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High Impact Economic News


image Defense Ministry Empowers Armed Forces to Cut 'Red Tape'
The Ministry of Defense recently granted increased autonomy to India's Armed Forces. The military's top brass can now place orders, procure equipment and carry out civil works without Ministry approval in order to expedite the decision-making for modernizing airbases and defense installations' security.
image Modi Invites Ideas for Next Speech, To Be Submitted via 'NM App'
In advance of his Aug. 15 speech, Prime Minister Modi called on citizens to submit ideas for topics of discussion using the Narendra Modi (NM) App. The prime minister stressed, "When I address the nation from the ramparts of the Red Fort on 15 August........
image Government Launches 'Sagar Vani' Coastal Alert System
India's newly-launched "Sagar Vani" system aims to provide further protection to the country's coastal communities by issuing alerts and advisories about rising tides, dangerous waters and other threats along the coast. With access to platforms including email, radio and TV broadcasts, social media, text messages and phone calls.......
image The Jewel In The Crown: Why India Continues To Outperform Global Markets
The Indian Rupee (INR) and Indian Equities continue to attract strong capital inflows as India's economic and political stability and reform momentum are being well received by foreign and domestic investors. The surplus on India's capital account is projected to jump to $80.5 billion in this fiscal year ........
image Coal India Ltd. Invites Power Producers to Register for Coal Linkage Auction
State-owned Coal India Ltd. (CIL) invited independent power producers to participate in its coal linkage auction, also known the "Scheme for Harnessing and Allocating Koyala Transparently in India," or SHAKTI. According to CIL's notice, interested parties must register by Aug. 7....
image Bajaj Auto India, Triumph Motorcycles UK Announce New Partnership
Bajaj Auto will gain access to the Triumph brand, enabling it to offer a wider range of motorcycles within its domestic and other international markets. Indian two-wheeler manufacturer Bajaj Auto....
image Bill Praises 'IIITs,' Calls for Greater Public-Private Collaboration
India's Parliament, or Rajya Sabha, recently passed a bill declaring 15 Indian Institutes of Information Technology (IIIT) "institutions of national importance." The bill - the IIIT (Public-Private Partnership)....
image UK awards $9m for India BIPV project
A university-led consortium has won £7m ($9m) in UK government funding for a ‘buildings as power stations’ project in India.The Specific consortium, which includes 12 UK and Indian universities......
image Minister: India to See 600 Million Broadband Subscribers by 2020
India's Minister for Communications Manoj Sinha predicted the country will have 600 million broadband subscribers by 2020, an increase from March 2017's 422.19 million subscribers.....
image BRICS Countries Applaud India's GST Reform
Revenue and tax experts from Brazil, Russia, India, China and South Africa (BRICS) hailed India's new Goods and Services Tax (GST), expressing enthusiasm for India's efforts to bring about........


calender Aug 8, 2017

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