USAID’s energy collaboration with India. A study under the U.S.-India bilateral program confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022.
Saudis recognize India’s lighting success. Energy Efficiency Services Limited (EESL) is to help implement energy efficiency programmes and scale-up demand side measures in Saudi Arabia under a Memorandum of Understanding (MoU).
Operational hiccups expected during implementation. A remarkable Goods and Services Tax Network (GSTN) will capture 3.5 billion transactions in a month, generate 3 billion invoices monthly and bring more of the unregulated economy into the organized sector thus widening the tax base, says a leading
Nakao agrees to ADB’s regional hub in New Delhi. The Asian Development Bank (ABD) will step up investment up to US$5 billion over next five years for development along the East Coast Economic Corridor (ECEC).
Strategic disinvestment also covers five subsidiaries. Cabinet Committee on Economic Affairs has given ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries. The approval is for fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air
Progresson part of UP NH-2 between Delh and Kolkata. The Cabinet Committee on Economic Affairs has given its approval for development of six laning of 145-km Chakeri-Allahabad section of National Highway (NH) – 2 in Uttar Pradesh.
India-Dutch synergy for business opportunities. Prime Ministers Narendra Modi and Mark Rutte have expressed the hope for an early resumption of negotiations leading to the conclusion of the Broad-based Trade and Investment Agreement between India and the European Union.
MoU for ship survey and refit. Indian Register of Shipping (IRClass) has signed a Memorandum of Understanding (MOU) with the Indian Coast Guard (ICG) for capturing and maintaining refit and fatigue analysis data in respect of Coast Guard Ships.
FICCI launches ‘India Matters” report at Capital Hill. Prime Minister Narendra Modi’s visit to Washington has reinstated confidence in the India-US partnership, said the Federation of Indian Chambers of Commerce and Industry (FICCI).
People will benefit from efficiency in public offices. India has signed a Loan Agreement with the World Bank for US$35 million for “Assam State Public Financial Institutional Reforms Project” to help improve predictability and transparency in budget execution and efficiency in tax administration in the