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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (101982) | |
23361. Indigenously developed next-gen Armoured Engineer Reconnaissance Vehicle inducted in Army's Corps of Engineers
- The first set of indigenously developed next-generation Armoured Engineer Reconnaissance Vehicle was inducted into the Corps of Engineers of Indian Army 21 dec 2021. Army Chief General Manoj Mukund Naravane flagged off and inducted the Reconnaissance Vehicles and other equipment in a solemn function at Bombay Engineering Group in Pune.
- Addressing the event General Naravane said, AERVs induction will boost the Indian Army operations, particularly on the western front. Army Chief said that this is a crucial step concerning the 'Aatmanirbhar Bharat' in manufacturing defence equipment.
- The AERV has been designed by Defence Research and Development Organisation (DRDO) and manufactured by Ordnance Factory Medak & Bharat Electronics Limited, Pune. The vehicle is capable of carrying out reconnaissance of water obstacles and boggy patches for execution of engineer tasks with capabilities to carry out reconnaissance and provide real-time to force commanders.
23362. 1535 patents filed by IITs in last three years
- The Government today said 1535 patents have been filed by the IITs in the last three years. Out of these, 69 patents have been converted into products and processes, which have benefited the country.
- In a written reply in Rajya Sabha, Education Minister Dharmendra Pradhan said the total commercial value of these patents which have become commercially viable is over 13 hundred 21 lakh rupees.
- He said these institutes have been front runners in the field of research and innovation that have benefitted industry and the society.
23363. FPIs pumped in ₹60,094 cr in December into Indian markets so far
- According to the depositories data, FPIs invested a net ₹56,643 crore into equities and ₹3,451 crore into debt instruments between December 1-24. The total net investment during the period under review stood at ₹60,094 crore.
- The US dollar replaced technology stocks known as FAANGs in the US - Facebook, Apple, Amazon, Netflix and Google - and China’s BATs - Baidu, Alibaba and Tencent - as the most crowded trade for the first time since January, BAML survey found.
- Foreign portfolio investors (FPI) have pumped in a net ₹60,094 crore into Indian markets in December so far amidst optimism in the global markets.
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23364. Amul marketer GCMMF to invest Rs 1,200 crore to ramp up capacity
- Invest over ₹1,200 crores towards additional milk processing and value-addition capacities in these regions in the next two years
- invest about ₹250 crores for a processing facility in Kolkata with a capacity of 10 lakh litres per day (LLPD) while it has planned about ₹450-500 crore investments for a milk processing facility in Rajkot in Saurashtra
- In North Gujarat, it is setting up additional dairy products’ processing capacities with an investment of ₹600 crores.
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23365. India Inc raises record Rs 1.7 trillion via equity issues in 2020, up 116% year-on-year
- The devastating pandemic failed to dampen the primary and secondary capital market issuances with the year closing with the highest ever fundraising from the equity markets, that grew at 116% to Rs 1.78 lakh crore in IPOs, OFS and other market issuances, according to a report
- Despite the entire 2020 being overshadowed by the pandemic, all-time high fundraising through public equity markets at Rs 1,77,468 crore..
- While IPOs fetched Rs 26,770 crore, which was 40% higher than collected in 2019, FPOs netted Rs 15,024 crore, followed by OFS (offer for sale) at Rs 21,458 crore and REITs/InvITs/QIPs at Rs 84,501 crore, shows the report.
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23366. GST collection in December at all-time high, says Finance Ministry
- The GST revenues during December 2020 have been the highest since the introduction of GST and it is the first time that it has crossed ₹ 1.15 lakh crore.
- The gross GST revenue collected in the month of December 2020 rose to ₹1,15,174 crore, an all-time monthly high since the implementation of the new tax regime, according to Finance Ministry.
- The December figures, which are 12% higher the GST revenues in the same month last year, are in line with the recent trend of recovery in the GST revenues, the Finance Ministry added.
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23367. Foreign exchange reserves in India rise by over $4.48 billion
- India’s foreign exchange reserves rose by $4.483 billion during the week ending Jan.1. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $585.324 billion from $580.841 billion reported for the week ended December 25.
- “Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the provisional estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore, released on May 31, 2020,” the First Advance Estimates of National Income for financial year 2020-21 said.
- “The sharp step up in the value of merchandise imports to $42.6 billion, widened India’s merchandise trade deficit to $15.7 billion, the highest level since November 2018,” said ICRA Principal Economist Aditi Nayar. “The recovery in imports reinforces our expectation that the current account surplus will deflate to sub-$5 billion in H2 FY2021.”
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23368. निर्यात के मोर्चे पर अच्छी खबर, जनवरी के पहले सप्ताह में आया 16 फीसदी का भारी उछाल
- India export: जनवरी के पहले सप्ताह में देश का निर्यात 16.22 फीसदी बढ़कर 6.21 अरब डॉलर रहा. इस साल एक से सात जनवरी के बीच आयात भी 1.07 फीसदी बढ़कर 8.7 अरब डॉलर रहा.
- अधिकारी के अनुसार इस साल एक से सात जनवरी के बीच आयात भी 1.07 फीसदी बढ़कर 8.7 अरब डॉलर रहा जो 2020 में इसी अवधि में 8.6 अरब डॉलर था. पेट्रोलियम को छोड़कर आयात आलोच्य सप्ताह में 6.56 फीसदी बढ़ा. औषधि, पेट्रोलियम और इंजीनियरिंग वस्तुओं का निर्यात 14.4 फीसदी (6.162 करोड़ डॉलर) 17.28 फीसदी (11.472 करोड़ डॉलर) और 51.82 फीसदी (63.677 करोड़ डॉलर) बढ़ा. निर्यात में नवंबर 2020 में 8.74 फीसदी की गिरावट आयी. दिसंबर, 2020 में निर्यात में मामूली 0.8 फीसदी की गिरावट आयी थी. नौ महीने के अंतराल के बाद दिसंबर 2020 में आयात 7.6 फीसदी बढ़कर 42.6 अरब डॉलर रहा.
- साल 2020 के आखिरी महीने में देश के निर्यात (India export december) में 0.80 फीसदी की गिरावट दर्ज की गई थी. दिसंबर में निर्यात गिरकर 26.89 अरब डॉलर रह गया. निर्यात में आई गिरावट के कारण देश का व्यापार घाटा (Trade deficit december) बढ़कर 15.71 अरब डॉलर के स्तर पर पहुंच गया था. दिसंबर में आयात (India import december) में 7.6 फीसदी की तेजी दर्ज की गई और यह 42.6 अरब डॉलर रहा था.
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23369. Virus-led recession will leave economy scarred, says Fitch
- Fitch has projected potential growth to average 5.1% per year over 2020-2025
- The ratings agency said several reforms passed by Parliament in response to the pandemic such as labour and farm reforms could lift medium-term growth prospects
- The rating agency said even though the government has pre-ordered 1.6 billion doses of vaccine, including 500 million doses of the Oxford-AstraZeneca vaccine, it seems likely that the vaccine roll-out over the next 12 months will not reach the majority of the population considering the huge logistical and distribution challenges.
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23370. Pralay missile successfully test-fired, reached target with ‘high degree’ accuracy: DRDO
- Test-fired off the Odisha coast, the missile met all its objectives, the Defence Research and Development Organisation said.
- India on 22 dec 2021 successfully test-fired the surface-to-surface guided, short-range Pralay ballisitic missile, the Defence Research and Development Organisation (DRDO) said, adding that weapon met all its objectives.
- Secretary DD R&D and Chairman DRDO, Dr G Satheesh Reddy appreciated the team & said that this missile is a new generation Surface-to-Surface missile equipped with modern technologies & induction of this weapon system will give necessary impetus to the Armed Forces: DRDO officials