Government
LIC gets a 10-year exemption from the 25% public shareholding rule
21 Dec 2023
In a significant development, the state-owned Life Insurance Corporation of India (LIC) announced on Thursday, 21 December 2023, that it has secured a one-time exemption from the Finance Ministry regarding the 25% public shareholding rule.
The government contemplates the termination of the FAME subsidy for electric two-wheelers
18 Dec 2023
In a recent report by the Times of India (ToI), it has been indicated that the government is unlikely to continue subsidies for electric two-wheelers as the provisions for the same are set to expire in a few weeks.
ISRO Chief S. Somnath unveils future plans: Chandrayaan-4 mission and innovative robotic arm in the pipeline
15 Dec 2023
The Indian Space and Research Organization (ISRO) is embarking on an ambitious trajectory in space exploration, solidifying its position as a key player in the cosmos.
.jpg "Supreme Court upholds abrogation of Article 370 in J&K")
Supreme Court upholds abrogation of Article 370 in J&K
12 Dec 2023
The Supreme Court has upheld the Indian Union government’s decision to revoke the special status enjoyed by Jammu and Kashmir; it has revoked Article 370, which was promulgated in 1949, after the first war with Pakistan over the control of this territory.
Govt extends date for fresh applications under PLI scheme for textiles till 31 December
09 Dec 2023
The central government has extended the last date for submitting fresh applications under the PLI scheme for textiles through an online portal to 31 December 2023.
RBI MPC maintains 6.5% repo rate, raises FY24 GDP forecast to 7%
08 Dec 2023
In its bi-annual policy announcement, the Reserve Bank of India’s Monetary Policy Committee (RBI MPC) opted to keep the repo rate unchanged at 6.5%, marking the fifth consecutive decision to maintain the status quo.
The government allocates an additional Rs. 1,500 crore to the FAME-II program
04 Dec 2023
In a decisive move to bolster the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) program, the Centre has sanctioned an additional Rs. 1,500 crore for its second phase.
The Indian rupee strengthened by 11 paise to 83.29 against the US dollar
01 Dec 2023
In the early hours of Friday 1 December, 2023, trading session, the Indian rupee showcased resilience, appreciating by 11 paise to reach 83.29 against the US dollar.
Enforcement Directorate raids DLF premises in money laundering probe involving Supertech Group
25 Nov 2023
The Enforcement Directorate (ED) has conducted extensive searches at the premises of DLF in Gurugram.
Hero Electric aims to resolve Rs 140 crore penalty imposed by MHI
24 Nov 2023
Hero Electric has urged the government to resolve the ongoing dispute concerning the Rs 140 crore penalty imposed by the Ministry of Heavy Industries (MHI).
Google pledges its support to the Indian government in advancing ethical AI development
24 Nov 2023
Google has reaffirmed its commitment to collaborating with the Indian government and industry stakeholders to promote the ethical development of artificial intelligence (AI).
.jpg "Government explores legality of transferring unclaimed Sahara-Sebi funds to Consolidated Fund of India")
Government explores legality of transferring unclaimed Sahara-Sebi funds to Consolidated Fund of India
20 Nov 2023
In the wake of Sahara Group founder Subrata Roy's recent demise, the Indian government is reportedly examining the legality of transferring the unclaimed funds from the Sahara-Sebi Refund Account to the Consolidated Fund of India.
Reports indicate that India is already a $4 trillion economy, but no official word yet
20 Nov 2023
The reports are based on GDP feed for all countries compiled by the International Monetary Fund and the Reserve Bank’s optimism that the domestic economy is in better shape.
.png "Indian investigators seek to revive the Adani probe and request Supreme Court assistance")
Indian investigators seek to revive the Adani probe and request Supreme Court assistance
17 Nov 2023
Indian investigators are making renewed efforts to reopen a probe into the Adani Group over allegations of coal import overvaluation.
.jpg "The Government of India delays new PLI schemes until it verifies the success of the existing ones")
The Government of India delays new PLI schemes until it verifies the success of the existing ones
12 Oct 2023
The Government of India has decided to delay the introduction of production-linked initiatives (PLI) for additional sectors until the existing initiatives produce positive results.
Govt extends mandatory gold hallmarking to 55 more districts
08 Sep 2023
The third phase of implementation of the mandatory hallmarking of gold jewellery and gold artifacts started on Friday with the government extending hallmarking facility to 55 more districts.
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Budget 2023-24 - Blue print for an empowered, inclusive economy
03 Feb 2023
The economic agenda for achieving the vision for Amrit Kal’ focuses on facilitating ample opportunities for citizens, especially the youth, to fulfill their aspirations, providing strong impetus to growth and job creation and finally to strengthen macro-economic stability
Persons with income up to Rs7 lakh will not have to pay INCOME tax; exemption limit raised to Rs3 lakh
01 Feb 2023
Basic customs duty reduced from 21% to 13%
01 Feb 2023
Budget 2023-24: Focus on reforms through technology-driven mechanism
01 Feb 2023
Finance minister Nirmala Sitharaman has proposed an overarching Saptarishi – 7 priorities of the government aimed at a multi-sectored focus on reforms through technology-driven and knowledge-based mechanisms during Amrit Kaal
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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