Economy India

Budget 2024: One Crore Households Set to Benefit from Free Rooftop Solar Power

New Delhi: In a significant move towards promoting green growth and renewable energy, the central government unveiled a series of measures in the Interim Budget 2024-2025 presented by Finance Minister Nirmala Sitharaman in Parliament on Thursday. Under the announced initiatives, one crore households across the country will have the opportunity to harness up to 300 Read More…

Economy India

Budget 2024: India Sees Rise in Women’s Higher Education, But Work Challenges Remain.

Finance minister highlights growth in female enrollment and entrepreneurship but acknowledges hurdles to retaining women in workforce. Female college enrollment surges 28% in a decade, with 43% participation in STEM fields.300 million Mudra Yojana loans empower women entrepreneurs.However, companies struggle with high dropout rates among junior-to-middle level women employees.Gig economy attracts many returning to work, Read More…

Economy India

Budget 2024 expected to create jobs in tourism, deep tech, and infrastructure

Delhi: The Indian government’s budget for 2024 has proposed an 11% increase in infrastructure spending, which is expected to create more jobs in sectors like tourism, deep tech, and construction. Tourism: The budget allocates funds for the development of iconic tourist centers and branding them globally. The government also aims to increase domestic tourism by Read More…

Economy India

FINANCE MINISTER PROPOSES A NEW CORPUS OF RUPEES ONE LAKH CRORE TO BOOST PRIVATE INVESTMENT IN SUNRISE TECHNOLOGIES.

The Government proposes to create a corpus of Rupees One Lakh Crore to boost private investment in sunrise technologies. While presenting the Interim Budget 2024-25 in Parliament today, the Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman said that this will mark a golden era for our tech savvy youth. The corpus will Read More…

Defense India

Prime Minister extends best wishes to all Coast Guard personnel on their Raising Day.

The Prime Minister, Shri Narendra Modi has extended his best wishes to all Coast Guard personnel on their Raising Day. In a X post, the Prime Minister said; “On the 48th raising day of @indiacoastguard, I convey my best wishes and greetings to all their personnel and staff. Their dedication to maritime safety, national security Read More…

Economy India

Budget is not merely an interim budget but an inclusive and innovative budget: PM

The  Prime Minister Shri Narendra Modi today hailed the Budget presented today as “not merely an interim budget but an inclusive and innovative budget.” Prime Minister Modi asserted, “this budget carries the confidence of continuity.” The Prime Minister further said “This budget will empower all pillars of developed India – the youth, the poor, women, Read More…

India

PM to address programme at India’s largest and first-of-its kind mobility exhibition – Bharat Mobility Global Expo 2024 – on 2nd February

Prime Minister Shri Narendra Modi will address a programme at India’s largest and first-of-its kind mobility exhibition – Bharat Mobility Global Expo 2024 – on 2nd February, 2024 at 4:30 PM at Bharat Mandapam, New Delhi. Bharat Mobility Global Expo 2024 will showcase India’s capabilities across the entire mobility and automotive value chains. The Expo will feature Read More…

India

President Murmu Declares India as Fastest-Growing Major Economy in 2023 During Budget Session Address

New Delhi: In a landmark address to a joint sitting of Parliament on January 31, President Droupadi Murmu emphasized that 2023 marked a historic year for India as it secured the distinction of being the fastest-growing major economy despite facing global challenges. President Murmu highlighted the economic achievements, stating, “The year 2023 was a historic Read More…

India

RBI Bars Paytm Payments Bank from Accepting Deposits After February 29

In a significant development on Wednesday, the Reserve Bank of India (RBI) has imposed restrictions on Paytm Payments Bank, prohibiting it from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, effective after February 29, 2024. This regulatory action by the central bank comes in response to a detailed system audit Read More…