India reprimands Pakistan to vacate illegal occupation of PoK

India reprimands Pakistan to vacate illegal occupation of PoK

New Delhi (Press) : Indian External Affairs Ministry reprimanded Pakistan to leave PoK and fulfill its responsibilities and obligations. India has adopted an aggressive posture against Pakistan who has protested by declaring a ‘Black Day’, falsely accusing the Indian Army for its atrocities and then further escalating the issue to UN for human rights violations. Pakistani Prime […]

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No Helmet No Fuel: Maharashtra Transport Minister

No Helmet No Fuel: Maharashtra Transport Minister

Mumbai –  Since it is mandatory to wear helmet while riding motorcycle, Maharashtra government has decided that two- wheeler riders without helmets will be denied fuel in the city petrol pumps. Earlier, Telangana government had implemented the No Helmet No Fuel rule. Most riders who die of head injuries are found riding without helmet. Hence, […]

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Indian textile exports in FY 2016-17 may grow upto US $40 bn: ICRA

Indian textile exports in FY 2016-17 may grow upto US $40 bn: ICRA

Mumbai: On the background of the declaration made by the Indian Government in the last month regarding the new policy for the textile industry, ICRA Ltd. has estimated that textile exports would increase by 6% in the financial year 2016-17 reaching US $40 billion. The increasing demand for the cloth and the price hike of the thread will lead to increase in exports, estimates the credit rating agency. Even after the financial volatility at the global level there will be a rise in exports of the country, expects ICRA. The decreasing cost of cotton and fibre has lead to decrease in the growth of textile sector. It is estimated that there will be a decrease in the exports of raw cotton in the year 2016-17. However, there is an expected rise in the textile exports at the same time. In order to face the increasing competition in the textile exports, the co-operation extended by the government would lead in the increase of textile exports, said Anil Gupta, Vice Chairman of the corporate sector rating, ICRA. He further said that along with the textile exports there would be an increase in the export of the cloth used for household decorations. He expects that the price hike of fibre in the current year as compared to that of the previous year will prove beneficial to this sector.  In the current financial year, there has been a fall in the textile exports by 6% in the first two months bringing the exports at $5.7 billion. But, the scenario would change in the coming few months as estimated by the experts.   There has not been much difference in the past three years in the overall textile exports of India. In the year 2014-15 the exports were $41.4 billion, whereas in the year 2013-14 the figure was $39.31 billion. However it is believed that the co-operation from the government will help in increase of exports.

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Indigenously developed artillery guns ‘Dhanush’ handed over to Indian Army

Indigenously developed artillery guns ‘Dhanush’ handed over to Indian Army

Bhopal (PTI) : Completely indigenously developed 155 mm ‘Dhanush‘ artillery guns made by Jabalpur based ‘Gun Carriage Factory’ (GCE) have been handed over to Indian Army. These artillery guns are capable of striking the target at a range of 38 km. Border security trails will be boosted due to these guns. These 155 mm guns ‘Dhanush’ are of […]

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Kashmir is no longer an issue between India & Pakistan – PMO Minister Jitendra Singh

Kashmir is no longer an issue between India & Pakistan – PMO Minister Jitendra Singh

New Delhi / Islamabad – Pakistan is going to observe ‘Black Day’ over the so called persecution by the Indian Security forces at Jammu Kashmir on 19th July instead of 20th July. The Pakistani Government has not disclosed the reasons behind postponing the ‘Black Day’. While Pakistan is struggling to represent the Kashmir Issue on […]

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Union Road & Transport Minister Nitin Gadkari invites Tesla Motors to set up Manufacturing unit in India

Union Road & Transport Minister Nitin Gadkari invites Tesla Motors to set up Manufacturing unit in India

New Delhi (PTI) : India has invited “Tesla Motors”, a prominent American company in the field of manufacturing electric car, to establish its production unit. It is also articulated that the company may consider India as its main center for Asian continent. While on his United States visit, Central Minister, Mr. Nitin Gadkari visited Tesla Company’s […]

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India launches ‘Operation Sankat Mochan’ in South Sudan

India launches ‘Operation Sankat Mochan’ in South Sudan

New Delhi : The Indian Government has launched ‘Operation Sankat Mochan’ for the evacuation of more than 600 Indians stranded in the flaring civil war in South Sudan. On Thursday morning, two aircrafts of the air force left for South Sudan for the ‘airlift’ of Indians. The Minister of State for External Affairs, V. K. Singh, […]

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US company eager to supply India with armed drones useful in coastal security

US company eager to supply India with armed drones useful in coastal security

New Delhi/Washington : A leading US corporate manufacturing unmanned armed aircrafts (drones) is in the process of setting up its office in Delhi. India is planning to buy unmanned aircrafts (drones). Against this background the company has expressed confidence that opening an office in the Indian capital will accelerate the process of supplying drones to India. […]

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HAL and SAFRAN to jointly build MRO centre in India

HAL and SAFRAN to jointly build MRO centre in India

Bangalore, Dt. 12 (PTI) – While responding to the ‘Make In India’ policy, the helicopter manufacturing company ‘SAFRAN’ of France has taken a decision of establishing a Maintenance, Repair and Overhaul Centre (MRO) in India. ‘SAFRAN’ has shown its preparedness for establishing the centre in India with the help of the Indian Company ‘Hindustan Aeronautics Limited’. […]

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