News: Railways is planning to come out with a solar policy for procuring 1000 MW solar power in the next five years. For the same railways proposes to install solar power plants of about 8.8 MW capacity at railway stations, railway office buildings and level crossing gates throughout the country ...

News: The government is planning to save $2 billion in four years by cutting down on energy usage by 10,000 MW during peak hours by promoting LED lights. Another important step towards power saving is to boost rooftop solar power production. Description: The plan is to cut down energy demand ...

News:  The government is overhauling the annual targets for public sector banks from this month, to focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives. Description: Overhauling the bloated and often sluggish state banks is critical for the ...

News Chinese appliances maker Haier has signed a memorandum of understanding with the Maharashtra Government and plans to invest Rs 370 crore in its Pune plant to scale up operations. The investment will be used to expand manufacturing capacity of refrigerators besides adding new products, such as washing machines, air-conditioners, LED television panels, ...

News: Air India is facing increasing competition from other service airlines in domestic and international routes. So, the civil ministry has asked SBI Capital Markets to review Air India’s turnaround plan in view of changes in the operating environment and the airline’s inability to reduce losses. Description: In 2015, the airline ...

Agreement : During Obama’s visit, both countries had identified four “pathfinder projects” as well as decided to explore development of aircraft carrier technologies and jet engines. With the step towards the same, India and US have signed a new strategically important 10-year defence framework agreement setting the stage for co-development and ...

News: Larsen & Toubro (L&T) has received Rs 468 crore order for the design and construction of a floating deck for the Indian Navy. Description:   At L&T’s Warship Design Centre, complete design and engineering of the floating dock (FDN) will be under-taken. The floating dock will be capable of docking ...

News: The government has proposed to integrate 36 central and state government services such as application for environment clearance, property tax and factories licence with the e Biz portal. Description:  India has been ranked 142 among the 189 countries and the government is aiming to bring India into the top ...

The Make in India and Skill India initiatives appears to have paid off to the government of India as job creation percentage has doubled off between July and Dec 2014. According to a labour ministry survey released, 2.75 lakh jobs were created in eight key sectors during the six months, an ...

News The sixth and final trial for Gatimaan Express, the first semi high-speed train service between Delhi and Agra has been completed. The train covered the 195-km journey in 115 minutes, clocking a maximum speed of 160-plus kmph. Details The running schedule of the train as well as its fare ...