Union Minister Nitin Gadkari (PTI Photo/Atul Yadav)( Propagating the idea of the use of alternative fuels, Union Minister for Road Transport and Highways Nitin Gadkari on Sunday said green hydrogen is the future fuel. He said hydrogen can be made from petroleum, coal and biomass, organic waste and sewage water. He further said ‘my dream… Continue reading My dream is to make green hydrogen available at $1/kg: Union Minister Nitin Gadkari
Author: Economic Times of India Online News
India’s headline inflation may ease below 6% by March: Analysts
Despite signs of inflation having peaked in India, the outlook remains highly uncertain, members of the central bank’s monetary policy committee said in their report. MUMBAI – India’s headline retail inflation may ease below 6% by the fourth quarter of this financial year, bringing an end to the current cycle of rate hikes, analysts said… Continue reading India’s headline inflation may ease below 6% by March: Analysts
Have to make Indian infrastructure up to world standards: Union Min Gadkari
Union Minister for Road Transport and Highways, Nitin Gadkari Mumbai (Maharashtra): Union Minister for Road Transport and Highways, Nitin Gadkari on Sunday announced his decision to make Indian road infrastructure up to the road infrastructure standards of the USA, “before the end of 2024”. The Minister was addressing National Conference for Civil Engineers and Professionals… Continue reading Have to make Indian infrastructure up to world standards: Union Min Gadkari
Drones procurement framework in works
Representative image The government is preparing a procurement framework for usage of unmanned aerial vehicles or drones for various commercial purposes. The idea is to enable public sector enterprises to decide whether to buy drones as equipment or use them as a service, as the lack of clarity on procurement could impact overall output including… Continue reading Drones procurement framework in works
An economist explains: What you need to know about inflation
Inflation can make it easier to repay debts, as long as wages or other asset prices keep pace. Inflation can also benefit government finances as tax revenues rise relative to the dollar value of the debt. By Nicholas Li,Assistant, Toronto Metropolitan University Inflation is one of the most pressing political and economic issues of the… Continue reading An economist explains: What you need to know about inflation
PM Gati Shakti master plan integrated with geospatial maps to prevent cost overruns: Union minister Piyush Goel
Union Minister of Consumer Affairs, Food and Public Distribution Piyush Goyal (file photo) The Pradhan Mantri Gati Shakti National Master Plan will help develop the future infrastructure in a planned manner, prevent cost overrun, and increase India’s cost competitiveness, besides saving taxpayers’ money, Union minister Piyush Goyal said on Saturday. The minister said 1,000 geospatial… Continue reading PM Gati Shakti master plan integrated with geospatial maps to prevent cost overruns: Union minister Piyush Goel
India’s forex reserves dip by $2.23 billion to $570.74 bn
All other components of the country’s forex reserves rose during the week under review. Mumbai (Maharashtra): India’s foreign exchange (forex) reserves fell by $2.238 billion to $570.74 billion for the week ended August 12, the Reserve Bank of India (RBI) data showed. India’s forex reserves have declined sharply in recent weeks as the Reserve Bank… Continue reading India’s forex reserves dip by $2.23 billion to $570.74 bn
FPIs pump in Rs 44,500 cr into Indian equities in three weeks of Aug
FPIs poured a net amount of Rs 1,673 crore into the debt market during the month under review. New Delhi: After turning net buyers last month, foreign investors have shown tremendous enthusiasm for Indian equities and have infused close to Rs 44,500 crore in August so far amid softening of inflation in US and falling… Continue reading FPIs pump in Rs 44,500 cr into Indian equities in three weeks of Aug
Power crisis in China forces auto companies to shut down factories
Chongqing municipality is home to a host of factories that produce automobiles and computers. New Delhi: China, which is already staring at multiple economic challenges, now has another problem — an acute power outage driven by an intense heatwave in the country’s southwest region. This has forced a many factories to shut down temporarily, which… Continue reading Power crisis in China forces auto companies to shut down factories
Ladakh rolls out EV policy with subsidies to encourage buyers
With a view to encouraging this shift to electric vehicles, he said the administration has offered an early bird subsidy for the first year of the policy. Leh: The Union Territory of Ladakh has announced a new electric vehicle policy with subsidies to encourage the citizens to procure e-vehicles in order to create a carbon-neutral… Continue reading Ladakh rolls out EV policy with subsidies to encourage buyers