Tea exports to China, Pak. rise
In the first half of 2018, India shipped larger quantities of tea to two neighbouring countries – China and Pakistan .
Maharashtra : loan waiver scheme to individual farmers
The Maharashtra government has expanded the scope of the loan waiver scheme by extending the benefits to every member of the farmer’s family in case of a separate loan account.
States urged to sell surplus wind energy
At the annual meeting of the Indian Wind Power Association, a resolution has been passed that urged State Electricity Boards to arrange to sell surplus energy generated through power exchanges.
India ‘Doing Okay’ in philanthropy
According to the Centre for Asian Philanthropy and Society’s (CAPS) Doing Good Index (DGI), a first of its kind survey, India is just ‘Doing Okay’ in philanthropy .
Incentives to textiles sector likely
The government is likely to hike import duty on about 300 textile products to boost domestic manufacturing and create employment opportunities.
U.S.-China trade war can make Indian products competitive:CII
CII in its report said, while the US imposing additional 25 per cent duty on imports worth USD 34 billion from China, certain Indian products may become more competitive.
Growth in Services sector : PMI Survey
As per the PMI survey, business activity in service sector witnessed the strongest growth since October 2016, amid improved demand conditions.
Zero telecom equipment imports by 2022 : TRAI
In a bid to push local manufacturing of telecom gear, TRAI recommended that India aim for ‘net zero imports’ of telecom equipment by 2022.
Private sector investment may see rise
Centre for Monitoring Indian Economy (CMIE) states that the value of new project announcements by private sector increases for first time in 2 years.
RBI hikes repo rate for second consecutive time
The Reserve Bank of India (RBI) resorted to a back-to-back interest rate hike for the first time in almost five years to curb inflation.