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Over 13 lakh electric 2-wheeler 3W sold in FY25: Govt

by AIP Online Bureau | Apr 1, 2025 | Data, Eco/Invest/Demography, Technology

“In the Financial Year 2024-25, a total of 11,49,334 electric two-wheelers (e-2W) were sold, reflecting a 21 per cent increase compared to 9,48,561 units sold in FY 2023-24. Similarly, the sales of electric three-wheelers e-3W (L5) reached 1,59,235 units in FY...
No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh

No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh

by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

However, government functionaries are expected to exercise due diligence and caution to ensure safety, security and confidentiality of public information while using any digital technology or platform, Union minister Jitendra Singh said in a written reply to the Rajya...
Govt discontinues parts of gold deposit scheme amid rising prices

Govt discontinues parts of gold deposit scheme amid rising prices

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Policy

The move is likely to reduce the government’s future obligations and minimise risks related to gold prices. While banks paid the interest on the short-term deposits, the government paid it for the medium- and long-term ones. Banks can continue to offer...
Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh

No proposal to change retirement age of govt employees: Centre

by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

“No proposal to change the retirement age of government employees is under consideration of the government,” Union Minister of State for Personnel Jitendra Singh said New Delhi: The government is not considering any proposal to change the retirement age of...
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