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Walmart Plans to Offer 30,000 Jobs in Uttar Pradesh

28Jul By Gauri SinghNo Comments

News

Walmart Plans to Offer 30,000 Jobs in Uttar Pradesh

The multinational retail corporation Walmart is seeing Uttar Pradesh as a major source of recruitment. The company is seeking to offer at least 30,000 local jobs by setting up 15 stores in the state. Walmart India at present operates four Cash and Carry stores in UP and had recently launched a fulfillment center (FC) in Lucknow, which offered 1,500 fresh skilled jobs. "Each store is likely to create 2,000 direct and indirect jobs, thereby generating at least 30,000 local jobs in the state," said Rajneesh Kumar, Chief Corporate Affairs Officer who represented Walmart India in the Investment Summit. Earlier this year, during the UP Investment Summit, Walmart India signed a memorandum of understanding (MoU) with the state government to launch 15 wholesale Cash and Carry stores. According...

26Jun By Gauri SinghNo Comments

INDIA

The Helpful Startup Policies From Indian Government

In the recent years, the Narendra Modi led Government of India has been focusing more and more on a wide universe of emerging startups, and for this, the government has been bringing in new programmes and opportunities for bringing out the best in these companies and help them in innovation and nurturing. Several initiatives have been undertaken by the government of our country to support the new entrepreneurship and to foster a culture of innovation among the youngsters which are considered by our Prime Minister as the future of India. With a huge and exceptional statistic advantage, India, in any case, can possibly improve, raise business people and make occupations for the advantage of the country and the world. Recognising the importance of innovative startups and women entrepreneur...

21Jun By Gauri SinghNo Comments

INDIA

Shillong Becomes The 100th Smart City Of India

Shillong, known as the ‘Scotland of India’ has been declared as the 100th smart city of India by the Ministry of Housing and Urban Affairs. The city will receive funding under the Smart Cities Mission after proper execution of the proposal submitted by it. This ambitious initiative had been launched by Prime Minister Narendra Modi on June 25, 2015. With this, the number of cities to be developed as smart cities has reached the 100 mark. According to the reports, followed by the selection of Shillong as the smart city, the total proposed investment for all the finally selected 100 smart cities would be around Rs 2,05,018 crores. Under the programme, every city will get Rs 500 crore from the Centre for the implementation of various projects such as strengthening urban infrastructure, r...

One Stop Guide for Mudra Loan: Introduction, Eligibilty and Procedure

11Jun By Gauri SinghNo Comments

INDIA

One Stop Guide for Mudra Loan: Introduction, Eligibilty and Procedure

Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Honourable Prime Minister of India, Mr Narendra Damodardas Modi on April 8, 2015. If you own a small business and want to have sufficient funds to make your business grow and flourish and need a strong financial backing? Then this scheme may help you grow. The aim of the scheme is to provide loans up to 10 lakh to the micro units that is the non-corporate, non-farm small enterprises who have the potential and ability to grow but lack financial support. Micro-units include all the small organizations, companies and start-ups in India. The Mudra Loan cannot be taken for personal requirements, educational assistance, personal vehicle or by rich businessmen. The most common examination of the micro-units is that they lack ...

5 Points You Must Know on What PM Modi Said About Startups

7Jun By Gauri SinghNo Comments

News

5 Points You Must Know on What PM Modi Said About Startups

On Wednesday, our honourable Prime Minister Narendra Modi had a live conversation with the startups across the country who have benefited from the Startup India Policy as well as with student innovators who are a part of Atal Innovation Mission’s Tinkering Labs. With the aim to promote young entrepreneurs in the country, the prime minister focused his conversation all over the growth and funding of the beginners in the field of business. During the interaction, Modi showed his appreciation by clapping impulsively at some of the comments and ideas of the entrepreneurs, and even when some of the government’s schemes were highly praised by the participants. In this regard, he said a few important things about startups that are worth nothing. Startup India Highlights: What PM had...

RBI hikes Repo rate for first time in 4 years under BJP Regime

6Jun By Lavina TolaniNo Comments

INDIA

RBI hikes Repo rate for first time in 4 years under BJP Regime

India's Apex Bank Reserve Bank of India has raised repo rate for the first time in four years amidst inflation concerns surprising market analysts by keeping its policy stance "neutral". The six-member monetary policy committee of RBI headed by governor Urjit Patel has hiked the repo rate by 25 basis points to 6.25 percent. While the reverse repo rate has been adjusted to 6 percent. Notably, this is a first-time hike in policy rate done by the central bank since Narendra Modi led BJP government has come into office in may 2014. Meanwhile, RBI has allowed 2 percent more SLR (Statutory liquidity ratio) to meet liquidity coverage ratio. In its official statement, RBI said that "it reiterates its commitment to achieving the medium-term target for headline inflation of 4 percent on ...

5Jun By Gauri SinghNo Comments

INDIA

India Imports the Cheapest LNG Cargo from Russia : Know what is LNG

India has received its very first consignment of the cheapest Liquefied Natural Gas (LNG) under a longstanding contract with Russia. The gas has been imported into the country at a price of around $7 per million British Thermal Unit (mmBtu) by the Russian supplier Gazprom. Russia is the largest crude oil and second-largest gas producer in the world. The amount at which India has received LNG from Russia is far much cheaper ($1.5 per mmBtu cheaper) than that of Qatar, which is India’s biggest and oldest exporter of LNG. Our country is the fourth largest importer of LNG and its objective is to create a gas-based economy and bring diversification in the energy imports, which is currently intimidated by oil and coal. The LNG cargo was received at the port in Mumbai and according to the r...

14May By Press Trust of IndiaNo Comments

INDIA

Narendra Modi Government Spent Rs 4,343 Crore on Publicity

The Indian PM Narendra Modi led BJP government has spent Rs 4,343 crore on publicity since it came to power in May 2014, an agency under the Ministry of Information and Broadcasting has said in reply to an RTI query. The Bureau of Outreach Communication under the ministry said the Indian government spent Rs 4,343.26 crore on advertising its programmes across media platforms. The expenditure was incurred on advertisements in the print and electronic media as well as outdoor publicity, the central government agency said. This included Rs 1732.15 crore on advertisements in the print media (from June 1, 2014, to December 7, 2017) and Rs 2079.87 crore in the electronic media (from June 1, 2014, to March 31, 2018). A sum of Rs 531.24 crore was spent on outdoor publicity (June 2014 to Ja...

Key Highlights: UP Investors Summit 2018 Day One

21Feb By Sabhyata AgarwalNo Comments

News

Key Highlights: UP Investors Summit 2018 Day One

As Lucknow welcomes the heads of states and governments, ministers, leaders from the corporate world, heads of international institutions for the UP Investors Summit 2018, the event is said to be attended by at least 18 Union ministers and 100 speakers. The event organised by the Chief Minister Yogi Adityanath of 'Nawabo ka Sheher' Lucknow was aimed at promoting business and investment opportunities in the state. #UPInvestorsSummit के उद्घाटन सत्र में प्रतिभाग करने रिलायंस इंडस्ट्रीज के चैयरमेन श्री मुकेश अंबानी, अडानी समूह के चैयरमेन श्री गौतम अडानी, महिंद्रा ग्रुप के चैयरमेन श्री आनंद महिंद्रा, बिड़ला समूह के चैयरमेन श्री कुमार मंगलम बिड़ला व जी समूह के चैयरमेन श्री सुभाष चंद्रा पहुंचे। pic.twitter.com/6mISvxnDQW — CM Office, GoUP (@CMOfficeUP) February 21, 2018 ...

Top 5 Announcements Made By Mukesh Ambani At UP Investors Summit 2018

21Feb By Sabhyata AgarwalNo Comments

INDIA

Top 5 Announcements Made By Mukesh Ambani At UP Investors Summit 2018

The ongoing UP Investors Summit 2018 at Indira Gandhi Pratisthan, Lucknow witnessed the assembly of Top Ministers, Industry leaders and distinguished dignitaries from all around the world. The event that is aimed at showcasing investment opportunities and potential across various sectors in Uttar Pradesh started with the address of Mukesh Ambani, the Chairman and Managing Director of Reliance Industries. Mukesh Ambani, who was delighted to be a part of such an event, thanked the Chief Minister of Uttar Pradesh for inviting him and talked about the vision of Prime Minister to make Uttar Pradesh, Uttam Pradesh. He said he will be happy to join hands with the Prime Minister and the government to convert the fifth largest state of the country into a prosperous state. He embraces the P...

Everything You Need to Know about the PNB Scam

15Feb By Sabhyata AgarwalNo Comments

INDIA

Everything You Need to Know about the PNB Scam

The second biggest state lender of the country, Punjab National Bank had yesterday informed about the fraudulent transactions of worth Rs 11400 crore, however, it didn't reported anything about the people involved in the scam. Today morning around 10:12 am, it was reported that the suspected fraud has been carried out by the criminal in conspiration with 10 staff members of the bank in one of the branches in Mumbai, as written in the letter to private and public sector banks as well as foreign lenders. It also said, that the glitch was found through the Society for Worldwide Interbank Financial Telecommunication (SWIFT), that one un-authorised junior-level official fraudulently issued Letters of Undertaking (LoUs) on behalf of some companies belonging to Nirav Modi Group. SWIFT, the ...

12Feb By Sabhyata AgarwalNo Comments

INDIA

How Indian Prime Minister Set the Stage For India at Dubai’s World Government Summit

The 6th Annual World Government Summit this year in Dubai where India was a Guest of Honour, witnessed 4000 delegates and 130 Speakers including Narendra Modi, Robert Di Nero, Christine Lagarde, Edouard Phillipe etc and many more. On arriving at Abu Dhabi, PM Narendra Modi met with all the important delegates such as the business leaders of the Gulf Cooperation Council, Vice President, PM of UAE and Ruler of Dubai Mohammed bin Rashid Al Maktoum, the President Kyrgyzstan Sapar Isakov etc. The eventful ceremony observed a delightful instance of PM Narendra Modi speaking about Technology and various other important topics that made the speech trending on twitter with the hashtag #ModiInUAE . Today we welcomed His Excellency @narendramodi Prime Minster of India, as a guest...