Daily Archive: Friday, January 13, 2017

13 Jan 2017

NTPC inks pact to take over Chhabra thermal power plant

State-run NTPC has signed a non-binding agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd and Rajasthan Urja Vikas Nigam Ltd for takeover of Chhabra Thermal Power Plant. “NTPC Ltd has signed a non-binding MoU with Rajasthan Rajya
13 Jan 2017

Industrial production grows 5.7% in November 2016

Industrial production in November grew by 5.7 per cent compared to a contraction of 3.4 per cent in the same month a year ago, contrary to expectations of a slowdown due to demonetisation. Factory output measured in
13 Jan 2017

Global unemployment to rise by 3.4 million in 2017: ILO

Global unemployment is expected to rise by 3.4 million in 2017 despite a likely modest pick-up in economic growth at 3.4 per cent this year and 3.6 per cent in 2018, against a six-year low of 3.1
13 Jan 2017

Rajesh Gopinathan appointed as Chief Executive Officer of TCS

The board of the Tata Consultancy Services (TCS) on 12 February 2017 appointed Rajesh Gopinathan as Chief Executive Officer (CEO) and Managing Director (MD) of the company. The appointment is effective from 21 February 2017.The appointment came
13 Jan 2017

World’s first gender literature fest to be held in Patna

The world’s first Gender Literature Festival (GLF) will be held in Patna, Bihar from 6 March to 8 March 2017. The function will be organised at NIFT, Patna.The Gender Resource Centre of Bihar’s Women Development Corporation will
13 Jan 2017

India successfully test-fires Guided Pinaka rocket at Chandipur, Odisha

India on 12 January 2017 successfully test-fired the Guided Pinaka rocket from Integrated Test Range (ITR) launch pad at Chandipur in Odisha. The test-firing of the rocket met all mission objectives. The Guided Pinaka, also known as
13 Jan 2017

XCMG China to invest $150 m in manufacturing unit in India

XCMG, a China-headquartered global construction machinery company, will invest ₹150 million in a new manufacturing unit in India for construction and material-handling machines. For the proposed venture, the company will partner with Schwing Stetter India , a
13 Jan 2017

Ken-Betwa river linking project gets environment, forest & tribal clearances

Ken-Betwa River linking project on 13 January 2017 received environmental, forest and tribal clearances. The NDA government’s ambitious project aims at addressing the water needs of dry swathes in Madhya Pradesh and Uttar Pradesh. As per reports,
13 Jan 2017

NITI Aayog Estimates the GDP Growth of 8 Percent for 2016-17

The National Institution for Transforming India (NITI) Aayog is not in favour of raising the income-tax (I-T) exemption limit in the upcoming budget (Budget 2017). Instead, it has expressed a view that the threshold for paying 10
13 Jan 2017

MoUs worth 8835 Cr signed in textile sector during Vibrant Gujarat 2017

Union Textiles Minister Zubin Irani on 12 January 2017 announced that Memorandums of Understanding (MoUs) worth Rs 8835 crore were signed in textile sector. The MoUs were signed during 8th Vibrant Gujarat Global Summit 2017 in Gandhinagar.
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