December 08, 2016
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
New Delhi: The Union Cabinet has approved a set of reforms, including simplified labour laws and technology upgradation for the made-ups sector, which is expected to boost employment in the textile sector and create employment for up to 1.1 million people, lead to increase in exports and enhance benefits to the workers in the textile and apparel sector.
Over 36.66 million farmers (26.50 per cent) in the country have enrolled with the Pradhan Mantri Fasal Bima Yojana (PMFBY) so far, while overall coverage of crop insurance is expected to surpass the target of 30 per cent for both Kharif and Rabi seasons in FY2016-17: Ministry of Agriculture
New Delhi: The Indian Space Research Organisation (ISRO) has successfully placed remote sensing satellite Resourcesat-2A in orbit, to provide continuity to ISRO's three tier imaging data, which will be extremely useful for agricultural applications like crop area and crop production estimation, drought monitoring, soil mapping, cropping system analysis and farm advisories generation.
New Delhi: Mr Shripad Naik, Minister of State with Independent Charge for Ministry of AYUSH, has verified that three new institutes of AYUSH at New Delhi, Shillong, and Arunachal Pradesh, will likely become operational during FY 2016-17.
New Delhi: The Government of India has given its ex-post facto approval to the memorandum of understanding (MoU) between India and United Kingdom (UK), which will enable exchange of officials from both the governments to facilitate sharing of best practices, offering technical assistance and enhanced implementation of reforms, thereby supporting Ease of Doing Business in India.
New Delhi: DineEquity Incorporation, a global multi-brand restaurant firm which is franchisor of Applebee’s Grill and Bar and IHOP restaurants, has signed a franchisee partnership deal with food services firm Kwal’s Group, in order to enter the Indian markets with their breakfast chain IHOP.