January 17, 2020
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.
According to the Reserve Bank data, in the fortnight to January 2, the bank credit grew by 7.57 per cent reaching Rs 100.44 lakh crore (US$ 1.43 trillion) while deposits increased by 9.77 per cent to Rs 132.10 lakh crore (US$ 1.89 trillion).
'Saksham', an annual one-month long fuel conservation mega campaign of Petroleum Conservation Research Association (PCRA) launched by Dr M.M Kutty, Secretary, Ministry of Petroleum & Natural Gas in Delhi.
No imports will be allowed without HSN code into the country in order to support industry to establish international quality standards.
Minister of Defence of India, Mr Rajnath Singh flagged off 51st K9 VAJRA-T Gun from Larsen & Toubro (L&T) Armoured System Complex at Hazira in Gujarat.
Sun Pharmaceutical Industries has entered into a licensing agreement with US-based Rockwell Medical to commercialise Triferic, which is an iron replacement and haemoglobin maintenance drug in India.
Strides Pharma Science received approval from the US health regulator for Loratadine Softgel Capsules, which is typically used to treat seasonal allergy (seasonal allergic rhinitis) and other upper respiratory tract allergies.