The S&P Global purchasing managers’ index (PMI) for manufacturing, fell to 57.7 in July from 57.8 in June, and 58.7 in May. A figure above 50 implies expansion and a reading below that denotes contraction.
Higher inflationary pressures remained a key challenge despite easing in the recent months, it said.
Cargo movement on India’s national waterways witnessed increased 16% year-on-year during the fiscal year 2022-23, Union minister for ports, shipping, and waterways, Sarbananda Sonowal.
"The traffic between Varanasi in Uttar Pradesh to Haldia (NW-1) increased from 10.93 million ton in 2021-22 to 13.17 million ton in 2022-23 recording an increase of 20.52%,".
India’s wind energy sector is witnessing a remarkable surge, with the installed capacity reaching an impressive 43,773 megawatts (MW) as of 30 June 2023.
The major wind energy producing States for the year 2022-23 were Andhra Pradesh, Gujarat, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Telangana.
The Reserve Bank of India (RBI) has imposed late submission fees (LSF) of ₹2,000 crore on ONGC Videsh Ltd (OVL), Indian Oil Corp. Ltd, GAIL (India) Ltd, and Oil India Ltd for delayed reporting of their overseas investments.
The move may impact the overseas work commitments of these four state-run energy majors, prompting efforts by them to secure an extension from RBI.
India now has the second largest 5G network in the world, on the back of the fastest 5G rollout with 300,000 sites set up in 10 months, the government said.
The world’s fastest 5G rollout continues, over 3 lakh sites installed in 714 districts.
India's largest lender State Bank of India (SBI) announced that it raised ₹10,000 crore after issuing 15-year infrastructure bonds at the coupon rate of 7.54%.
The bank said that the proceeds will be directed towards bolstering long-term resources for funding critical infrastructure projects and supporting the affordable housing segment.
IREDA and AIIMS signed a Memorandum of Understanding (MoU) to initiate the technical assessment of AIIMS, New Delhi campus for solarization.
By engaging in this partnership and implementing solar power projects at AIIMS, the institute aims to significantly reduce its electricity expenditure while concurrently minimizing its carbon footprint with the help of IREDA.
IREDA's Chairman- Pradip Kumar Das
The Central government's debt stood at Rs 155.6 lakh crore or 57.1 percent of the GDP at the end of March 2023.
It has reduced from 61.5 percent of GDP in 2020-21 to 57.1 percent of GDP in FY 2022-23
The UN's cultural agency UNESCO has said, the iconic Italian city, Venice should be added to a list of world heritage sites in danger.
UNESCO in its report said, the city is at risk of irreversible damage from overwhelming tourism, over development and rising sea levels due to climate change.
The agency aims to encourage the better preservation of the site for the future
G20 Ministerial Conference on Women’s Empowerment has begun in Gandhinagar, Gujarat.
The three-day conference will be chaired by Union Minister of Women and Child Development, Smriti Irani.
The theme of the conference is ‘Women-led Inclusive Development as Cusp of Inter-Generational Transformation.
The Uttar Pradesh Cabinet approved a policy that aims at making the state a water tourism and adventure sports destination.
The Uttar Pradesh Water Tourism and Adventure Sports Policy, 2023, will be valid for 10 years from the date notified by the state government.
NHPC Limited and Artificial Limbs Manufacturing Corporation of India (ALIMCO) have signed a Memorandum of Understanding, under which NHPC will provide CSR support for distribution of aids and assistive devices to around 1,000 Divyangjans (Persons with Disabilities) in the vicinity of NHPC Projects located in North and North Eastern states.
The MoU was signed under the CSR initiative of NHPC
Union Minister of State (Independent Charge) Science & Technology; launched India’s first indigenously developed, affordable, lightweight, ultrafast, high field (1.5 Tesla), next generation Magnetic Resonance Imaging (MRI) Scanner in New Delhi.
Under the National Biopharma Mission, Voxelgrids Innovations Pvt Ltd has MRI Scanner to solve the unmet need of the country.