Indian logistics sector granted infrastructure status

New Delhi, Nov 20 : The Indian logistics sector has been granted infrastructure status to help it access loans on easier terms as well as encourage manufacturing and job creation in the country, the government said on Monday. “This will in turn be instrumental in improving country’s GDP,” a Finance Ministry release said here. “The […]

Railway commissions new EI system of 800 routes at Kharagpur

New Delhi, Nov 20 : In a bid to increase speed and ensure punctuality of trains, Railways on Monday said that it has commissioned India’s largest state-of-the-art Electronic Interlocking (EI) system of 800 routes at Kharagpur station in West Bengal by replacing the century old Route Relay Interlocking system with 423 routes. “On Sunday, we […]

India, World Bank ink $100mn loan agreement for solar parks

New Delhi, Nov 20 : India and the World Bank on Monday signed a $100-million loan and grant agreement to help the country increase its solar power generation capacity, an official statement said. The loan for “Shared Infrastructure for Solar Parks Project” would go towards financing solar parks in the country, a Finance Ministry release […]

Iran, Qatar, Turkey keen to step up trade

Tehran, Nov 20 : The economy ministers of Iran, Qatar and Turkey will hold a meeting soon to discuss the expansion of trilateral trade, Tasnim news agency reported on Monday. The meeting between Iran’s Massoud Karbasian, Turkey’s Nihat Zeybekci and Qatar’s Ahmed bin Jassim Al Thani will be held in the near future, the report […]

DDA allots land for bus terminal in Delhi

New Delhi, Nov 20 : The Delhi Development Authority (DDA) on Monday handed over 12 acres of land to the Transport Department for building a bus terminal. Transport Minister Kailash Gahlot said that the government hoped that “DDA will hand over more land parcels immediately” so that government can get more buses and augment public […]

Aircraft built on Mumbai building terrace, ready to soar

Mumbai, Nov 20 : In an unparalleled achievement, a commercial pilot who made a full-fledged aircraft on the terrace of his residence has been awarded a registration by the Directorate General of Civil Aviation, a top official said here on Monday. Chief Minister Devendra Fadnavis formally handed over the DGCA certificate to Capt. Amol Yadav, […]