News: Madhya Pradesh government has endorsed plans to set-up Madhya Pradesh Investment Promotion Desk in East Asian countries in order to facilitate investments in this state. The prospective investors and their associations or bodies will be apprised of the initiatives taken under the Ease of Doing Business in the State. ...
Read More »Assistance of $1 billion for rebuilding Nepal
News: India has pledged $1 billion in assistance to quake-ravaged Nepal for its massive reconstruction programme. One fourth of the $1 billion assistance will be granted and it will be over and above India’s existing bilateral developmental assistance of another $1 billion over the next five years which takes the ...
Read More »India’s Mahindra aerospace and GE aviation to collaborate on aerostructure manufacturing
News: Both the companies, Mahindra and GE aviation, had an existing initial MoU which enabled them to work together on potential opportunities in manufacture of aerostructures. The new pact, signed here at Paris International Air Show, will see both the companies collaborate to produce small, metallic complex structural sheet details and assemblies ...
Read More »HRD minister to launch a new app to download NCERT books for class 1-12
News: HRD Minister Smriti Irani has announced the launch of a new app which will offer books to the students for free to up the education of the country. Under the banner of NCERT, a mobile app will be enabled to the students for downloading NCERT books from class 1 ...
Read More »Indian naval ships enter Sihanoukville, Cambodia & Sattahip, Thailand
News: In pursuit of India’s ‘Look East’ and ‘Act East’ policy, the Indian Navy’s Eastern Fleet ships under the command of Rear Admiral Ajendra Bahadur Singh, VSM, Flag Officer Commanding Eastern Fleet (FOCEF), are on a two month long operational deployment to South East Asia and Southern Indian Ocean. As ...
Read More »Drunk driving may lead to a penalty of Rs.10,000
News: The road transport ministry is pushing for five-fold increase in fine for first-time drunk driving while repeat offence will attract stiffer penalty besides imprisonment ranging from six months to one year and impounding of the vehicle for one year. The bill has specified the fine and penalties for those carrying ...
Read More »Gujarat govt to focus on child labour elimination
News: Gujarat government to wipe out child labour from the state and a massive drive will be launched in July in this regard. In the first phase,the state has planned to make six districts – Arvalli, Mahisagar, Narmada, Chhotaudepur, Amreli and Dang-child labour free by the end of this year. ...
Read More »Rs 7,940 Cr earmarked for the budget recapitalisation of PSBs
News: The government will infuse capital in public sector banks in the next three to six months. Finance Minister Arun Jaitley has earmarked Rs 7,940 crore in the Budget for recapitalisation of public sector banks (PSBs) during the current financial year. In 2014-15, the government had injected Rs 6,990 crore ...
Read More »Govt’s $9 bn capital infusion plan for PSBs credit positive
News: The government is planning to infuse about Rs 57,000 crore in public sector banks in two years. This is a significant change in the government’s approach and will be beneficial for credit profile of state-run banks. Union finance secretary Rajiv Mehrishi said, ” What we are aiming at is ...
Read More »Sabari rail project to be implemented in Kerela
News: Railways will implement Sabari Rail Project in Kerala to connect south India’s major pilgrim centre of Sabarimala through rail route. The minister said, since the resources are limited, we have to put the resources where we get a maximum benefit within a shortest possible time. If we do doubling, it will give you quick benefits. ...
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