Technology

The government has planned exploration of 37 coal blocks and 10 lignite blocks along with drilling of 121 coal blocks and one lignite block in the current fiscal, Coal Minister Pralhad Joshi told Parliament on 2 Dec 2019.

General Electric’s Grid Solutions business has announced a new milestone in its Champa-Kurukshetra ultra-high-voltage direct current (UHVDC) project in India with the 1,305-km link now capable of transmitting 4,500 MW of electricity.

Indian Railways has entered into Procurement cum Maintenance Agreement with Madhepura Electric Locomotive Pvt Ltd (MELPL), a joint venture of Indian Railways and Alstom with Euro3.5 billion investment.

Wipro Limited has implemented SAP S/4HANA® software for Sydney Water, a statutory state-owned corporation wholly owned by the New South Wales Government.

In an all-out campaign to capture the global markets, a pilot launch of acceptance of BHIM-UPI based QR payments was demonstrated by carrying out a live transaction at a merchant terminal at Singapore Fintech Festival 2019 on 14 Nov 2019.

The infinite potential of the MSMEs/start-ups for future growth of the defence sector in India has recognition, Minister of State for Defence Shripad Naik said.

Singapore Fintech Association (SFA) and the Federation of Indian Chambers of Commerce and Industry (FICCI) have inked a partnership agreement to share information about FinTech and collaborate on mutually beneficial initiatives that would further the development of the FinTech industry...

The future of Indian economy is digital, and the country’s digital economy is nearing the critical mass needed for rapid transformation.

Ministry of Steel has issued the Steel Scrap Recycling Policy on 8 Nov 2019 to promote circular economy in the steel sector.

Defence Minister Rajnath Singh has called upon the Russian Defence Industry to jointly manufacture defence platforms and equipment with India that will give a massive boost to the nations’ exports to third countries.