Government policies

India kicks off work on 3 semiconductor factories

India kicks off work on 3 semiconductor factories

14 Mar 2024

India on Wednesday ushered in its `Techade’ with Prime Minister Narendra Modi laying foundation stones for three semiconductor factories, involving a combined investment of Rs1.25 lakh crore.

Govt revamps technology upgradation scheme for pharma sector

Govt revamps technology upgradation scheme for pharma sector

13 Mar 2024

The union government on Monday announced a revamped scheme of assistance for technology upgradation in the pharmaceuticals sector – a move aimed at ensuring that Indian industries are on par with global standards.

India to build a 10,000+ GPU supercomputer for AI modelling

India to build a 10,000+ GPU supercomputer for AI modelling

12 Mar 2024

Government of India has proposed to build a supercomputer of 10,000 GPU or more capacity as part of its plan to develop the necessary infrastructure for a self-sufficient AI eco-system in the country.

India, 4-nation EFTA sign Trade and Economic Partnership Agreement

India, 4-nation EFTA sign Trade and Economic Partnership Agreement

11 Mar 2024

India on Sunday signed a Trade and Economic Partnership Agreement (TEPA) with the four-nation European Free Trade Association (EFTA) comprising Switzerland, Iceland, Norway and Liechtenstein.

DoT to start spectrum auction in 8 bands on 20 May

DoT to start spectrum auction in 8 bands on 20 May

09 Mar 2024

Department of Telecom (DoT) has invited applications for award of telecom spectrum for eight bands, initiating the process of spectrum auction.

Govt announces Rs100 per cylinder cut in LPG prices on Women's Day

Govt announces Rs100 per cylinder cut in LPG prices on Women's Day

08 Mar 2024

The central government has announced a Rs100 per cylinder reduction in the price of cooking gas (LPG), in a move that will benefit over 100 million households across the country.

Govt reviews FDI policy on space sector

Govt reviews FDI policy on space sector

07 Mar 2024

The Government of India has amended the extant Foreign Direct Investment (FDI) policy in order to open up the on space sector for overseas investors.

BHEL secures NTPC order for Rs9,500-cr super thermal project

BHEL secures NTPC order for Rs9,500-cr super thermal project

06 Mar 2024

Bharat Heavy Electricals Ltd. (BHEL) has won a Rs9,500 crore order from NTPC Ltd for setting up Stage III of the Singrauli Super Thermal Power Project in Sonebhadra district of Uttar Pradesh.

Defence ministry approves Rs39,126-cr contract for domestic equipment makers

Defence ministry approves Rs39,126-cr contract for domestic equipment makers

05 Mar 2024

The defence ministry on Friday signed five major contracts with local defence equipment manufacturers for capital acquisition worth a total Rs39,125.39 crore, as part of the government’s `Make-in-India’ initiative.

Grand Indian textile expo Bharat Tex 2024 opens in New Delhi

Grand Indian textile expo Bharat Tex 2024 opens in New Delhi

27 Feb 2024

Bharat Tex, India’s largest global textile exhibition, opened in New Delhi on Monday. Prime Minister Narendra Modi inaugurated the 4-day event that will showcase the country’s vibrant textile sector in all its splendor.

Centre amends Electricity Rules to empower consumer

Centre amends Electricity Rules to empower consumer

26 Feb 2024

The centre has brought about changes in the rules regarding distribution and consumption of electricity by amendments to the Electricity (Rights of Consumers) Rules, 2020, in a bid to empower consumers.

NTPC Renewable Energy, SJVN add 120 MW to India’s renewable power capacity

NTPC Renewable Energy, SJVN add 120 MW to India’s renewable power capacity

26 Feb 2024

Central public sector undertakings NTPC Renewable Energy Ltd and SJVN Limited on Friday announced the commissioning of two renewable power projects with a total generating capacity of 120 MW

MeitY ropes in Microsoft, iCreate to bolster India’s AI start-up ecosystem

MeitY ropes in Microsoft, iCreate to bolster India’s AI start-up ecosystem

23 Feb 2024

Microsoft and iCreate on Wednesday announced the launch of the iCreate-Microsoft programme for Emerging Leaders in Artificial Intelligence (iMPEL-AI), a joint initiative with the ministry of electronics and information technology (MeitY), to help India’s AI innovators create marketable solutions to emerging needs.

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

22 Feb 2024

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations governing the National Pension System Trust and the Pension Funds

SJVN’s 1,500 MW solar-wind hybrid project gets tariff bid as low as Rs3.43/kWh

SJVN’s 1,500 MW solar-wind hybrid project gets tariff bid as low as Rs3.43/kWh

22 Feb 2024

State-owned SJVN Ltd’s 1,500 MW solar-wind hybrid power project received bids as low as Rs3.43 per kWh as the reverse auction concluded on Tuesday.

India, UAE cement ties with 10 new pacts for collaboration

India, UAE cement ties with 10 new pacts for collaboration

14 Feb 2024

India and the United Arab Emirates (UAE) have signed 10 new agreements for bilateral collaboration in various fields, including key sectors like energy, infrastructure, investments, and management of archives, in a bid to further strengthen their bilateral relationship.

Govt e-procurement platform GeM records transactions worth Rs3,00,000 cr in 11 months

Govt e-procurement platform GeM records transactions worth Rs3,00,000 cr in 11 months

13 Feb 2024

The integrated digital platform for government procurement, GeM, has recorded transaction of gross merchandise value (GMV) of Rs3 lakh crore

Israel's Tower proposes $8 bn chip manufacturing facility in India: report

Israel's Tower proposes $8 bn chip manufacturing facility in India: report

12 Feb 2024

Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India

CSIR implementing project for localisation of electrolyser production

CSIR implementing project for localisation of electrolyser production

11 Feb 2024

Council of Scientific and Industrial Research (CSIR) is implementing a project to develop different types of electrolysers, including Anion Exchange Membrane (AEM) electrolyser

Govt weighs use of green hydrogen for peak power generation

Govt weighs use of green hydrogen for peak power generation

10 Feb 2024

The union ministry of new and renewable energy has proposed the use of green hydrogen for power generation in order to ensure round-the-clock availability of green power

India to end visa-free transit to Myanmar, fence 1,643-km border

India to end visa-free transit to Myanmar, fence 1,643-km border

08 Feb 2024

India has unilaterally decided to end free movement of people along its border with Myanmar amidst continued ethnic strife between two major tribes in the border state of Manipur

Govt sells 2.76 tonne wheat flour, 297 tonne chickpea and 30,440 tonne onion in retail market to beat price rise

Govt sells 2.76 tonne wheat flour, 297 tonne chickpea and 30,440 tonne onion in retail market to beat price rise

08 Feb 2024

The central government has sold 2,75,936 kg of wheat flour (Bharat Atta), 2,96,802 kg of chickpea (Bharat Dal) and 3,04,40,547 kg of onion at subsidized rates to consumers across the country

PM Modi calls on the world to invest in India’s energy sector

PM Modi calls on the world to invest in India’s energy sector

07 Feb 2024

Prime Minister Narendra Modi has called upon global investors to actively participate in India’s march towards a sustainable and prosperous future by increasingly investing in its renewable and new energy sector.

Number of star-ups in India rises to 1,17,254 by December 2023

04 Feb 2024

The number of start-ups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) has gone up to 1,17,254 as of 31 December 2023

Govt orders traders to declare rice stocks; starts retail sale at Rs29/kg to check price rise

Govt orders traders to declare rice stocks; starts retail sale at Rs29/kg to check price rise

03 Feb 2024

In a move that will deter traders from steadily pushing up rice prices, the government on Friday directed all traders to declare rice stocks with them

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