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About 700 digital villages will be set up by year-end: Ravi Shankar Prasad
Around 700 digital villages will be set up in 2018 to empower the rural areas in the country with important digital infrastructure, according to Mr Ravi Shankar Prasad, Minister of Electronics and Information Technology, Government of India.
Odisha invites Bengal cos to explore investment opportunities
Government of Odisha has invited companies to invest in the state through a roadshow and investors meet in Kolkata, West Bengal where it showcased various inherent advantages present in Odisha for doing business.
India to achieve 9pc growth rate by 2022
Indian economy is expected to achieve a growth rate of 9 per cent by 2022 backed by reforms like the Goods and Services tax (GST), bank recapitalisation and the Insolvency and Bankruptcy Code (IBC), according to Mr Rajiv Kumar, Vice-Chairman, NITI Aayog, Government of India.
Four years of Modi govt: Jan Dhan Yojana brings down inequality, leakage
Around 315 million accounts have been opened under the Jan Dhan Yojana as of May 2, 2018 of which 185.8 million are from rural and semi-urban areas of India having total deposits of Rs 813 billion (US$ 11.94 billion).
India, China lead global solar power expansion amid falling costs (Bloomberg)
India and China are driving global solar power expansion with the largest utility scale solar projects operating in the world being concentrated in these two countries, according to Institute for Energy Economics and Financial Analysis.
No charges for cancelling tickets within 24 hours of booking: Aviation Ministry proposal
The Ministry of Civil Aviation, Government of India has proposed a new rule under which passengers will not be charged cancellation charges if bookings are cancelled within 24 hours of booking.
India rises a notch to 44th on competitiveness index, US tops list
India has been ranked as the 44th most competitive country in the world in the World Competitiveness Ranking 2018 released by International Institute for Management Development.
India, Netherlands to launch initiative on May 25 to promote startups
The Indo-Dutch #StartUpLink initiative will be jointly launched by the Government of India and Netherlands on May 25, 2018 in order to promote market expansion for startups and innovation in both countries.
Ministry of HRD launches ‘SamagraSiksha’ scheme for holistic development of school education
Ministry of Human Resource Development, Government of India has launched a new integrated scheme named 'SamagraShiksha' in order to provide support for holistic development of school education in India.
Mid, small-caps outperform in four years of Narendra Modi government
The S&P BSE Mid-cap and Small-cap indices have increased 86 per cent and 81 per cent, respectively since May 26, 2014 on the back of proactive economic reforms by Government of India and lower crude oil prices, according to analysts.
After two early Budgets, capital expenditure rises 48% in April
Government of India's capital expenditure (capex) increased 48 per cent year-on-year to around Rs 430 billion (US$ 6.30 billion) in April 2018, on the back of a capex boost to defence, railways.
Bank credit grows at 12.64%, deposits at 7.61%
India's bank credit increased 12.64 per cent year-on-year to Rs 85,51,099 crore (US$ ASD) while bank deposits advanced 7.61 per cent to Rs 1,13,92,165 crore (US$ ASD) in the fortnight ended May 11, 2018.