The port city of Paradip is to be develop as World Class Smart Industrial Port City. Joint Secretary (Ports) Pravir Kishn informed that the Ministry of Shipping is planning to develop Paradip as a world class, globally competitive, smart industrial Port City. The rationale behind developing Paradip as a smart city is that Paradip already […]
Category: Business
Pradhan Mantri Ujjwala Yojana for all North-East States
Pradhan Mantri Ujjwala Yojana has been extended to the Indian citizens of all Hilly States including North-Eastern states and they will be treated as ‘Priority States.’ Ministry of Petroleum and Natural Gas has decided to extend the benefits under Pradhan Mantri Ujjwala Yojana and release the LPG connections to the eligible beneficiaries swiftly. This step […]
India: Permanent Residency Status to rich foreign investors
The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors subject to the relevant conditions as specified in the FDI Policy notified by the Government from time to time. This scheme is expected to encourage foreign investment in India and facilitate […]
India jumps 19 places in World Bank’s Logistics Performance Index
It is good news for India! The World Bank has recently released a Logistics Performance Index (LPI) 2016 report titled “Connecting to Complete 2016”. The Logistics Performance Index Report is published by World Bank every two years. India has now been ranked 35 amongst 160 countries compared to rank of 54 in LPI 2014. This […]
Myntra threatens legal action against website for using its name in a cartoon
An angry Myntra has lashed out against the claim that it did a poorly conceived and a cheap cartoon on Lord Krishna and has threatened legal action against a website named ScrollDroll for using its name in its piece that has hurt the sentiments of Hindu community. The website in question has apologized publicly […]
Would You Replace Your Smartphone In The Next 6 Months? 44% Would.
Research group Strategy Analytics released a report on the Indian smartphone market titled India Android Smartphone Replacement Dynamics which said that over 40 percent of the users are likely to switch their Android handsets in the next 6 months. The report by author David Kerr reveals that the $16 billion Indian smartphone market has over 800 […]
Malabar Gold and Diamonds: Indian citizen arrested for circulating forged images
The saga that began with the Pakistan Independence Day quiz seems to have come to an end. While fake pics were circulating on the internet, Malabar Gold and Diamonds lodged a complaint against the organized campaign and today the Dubai police arrested an Indian man who is said to be behind this entire ordeal. In a statement […]
Tax evasion soon to become even more difficult!
Tax evasion is a major issue in India and a challenge for the Indian government. Today, India took another major step in the fight against tax evasion, “round tripping” and “base erosion/profit shifting”. The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing of an Agreement and the Protocol […]
India Is A Perfect Country For Hyperloop Technology
If the COO of Hyperloop Transportation Technologies Bibop Gresta is to be believed, then India is the perfect country for the revolutionary transportation concept Hyperloop. Bibop Gresta in an interview with The Huffington Post said that with a high population, the technology is a perfect fit for the country. India is a very interesting country. It has a great railway […]
Malabar Gold and Diamonds still in trouble!
KshethraBhumi SamrakshanaVedhi Bharat also known as KBSV Bharat, an organization based in Kerala has filed a criminal complaint against the top Indian jewellery brand Malabar Gold and Diamonds. A criminal complaint was filed with the Police Commissioner Kozhikode against Malabar Gold and Diamonds for ‘sedition and anti-national acts.’ Here is what it tweeted: Malabar Gold […]