The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4 per cent. At the same time, the marginal standing facility and bank rate also remained unchanged at 4.25 per cent, while the reverse repo rate too remained unchanged at 3.35 per cent.

In a significant development, nearly 200 reputed engineering colleges located across the country have opted for the scheme to adopt stretches of National Highways.

In the months to come, India can undoubtedly pick a few lessons from China and with appropriate improvisations lead the way to making policy changes that bring in a radical change in the ease of doing business as well as supplying its domestic needs and international demands. By DR. POORNIMA ADVANI

Union Finance Minister Nirmala Sitharaman has announced 12 key measures as part of the Central Government’s stimulus to the economy under Aatmanirbhar Bharat 3.0.

Under the Aatmanirbhar Bharat Abhiyan’s ‘Operation Greens: TOP to TOTAL Scheme’, 50 per cent transportation subsidy is now made available for air transportation for 41 notified fruits and vegetables from Northeastern and Himalayan states to any place in India, a release from the Ministry of Food Processing Industry (MOFPI) has said.

Union Minister of Petroleum and Natural Gas & Steel, Dharmendra Pradhan has called upon the various stakeholders in the liquified natural gas (LNG) sector to mount a campaign to make both the public and end-users aware of the benefits of the fuel.

Kirloskar Brothers Ltd (KBL) has launched a new range of energy-efficient, low-maintenance self-priming (SP) coupled pump-sets designed for effluent treatment plants and dewatering applications.

Mumbai headquartered tyre manufacturer, Balakrishna Tyre Industries (BKT) has built its biggest tyre to fit out rigid dump trucks.

NTPC Ltd has started collaborating with cement manufacturers around the country to supply fly ash. The move is part of India’s largest power producer’s endeavour to achieve 100 per cent utilisation of the by-product produced during power generation.