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DEVELOPMENT OF CONTAINER TERMINAL AT TUNA-TEKRA

The Cabinet Committee on Economic Affairs chaired by Hon’ble Prime Minister Shri Narendra Modi has approved development of Container Terminal at Tuna-Tekra, Deendayal Port on Build, Operate & Transfer (BOT) basis under Public-Private-Partnership (PPP) mode. The estimated cost of Rs 4,243.64 crore will be on the part of the Concessionaire and …

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HIDDEN WATERFALL IN DEEP TELANGANA FORESTS

A group of explorers recently stumbled upon a waterfall that was hitherto unheard of, hidden in the forests of MuluguVenkatapur in Warangal district of Telangana. So far, the presence of the waterfalls has been known only to the tribal people living there, who call it Kothikuntala due to the presence …

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T.N. NOTIFIES INDIA’S FIRST SLENDER LORIS SANCTUARY

In a first in the country, the Tamil Nadu government notified the Kaduvur slender loris sanctuary, covering 11,806 hectares in Karur and Dindigul districts. Slender lorises, which are small nocturnal mammals, are arboreal as they spend most of their life on trees. The species acts as a biological predator of …

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RETAIL INFLATION ACCELERATED TO A FIVE-MONTH HIGH OF 7.41%

Retail inflation accelerated to a five-month high of 7.41% in September, from 7% in August, as food inflation surged sharply to 8.41% last month — the steepest level in 22 months. September’s retail inflation was the highest since April, when price rise quickened to an almost eight-year high of 7.79%, …

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NATIONAL MINERAL EXPLORATION TRUST (NMET)

With an objective to boost the mineral exploration activities in the country, Central Government established ‘National Mineral Exploration Trust’ (NMET) which since its inception has been funding various Notified Exploration Agencies to carry out exploration projects across the country. Accordingly, NMET has issued General Instructions dated 24th February, 2021 to NEAs …

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INDIAN STARTUPS WILL SOON LAUNCH SPACE SATELLITES

Union Minister of State (Independent Charge) Ministry of Science and Technology, MoS PMO, Space and Atomic Energy, Dr Jitendra Singh said today that Indian StartUps will soon launch Space satellites as well as satellite constellations and try their rockets. The Minister also informed that five PSLVs are being domestically produced …

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INDIA’S GEOSPATIAL ECONOMY

India’s geospatial economy is expected to cross Rs 63,000 crore by 2025 at a growth rate of 12.8% and to provide employment to more than 10 lakh people mainly through Geospatial Start-Ups. This was stated here today by Union Minister for Science and Technology and Ministry of Earth Sciences, Dr …

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DELAY IN ANNOUNCING MSP FOR ONGOING RABI SEASON

Farmers’ organisations have questioned the delay in announcing the minimum support price (MSP) for crops in the ongoing Rabi season even as sowing has started in several States. Farmers point out that announcing the MSP is important so that they can select the crops that have to be sown during …

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IMF CUTS INDIA’S GROWTH FORECAST TO 6.8%

The world, including India, will experience an overall slowdown in the next year owing to the impact of the Russia-Ukraine war, tightening monetary conditions globally, the highest inflation in decades, and lingering effects of the pandemic, according to the International Monetary Fund. India is projected to grow at 6.8% in …

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