The World Bank has approved a $1.5 billion loan to India for its ambitious ‘Clean India’ campaign. The campaign is putting in efforts to ensure that citizens in rural areas have access to improved sanitation. As per World Bank statistics, of the 2.4 billion people who lack access to improved ...

India’s industrial output grew 9.8 percent at its fastest pace since October 2010, as measured by the Index of Industrial Production. The double-digit growth in the manufacturing sector points to a strengthening industrial recovery. India’s economy expanded at an annual rate of 7.4 percent in the July-September quarter, outpacing China’s economic growth. Aimed ...

India and the US have ramped up their defence and strategic ties by agreeing to fast-track co-production ventures. The US has updated its policy on gas-turbine engine technology transfer to India, announced by US Defence Secretary Ashton Carter. This step would expand the cooperation between the countries, in the production and ...

The United Nations World Economic Situation and Prospects (WESP) 2016 report said that India will record a 7.3% economic growth in 2016 and 7.5% in 2017. China will see a slowdown in growth in 2016 to 6.4 per cent from 6.8 per cent it had achieved in 2015. In 2016, ...

Odisha is the third most preferred investment destination in the country after Maharashtra and Gujarat, industry body Assocham said. The state has registered a positive growth both in manufacturing and services sectors. “With a share of over 7 percent, Odisha has attracted outstanding investments worth about Rs.12 lakh crore out ...

Indian Defence Minister Manohar Parrikar and US Defence Secretary Ash Carter holding talks focusing on strengthening and deepening defence cooperation under the US-India strategic partnership. PACOM commander Admiral Harry B Harris Jr. met with Parrikar at Camp HM Smith and discussed the growth of the US-India strategic partnership and the importance of ...

The fifth Landing Craft Utility ship of LCU MK IV project, was launched at the Garden Reach Shipbuilders and Engineers Ltd shipyard in Kolkata. LCU L-55 is the fifth vessel in the series of eight Landing Craft Utility Ships being designed and built by M/s GRSE for the Indian Navy. The ...

The company, ABG Shipyard Ltd has delivered the third and last Pollution Control vessel os its series to Indian Coast Guard. The ship was built with a cost over Rs. 120 crore. The Rolls-Royce designed ship is equipped with state-of-the-art equipment and machinery. The vessel is propelled by diesel electric system ...

Union Minister for Skill Development Rajiv Pratap Rudy, said the National Policy for Skill Development and Entrepreneurs envisaged fostering entrepreneurship and grassroots innovation by providing support in terms of fiscal incentives, creation of grass root technology innovation hubs, legal support and market linkages. The government has established a mechanism to ...

Government is setting up 30 water ports on the Ganga as inland waterways will be a “game- changer” for increasing exports and reducing cost of goods as well as passenger traffic, Union Minister Nitin Gadkari. The cost of travelling by water is substantially less compared to travelling by road or ...