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October 25: Glimpses for the Day

  • October 25: Glimpses for the Day

    October 25: Glimpses for the Day

  • <p>Employees work inside Maruti Suzuki&#39;s plant on the outskirts of New Delhi</p><p><b>India passed a flagship policy on Tuesday to build industrial zones and beef up manufacturing with world-class infrastructure and softer labour laws, in a move seen as key to keeping Asia&#39;s third-largest economy on a fast-growth track.</b></p><p>The government wants to lift manufacturing&#39;s share in gross domestic product to 25% over the next decade from about 16% now.</p><p>"The manufacturing policy has been cleared by the cabinet," Information and Broadcasting Minister Ambika Soni told reporters on Tuesday.</p>

    Employees work inside Maruti Suzuki's plant on the outskirts of New Delhi

    India passed a flagship policy on Tuesday to build industrial zones and beef up manufacturing with world-class infrastructure and softer labour laws, in a move seen as key to keeping Asia's third-largest economy on a fast-growth track.

    The government wants to lift manufacturing's share in gross domestic product to 25% over the next decade from about 16% now.

    "The manufacturing policy has been cleared by the cabinet," Information and Broadcasting Minister Ambika Soni told reporters on Tuesday.

  • <p>Gold bullion coins known as Krugerrands are pictured in the mint where they are manufactured in Midrand outside Johannesburg</p><p><b>Gitanjali Export Corp. said it has launched a gold coins and medallions vending machine to cash in on robust investment demand that is rivalling the thirst for jewellery in India, the world&#39;s biggest consumer.</b></p><p>"It has a particular significance in India, where usually such items are purchased as tokens to observe traditions on auspicious days," said Sanjeev Agarwal, CEO, Gitanjali Export Corporation.</p><p>The machine will give stock upto 36 different sizes, price points and designs ranging from Rs 1,000 to Rs 30,000.</p>

    Gold bullion coins known as Krugerrands are pictured in the mint where they are manufactured in Midrand outside Johannesburg

    Gitanjali Export Corp. said it has launched a gold coins and medallions vending machine to cash in on robust investment demand that is rivalling the thirst for jewellery in India, the world's biggest consumer.

    "It has a particular significance in India, where usually such items are purchased as tokens to observe traditions on auspicious days," said Sanjeev Agarwal, CEO, Gitanjali Export Corporation.

    The machine will give stock upto 36 different sizes, price points and designs ranging from Rs 1,000 to Rs 30,000.

  • <p>A boy closes the shutter of a shop painted with an advertisement for Bharti Airtel in Ahmedabad</p><p><b>Bharti Airtel, India&#39;s top mobile phone carrier, said on Tuesday it has launched high-speed third-generation network services in Congo, becoming the first carrier to do so in Central Africa.</b></p><p>Bharti Airtel operates in 19 countries across Asia and Africa and is the world&#39;s fifth-biggest mobile phone carrier by subscribers.</p>

    A boy closes the shutter of a shop painted with an advertisement for Bharti Airtel in Ahmedabad

    Bharti Airtel, India's top mobile phone carrier, said on Tuesday it has launched high-speed third-generation network services in Congo, becoming the first carrier to do so in Central Africa.

    Bharti Airtel operates in 19 countries across Asia and Africa and is the world's fifth-biggest mobile phone carrier by subscribers.

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