Indian MedTech market to touch Rs. 55,040 crore by 2020: ASSOCHAM-MRSSIndia.com
May 04, 2018, at 10:05 pm
New Delhi, May 4 (IBNS): The Indian MedTech market may see twofold rise as its size in value terms is likely to reach Rs. 55,040 crore by 2020 from the current level of Rs. 26,048, growing at a compounded annual growth rate (CAGR) of 15 per cent against the expected global industry growth of 4-6 percent, according to an ASSOCHAM-MRSSIndia.com joint paper.
Trial run of first container train service between India and Bangladesh flagged off
Apr 03, 2018, at 09:52 pm
Kolkata, Apr 3 (IBNS): The trial run of the first container train service between India and Bangladesh from Kolkata to Dhaka was flagged off by V.Kalyana Rama, CMD, Container Corporation of India (CCI) and Harindra Rao, General Manager, Eastern Railways at Concor terminus near Majherhat station in Kolkata on Tuesday.
BHEL signs Technology Collaboration Agreement with HLB Power from Republic of Korea
Mar 22, 2018, at 07:15 pm
New Delhi, Mar 22 (IBNS): Bharat Heavy Electricals Limited (BHEL) has entered into a Technology Collaboration Agreement (TCA) with Republic of Korea for in-house design and manufacture of specialized components to be used in coal based power plants, the media reported on Thursday.
Cabinet approves signing of Migration and Mobility Partnership Agreement between India and France
Mar 08, 2018, at 03:53 am
New Delhi, Mar 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of Migration and Mobility Partnership Agreement between India and France.
India races ahead of China to become fastest growing economy with 7.2 percent
Mar 01, 2018, at 03:17 am
New Delhi, Feb 28 (IBNS): India has once again raced ahead of China to become the fastest growing economy in October-December quarter.
WPI index eases to 6-month low of 2.84 pct in January
Feb 16, 2018, at 12:52 am
New Delhi, Feb 15 (IBNS): In a major development, India's wholesale inflation eased for the second consecutive month, growing at 2.84 percent in January, official government data released on Thursday said.
India' retail inflation eases to 5.07 pct in January
Feb 12, 2018, at 11:52 pm
New Delhi, Feb 12 (IBNS): India’s retail inflation eased to 5.07 percent in January, official data released by the Indian government on Monday revealed.
IMF forecasts 7.4 pct growth for India in FY19
Jan 23, 2018, at 03:02 pm
New Delhi, Jan 23 (IBNS): Giving positive report, the International Monetary Fund (IMF) on Monday forecast that India will grow at 7.4% in FY19.
Land Rover introduces Model Year 2018 Range Rover Evoque Landmark Edition in India
Jan 17, 2018, at 04:02 am
Mumbai, Jan 16 (IBNS): Land Rover has introduced the Model Year 2018 Range Rover Evoque Landmark Edition in India to commemorate six 'successful' years of the SUV.
PM Modi emphases that role of business and industry is crucial to India-Israel ties
Jan 16, 2018, at 06:54 pm
New Delhi, Jan 16 (IBNS): Given the scale of the Indian economy and the relevance of cutting-edge Israeli technologies, even sky is not the limit for what both countries may achieve together, said Indian Prime Minister Narendra Modi, highlighting the India-Israel business summit.
Bengal Chamber hosts Indo-Polish Chambers delegation in Kolkata
Jan 16, 2018, at 06:06 pm
Kolkata, Jan 15 (IBNS):The Bengal Chamber of Commerce and Industry hosted a delegation by Indo-Polish Chambers of Commerce & Industries, Warsaw (IPCCI) in Kolkata.
Sri Lanka tri- services delegation visits Kochi
Jan 13, 2018, at 12:50 am
New Delhi, Jan 12 (IBNS): In order to strengthen the existing India-Sri Lanka bilateral ties, a nine-member Sri Lankan Tri- Services delegation, headed by Kapila Waidyaratne, PC, Secretary of Defence made a two-day visit to the Southern Naval Command, (SNC) Kochi from 11 Jan 18.
India's retail inflation in December moves up to 5.21 pct
Jan 13, 2018, at 12:22 am
New Delhi, Jan 12 (IBNS): India's annual retail inflation rate has moved up to touch over the five per cent mark in December, government data released on Friday said.
India's industrial output moves up by over 8 pct
Jan 13, 2018, at 12:11 am
New Delhi,Jan 12 (IBNS): India's factory output moved up by over 8 percent in Novemberfrom 1.99 per cent in October, official government data released on Friday said.
Tata Tea Jaago Re 2.0 fosters sporting culture in India
Jan 12, 2018, at 01:00 am
Kolkata, Jan 11 (IBNS): As part of its ongoing endeavour to address the issue of a lack of sports culture in our country, Tata Tea Jaago Re 2.0 has created a platform to identify India’s most promising athletes and provide them with an opportunity to hone their skills.
Indian NBFCs must adopt new tech-based biz models to attract PE funding: ASSOCHAM-PwC Study
Jan 07, 2018, at 11:37 pm
New Delhi, Jan 7 (IBNS): With banks tightening their purse strings owing to increasing bad loans, Indian non-banking financial companies (NBFCs) are growing their market share, however a recent ASSOCHAM-PwC joint study has stated that NBFCs will have to keep pace with new technologies and changing customer aspirations to attract timely PE (private equity) investments.
Union Budget 2018-19: ASSOCHAM seeks venture capital pool & lower tax rates for electronics sector
Jan 03, 2018, at 09:05 pm
New Delhi, Jan 3 (IBNS): Considering that costs pertaining to finance, energy and logistics/transportation constitute major portion of consumer electronics sector, apex industry body ASSOCHAM has recommended the union government to allow weighted deduction of 150-200 per cent of the actual cost on specified components.
India's direct selling industry may reach Rs 159.3 bln by 2021: ASSOCHAM
Jan 02, 2018, at 11:10 pm
New Delhi, Jan 2 (IBNS): The Direct Selling industry in India has almost doubled since 2011 to reach INR 126.2 billion in 2016 and is expected to grow at a compounded annual growth rate (CAGR) of about 4.8% to reach INR 159.3 billion in 2021, reveals the study undertaken by ASSOCHAM.
First consignment of SAIL-TMT rebars for Indo-Bangla Maitree project flagged off
Dec 20, 2017, at 11:12 pm
Kolkata, Dec 20 (IBNS): The Central Marketing Organisation (CMO) of Steel Authority of India Ltd (SAIL) this morning flagged off the first consignment of 1,000 tonnes of SAIL-TMT High Corrosion-Resistant (HCR) reinforcement bars for the prestigious Indo-Bangla ‘Maitree Super Thermal Power Project’ from Kolkata Port in a barge.
GE and Tata Group sign partnership to manufacture LEAP engine components in India
Dec 15, 2017, at 04:11 am
Mumbai/Cincinnati, Dec 14 (IBNS): GE and Tata group on Thursday announced the signing of an agreement on Nov 29 to manufacture CFM International LEAP engine components in India, for the global supply chain.
India's industrial output rises 2.2 pct in October
Dec 12, 2017, at 11:20 pm
New Delhi, Dec 12 (IBNS): India's Industrial Production moved up by 2.2 per cent in October, official data released on Monday said.
Insolvency and Bankruptcy Board of India notifies regulations for handling of grievances
Dec 10, 2017, at 06:32 pm
New Delhi, Dec 10 (IBNS): The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 in the Gazette of India on Dec 7.
Bank of Baroda hosts Japanese scholar Dr. Mizokami
Dec 09, 2017, at 12:00 am
Mumbai, Dec 8 (IBNS): Bank of Baroda on Friday hosted a lecture session with Japan’s notable intellect, Dr. Tomio Mizokami in Mumbai.
Germany supports India's 'Smart Cities' initiative
Dec 08, 2017, at 08:46 pm
New Delhi/Berlin, Dec 8 (IBNS): Germany and India have agreed on a close cooperation in integrated sustainable transport system in Bhubaneshwar, Coimbatore and Kochi.
Growth of eight core sector industries remains at 4.7 pct in October, says govt data
Nov 30, 2017, at 11:53 pm
New Delhi, Nov 30 (IBNS): Growth of India's eight core sector industries remained at 4.7 percent in October from a year ago, as per official data released on Thursday.
Tata Nexon embarks on Star Wars Adventure in India
Nov 24, 2017, at 02:31 am
Mumbai, Nov 23 (IBNS): Tata Motors on Thursday announced the Tata Nexon association with Disney India ahead of the theatrical release of its much awaited LucasFilm Star Wars: The Last Jedi.
Moody's raises India's sovereign credit from positive to stable
Nov 17, 2017, at 03:39 pm
New Delhi, Nov 17 (IBNS): US-based ratings agency Moody's on Thursday upgraded India's sovereign credit from positive to stable, reports said.
Cabinet approves MoU between India and Poland for the promotion of Civil Aviation Cooperation
Nov 16, 2017, at 10:06 pm
New Delhi, Nov 16 (IBNS): Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing the Memorandum of Understanding (MoU) between India and Poland for the Promotion of Civil Aviation Cooperation.
Nov 16, 2017, at 10:05 pm
New Delhi, Nov 16 (IBNS): Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of the Agreement between the Indian National Science Academy (INSA) and the National Academy of Sciences of Belarus (NASB) on Scientific and Technological Cooperation for mutual benefit in the areas of science, technology, agriculture, etc.
India’s retail market to touch US $1.1 trillion by 2020: study
Nov 15, 2017, at 09:49 pm
New Delhi, Nov 15 (IBNS): The retail market in India is likely to reach US$1.1 trillion by 2020 from the current level of US$ 680 billion, according to the just published study jointly by MRRSIndia.com and ASSOCHAM.