Oil minister Dharmendra Pradhan said that crude oil imports from West Asia is on a rise. India’s crude oil imports from Middle East rose marginally to 59.2% in 2015-16. India imported 109.09 million tonnes of crude from the 10 nations in the Middle East during first 11 months of 2015-16 fiscal.
The water issue is a big issue, from the rural to the urban areas. The drought in North and West Indian states and the wider water management issues presents a huge challenge to the economy, as the agricultural sector – a major contributor to the GDP that employs the most people in these states – […]
APJ Abdul Kalam Technological University (initially called ‘Kerala Technological University’, KTU) is a university established by the government of Kerala to coordinate, supervise, regulate, guide and provide leadership in all aspects of technological and engineering education and research in Kerala State. Engineering colleges may be affiliated as a regular college, a constituent college, an autonomous […]
Prime Minister Narendra Modi said that India wants to mobilise Rs 1 lakh crore investment to enable port development and invited global community to invest to transform country’s 7,500-km long coastline an “engine of growth”. Modi said at the Maritime Summit 2016 that the government plans to double port capacity to 3 billion tons by […]
India may invest up to $20 billion in Iran’s energy industry and ports and boost imports of crude from the Gulf nation if it gets favourable terms. India will invest in new petrochemicals, fertiliser and liquefied natural gas (LNG) facilities in Iran and sought land and cheaper natural gas in return.
India called for SAARC countries to cooperate in addressing climate change and its impact on the farm sector. Addressing the third meeting of agriculture ministers of SAARC countries, Agriculture Minister Radha Mohan Singh said, “Climate change is a real episode. Most likely, it can inflict tremendous losses in a number of cases.”
The fastest train in India – Gatimaan express has been flagged off on 5th April by Union Railway Minister Suresh Prabhu on an event held in New Delhi. The debut journey took almost 100 minutes to reach the Taj Mahal city, Agra. The train can achieve a maximum speed of 160km/h. It will be available […]
Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells dairy products under the Amul brand, is mulling setting up a processing unit in the Northeast. GCMMF, formed in 1946 with just two village dairy co-operative societies and 247 litres of milk, has helped the country become the largest milk producer in the world.
Japan approves record-high budget, focusing on defence and economic recovery for the fiscal 2016-17. The $44 billion defence budget is Japan’s largest ever and is the fourth straight annual increase under conservative Prime Minister Shinzo Abe.The general-account budget for the fiscal year starting next April also features higher spending on defence and official development assistance, […]
The European Central Bank has taken measures aimed at bolstering the eurozone’s fragile economy. The ECB has cut interest rates across the Eurozone to zero. Irrespective of the steps taken, markets are still under pressure and exhibits volatility across Europe.