News on AIR

July 16, 2023 1:53 PM

India, UAE sign MoU on linking of India's Unified Payments Interface with Instant Payment Platform of UAE; PM Modi says it will enhance economic collaboration

India and the UAE has signed three MoUs in banking and education sectors. The MoUs in the banking sector pertain to the use of local currencies for cross-border transactions and cooperation for interlinking their payment and messaging systems. Under the MOU in the education sector,the Indian Institute of Technology Delhi will set up an IIT campus in Abu Dhabi. The MoU signed by the Governor of the Reserve Bank of India, Shaktikanta Das and the Governor of the Central Bank of UAE, Kha...

July 11, 2023 2:20 PM

National Fish Farmers 2nd Day Meet: Union Minister Dr L Murugan says Govt has set a target of reaching one lakh crore exports

Union Minister for Fisheries Parshottam Rupala has said that the Government is taking efforts to make it a prime sector in the Country. In his concluding remarks, the Minister told that there was a need to regularise and develop fish farming be it coastal or non coastal areas for the sake of developing economy. He said that the farmer meet has given the opportunity to share expertise within the states. The Minister told that a three Member committee consisting of the fishing ministers of A...

July 10, 2023 5:29 PM

India is poised to become world’s second-largest economy by 2075 crossing U.S: Goldman Sachs

Investment Bank Goldman Sachs has said that India is poised to become the world’s second-largest economy by 2075 crossing Japan, Germany, and the U.S. With a population of 1.4 billion people, India’s GDP is estimated to expand remarkably, reaching 52.5 trillion dollars surpassing the US GDP projection. In a recent report, Goldman Sachs said, on top of a burgeoning population, driving the forecast is India’s progress in innovation and technology, higher capital investment, and rising ...