Investment

The Cabinet Committee on Economic Affairs has approved 205.5-km line between Budni to Indore (Mangaliyagaon), estimated to cost Rs.3,261.82 crore.

Recognizing the rapidly growing need for global enterprise clients to accelerate the migration of data and analytics to the cloud, DXC Technology (NYSE: DXC) has opened its first factory in Bangalore.

Prime Minister Narendra Modi and the Prime Minister of Bangladesh, Sheikh Hasina, have launched India-Bangladesh Friendship Pipeline and Dhaka-Tongi-Joydebpur Railway Project on 18 Sept 2018.

Commerce & Industry Minister Suresh Prabhu has highlighted the potential of Indian growth story to a five-member delegation from the Australia Superfunds.

The World Bank has signed a US$74 million loan agreement with for Uttarakhand Workforce Development Project in New Delhi on 18 Sept 2018.

CRON Systems, which has been working with Indian armed forces for border security, will collaborate with Quanergy System to provide cutting-edge perimeter monitoring system along the Indo-Pak border.

Railway and Coal Minister Piyush Goyal has wished the Tourism Ministry will achieve its US$100 billion foreign tourist arrival receipts a year within the next five years.

The Indian government has taken a much-awaited decision to merge scam- and non-performing asset-hit pubic sector banks, which would be a trend, financial and banking sector observers hope.

The Indian steel sector faces multiple challenges such as transportation and logistics, weakening rupee and auctioning of mines after the current licenses expires in 2020.

India has set an ambitious defence export target of US$5 billion by 2025 to become one of the world's top five defence producers.