India Positive - August 10, 2018
- November 30, -0001
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India's online retail market is a US$ 50 billion opportunity, according to a joint report by Bain and Company, Google and Omidyar Network.
India continues to be a source for global economic growth and contributes nearly 15 per cent of global growth in Purchasing Power Parity (PPP) terms, according to Mr Ranil Salgado, India Mission Chief for IMF.
295 projects undertaken by Government of India involving construction of new underpasses, over bridges and widening of roads are expected to be completed by March 2019, according to Mr Mansukh L Mandaviya, Minister of State for Road Transport and Highways.
The Khangchendzonga Biosphere Reserve becomes the 11th Biosphere reserve from India to be added in the UNESCO designated World Network of Biosphere Reserve (WRBR).
The proposed industrial policy is said to have special provisions for manufacturing in the textile and leather sectors to boost growth as well as diffuse the overall export hubs across the country which are currently concentrated in few states.
Under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), medicines, surgicals and consumables are available at prices discounted up to 90 per cent, according to Mr Mansukh L Mandaviya, Minister of State for Chemicals and Fertilisers, Government of India.
India is said to achieve the 100 GW target of solar energy capacity by 2020 with recorded installed solar capacity of 23.12 GW till July 2018, according to Mr R K Singh, Minister of Power and New and Renewable Energy, Government of India.
Nine corridors under the Bharatmala scheme will be connected through expressways by Ministry of Road Transport and Highways, Government of India and the National Highways Authority of India.
Government of India has approved 122 new research projects at a cost of Rs 112 crore (US$ 16.28 million) under Imprint-II, advancing cutting-edge technology.
The India Post Payments Bank (IPPB) which will focus on financial services in rural areas, will be launched on August 21, 2018 by Mr Narendra Modi, Prime Minister of India.
India's mutual fund industry grew at the rate of 17 per cent year-on-year while the retail segment recorded a growth of 34 per cent year-on-year as the retail assets hit an all-time high by crossing Rs 10 trillion (US$ 145.35 billion) in July 2018, according to Mr N S Venkatesh, Chief Executive, Association of Mutual Funds in India (Amfi).
India's online retail market is a $50 bn opportunity waiting to be realised
India's online retail market is a US$ 50 billion opportunity, according to a joint report by Bain and Company, Google and Omidyar Network.
Strong Indian economy continues to lead global growth: IMF
India continues to be a source for global economic growth and contributes nearly 15 per cent of global growth in Purchasing Power Parity (PPP) terms, according to Mr Ranil Salgado, India Mission Chief for IMF.
295 New Underpasses/Over Bridges projects to be completed by March 2019
295 projects undertaken by Government of India involving construction of new underpasses, over bridges and widening of roads are expected to be completed by March 2019, according to Mr Mansukh L Mandaviya, Minister of State for Road Transport and Highways.
Khangchendzonga Biosphere Reserve Becomes 11th Biosphere Reserve from India to be Included in the World Network of Biosphere Reserves
The Khangchendzonga Biosphere Reserve becomes the 11th Biosphere reserve from India to be added in the UNESCO designated World Network of Biosphere Reserve (WRBR).
New export-oriented industrial policy to focus on textile, leather sectors
The proposed industrial policy is said to have special provisions for manufacturing in the textile and leather sectors to boost growth as well as diffuse the overall export hubs across the country which are currently concentrated in few states.
People saving up to 90% on medicines, surgicals under PMBJP: Govt
Under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), medicines, surgicals and consumables are available at prices discounted up to 90 per cent, according to Mr Mansukh L Mandaviya, Minister of State for Chemicals and Fertilisers, Government of India.
India to comfortably achieve 100 GW solar energy target by 2022: Govt
India is said to achieve the 100 GW target of solar energy capacity by 2020 with recorded installed solar capacity of 23.12 GW till July 2018, according to Mr R K Singh, Minister of Power and New and Renewable Energy, Government of India.
Nine of 44 economic corridors to be connected via expressways soon
Nine corridors under the Bharatmala scheme will be connected through expressways by Ministry of Road Transport and Highways, Government of India and the National Highways Authority of India.
122 New Research Project proposals at a cost of Rs 112 Crore selected for funding under IMPRINT-2 : HRD Minister PrakashJavadekar
Government of India has approved 122 new research projects at a cost of Rs 112 crore (US$ 16.28 million) under Imprint-II, advancing cutting-edge technology.
PM Modi to launch India Post Payments Bank on Aug 21
The India Post Payments Bank (IPPB) which will focus on financial services in rural areas, will be launched on August 21, 2018 by Mr Narendra Modi, Prime Minister of India.
MF retail assets crossing Rs 10 trn a big achievement: Amfi's N S Venkatesh
India's mutual fund industry grew at the rate of 17 per cent year-on-year while the retail segment recorded a growth of 34 per cent year-on-year as the retail assets hit an all-time high by crossing Rs 10 trillion (US$ 145.35 billion) in July 2018, according to Mr N S Venkatesh, Chief Executive, Association of Mutual Funds in India (Amfi).
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