India Positive - July 27, 2018
- November 30, -0001
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India and nine other major Asian economies are expected to witness robust growth and surpass US in terms of real GDP by 2030, with an aggregate GDP of US$ 28.35 trillion, according to a report by DBS.
India's overseas tourism has recorded growth in visa applications to 4.7 million in 2017 at the rate 10 per cent year-on-year, according to a report by VFS Global.
The 28 per cent slab rate has been cut down for 191 items and retained for 35 items by the Goods and Services Tax (GST) Council.
Startup India Hub has mentored more than 550 startups, attained 220,000 registrations and handled over 100,000 queries as of June 2018.
The Government of Maharashtra has partnered with Campus Management Corporation to provide students a single-window system with end-to-end solutions through a centralised cloud based structure, which enables managing and tracking of admission process.
Dr Satya Pal Singh, Minister of Uttarakhand for Water Resources, River Development and Ganga Rejuvenation informed that the river quality monitoring conducted in 2017 indicated improvement in the dissolved oxygen levels and reduction in coliform bacteria count along with Biological Oxygen Demand (BOD) levels at 33, 30 and 26 locations respectively, as compared to 2016.
India is becoming a global manufacturing and start-up hub with exports of various 'Made-in-India' products and registration of 11,000 start-ups in the past four years, according to Mr Narendra Modi, Prime Minister of India.
Recapitalisation plan of Rs 11,336 crore (US$ 165 billion) for five public sector banks in India will be credit positive and also help these institutions in meeting regulatory requirements, according to Moody's Investor Service.
Exports from India recorded highest growth in 2017-18 and are expected to reach US$ 350 billion in 2018-19, according to Mr Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, Government of India.
India, 9 other Asian economies to pull ahead of US in terms of GDP by 2030: Report
India and nine other major Asian economies are expected to witness robust growth and surpass US in terms of real GDP by 2030, with an aggregate GDP of US$ 28.35 trillion, according to a report by DBS.
Steady rise in Indians visiting overseas tourist spots: Report
India's overseas tourism has recorded growth in visa applications to 4.7 million in 2017 at the rate 10 per cent year-on-year, according to a report by VFS Global.
Now, only 35 goods in highest tax bracket of GST
The 28 per cent slab rate has been cut down for 191 items and retained for 35 items by the Goods and Services Tax (GST) Council.
Over 550 startups mentored for incubation and funding support
Startup India Hub has mentored more than 550 startups, attained 220,000 registrations and handled over 100,000 queries as of June 2018.
India's first UMS to drive admission process of about 8 million students
The Government of Maharashtra has partnered with Campus Management Corporation to provide students a single-window system with end-to-end solutions through a centralised cloud based structure, which enables managing and tracking of admission process.
River Water Quality Monitoring Carried Out in 2017 Indicates Improvement in Water Quality Trends as Compared to 2016 in Ganga
Dr Satya Pal Singh, Minister of Uttarakhand for Water Resources, River Development and Ganga Rejuvenation informed that the river quality monitoring conducted in 2017 indicated improvement in the dissolved oxygen levels and reduction in coliform bacteria count along with Biological Oxygen Demand (BOD) levels at 33, 30 and 26 locations respectively, as compared to 2016.
India emerging as global manufacturing hub: PM Modi
India is becoming a global manufacturing and start-up hub with exports of various 'Made-in-India' products and registration of 11,000 start-ups in the past four years, according to Mr Narendra Modi, Prime Minister of India.
Recapitalisation of 5 public sector banks credit positive: Moody's
Recapitalisation plan of Rs 11,336 crore (US$ 165 billion) for five public sector banks in India will be credit positive and also help these institutions in meeting regulatory requirements, according to Moody's Investor Service.
India's exports record highest growth in 2017-18: Suresh Prabhu
Exports from India recorded highest growth in 2017-18 and are expected to reach US$ 350 billion in 2018-19, according to Mr Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, Government of India.
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