News: Passenger amenities at various railway stations are being spruced up by the authorities of Waltair Division of East Coast Railway as lakhs of pilgrims are expected to travel from north coastal Andhra to Rajahmundry for the Godavari Pushkarams. Six additional general booking counters will be opened in addition to ...
Read More »Power Grid Corporation approves Rs 2,247.37 Cr for its Green Energy Corridors project
News: Power Grid Corporation of India has approved Rs 2,247.37 crore investment plan for the third part of the inter-state electricity transmission project. PGCI has approved investment for Green Energy Corridors: Inter-State Transmission Scheme-Part A and B at an estimated cost of Rs 1,479.30 crore and Rs 3,705.61 crore, respectively. ...
Read More »Civil aviation, railways potential growth areas for Russia – India cooperation
News: According to the World Bank Doing Business Report 2015, India occupies the 142nd position and the government aims to improve the business investment climate in the country in shortest possible time. Russian companies have felt echoes of the “Make in India” concept. Alexey Ulyukaev, Russia’s Minister for Economic Development, talked ...
Read More »Modi leaves on 6-nation visit, to attend BRICS. SCO summits
News: Prime Minister Narendra Modi left for a 6-nation tour on Monday to attend the BRICS summit in Russia and the Shanghai Cooperation Organisation, with focus on enhancing strategic, economic and energy ties. The Summit of BRICS (Brazil, Russia, India, China and South Africa), the important economies across the world, ...
Read More »Adani to set up 650 MW solar power plant in Tamil Nadu
News: The Adani group signed a MoU with the Tamil Nadu government for setting up five solar power plants, with a total capacity of 648-Mw, at a cost of Rs 4,536 crore in Ramanathapuram district, where around 70 per cent of the investment in the project would be met through internal accruals, the balance ...
Read More »Metrino pilot project worth Rs.4,000 Cr sanctioned to Delhi
News: Steps have been taken to overhaul the highways sector, including a Rs. 4,000-crore Metrino pilot project to decongest Delhi. Under the project, fully automatic and driverless small vehicles known as pods will travel suspended under an overhead network. The ring road work from Manesar to Eastern pass, worth Rs. 6,000-crore, will ...
Read More »Implementation of new projects rise by 8.4%, stalled projects decline
News: CMIE has reported a 8.4% rise in projects under implementation in the quarter ended June 30, the fastest since the September 2012 quarter. Private sector projects under implementation have risen by 0.8% in the June quarter. Since March 2014, projects worth about 2% of GDP have been unstalled. Progressing steadily, they ...
Read More »India abstains in vote on Israel’s Gaza offensive at UN
News: India is abstained from voting on a Palestine-backed United Nations Human Rights Council (UNHRC) resolution condemning Israel for its Gaza offensive. 41 countries voted in favour, only the US voted against the resolution in UNHRC in Geneva . The resolution calls upon the parties concerned to cooperate fully with ...
Read More »Government clears 16 defence licence proposals
News: The government had issued 73 industrial licences to the defence sector since June 2014, against 50 such licences granted between 2011 and May 2014. These include 16 proposals with a proposed investment of Rs.613 crore, cleared at a licensing committee meeting chaired by the secretary of the Department of ...
Read More »Transforming national highways into green corridors
News: For transforming India’s 90,000 kms of national highways into green corridors, the government will soon implement an ambitious policy under which one per cent of the road construction cost will go towards planting trees, by creating a brigade of 1,000 contractors for this task. Nitin Gadkari said if the cost of road ...
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