News The Defence ministry has cleared procurements worth Rs 1,10,000 crore, of which 90% are under ‘Make in India’. Finalistion of defence procurement procedures will be completed in the next 2-3 months.
Read More »Asia Infrastructure Investment Bank: India could be Vice-President
News India is likely to get the Vice-President’s post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted as founding members. Chances of India getting the Vice President’s post are high as the vote share is expected to be based on 50 per ...
Read More »BMW to increase localization to 50 per cent
News Luxury car major BMW India will increase the localization of its vehicles to 50 per cent, which is in line with the Make-in-India programme. BMW has localised production of engines and gearboxes at its Chennai plant with a capacity to produce 14,000 vehicles per year About 95 per cent of cars ...
Read More »121 cases against HSBC account holders : Black Money
News The Income Tax department filed 121 cases for prosecution of entities whose names have appeared in the HSBC Geneva bank Undisclosed income of Rs 4,800 crore has been brought under tax net in these cases at the end of the last fiscal. A report has been sent to the Special Investigation ...
Read More »Integrated Border Management System: Proposal cleared
News Government has cleared the proposal of ‘integrated border management system’. It comprises of thermal imaging, fiber optics communication, radars scanner and sensors, which will be installed at the eight rivulets along the IB. It is expected to reduce infiltration through riverine stretches on the international border. There is about 145.876 ...
Read More »Ease of Business: Now a Reality
News New companies will be able to start their business by filing just one integrated company incorporation form, starting May 1st 2015, against eight separate forms earlier The new form, called INC-29, will be available on the Ministry of Corporate Affairs website. Benefits This is part of the government’s drive to improve India’s ...
Read More »62 Toll Plazas closed on national highways, expressways in Public Interest
News Government has closed 62 toll plazas after recovery of capital cost and in public interest. It launched a webportal make the information about toll plazas on national highways and expressways operating under the Road Transport and Highways Ministry and National Highway Authority of India available to users. The information includes ...
Read More »US to work with India in Africa, will partner with India during climate meet
American Under Secretary for Political Affairs Wendy R Sherman yesterday expressed the US government’s interest to work with India not only in Asia but also in Middle East and Africa. The African continent has been witnessing an increasing Chinese investment. The Under Secretary said that she wishes that India shares ...
Read More »Centre offers services of CSS officers on deputation to North Eastern states
The Department of Personnel and Training (DoPT) has offered to send experienced Central Secretariat Service Officers on deputation to North Eastern states of Tripura, Nagaland, Mizoram, Meghalaya, Manipur, Assam, Arunachal Pradesh and Sikkim. CSS, which has about 2,200 Group A officers, provide a strong and permanent set up of middle ...
Read More »NRDC proposes to develop technology data bank
The National Research Development Corporation (NRDC) has proposed to develop a technology data bank in the country. In the lines of Make in India initiative, it also proposed to explore for technologies to be explored using PPP model for high risk technologies. Developing an Indian technology data bank will support ...
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