Cabinet nod for amendments to Chit Funds Act
The Cabinet approved amendments to the Chit Funds Act to facilitate orderly growth of the sector and provide more financial products to investors.
IT exports to grow 7-9% in FY19
According to a recent key projection by Nasscom for 2018¬-19, exports of Indian IT industry will grow 7¬.9%.
Government clears new rail and road projects
The government approved several railway projects, including a 130 km long Jeypore¬Malkangiri project and another 425 km¬long Jhansi¬-Manikpur and Bhimsen-¬Khairar line doubling-cum-¬electrification projects .
Coal mining open for private sector
The Cabinet Committee on Economic Affairs approved the methodology for auction of coal mines/blocks for sale of the commodity.
Mahanadi tribunal gets Central nod
The Union Cabinet approved the setting up of a tribunal to settle a row between Odisha and Chhattisgarh on sharing the waters of the Mahanadi river.
Google AI can predict heart attack risk
Google, through Artificial Intelligence (AI) has developed a system which could help detect risks associated with heart attacks.
Australia, US, India and Japan in talks to establish Belt and Road alternative
Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China’s multibillion-dollar Belt and Road Initiative in an attempt to counter Beijing’s spreading influence.
India-Canada relations
Khalistan becomes an issue between India and Canada again.
UK and India upgrade joint research on clean water and clean energy
UK-India research projects on ‘Water Quality Research’ and ‘Energy Demand Reduction in Built Environment’ were launched recently.
Consider privatising PSBs: FICCI
Industry body FICCI has called for privatisation of public sector banks (PSBs) saying that recapitalisation had little effect on the health of banks.