The 3.5 trillion yuan ($486 billion) fund — which covers medical...
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Finmin asks public sector banks to monetise investments in subsidiaries via listing on bourses
For example, the country's biggest lender State Bank of India may...
Sitharaman asks PSBs to develop credit models to fund Indian made small modular nuclear reactors
Lto R -M. Nagaraju,secretary,Department of Financial Services,...
FPIs inject over Rs 6,100 cr in equities in March on strong economic growth and market resilience
"FPI inflows have shown a positive trend as compared to the previous month. Thanks to the recent announcement of Q3 GDP numbers at 8.4 per cent, persistence performance of large Indian corporates being major factors for turning the tide green for the Indian equity...
Republican-led states sue US SEC over climate risk disclosure rules
The rules aim to standardize climate-related company disclosures about greenhouse gas emissions, weather-related risks and how companies are preparing for the transition to a low-carbon economy Ten Republican-led states in US have sued to challenge new federal rules...
Cabinet approves over Rs 10,000 crore to boost India’s AI ecosystem
By democratising computing access, improving data quality, developing indigenous AI capabilities, attracting top AI talent, enabling industry collaboration, providing startup risk capital, ensuring socially impactful AI projects, and bolstering ethical AI, it will...
Odisha signs MoUs to develop landslide early warning & multi-hazard impact-based warming dissemination systems
These collaborations will strengthen the government’s preparedness for managing disasters through impact based forecasting, early warning dissemination and last mile connectivity. This will empower the people of Odisha to leverage technology to mainstream disaster...
Govt directs Automobiles, Consumer Durables sectors to provide detailed info on warranty, service centres
Rohit Kumar Singh, Consumer Affairs Secretary To address the new as well as emerging concerns affecting consumers regarding the repair of their products, Consumer Affairs Secretary Rohit Kumar Singh held a meeting with the major stakeholders of four sectors --...
SC seeks Centre’s response on PIL seeking palliative care as part of national health programme
Terming the plea "genuine", the bench sought the Centre's response in eight weeks and asked it to file a comprehensive reply stating the existing policy on palliative care in the country New Delhi: The Supreme Court sought the Centre's response on Thursday on a PIL...
Govt panel backs higher carbon tax on coal imports to limit polluting fuel
In its report to the coal ministry, the panel said the current carbon tax rate of 400 rupees ($4.83) on every metric ton of coal, regardless of the quality bought, favoured imports and hit sales of domestically mined coal. Singapore: A panel of officials from Indian...
Govt, exporters to discuss Red Sea crisis issue on March 8
After Yemen-based Houthi rebels have targeted ships in the Red Sea and surrounding waters over the Israel-Hamas war. the shipping costs have jumped and consignments are taking more time to reach Europe and the US as the ships are taking the Cape of Good Hope route,...
India to grow at 6.8 pc in FY’25, to become upper middle-income country by 2031
"A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031," Crisil said.India, with a GDP size of USD 3.6 trillion, is currently the fifth...
Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt
During this period, a total amount of nearly Rs 31,139 crore was paid by farmers as their share of premium against which claims of over Rs 1,55,977 crore have been paid to them. Thus, for every Rs100 of premium paid by farmers, they have received about Rs 500 as...