India overtaken Germany to become the fourth largest automobile market in the world, According to the latest global data. Automobile sales, including passenger and commercial vehicles, in Asia’s third-largest economy, grew 9.5%. It is the fastest among major global markets, last year to more than 4 million units, outpacing Germany’s 3.8-million vehicle sales, which rose by a modest 2.8% in the same period. The top 5 countries on the list are- 1. China 2. USA 3. Japan 4. India 5....Read More
Day: March 27, 2018
Eighty-six years after the city got electricity, overhead power cables in world’s oldest city ‘Varanasi ‘ is being dismantled after a project to lay underground lines over 16 sq-km has been finally completed. Laying cables for 50,000 consumers through the serpentine lanes and congested markets in one of the world’s oldest cities was quite a challenge for Powergrid, the company conducting the integrated power development scheme (IPDS)...Read More
The Airport Authority of India (AAI) signed an MoU with Assam government under its Corporate Social Responsibilities (CSR) initiative for the sustainable development of human settlements at villages in Kamrup district. AAI would provide financial assistance under its CSR initiative of 4.58 crore Rupees for the Kamrup district as per the estimates prepared by the UNDP to improve the resilience of communities around Guwahati...Read More
Indira Gandhi Memorial Tulip Garden was opened for visitors in Srinagar, Jammu & Kashmir. It is recognized as the Asia’s largest tulip garden. This year, 12.5 lakh tulip bulbs of 48 varieties were sown in the garden by the floriculture department. Apart from the tulips, 40,000 hyacinth bulbs have also been...Read More
The Ministry of Finance has approved a proposal to provide government guarantee of Rs5,000 crore in the current financial year for Indian Railway Finance Corporation (IRFC) bonds to be subscribed by Life Insurance Corporation (LIC). The guarantee fee for the amount has also been waived by the Ministry. The decision will ease the flow of borrowed funds for Ministry of Railways to undertake...Read More
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