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Why India’s election is among the world’s most expensive

The world’s biggest democracy will soon hold what’s likely to be one of the world’s costliest elections. This time the polling exercise, due to start on April 11 and be completed by May 19, will cost an unprecedented 500 billion rupees ($7 billion), according to the New Delhi-based Centre for Media Studies. The CMS projection […]

India to focus on skill development

The Vice President of India, Shri M. Venkaiah Naidu said that skill development should become a national mission. Shri Naidu stressed on the need to work as a team to build a stronger India, a more developed India, an India that was capable of defending itself against hostile forces and disruptive designs. The world and […]

India emerging as a key player in the global defence arena

Raksha Mantri Smt Nirmala Sitharaman inaugurated the 12th biennial edition of International Aerospace and Defence Exhibition amidst fanfare at Air Force Station Yelahanka in Bengaluru. This edition of Aero India, for the first time, combines the defence and civil aviation segments. More than 600 Indian Companies and 200 Foreign Companies are participating and witnessing the largest […]

Measures taken to increase roof top solar power system

Under the present rooftop solar programme, which was approved by the Government in December 2015, an aggregated capacity of 2100 MW is targeted to be achieved in residential, institutional, social and Government sector through central financial assistance by the year 2019-20. According to the Minister of State for new and renewable energy and power Shri […]

India’s e-commerce growth in 2018 is not without its hitches

In a statement to parliament, the Minister of State for Consumer Affairs, Food & Public Distribution, Shri C.R. Chaudhary said that India’s e-commerce business grew at the rate of 17 percent in the 2018 to 2019 financial year. According to the National Association of Software and Services Companies (NASSCOM) Strategic Review 2018, in the Information […]

Defer implementation of foreign investment restrictions

Online retailer Flipkart has told the government the company faces the risk of “significant customer disruption” if the implementation of new curbs for e-commerce is not delayed by six months, a source said. The new foreign investment restrictions will, from February 1, bar e-commerce companies from selling products from firms in which they have an […]

Why India should not treat cryptocurrencies like Ola and Uber

An international legal firm has sought to allay the Indian government’s fear of cryptocurrencies. As with any emerging technology, their potential benefits will eventually outweigh the associated risks and concerns, it has told a panel vetting the country’s official policy on digital coins. “Like electricity, railways, telecommunications, motor vehicles, aircraft, mobile phones, and the internet […]

Tamil Nadu most sought after investment destination

Tamil Nadu is one of the best-performing states of India and one of the most sought-after investment destinations, said the Vice President of India, Shri M. Venkaiah Naidu during the Tamil Nadu Global Investors Meet (GIM)-2019. Speaking about the rich cultural heritage of Tamil Nadu, which is home to one of the oldest civilizations of […]

JNPT listed on world’s top 30 container ports list

The Jawaharlal Nehru Port Trust (JNPT) was listed amongst the top 30 container ports globally, as per the latest Lloyds Report. JNPT notched up five spots, to be 28th on the list, compared to its previous ranking. This is a validation of all the efforts and strategic initiatives implemented to enhance overall port efficiency. Various new […]

Expect Indian markets to be ‘somewhat choppy’: Mizuho

Vishnu Varathan of Mizuho Bank says there has been “discernible fiscal slippage” in India, in part due to “fractured” political standing ahead of elections in the country. SOURCE: CNBC (8)

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