More India Positive News >>
GST platform to become analytics powerhouse
Mr Navin Kumar, Chairman, Goods and Services Tax Network (GSTN), has stated that the GSTN will generate analytics based on data filed by taxpayers, which will help in plugging leakages, identifying economic trends and ensure more focused economic-policymaking.
Shri Piyush Goyal launches 'TARANG’ 'e-Trans' & 'DEEP'
Mr Piyush Goyal, Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines, inaugurated the Tarang (Transmission App for Real Time Monitoring & Growth) mobile app and web portal for electronic bidding for transmission projects, which is expected to enhance ease, accountability, transparency, and boost investor confidence in power transmission sector.
Global investors keen on Indian Realty: JLL CEO Colin Dyer
Mr Colin Dyer, Chief Executive Officer of JLL Inc, has stated that the recent policy reforms, including Real Estate Regulatory Act (RERA), 100 per cent foreign direct investment (FDI) in construction and easing of real estate investment trusts (REITs) regulations, have prompted institutional investors to increase their exposure in the Indian real estate sector.
Government extends subsidy scheme to solar-powered cold storages
The Ministry of New and Renewable Energy (MNRE), which provides 30 per cent subsidy to most solar powered items such as solar lamps and solar heating systems, has further extended its subsidy scheme to solar-powered refrigeration units with a view to boost the use of solar-powered cold storages.
Shri Piyush Goyal launches web portal for star rating of major mineral mines
Mr Piyush Goyal, Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines, launched an online portal for star rating of mines, which will bring all mines to adopt sustainable practices, and thereby ensure compliance of environmental protection and social responsibility by the mining sector.
Govt eases borrowing consent norms for states
The Central Government has decided to simplify the consent mechanism for open market borrowings (OMBs) by allowing the states to seek consent for OMBs only once in nine months, which had to be taken every quarter as per earlier norms.
India set to seize big opportunity in logistic costs saving through Sagarmala
The Sagarmala project, which aims to modernise India's port, could lead to an annual saving of Rs 35,000-40,000 crore (US$ 5.23-5.98 billion) per annum by optimizing logistics flows for key commodities by 2025, according to a report by the Ministry of Shipping.
India rises to 66th rank in innovation
India has moved up 15 positions, from 81 last year, to become the 66th most innovative nation in the world, according to the Global Innovation Index (GII), reported by the Paris-based business school Insead, Cornell University and the World Intellectual Property Organisation, a United Nations agency.
India to have 730 million internet users by 2020, says report
Internet users in India are expected to grow to 730 million by 2020, led by e-commerce, travel and hospitality, finance technology and media sectors, according to a report by Nasscom and Akamai Technologies.
Indian steel firms set to perform better on increased demand: Moody's
The profitability of Indian steel companies will likely outperform its Asian peers, owing to rising domestic demand, minimum import prices and anti-dumping duties, according to a report by Moody’s Investors Service.
June industrial growth at 8-month high
The index of industrial production (IIP) rose to an eight-month high in June 2016, on the back of robust electricity, mining, commercial vehicles and mobile phone production, according to data from the Central Statistics Office (CSO).
7 Indian companies among top 200 carbon clean firms
Seven Indian companies have been featured in a list of top 200 largest companies worldwide based on their total clean energy revenues, according to Carbon Clean 200 report.