Economy

Soften Impact of Rising Oil Prices, calls Shah Shah calls for cut in excise duty on oil. At a time when Indian economy is on a recovery path, rising oil prices are again posing a high risk to India’s growth...

Chandra calls for stronger arbitration process The government has introduced ‘New Delhi International Arbitration Centre Bill 2018’ which will reduce the settlement time and cost of arbitration. The new Bill will help in building confidence with regard to dispute settlement...

66 months for implementing Pakal Dul PM Modi inaugurates projects. Prime Minister Narendra Modi has inaugurated the Rs.5,882 crore Kishanganga Hydroelectric plant and laid the Foundation Stone of the Pakal Dul Power Project in Jammu & Kashmir on 19 May...

India wants more professionals and banks in Singapore India and Singapore "should be able to conclude" a review of the Comprehensive Economic Cooperation Agreement (CECA) soon, as New Delhi seeks greater access to Singapore for its professionals and banks. This...

Solar plant to be commissioned in 2019 Azure Power (NYSE:AZRE) has won a 130 MW solar power project which was recently auctioned by Maharashtra State Electricity Distribution Company Limited (MSEDCL), which supplies electricity to 22 million consumers in Maharashtra and...

Global recognition for CSR initiatives N. Baijendra Kumar, Chairman-cum-Managing Director and Sandeep Tula, Director (Personnel), NMDC Limited received the award. India’s iron ore mining company, NMDC Limited, has bagged the prestigious S&P Global PLATTS Global Metals Award 2018 in corporate...

Indonesians to learn National Waterway projects Gadkari with Indonesian Minister Luhut Binser Pandjaitan. India and Indonesia have discussed bilateral cooperation in the maritime sector such as river rejuvenation, wastewater treatment, generating revenue streams from waste, enhancing shipping linkages, developing ports and...

ISAS to furthr extend its imprint in South Asia Prof. C. Raja Mohan. One of India’s leading strategic thinkers, Professor C. Raja Mohan has been appointed a director of Singapore think tank, the Institute of South Asian Studies (ISAS). Welcoming...

Work progresses on housing schemes The Ministry of Housing and Urban Affairs said 1,333 projects worth Rs.50,626 crores have been completed or are under implementation/tendering as part of the Smart City Mission (SCM). Overall projects worth Rs.2,03,979 crores have been...

Cabinet sanctions Rs.1,029.49 Cr for Phase I   The Cabinet Committee on Economic Affairs has approved the Freight Village, an Integrated Multi Modal Logistics Hub (IMLH), at Nangal Chaudhary in Haryana. Located on 886.78 acres of land, it is to...