-:Acknowledgement:- Business Standard The Economic Times The Financial Express www.thehindubusinessline.com www.moneycontrol.com www.profit.ndtv.com www.anirudhsethireport.com ….. and many more
The make in India week secured Rs. 15.2 lac crore investments in India. The host state accounted for Rs. 8 lac crore. 30% commitment comes from foreign delegates. After SBI and United Bank of India, PNB has declared Vijay Mallya as willful defaulter.
Ministry of aviation plans to scrap 5/20 rule, which will bring India in sync with US, Canada, Australia, UAE. Ringing Bells closed the booking of its “Freedom 251” phones, in 1st phase. company received more than 5 crore registrations in 2 days of announcement.
GOI is to roll out national social security card, benefiting unorganized sector workers leveraging Aadhar and Jan-Dhan Accounts. Government is considering a proposal to increase FDI to 49% in insurance sector via automatic route.
GOI has declared that installed solar power capacity has touched 5,000 MW in January. BHEL is poised to seal a contract to build $1.6 billion for 1,320 MW power plant, in Bangladesh. 70% of the funding will be done by Exim Bank at a soft interest rate of around 1 percent above Libor.
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