Economics News
First government blockchain centre likely in Hyderabad
The Centre is considering a proposal to set up a Centre of Excellence for blockchain technology in Hyderabad to drive innovation.
posted by Jawwad Kazi 29th Jun 2018
Rs 2,000-crore fund infusion in ECGC to boost exports
The Cabinet Committee on Economic Affairs on Wednesday approved capital infusion of Rs 2,000 crore in the Export Credit Guarantee Corporation (ECGC) to enhance insurance coverage to micro, small medium enterprises exports.
posted by Jawwad Kazi 28th Jun 2018
India-US meet over trade issues
Commerce Ministry officials at the Joint Secretary level and delegation from US is to discuss ways forward to resolve the escalating trade issues between the U.S. and India.
posted by Jawwad Kazi 27th Jun 2018
Joint bidding for oil blocks with UAE
With the firms based in UAE, India is considering jointly bidding for oil blocks.The statement came on the sidelines of the MoU signing ceremony with Saudi Aramco and ADNOC for their investment in the Ratnagiri refinery.
posted by Jawwad Kazi 26th Jun 2018
Govt plans Pariwartan scheme for power sector revival
The government plans to warehouse stressed power projects totalling 25,000 megawatts (MW) under an asset management firm to protect the value of the assets and prevent their distress sale under the insolvency and bankruptcy code till demand for power picks up.
posted by Jawwad Kazi 22nd Jun 2018