MSME Sector Needs Out-Of-The-Box Thinking, Says Gadkari About Bharat Craft Platform

Bharat Craft is the government’s ecommerce platform modelled around the e-marketplace Nitin Gadkari earlier said the portal can bring about INR 10 Lakh Cr. turnover to MSME sector Amazon and Flipkart has also launched dedicated portals to sell Indian handicrafts India’s minister of micro, small and medium enterprises (MSMEs), Nitin Gadkari reportedly said that achieving … Read more

24×7 Neft transfer from Dec ember to boost digital play

New Delhi: Taking a series of steps to boost the adoption of digital payments, RBI on Wednesday said the National Electronic Funds Transfer (NEFT) facility will be available 24×7, the scope of utility bill payments will be expanded, and more players will be encouraged in the retail payment space. Beginning December, online payments through NEFT will be available … Read more

Nirmala Sitharaman to meet stakeholders for actions proposed by U.K. Sinha Committee to boost MSMEs

Finance Minister Nirmala Sitharaman will meet with the concerned stakeholders within the next week to finalise decisions to be taken and timelines for action required with respect to the Expert Committee on MSMEs Finance Minister Nirmala Sitharaman will meet with the concerned stakeholders within the next week to finalise decisions to be taken and timelines … Read more

Govt softens stance on time frame for transition to electric vehicles

The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively The government seems to have softened its stance on the time frame for transition to electric vehicles (EVs). The Ministry of Heavy Industries, the Ministry of Road Transport … Read more

India readies plan for $4 billion Tesla-scale battery storage plants

India will need 6 gigawatt-scale plants of 10GWh each by 2025 and 12 by 2030 Apart from EVs, such battery storages will cater to the consumer electronics industry and electricity grids, given the intermittent nature of electricity from clean energy sources New Delhi: India is putting the final shape on a plan to build at … Read more

Postal dept decides to convert India Post Payments Bank to a SFB

India Post will partner with Common Service Centre to provide a suite of citizen centric services such as banking, remittance, insurance, DBT, bill and tax payments etc at post offices The postal department said it has decided to convert the India Post Payments Bank into a small finance bank, enabling it to offer small loans … Read more

All parameters of Chandrayaan-2 for landing rover in lunar south pole normal: ISRO

In a giant leap for the country’s ambitious low-cost space programme, ISRO’s most powerful three-stage rocket GSLV-MkIII-M1 had launched the spacecraft into the Earth’s orbit on July 22 from the spaceport in Andhra Pradesh’s Sriharikota. Spacecraft parameters of India’s second moon mission Chandrayaan-2 aimed at landing a rover on the unchartered Lunar South Pole are … Read more

Cisco partners Google to roll out free WiFi zones in India

These locations include public spaces like bus stops, hospitals and government offices among others. Post that, it will be extended to 300 more locations in Bengaluru, and more cities in the country as well. US networking giant Cisco on Monday said it is collaborating with Google for its ‘gStation’ offering that provides access to free … Read more

Empowering India’s hardware startups: Qualcomm signs a technical bilateral cooperation agreement with MeitY

As Prime Minister Narendra Modi’s vision to transform India into a digitally empowered society continues to unfold, Qualcomm is glad to support the country’s technology ecosystem. In keeping with its aim to align with Digital India’s objectives, Qualcomm India, on Thursday, announced that it has signed a technical bilateral cooperation agreement with the Ministry of … Read more

Raksha Mantri approves participation of private sector industries apart from OFBs and DPSUs for RM’s Awards for exellence

In a major boost to the ‘Make in India’ initiative in Defence and Aerospace sector, Raksha Mantri Shri Rajnath Singh accords approval to allow Private Sector industry compete with Ordnance Factories and Defence Public Sector Units (DPSUs) for the prestigious Raksha Mantri’s Awards for Excellence. This is a significant departure from the past wherein only … Read more