Newsletter Archive

Newsletter - November 2019

Economic

 Focus Issues  High Impact News
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India jumps to 63rd position in World Bank's ease of doing business rankings
India jumped into the 63rd rank in the World Bank’s latest Ease of Doing Business rankings, soaring 14 notches from last year, as the multilateral body endorsed a string of reforms—from the signature 'Make in India' initiative to insolvency resolutions...
 
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Air services between Chennai-Jaffna relaunched after 41 years An Alliance Air flight from Chennai landed at the Jaffna International Airport on 17 October as Sri Lankan President Maithripala Sirisena inaugurated the country’s third international airport, upgraded with India’s assistance, in the Tamil-dominated Northern Province.
 
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India has emerged as the third largest ecosystem for startups
As per the Hurun Global Unicorn List 2019, with the 21 unicorns, India has emerged as the third largest ecosystem for more successful startups right behind the China and US but ahead of Britain and Israel. In India, payment solution platform, One97 communication (US$ 10 billion), are the leading the bunch followed by cab aggregator Ola Cabs (US$ 6 billion), online educator Byjus (US$ 6 billion) and travel-stay finder OYO Rooms (US$ 5 billion).
 
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High Commissioner of India addresses Research Congress at Peradeniya University as Chief Guest
High Commissioner of India H.E. Taranjit Singh Sandhu participated in the inaugural ceremony of RESCON2019 - the annual Research Congress of the Post Graduate Institute of Sciences (PGIS) in University of Peradeniya as Chief Guest. More than two hundred researchers, faculty and members of the academia were present at the event.  In his address, High Commissioner Sandhu underlined both India's and Sri Lanka’s rich scientific tradition. 
 
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Secretary Department for Promotion of Industry and Internal Trade (DPIIT), Guruprasad Mohapatra launched the website and mobile application [Learn to Protect, Secure and Maximize Your Innovation] on Intellectual Property Rights (IPRs) in New Delhi. The website and app have been developed by Cell for IPR Promotion and Management (CIPAM)-DPIIT in collaboration with Qualcomm and National Law University (NLU), Delhi.
 
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Bronze bust of Mahatma Gandhiunveiled at Temple Trees on 150th birth anniversary
On the occasion of commemoration of 150th birth anniversary of Mahatma Gandhi, a bronze bust of Mahatma Gandhi was unveiled at Temple Trees by Prime Minister Hon. Ranil Wickremesinghe and High Commissioner of India to Sri Lanka H.E. Taranjit Singh Sandhu. On this occasion Sri Lanka Post issued two commemorative stamps.
 
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