More India Positive News >>
India's crude steel output up 6% at 8.7 MT in April
India's crude steel output recorded a year-on-year growth at the rate of 5.6 per cent to reach 8.7 million tonnes in April 2018.
India's economy will sustain growth of 7.5 to 8 per cent: PM Modi
Mr Narendra Modi, Prime Minister of India announced India’s economic growth forecast at 7.5 to 8 per cent for FY2019.
India to be shared mobility leader by 2030: Report
India is expected to become a leader in shared services mobility by 2030 due to improvement of shared mile economics in electric and autonomous vehicles, according to Morgan Stanley report.
India gets first automated vehicle scrapping and recycling facility
India's first automated and organised vehicle scrapping and recycling facility has been started by Mahindra & Mahindra in Greater Noida, Uttar Pradesh.
Krishi Kalyan Abhiyaan: Farmers to get advice on improving farming techniques
The Government of India announced the launch of 'Krishi Kalyan Abhiyaan' which aims to provide advice and assistance to farmers on ways to improve farming techniques and raise income.
Cargo traffic at 12 major ports up 1.78% to 57 MT in April
India recorded growth in cargo traffic at the rate of 1.78 per cent year-on-year to 56.81 million tonnes in April 2018, supported by increasing traffic volumes of fertilizer and thermal coal.
World Bank forecasts 7.3 per cent growth for India; making it fastest growing economy
Indian economy is expected to grow 7.3 per cent in 2018-19 and 7.5 per cent in 2019-20, making it the fastest growing emerging economy, as per the Global Economic Prospect report by World Bank.
Plastic exports grew 17.1% in FY18 to USD 8.85 bn
India's plastic exports recorded growth at the rate of 17.1 per cent year-on-year to US$ 8.85 billion in FY18, driven by boost in value-added products and higher shipment of raw materials.
Cabinet approves construction of a new 6 - Lane bridge with its approaches across River Ganga at Phaphamau, Allahabad in Uttar Pradesh
The Government of India approved construction of 9.9 km long 6 lane bridge project across Ganga in Allahabad with the total capital cost of Rs 1,948.25 crore (US$ 290.61 million), which is expected to be completed by December 2021.
Ministry of Water Resources accepts two major irrigation and four flood management projects from six states
Ministry of Water Resources, River Development and Ganga Rejuvenation has approved two major irrigation and four flood management projects to be undertaken in six states with a cumulative investment of Rs 84,748 crore (US$ 12.65 billion).
RBI to set up Public Credit Registry to make credit market more efficient
The Reserve Bank of India (RBI) announced that it has decided to set up an extensive database of credit information for India called as Public Credit Registry (PCR) which will be accessible to all stakeholders.
India might hold world's second largest gas hydrate reserves
As per US Geological Survey (USGS), India is home to the second largest gas hydrate reserves, with Krishna-Godavari, Cauvery and Kerala basins contributing around 100-130 trillion cubic feet (tcf) of reserves.