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Surabhi K

Germany offers India $2.25 bn for solar energy

PM Narendra Modi has said that Germany will provide India more than 2 billion euros ($2.25 billion) for developing a clean energy corridor and solar projects. PM has made ambitious renewable energy targets a key part of his development agenda and climate change mitigation commitments ahead of a landmark international ...

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Andhra Pradesh Industrial Policy 2015 revealed

Vision : The Industrial Development Policy 2015-20 aims to promote manufacturing, enhance inclusivity, foster innovation and create employment opportunities across sectors. Various best-in-class policy instruments and fiscal incentives have been offered to spur industrial growth. Under the new “Industrial Development Policy (IDP) 2015-2020”, the Government approved the following fiscal benefits ...

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US Treasury Department adds India to its FATCA list

The US Treasury Department has issued a list of 34 countries which includes India with whom it would share information under FATCA (foreign account tax compliance act) regulations. The pact aims to cover automatic sharing of information on bank accounts and other instruments like mitual funds, insurance and equities with each ...

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Cabinet approves Rs 8,000 crore Air Force radar system

The cabinet committee on security, apart from the $3 billion purchase of Apache and Chinook helicopters from the US, also cleared an amount of Rs 8000 crore project for extension, of the IAF’s fully automated air surveillance and defence network to the entire country. The IAF has already established five ...

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China railway to conduct high-speed Delhi-Mumbai rail study

A consortium of Chinese and Indian companies will conduct a feasibility study for the 1,200 km high-speed rail link between New Delhi and Mumbai. The Third Railway Survey and Design Institute Group Corporation, a subsidiary of the China Railway Corporation (CRC), will work with Indian firms, dispatching rail experts to ...

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