Industries

Infrastructure Output Of Core Sectors Rises 8.9% In June 2021

Infrastructure Output Of Core Sectors Rises 8.9% In June 2021

Edited by Nikita Prasad (With inputs from Agencies) | Friday July 30, 2021

Infrastructure Output in June 2021: The growth in the infrastructure output last month was mostly led by the steel sector, followed by natural gas, and coal sectors.

Centre Permits 100% FDI In Oil, Gas State-Run Firms Approved For Disinvestment

Centre Permits 100% FDI In Oil, Gas State-Run Firms Approved For Disinvestment

Press Trust of India | Thursday July 29, 2021

The move would facilitate privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL).

NTPC To Set Up India's First Green Hydrogen Fuelling Station In Ladakh

NTPC To Set Up India's First Green Hydrogen Fuelling Station In Ladakh

Edited by Animesh Singh | Thursday July 29, 2021

National Thermal Power Corporation Renewable Energy Ltd has invited a domestic tender to set up India's first green hydrogen fuelling station in Leh.

Indian Traders Sign Sugar Export Deals In Advance As Frost Hits Brazil

Indian Traders Sign Sugar Export Deals In Advance As Frost Hits Brazil

Reuters | Thursday July 29, 2021

Sugar production in Brazil, the world's biggest producer and exporter, is likely to drop due to a drought and frost that has damaged sugarcane crop.

Centre Planning Follow Up Scheme On Urban Transformation, Says Minister

Centre Planning Follow Up Scheme On Urban Transformation, Says Minister

Edited by Animesh Singh | Thursday July 29, 2021

Centre is planning a follow up scheme to the existing Atal Mission for Rejuvenation and Urban Transformation, which will cover all urban areas.

RBI Allows Non-Bank Entities Access To Central Payment Systems

RBI Allows Non-Bank Entities Access To Central Payment Systems

Edited by Animesh Singh | Thursday July 29, 2021

RBI has allowed non-bank payment system providers to participate in central payment systems namely RTGS and NEFT, in a phased manner.

Parliament Panel Calls Government's Stimulus Package "Inadequate"

Parliament Panel Calls Government's Stimulus Package "Inadequate"

Edited by Animesh Singh | Wednesday July 28, 2021

The panel suggested that Government should immediately come out with a larger economic package aimed at bolstering demand, investment and employment.

Indian Railways' Oxygen Express To Augment Supplies To Bangladesh

Indian Railways' Oxygen Express To Augment Supplies To Bangladesh

Edited by Animesh Singh | Sunday July 25, 2021

On July 24, an indent was placed in Chakradharpur division under South Eastern Railway to transport 200 metric tonnes of LMO to Benapole, Bangladesh.

Centre Caps Trade Margin On Pulse Oximeter And 4 Other Key Devices

Centre Caps Trade Margin On Pulse Oximeter And 4 Other Key Devices

Edited by Animesh Singh | Sunday July 25, 2021

More than 600 brands have seen huge reduction in prices after the Centre capped trade margins on pulse oximeter, nebuliser and three other items.

State Bank Of India Branch Inaugurated At Rashtrapati Bhavan

State Bank Of India Branch Inaugurated At Rashtrapati Bhavan

Edited by Nikita Prasad (With inputs from Agencies) | Saturday July 24, 2021

President Ram Nath Kovind is the first customer of the SBI branch and was handed over his passbook today, soon after opening his account, according to a statement by the Rashtrapati Bhavan.

RBI Eyes Phased Launch Of Its Own Digital Currency: Report

RBI Eyes Phased Launch Of Its Own Digital Currency: Report

Reuters | Friday July 23, 2021

Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), according to Deputy Governor T. Rabi Sankar

Indian Oil To Cut Emissions Using Green Power To Fuel Capacity Expansion

Indian Oil To Cut Emissions Using Green Power To Fuel Capacity Expansion

Reuters | Friday July 23, 2021

Green hydrogen, derived from water electrolysis using renewable energy such as solar or wind, will replace carbon-emitting fuels used in the refinery to process crude oil into value-added products, such as petrol and diesel

Government Gets 27 Proposals From Private Sector For Space Industry

Government Gets 27 Proposals From Private Sector For Space Industry

Edited by Animesh Singh | Thursday July 22, 2021

Sources in the Ministry of Space said that 27 proposals from private entities were received so far for undertaking various space activities in India.

Government Clears Incentive Scheme For Speciality Steel

Government Clears Incentive Scheme For Speciality Steel

Edited by Animesh Singh | Thursday July 22, 2021

Government has approved the production linked incentive scheme (PLI) for speciality steel, which will run for five years.

Uttar Pradesh Led In Opening Of Sukanya Samriddhi Accounts During 2020-21

Uttar Pradesh Led In Opening Of Sukanya Samriddhi Accounts During 2020-21

Reported by Animesh Singh | Wednesday July 21, 2021

According to Finance Ministry figures, during 2020-21 a total of 4,15,818 accounts were opened in Uttar Pradesh under Sukanya Samriddhi Yojana.