India Offers Huge Potential for Digital Banks: Report
The report said, India which has a population of 130 crore people presents 10x revenue opportunity as compared to rest of South East Asia.
Economy
News on Indian Economy
Sixteen Varieties of Mangoes Including Three GI Certified Varieties Exported to Bahrain from West Bengal & Bihar
In a major boost to mango exports potential from eastern region, sixteen varieties of mangoes including three GI certified Khirsapati & Lakshmanbhog (West Bengal), Zardalu (Bihar) are being exported to Bahrain commencing today.
Cabinet Approves Allotment of 5 MHz Spectrum in 700 MHz Band to Indian Railways
Giving a boost to ‘Aatmanirbhar Bharat’ mission, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the proposal for allotment allotment of 5 MHz Spectrum in 700 MHz frequency band to Indian Railways for public safety and security services at stations and in trains.
India’s Exports Rise 52.39% to $7.1 Billion in First Week of June
Mainly due to healthy growth in shipments in sectors including engineering, gems and jewellery and petroleum products, says Ministry data
Indian Railways Installs Aircraft-style Toilets In All Long Distance Train
The new bio-vacuum-toilets are dry toilets that treat human waste by a biological process called composting. They decompose human excretory waste in the digester tank converting it into methane gas, carbon dioxide, and water.
In A Boost to Exports from Eastern Region, 24 MT of Groundnuts Exported to Nepal From West Bengal
Opening a window of possibilities of boosting groundnut exports from eastern region, a consignment of 24 metric tonne (MT) of groundnuts was exported to Nepal from West Bengal.
Shri Dharmendra Pradhan Dedicates to the Nation 201 CNG Plants and Commencement of PNG Supply in Jhansi
Minister for Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan todaydedicated to the nation GAIL group’s 201 CNG stations across the Country. Shri Pradhan also inaugurated the commencement of PNG supply in Jhansi and Mobile Refueling Units (MRUs)for refueling vehicles at Raigad.
India’s First Voltage Source Convertor (VSC) Based High Voltage Direct Current (HVDC) System
Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU under Ministry of Power, Government of India, has commissioned Monopole-I of the ± 320 kV, 2000 Mega-Watt (MW), Pugalur (Tamil Nadu) – Thrissur (Kerala) Voltage Source Convertor (VSC) based High Voltage Direct Current (HVDC) System on 8th June (Tuesday).
BSE Crosses Milestone of 7 Crore Registered Users
The BSE said in a statement, “The duration to register 7 crore users from previous 6 crore users was 139 days. BSE took 241, 652 and 939 days for the previous landmark of 6 crore, 5 crore and 4 crore, respectively.
In A First Lakshadweep Starts Tuna Export to Tokyo
“Lakshadweep is a completely organic territory and devoid of any polluting industries which make sure that no chemicals leach into the aquatic system making the marine resources here free from harmful contaminants. The Lakshadweep tunas are known to have the least histamine content mainly due to their traditional hook-and-line fishing method and short fishing durations. Hence, the tunas of Lakshadweep islands are considered to be of premium quality which can fetch the highest price in the international market,” said the administration.