Index of Economic Freedom 2018: India ranks 130th

India ranked 130th out of 186 economies in recently released Index of Economic Freedom 2018 that measures the degree of economic freedom in the countries of the world. In this edition of index, India with score of 54.5 jumped 13 places from 143rd rank in previous year (2017) with a score of 52.6 points. Index Read More…

India hosts 16th International Energy Forum (IEF) Ministerial Meeting

India, world’s third-largest energy consumer after US and China hosted 16th International Energy Forum (IEF) Ministerial Meeting from 10-12th April 2018 in New Delhi. It was formally inaugurated by Prime Minister Narendra Modi. This is second time India hosting IEF Ministerial meeting. It had earlier hosted 5th IEF Ministerial in 1996 at Goa. IEF Ministerial Meeting Read More…

Government invites proposal for India’s first offshore wind project

The National Institute of Wind Energy (NIWE) under Ministry of New and Renewable Energy (MNRE) has issued Expression of Interest (EoI) for first offshore wind energy project of India. The global EoI is for prospective offshore wind energy developers for developing 1000 MW (1 GW) offshore wind energy project in Gulf of Khambat, off the Read More…

Cabinet delegates power to Finance and Oil Ministers to award oil and gas blocks

The Cabinet Committee on Economic Affairs (CCEA) has delegated powers to Finance and Petroleum Ministers to award oil and gas exploration blocks to successful bidders under Hydrocarbon Exploration Licensing Policy (HELP). Under HELP, exploration blocks are to be awarded twice in a year and currently awarding of blocks requires the CCEA’s approval. Delegation of these Read More…

IIT-Delhi installs India’s first 5G lab

The Indian Institute of Technology (IIT)-Delhi has installed Massive Multiple-Input, Multiple-Output (MIMO) lab on campus for standardisation, R&D and manufacturing of 5G equipment. It will be the first of its kind 5G lab in the country and has been set-up at Bharti School of Telecommunication Technology and Management. Key Facts The lab will serve as Read More…