Crisil cuts FY20 GDP growth forecast to 6.9% from 7.1%
Credit rating agency Crisil has cut the gross domestic product(GDP) estimate for India to 6.9% from 7.1% in 2019-20. Crisil has said that revision in growth forecast was due to …
Read MoreCabinet approves Nutrient Based Subsidy (NBS)
The Union Cabinet has approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic(P&K) fertilizers for the year 2019-20. This decision will help manufacturers and importers formalise supply contracts …
Read MoreIndia’s manufacturing sector growth inches up to 52.5 in July: PMI
According to Nikkei India Manufacturing Purchasing Managers’ Index (PMI) data, manufacturing activity increased to 52.5 in July,2019 from 52.1 in June,2019. PMI has improved as new work orders and output …
Read MoreHighly gratified by cooperation from ‘great friend’ India on Iran: U.S.
The United States has praised India for cooperating in enforcing the oil sanctions on Iran. This statement came after India has brought down the import of oil from Iran to …
Read MoreGoa planning to reserve 80% jobs in factories for locals
The Goa state government is planning to reserve 80% jobs in industrial units receiving State government subsidies for people of Goan origin. Recently, the Andhra Pradesh state government passed the …
Read MoreMotor Vehicles bill won’t usurp rights of states: Gadkari
The Rajya Sabha has cleared the Motor Vehicle (Amendment) Bill, 2019. The Bill seeks to amend the Motor Vehicles Act, 1988 It seeks to improve road safety through multifold increase …
Read MorePM chairs 30th PRAGATI meeting
Prime Minister Narendra Modi has chaired his 30th PRAGATI meeting. Launched in 2015, PRAGATI stands for Pro-Active Governance and Timely Implementation. It is an ICT based multi-purpose and multi-modal platform. …
Read MoreWhat the Bill to curb Ponzi schemes says
The Rajya Sabha has passed the Banning of Unregulated Deposit Schemes Bill, 2019. It seeks to tackle the problem of illicit deposit taking activities in India and protect the interests …
Read MoreThailand in talks with India to buy Brahmos cruise missiles
According to media reports, Thailand is in talks with India over purchasing BrahMos supersonic cruise missiles. If the sale materialises, it will be the first export of the BrahMos missile …
Read MoreIndonesian Villagers resist relocation plan from Komodo
Villagers on the island of Flores, which is the gateway to Komodo National Park are resisting an Indonesian government plan to relocate them as part of efforts to conserve Komodo …
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