BEL inks MoU with Swedish firm Saab for marketing air-surveillance radar

State-owned defence electronics company Bharat Electronics Ltd (BEL) has signed memorandum of understanding (MoU) with Saab for jointly marketing L-Band 3D air surveillance radar (RAWL-03) which is co-developed by the companies. Saab is Swedish aerospace and defence firm that serves ..

Month: Current Affairs - July, 2018

IFFCO iMandi: IFFCO rolls out e-commerce platform for farmers

Fertiliser major IFFCO has launched e-commerce platform IFFCO iMandi (an mobile application and web portal) to address all needs of the farming community associated with it. For this initiative, IFFCO has partnered with Singapore-based technology firm iMandi. Through this e-commerce ..

Month: Current Affairs - July, 2018

Index of Industrial Production (IIP): Industry growth slips to 7-month low of 3.2% in May 2018

According to the data released by the Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production (IIP) has slipped to seven-month low of 3.2% in May 2018. It was mainly due to sluggish performance ..

Month: Current Affairs - July, 2018

India-Korea Technology Exchange Centre established in New Delhi

The India-Korea Technology Exchange Centre has been established at the National Small Industries Corporation (NSIC) premises in New Delhi. It was inaugurated by Giriraj Singh (Minister of State (I/C) MSME ) and Hong Jong- hak (Minister of SMEs and Start-ups ..

India becomes world’s 6th largest economy in 2017: World Bank

According to updated World Bank figures on GDP of countries for 2017, India has become world’s sixth-biggest economy surpassing France to seventh place. India’s gross domestic product (GDP) amounted to $2.597 trillion at the end of 2017, as against $2.582 ..

Month: Current Affairs - July, 2018

Global Innovation Index (GII): India ranks 57th

In recently released Global Innovation Index (GII) 2018, India was ranked 57th among 130 countries. It was 11th edition of GII and was jointly released by Cornell University, INSEAD and World Intellectual Property Organisation (WIPO).  This year, India has moved up ..

Month: Current Affairs - July, 2018

India-South Korea Technology Exchange Centre inaugurated in New Delhi

The India-Korea Technology Exchange Centre was inaugurated at National Small Industries Corporation premises in New Delhi. It was inaugurated by Minister of State (I/C) MSME Giriraj Singh and Minister of SMEs and Start-ups of South Korea, Hong Jong- hak. India-Korea ..

Month: Current Affairs - July, 2018

Gujarat signs MoU with Korea Trade-Investment Promotion Agency to strengthen trade, industrial relations

Gujarat Government’s Industries and Mines Department has signed Memorandum of Understanding (MoU) with Korea Trade-Investment Promotion Agency (KOTRA) to strengthen trade, industrial relations. KOTRA is national trade and investment promotion organisation operated by South Korea Government. Key Facts The MoU ..

Month: Current Affairs - July, 2018