GS-III

‘Worst may be over for rupee against dollar’

The rupee has suffered significant losses this year but the worst seems to be over and the domestic currency is expected to be in the range of 67-68 against the U.S. dollar by December, according to an economist with HDFC Bank. The rupee ended below the 70-mark against the U.S. …

Read More »

TransportHub to foray into West Asia, Africa

TransportHub (TH), an online platform that provides technology ecosystem and a whole gamut of IoT and analytics solutions to transport and logistics businesses, has chalked out plans to foray into West Asia and Africa. “We have initiated talks with entities in Dubai and South Africa to expand our footprint in …

Read More »

‘Set up high-value textile-making units’

The textile industry can tap opportunities emerging globally in high-value manufacturing by converting fibre into fibre assemblies, according to Prasad Potluri, professor of robotics and textile composites and director of research at Northwest Composites Centre, University of Manchester. Mr. Potluri, who were here recently, told The Hindu that high-value manufacturing …

Read More »

PSU banks plan closure of 70 overseas offices in FY18

Public sector banks are in the process of closing or rationalising about 70 overseas operations as part of capital conservation exercise. Unviable foreign operations are being shut while multiple branches in same cities or nearby places are being rationalised with a view to achieving efficiency, sources said. As part of …

Read More »

‘Tech giants must reinvest in infra, jobs’

Global technology giants should reinvest part of their profits for development of infrastructure and job creation in revenue generating countries such as India, Union Minister of Electronics and IT Ravi Shankar Prasad said. Speaking at the G20 Digital Economy Ministerial meeting in Argentina, the Minister said the largest and most …

Read More »

New copters to enable tech transfer

The Defence Ministry is shortly expected to release project-specific implementation guidelines for the 111 naval utility helicopters to be procured under the Strategic Partnership (SP) model. However, foreign companies say there is still some clarity required on crucial legal, liability and technology transfer issues. “There are two important issues that …

Read More »

India Inc. reaches out to help Kerala

Corporate India has been making large contributions to the Kerala Chief Minister’s Distress Relief Fund (CMDRF), and finding other ways to help too. The biggest donor so far is the Adani Foundation, with Rs. 25 crore for immediate relief, and another Rs. 25 crore committed for rehabilitation and resettlement. AF …

Read More »

‘No warning system’

Amid several analyses of Kerala’s devastating floods earlier this month pointing to lack of preparedness escalating the impact of the extreme weather event, Secretary, Ministry of Earth Sciences (MoES) Madhavan Rajeevan said a ‘red alert’ issued by the IMD for several districts of Kerala two days ahead of the August …

Read More »

BIS to set up panel for services sector

The Bureau of Indian Standards (BIS) standards is set to formulate a framework for quality services that should be provided to consumers and also talk about the benchmarks to deal with consumer complaints or after sales service in an effort to ensure quality in the services sector. At a meeting …

Read More »
Get Free Updates to Crack the Exam!
Subscribe to our Newsletter for free daily updates