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2nd India Mobile Congress to be held in New Delhi in October 2018

The second edition of India Mobile Congress (IMC-2018) will be held in New Delhi on October 25-27, 2018. It will be organised by Department of Telecommunications (DoT) and Cellular Operators Association of India (COAI). IMC was launched in 2017 to ..

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India’s forex reserves at record high of $424.864 billion: RBI

According to the Reserve Bank of India (RBI), India’s forex (foreign exchange) reserves have touched record high of $424.864 billion in April 2018. The surge was due to massive spike in foreign currency assets (FCAs), a key component of the ..

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RBI tightens reporting norms for Liberalised Remittance Scheme

The Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year. The purpose of tightening of norms is to improve monitoring and ..

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India Convention Promotion Bureau

The India Convention Promotion Bureau (ICPB) has been set up under the patronage of the Ministry of Tourism. It has been set up to promote India as a venue for International Conferences and Exhibitions. ICPB is the only travel industry body with ..

Industrial production grows 7.1% in February 2018: CSO

According to data released by the Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production (IIP) had grown 7.1% in February 2017. It was mainly driven by robust performance of manufacturing sector coupled with ..

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PM Narendra Modi inaugurates 10th edition of Defence Expo

Prime Minister Narendra Modi inaugurated 10th edition of Defence Expo (DefExpo 2018) in Chennai at Tiruvidanthal, in Kancheepuram district, Tamil Nadu. The theme of the expo was “India: The Emerging Defence Manufacturing Hub”. Under this, for the first time project ..

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India’s economy to grow 7.3% in 2018-19 and 7.6% in 2019-20: ADB Outlook

The Asian Development Outlook 2018 released by Asian Development Bank (ADB) has projected India’s economic growth to 7.3% in 2018-19 fiscal and further to 7.6% in 2019-20 fiscal. The ADB’s growth projection is in line with that of rating agency ..

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Boeing, HAL, Mahindra tie up to build F/A-18 Super Hornet fighter jet in India

Boeing India subsidiary of US aerospace manufacturer Boeing, Hindustan Aeronautics Ltd (HAL) and Mahindra Defence Systems entered into agreement to manufacture fighter aircraft F/A-18 Super Hornet in India. Three companies exchanged Memorandum of Agreement (MoA) for Make in India fighter ..

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