Government policies
Finance minister wants banks to tame lending rates
19 Nov 2024
Public sector banks in India have overcome the challenges posed by rising non-performing assets and declining profitability, but at a great cost to the borrower, finance minister Nirmala Sitharaman has said.
Technical textiles offer great potential for handloom sector: minister
17 Nov 2024
A focus on technical textiles along with product diversification would help expand the textile value chain and improve income generation for weavers and their families, textile minister Giriraj Singh has said.
Entry of Starlink and Kuiper could churn India’s telecom sector
11 Nov 2024
The possible entry of Elon Musk’s Starlink and Amazon’s Project Kuiper in India’s telecom sector, through an administrative allocation of satellite spectrum
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New central scheme to facilitate guarantee-free loans for higher education
10 Nov 2024
The union cabinet has approved a new scheme under which the Department of Higher Education will facilitate education loans to over 2.2 million students
Govt sets goal higher for India’s nutraceutical industry
08 Nov 2024
India is set to play a major role in the global nutraceutical industry, with its wealth of traditional knowledge, its Ayurveda system and policy support, as per government projections.
Kharif paddy procurement in Punjab tops 6 million tonnes
30 Oct 2024
Food Corporation of India (FCI) and state agencies have so far procured 6.06 million tonnes of paddy in Punjab in the Kharif Marketing Season (KMS) 2024-2025.
IndiaAI, Meta and IIT Jodhpur join to set up Center for Generative AI
28 Oct 2024
IndiaAI has partnered with social media platform Meta to establish a Centre of Excellence (CoE) for Generative AI, Shrijan, at IIT Jodhpur, which will promote open-source AI.
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Govt sets up Rs1,000-cr venture fund for space sector projects
25 Oct 2024
The union cabinet on Thursday approved the setting up of a Rs1,000-crore venture capital fund exclusively for space sector initiatives.
Elon Musk looks like winning his satellite internet gambit in India
20 Oct 2024
Elon Musk could still be able to extend the services of its Starlink, a constellation of telecom service satellites, if the government sticks to its policy of administrative allocation of radio spectrum for satellite services.
IndiaAI mission selects 8 projects to promote ethical AI
17 Oct 2024
The IndiaAI Mission has selected eight projects from among a number of proposals received from the expression of interest (EoI) floated under the mission’s `Safe and Trusted AI Pillar
Extended PLI scheme for AC, LED light components attract 38 investors
15 Oct 2024
The Production Linked Incentive (PLAI) scheme for white goods (air-conditioners and LED lights) received 38 responses in its third round of on-line application window.
India, Canada at diplomatic battle again as Treudeu renews anti-India rant
15 Oct 2024
India and Canada returned to diplomatic battle with the Government of India ordering six Canadian diplomats, including acting high commissioner Stewart Ross Wheeler, out of the country.
Maharashtra govt frees LMVs from toll at Mumbai's main entry points
14 Oct 2024
The Maharashtra government has decided to exempt light motor vehicles (LMVs) from payment of toll at Mumbai's main entry points, from midnight today (Monday)
Govt launches `Cruise Bharat Mission’ to boost cruise tourism in India
01 Oct 2024
The central government has added ‘Cruise Bharat Mission’ to the long list of mission mode schemes that aim at revitalising various sectors of the economy.
Govt move to merge RINL and SAIL seen hurting Vizag steel plant workers
30 Sep 2024
The government’s move to save debt-laden Rashtriya Ispat Nigam Ltd (RINL) from certain collapse by merging it with Steel Authority of India (SAIL) Ltd seems to be taking a toll on the Vizag plant’s employees.
Cabinet approves extension of MSP, price stabilisation schemes till 2025-26
20 Sep 2024
The union cabinet has decided to continue with the schemes under the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) that ensure remunerative prices
Uttar Pradesh govt offers 25% additional subsidy for semiconductor units
12 Sep 2024
The Uttar Pradesh government is exploring the possibility of hosting semiconductor fabrication units in the state with potential subsidies of over 75 per cent of their capital cost
Govt extends Rs5 lakh free insurance cover to all citizens above 70 years
12 Sep 2024
The union cabinet on Wednesday approved the extension of health insurance coverage to all senior citizens aged 70 years and above, irrespective of income, in a move that will benefit 45 million families.
Hydrogen use to help lower India’s oil imports by Rs1 lakh crore by 2030
12 Sep 2024
India’s Green Hydrogen Mission has set a target of 5 million tonne annual production of green hydrogen by 2030, which would help reduce the country’s fossil fuel imports by Rs1 lakh crore
India plans Rs5,00,000-cr sovereign wealth fund
09 Sep 2024
Government of India is planning to create a sovereign wealth fund with a likely corpus of Rs5,00,000 crore by pooling shares of public sector undertakings (PSUs)
India opens market for semiconductor companies in Singapore
07 Sep 2024
India will allow semiconductor companies in Singapore to expand activities into this country under a memorandum of understanding (MoU) signed in Singapore, on Thursday.
Govt launches centre for developing, commercialising graphene technology
05 Sep 2024
Government of India has launched an engineering and innovation center to facilitate commercialisation of graphene technology.
Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat
03 Sep 2024
The union cabinet on Monday approved a proposal by Kayness Semicon Pvt Ltd for setting up a Rs3,300-crore semiconductor manufacturing unit in Sanand, Gujarat.
Govt announces Rs14,235-cr outlay for 7 major agriculture schemes
03 Sep 2024
The center on Monday announced seven major schemes, involving a total outlay of Rs14,235.30 crore, for improving the lives and livelihoods of farmers across the country.
Govt amends rules to facilitate overseas listing of Indian companies through IFSC
30 Aug 2024
The finance ministry has amended Securities Contracts Regulation Rules (SCRR), 1956, to facilitate Indian companies to directly list securities on international exchanges of GIFT IFSC.
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India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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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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