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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102140) | |
23241. Bengaluru techie leaves his job to revive dying lakes
- Bengaluru is known as the City of Lakes as the capital of Karnataka had close to a thousand lakes Sadly despite once being a resourceful city Bengaluru is one of the 11 cities globally to run out of groundwater levels by 2020 according to a 2017 NITI Aayog report
- Bengaluru is known as the City of Lakes as the capital of Karnataka had close to a thousand lakes Sadly despite once being a resourceful city Bengaluru is one of the 11 cities globally to run out of groundwater levels by 2020 according to a 2017 NITI Aayog report
- dying lakes
23242. More firepower for soldiers! Indian Army to get lethal Assault Rifles – Know more
- Early December 2021, on the occasion of the visit of Russian President Putin to India and the inaugural India – Russia 2+2 dialogue, India and Russia signed a deal for manufacturing AK-203 Assault rifles in India
- Under this deal, valued at over Rs 5000 Crores, the newly established “Indo-Russia Rifles Private Ltd”, a joint venture between the OFB- Rosoboronexport and Kalashnikov, will manufacture over 6 lakh AK- 203 Assault rifles over the next 10 years, with the transfer of technology to India.
- These rifles will be produced at a newly set up factory at Korwa, in Amethi District of UP.
23243. Grape export from Nashik to European nations drops by 33%
- The district has exported 56,921 tonne of grapes till March 10 in the current grape season, against 85,128 tonne exported during the corresponding period last year. According to Manik Patil, director of Grape Exporters’ Association of India (GEAI), the harvest was delayed by 15-21 days this season as the pruning of the vineyards got delayed.
- Usually, the grape harvest gains momentum from January every year. The grape growers delayed pruning the vineyards by 15-20 days as they expected there may be unseasonal rain in January, like the previous year,” said Patil.
- However, Patil said, the grape export was gaining momentum. “In the last one week, around 12,500 tonnes of grape have been exported to European countries, which is the highest weekly export in this month in the last 10 years.
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23244. Traditional medicine exports to get a global boost as WHO’s GCTM gets India address
- India’s ancient Ayurvedic and traditional medicine exports set to get a global boost as the WHO plans to set up a Global Centre for Traditional Medicine in the country following a spurt in exports of such products in recent past reflecting its growing popularity in many countries.
- MoS for AYUSH Kiren Rijiju said so far over 50 AYUSH products have been registered in eight countries namely Kenya, US, Russia, Latvia, Canada, Oman, Tajikistan and Sri Lanka.
- The AYUSH ministry has said the GCTM will strengthen the evidence-based research, training in the field of traditional medicines and will support generating global awareness and recognition of ancient Ayurveda and other traditional systems of medicine within the country and across the globe.
23245. Tripura begins rubber export to Nepal
- The trade of natural rubber between Tripura and Nepal was launched yesterday here with the movement of first consignment of rubber to Eastern Nepal. According to officials, usually, Nepal imports raw rubber from Vietnam and Malaysia but Rubber Board of India (RBI) owned marketing company Manimalayar Rubbers Pvt Ltd in collaboration with a Nepali company based in Biratnagar of bordering Bihar has imported 18 MT rubbers in the maiden consignment from Tripura.
- Tripura produces the best quality latex after Kerala over the past two decades because of it’s climate and RBI has been promoting rubber cultivation on a large scale that boosts the rural economy of the state.
- “This is the first time, Nepal has shown interest in importing rubber from Tripura, which can be proved a game-changer for the rubber sector”, said Joint Rubber Production Commissioner of RBI, Girijamony K A adding that within a week the consignment would be delivered and if they satisfied with the product, the supply would be continued.
- According to a report, Nepali companies have imported rubber for utilization in manufacturing footwear. At present Tripura has been supplying raw rubber to the manufacturing industries of Punjab and Maharashtra besides, catering to small manufacturers in the industrial estates of Tripura.
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23246. India's merchandise exports expected to grow at 4.9 per cent in Q4: Report
- Accordingly, the report cited that total merchandise exports can amount to $78.6 billion, growing at 4.9 per cent. Similarly, the non-oil exports are expected to grow. They might reach $73.9 billion, growing at 12 per cent during the fourth quarter of 2020-21. However, aggregate exports for 2020-21 are forecast to amount to $279.4 billion, witnessing a contraction of 10.8 per cent over 2019-20.
- Besides, non-oil exports are forecast to amount to $256.8 billion, witnessing a contraction of 5.6 per cent over 2019-20. "The fall in India's exports of petroleum products could be attributed largely to the global slump in demand and especially in the transportation and logistics sectors," the bank said in a statement.
- "Considering the global contraction in trade due to pandemic, non-oil exports from India has been resilient. Despite serious disruptions and logistical constraints exports from India have remained upbeat." The forecast is based on India Exim Bank's Export Leading Index (ELI) model, which has shown an upward movement during the same quarter.
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23247. Arms imports by India falls: Sipri
- India's import of arms decreased by 33% between 2011–15 and 2016–20 and Russia was the most affected supplier, according to a report released on Monday by Stockholm-based defence think-tank SIPRI(Stockholm International Peace Research Institute) .
- The drop in Indian arms imports seems to have been mainly due to its complex procurement processes, combined with an attempt to reduce its dependence on Russian arms. India is planning large-scale arms imports in the coming years from several suppliers, the SIPRI report said
- The government has been majorly focusing on boosting domestic defence production and set a target of ₹1.75 lakh crore (USD 25 billion) turnover in defence manufacturing by 2025.
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23248. Buy weapons from us, India says as it pushes exports to compete with China in neighbourhood
- New Delhi has set out to join the bandwagon – of countries that seek to expand their reach and influence by offering arms and military equipment on sale to smaller nations that depend on imports to meet their needs. India is increasingly reaching out to countries in the neighbourhood, the Indian Ocean Region (IOR) and ASEAN that mostly depend on China for defence procurements, and is positioning itself as a more “reliable security partner” under the overarching Indo-Pacific strategic initiative
- As part of its intention to emerge as the preferred military partner for IOR and Africa, India has come out with a list of 152 defence items that are available to friendly nations. This includes the Tejas fighter aircraft, Dhruv and Rudra choppers, besides the Light Combat Helicopter, the BrahMos supersonic cruise missiles, and the Akash air defence systems.
- India is currently engaged in developing a military base on the Agalega Island in Mauritius and a naval base at Seychelles’ Assumption Island, to boost its maritime presence. The Philippines could eventually emerge as the first export destination for the BrahMos cruise missiles. While India has increased the range and is working on enhancing it further, the export variant will have a 290-km range.
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23249. Indian sugar mills rush to sign export contracts as prices rally
- Indian mills have contracted to export 4.3 million tonnes of sugar so far in the 2020/21 season ending on Sept. 30, a trade body said on Wednesday, as a rally in global prices to a four-year high and an export subsidy makes overseas sales lucrative. Indian mills have produced 25.87 million tonnes of sugar in the current marketing year, nearly 20% more than a year ago as output jumped in Maharashtra and Karnataka, the ISMA said
- The exports will help India reduce stockpiles and support local prices of the sweetener, crucial in ensuring millions of cane farmers get government-mandated prices. Around 4.3 million tonnes of export contracts have already been signed," the Indian Sugar Mills Association (ISMA) said in a statement. Out of the total contracts, nearly 2.2 million tonnes of sugar has already been shipped, the ISMA said.
- The South Asian country has approved a subsidy of ₹5,833 ($80.38) a tonne for exports of 6 million tonnes in the current year. India has been selling sugar mainly to Indonesia, Dubai, Afghanistan, Sri Lanka and African countries, said a Mumbai-based dealer with a global trading firm.
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23250. Bharat Dynamics aims to export Akash missile systems; says in talks for FDI
- We are looking to export Akash missile systems in many countries, said Siddharth Mishra, CMD of Bharat Dynamics, on Wednesday. Mishra also said that the company is working on the 'Akash' systems over the last six months “In next two-years, I am expecting around Rs 15,000 crore of order because of our projects that are 'Akash' third and fourth regiment. We are working on this for the last 6 months and which is in the final stages. Also, we are sincerely working on export orders.
- He also said that the company is working with 2-3 companies for foreign direct investment (FDI).
- “We are working with 2-3 companies for FDI in different sectors. In fact, we have already signed a memorandum of understanding (MoU) with 2 companies during Aero India,” he said
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