Former RBI Deputy Governor Subir Gokarn has been appointed as an Executive Director on the board of the International Monetary Fund (IMF).
Tag: Narendra Modi
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ONGC targets $10-$12 bn foreign oil and gas investments
The foreign investment arm of India´s top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing director said.
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Lava to set up Rs.500 cr manufacturing facility in AP
In line with ´Make in India´ initiative, domestic handset vendor Lava will invest Rs.500 crore to set up a manufacturing plant in Tirupati. Prime Minister Narendra Modi laid the foundation stone for a dedicated mobile handset
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International Railway Equipment Exhibition | Equipped for the future
IREE 2015 provided a glittering centre-stage for all rail-technology related organisations and individuals to display their strengths, advancements and future plans
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Powering the change
The government is finally taking note. While it is too early to say that a solution to the woes of distribution companies (DISCOMs) is just around the corner, the wheels are in motion.
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Agreement between India and Egypt on Maritime Transport
The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing of an agreement between India and Egypt on maritime transport.
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Visakhapatnam Port to be most energy-efficient
Visakhapatnam Port Trust (VPT), one of the fastest growing major ports in the country, would be the most energy- efficient port in the country. The VPT management is planning to complete LED lighting of the port area before the proposed visit of Prime Minister Narendra Modi to Visakhapatnam Port in the month of February.
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Rs.3.1 lakh cr worth Defence deals cleared; zero movement on ground
In the 17 months that the NDA government has been in power, the Defence Acquisition Committee (DAC) that vets all big-ticket deals has cleared projects worth a whopping Rs.3.1 lakh crore ($47 billion), but none of these are anywhere near closure.
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Is India´s steel industry ready to take the torch from China?
As Prime Minister Narendra Modi pushes for improvements in India´s infrastructure and housing, the nation´s steel consumption is set to accelerate. China´s demand for steel, meanwhile, is retreating from the double-digit growth rates of the past 10 years as Beijing tries to shift the economy to focus on domestic consumption rather than exports.
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From thought to action
If the change in governance at the Centre last year brought reason to cheer, the first year of the NDA government´s rule also showed that intent alone was never going to be enough.