Government policies
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Women SHGs will help create 30 million `Lakhpati Didis, says finance minister
02 Feb 2024
Buoyed by the success of the Women Self Help Groups (SHGs) across the country, the government has decided to set the goal higher and enhance the target for `Lakhpati Didis’ from 20 million to 30 million, finance minister Nirmala Sitaraman said while presenting the Interim Union Budget 2024-25 in Parliament.
Government reduces import duty on mobile phone components from 15% to 10%
31 Jan 2024
In a recent move to boost the export sector of India, the Ministry of Finance announced on Tuesday, 30th January, 2024, a reduction in the import duty on components used for mobile phone manufacturing.