules, 2020 with effect from 23 July 2020. However, since the notification of these rules, the Government has received several representations from aggrieved consumers, traders and associations complaining against widespread cheating and unfair trade practices being observed in the e-commerce ecosystem.
ToneTag and Indian Institute of Sciences Develop Nanotech Enabled Acoustic Tags for Retail Industry
ToneTag, a proximity communication company and sound network has worked closely with eminent scientists from Indian Institute of Sciences to develop acoustic tags which are nanotech enabled stickers with audio representations of data. It can be put on plastic, paper or any material and works as a tracking technology for products.
General Insurance Industry to Grow at 7 to 9 Percent in FY22
The general insurance industry is expected to increase by 7-9% in terms of gross direct premium income in FY22, backed by healthy growth from health and motor segment.
Samsung Sets Up Display Unit in Uttar Pradesh – Make in India
Electronics major Samsung has completed the construction of the display manufacturing unit that is shifted from China to Noida in Uttar Pradesh, a release said on Sunday. A delegation of electronics major Samsung led by the company’s Southwest Asia President & CEO Ken Kang called upon Uttar Pradesh Chief Minister Yogi Adityanath on Sunday.
All 15 Kashmir Valley Railway Stations, Including Srinagar, Get Integrated with 6021 Station Rail Wi-Fi Network
All 15 Kashmir Valley Railway Stations, including Srinagar, have now got integrated with 6021 Station Wi-Fi Network of Indian Railways.
EPFO Payroll Data: 12.76 Lakh Net Subscribers Added During April, 2021
The provisional payroll data of EPFO published on 20th June, 2021 highlights that EPFO has added around 12.76 lakh net subscribers during April, 2021. Despite the second wave of COVID-19 pandemic, April 2021 registered an increase of 13.73% net subscribers addition as compared to the previous month during which around 11.22 lakh net subscribers were added to the payroll. Data reflects that the number of exits in the month of April, 2021 have declined by 87,821 and rejoining has increased by 92,864 subscribers as compared to March, 2021.
Sea Water Desalination through Solar Thermal Forward Osmosis Brings Relief to Drought Prone Tamil Nadu Village
Narippaiyur, a village in Ramanathapuram District, a drought prone area situated in the South-East corner of Tamil Nadu will benefit from 20,000 litres per day of fresh water produced from sea water – thanks to the solar thermal Forward Osmosis (FO) sea water desalination system installed in the place.
India’s Mineral Production Up 37% in April
India’s mineral production rose by 37.1 per cent in April 2021 over the same month a year ago, according to the mines ministry. The index of mineral production of mining and quarrying sector for the month stood at 108.0, which was 37.1 per cent higher from the the level in April 2020, the ministry said in a statement.