North News New Delhi, December 18 India’s pharmaceutical market for the fiscal year 2023-24 is valued at USD 50 billion, with domestic consumption at USD 23.5 billion and exports at USD 26.5 billion. The Indian pharmaceutical industry is the third-largest in the world by volume and ranks 14th in terms of production value. The market […]
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North News New Delhi, December 12 India is adopting a multi-pronged strategy to reduce dependence on crude oil imports, focusing on cleaner energy alternatives and renewable sources, the Ministry of Petroleum and Natural Gas told the Lok Sabha. The government’s initiatives include promoting natural gas as a fuel, expanding renewable energy adoption, increasing ethanol blending […]
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North News New Delhi, December 12 India has reached a significant economic milestone, with foreign direct investment (FDI) inflows totaling $1 trillion since April 2000, according to the Ministry of Commerce and Industry. This achievement underscores India’s growing appeal as a global investment hub, with FDI inflows for the first half of the current fiscal […]
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North NewsNew Delhi, December 12 Union Minister of Commerce and Industry Piyush Goyal emphasized India’s growing trade ties with the European Union, outlining ambitions for a balanced, ambitious, and mutually beneficial Free Trade Agreement (FTA). Following nine rounds of negotiations, both sides are seeking political guidance to finalize a deal that respects each other’s sensitivities. […]
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North News Chandigarh, December 12 Elon Musk, the world’s richest person, has become the first individual to surpass a net worth of $400 billion, fueled by gains in SpaceX and Tesla Inc., according to media reports quoting news agency. A $1.25 billion insider share sale at SpaceX increased Musk’s fortune by $50 billion, while Tesla […]
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North News New Delhi, December 10 Investments in India’s urban sector have surged 16 times, rising from ₹1.78 lakh crore during 2004-14 to ₹28.52 lakh crore since 2014, Union Housing and Urban Affairs Minister Manohar Lal said on Tuesday. Speaking at a press briefing, Manohar Lal attributed the growth to the government’s commitment to achieving […]
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North News New Delhi, December 9 Sanjay Malhotra, the current Revenue Secretary, has been appointed the new Governor of the Reserve Bank of India (RBI) for a three-year term. Malhotra, a 1990 batch Indian Administrative Service (IAS) officer, will succeed Shaktikanta Das, whose term ends on December 10. Malhotra, an engineering graduate in Computer Science […]
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North NewsChandigarh, December 7 The Punjab Energy Development Agency (PEDA) will install 2,356 solar-powered pumps to promote sustainable agriculture in the state, New and Renewable Energy Sources Minister Aman Arora announced today. The pumps will be installed within the next four months. A subsidy of 60% will be provided to general category farmers, while Scheduled […]
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North News Mumbai, December 6 The Reserve Bank of India (RBI) has kept the repo rate steady at 6.5 percent for the 11th consecutive time, Governor Shaktikanta Das announced on Friday. As the global economy faces ongoing turbulence, Reserve Bank of India (RBI) Governor Shaktikanta Das reflected on 2024’s challenges, calling it a year that […]
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North News Mumbai, December 6 The Reserve Bank of India (RBI) has kept the repo rate steady at 6.5 percent for the 11th consecutive time, Governor Shaktikanta Das announced on Friday. The decision comes as inflation surged to 6.2% in October, breaching the central bank’s tolerance threshold, and GDP growth slowed to 5.4% in the […]
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