MHI to consult with Ministry of Health again for guidelines on e-ambulances
The Ministry of Heavy Industries (MHI) is in consultation with Ministry of Health and Family Welfare for electric ambulances to be subsidised under the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme in which it has allotted ₹.500 crore for the subsidies. “We have done two
Geopolitics behind India’s proposed ₹31,000-cr Andamans-Paradipsubsea power link
In its recent National Electricity Plan (Vol.II – Transmission), the Central Electricity Authority (CEA) speaks of a rather unique project proposal – a 1,150 km under-sea power cable linking Port Blair in the Andaman and Nicobar Islands and Paradip, Odisha. Phase-I of the project is estimated to cost ₹31,000 crore.
Direct flights open up new overseas destinations, Indian arrivals rise in double digits
Last year, IndiGo operated its maiden flights to Central Asia. It was an uncharted territory for the airline but with the rising traffic, its expansion bet seems to have paid off. Also read: Boeing strike to impact Indian carriers growth: CAPA India Indian tourist arrivals in popular leisure destinations such as
Supply of manpower to foreign company for working in India to attract GST, says UPAAR
Supply of manpower for work in India to foreign clients having no permanent establishment here will not be treated as export of services and accordingly attract GST, Uttar Pradesh’s Authority for Advance Ruling (UPAAR) has said. The applicant, Noida-based Pacific Staffing Solutions sought advance ruling on its plans to provide
India largest beneficiary of EIB’s loans outside Europe: Nicola Beer
India is the largest beneficiary of European Investment Bank’s transport financing outside Europe, said Nicola Beer, vice-president of the bank’s financing arm of the European Union, which formally announced to lend €300 million (₹2,800 crore) to the ₹15,767-crore Bengaluru suburban railway network. Beer was in Gandhinagar on Friday to participate
Easing West Asia tensions bring back overseas tea buyers to Kochi
The easing of tensions in West Asia is reportedly facilitating overseas tea buying from Kochi auctions, which is evident from the increase in sales percentage. According to traders, there has been a widespread demand from CIS and Middle East buyers as well as from Iran blenders who are looking at
Construction and agriculture drag India Inc’s Q2 revenue growth to 5-7%: Crisil report
Sluggish performance in construction, industrial commodities, and investment-linked sectors has led to the moderation in Indian Inc’s revenue growth, CRISIL Market Intelligence and Analytics observed. The revenue growth for the three months of the ended September stood at 5-7 per cent, as per the market intelligence firm. India Inc. experienced
RBI Governor Das calls for reforming global financial architecture
RBI Governor Shaktikanta Das has called for reforming the international financial architecture to ensure equitable voice and representation for the emerging economies, and overhauling of the debt resolution architecture for vulnerable countries. He also said there is a pressing need to improve global financial regulation to manage systemic risks posed
Punjab: Farmers continue their protest for second day, demand paddy procurement among others
Farmers in Punjab continued their protest for the second day on Sunday to press for multiple demands, including paddy procurement. As part of their protest, farmers organised road blocks, or “chakka jam,” in several parts of Punjab, including Sangrur, Moga, Phagwara, and Batla. Kisan Mazdoor Sangharsh committee and Sanyukta Kisan
IIHR licences new technology to industry
Technology to make chocolates from jackfruit seeds, vertical farming model and new varieties of okra and marigold were among the new products/technologies that were licenced by the ICAR-Indian Institute of Horticulture Research, Bengaluru on Thursday. Also, an MoU to develop smart packages for crops such as chilli and okra was