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The Appointments Committee of the Cabinet has approved the appointment of Krishnamurthy Subramanian as the new Chief Economic Adviser for a period of three years.
He is now an associate professor at the Indian School of Business, Hyderabad.
Export-Import Bank of India (Exim Bank) has extended a credit facility of USD 500 million (about Rs 3,542 crore) to Tanzania for water supply projects in the African country.
Under this agreement, of the total credit by Exim Bank, goods and services of value of at least 75% of the contract price shall be supplied by the seller from India.
Armed Forces Flag Day is observed on 7th December. It has been observed annually in India on December 7 since 1949.
The Armed Forces Flag Day or the Flag Day of India is a day dedicated to India towards collection of funds from people of India for the welfare of the Indian Armed Forces personnel.
Kolkata-Patna is India’s new IWT origin-destination pair for containerised cargo movement on the National Waterway-1.
The Ministry of Shipping is developing NW-1 (River Ganga) under Jal Marg Vikas Project (JMVP) from Haldia to Varanasi (1390 Km) with the technical and financial assistance of the World Bank at an estimated cost of Rs 5369 crore. The project would enable commercial navigation of vessels with capacity of 1500-2,000 DWT.
The Maharashtra government launched an ambitious project – State of Maharashtra Agribusiness and Rural Transformation (SMART) – in 10,000 villages with an objective to achieve sustainable farming within the next three years.
The project, which is being undertaken on a mammoth scale, will cover almost one-fourth of Maharashtra. The state has 40,913 villages.
The Reserve Bank will introduce an 'ombudsman scheme' to provide a cost-free mechanism to redress grievances of customers related to digital transactions.
With the digital mode for financial transactions gaining traction in the country, there is an emerging need for a dedicated, cost-free and expeditious grievance redressal mechanism for strengthening consumer confidence in this channel.
The 80th Session of the Policy Commission of the World Customs Organization (WCO) meeting organized by the WCO and hosted by the Central Board of Indirect Taxes and Customs (CBIC), India in Mumbai during December 3 - 5, 2018.
The Indian delegation headed by Chairman, CBIC, Shri S. Ramesh, along with Member (Customs), Shri P K Das and their team of senior officers.
Luxembourg has decided to provide free public transport to commuters. The move is scheduled to come as a major relief to Luxembourgers during next summer, shall witness fares lifted on trains, trams and buses.
Luxembourg has increasingly manifested a progressive attitude when it comes to transportation. This summer, the government introduced free transport for every child and young person under the age of 20.
NITI Aayog organises ‘AI 4 All Global Hackathon’ to source sustainable, innovative and technologically-enabled solutions to address various challenges in the development space.
The objective of this hackathon is to promote awareness and subsequently develop solutions that deliver the twin benefit of efficient computing to address the infrastructure challenges, while also not compromising on privacy of data for training AI algorithms.
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