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RuPay credit card UPI transactions double in first seven months of FY25
December 04, 2024
Till October, over 750 million RuPay credit card transactions amounting to Rs 63,825.8 crore …
Transactions processed through the UPI on RuPay credit cards doubled in the first seven months …
UPI has recorded 155.44 billion transactions in 2024 on a cumulative basis:Ministry of Finance
EPFO's investible corpus more than doubled in 5 years to Rs 24.75 trillion
December 04, 2024
The total amount in the investment corpus of the EPFO more than doubled in the past five years …
The number of active contributing subscribers to EPFO grew by 7.6% to 73.7 million in FY24
In FY24, the total investible corpus under the social security organisation grew by 15.8% from …
India among world's top 10 exporters of high-value products
December 04, 2024
India is among the world's top 10 exporters of high-value products: Ministry of Commerce and …
For the first time, India’s export values exceeded $1 billion in 2023: Ministry Commerce and …
India’s semiconductor exports grew from $0.23 billion in 2014 to $1.91 billion in 2023: …
Over 250 stocks hit fresh one-year highs on BSE; investors earn nearly ₹4 lakh crore in a day
December 04, 2024
The Indian stock market witnessed healthy buying across segments onDecember 3. The Sensex …
Over 251 stocks, including HDFC Bank, Persistent Systems and Info Edge (Naukri), hit their …
In the last three sessions of gains, the Sensex and the Nifty 50 have risen over 2 per cent each.…
Chandigarh becomes 1st city to adopt 3 new criminal laws, PM Modi says ‘terrorists can no longer take advantage of…’
December 04, 2024
Chandigarh city became India’s first administrative unit where 100% implementation of the three …
PM Modi announces the successful implementation of three new criminal laws; Bharatiya Nyaya …
PM Modi in Chandigarh announces the implementation of three new criminal laws, stressing on the …
PSBs safe, stable; performed exceptionally well in recent years: Sitharaman
December 04, 2024
Indian banks are performing well; highest-ever net profit of Rs 1.41 lakh crore was achieved in …
The public sector banks are safe, stable and healthy and have performed "exceptionally well" in …
Total bank branches of scheduled commercial banks have increased by 3,792 in a year to reach 16,…
US okays $1.2-bn MH-60R helicopter equipment sale to India: Why it matters
December 04, 2024
US President’s administration approves the sale of MH-60R multi-mission helicopter equipment to …
US approves sale of MH-60R multi-mission helicopter equipment to India; the proposed sale will …
In March the Indian Navy commissioned its first squadron of the then newly-inducted MH-60R …
Su-30 upgrade to naval crafts: DAC clears Rs 21,772 cr defence proposals
December 04, 2024
Five capital acquisition proposals amounting to over Rs 21,772 crore were accorded Acceptance …
DAC clears Rs 21,772 cr defence proposals; including ships for the Indian Navy, helicopters for …
The Defence Acquisition Council accorded AoN for the procurement of an electronic warfare suite …
Rajya Sabha passes bill to boost investments in oil and gas exploration, production
December 04, 2024
The Oilfields (Regulation and Development) Amendment Bill, 2024 will strengthen and propel India’…
The Rajya Sabha passes a landmark Oilfields (Regulation and Development) Amendment Bill, 2024 …
The Oilfields (Regulation and Development) Amendment Bill, 2024, proposes to delink petroleum …
Startups, ecomm firms rush to hire engineering graduates
December 04, 2024
Startups and ecommerce companies like Zomato, Flipkart and Ola are flocking to top engineering …
Not only has there been a spurt in the number of Startups and ecommerce companies visiting …
Startups and ecommerce companies Zomato, Myntra, PhonePe, Quicksell, are visiting campuses such …
India’s exports rise, boosting global presence
December 04, 2024
India is eyeing to be a global economic powerhouse with its remarkable achievements in the …
The petroleum sector has seen a dramatic rise, with export values increasing to $84.96 billion …
In the agrochemical sector, exports reached $4.32 billion in 2023
India's export performance in several key product categories showing notable success
December 04, 2024
India’s robust export growth reflects her ability to leverage advanced technology, innovative …
India has improved its rank among the top 10 global suppliers
India’s export values exceeded $1 billion in 2023
Foreign students in India at record high after Covid tumble
December 04, 2024
A flagship initiative towards internationalisation of Indian education, Study in India Portal, …
To bolster India’s appeal, the UGC has enacted regulations to allow foreign universities to …
The Scheme for Promotion of Academic and Research Collaboration has approved 787 research …
Make disabled 'partners' to build inclusive India, says PM Modi
December 04, 2024
PM Modi called for the embrace of persons with disabilities so that they become partners in the …
When PM Modi assumed office in 2014, the term 'viklang' was replaced with 'divyang'
With the collective resolve of 1.4 billion Indians, Accessible India has persons with …
Camfil India expands manufacturing footprint with new Manesar plant
December 04, 2024
Camfil India has announced the inauguration of its new, larger manufacturing facility in Manesar,…
Camfil India aims to strengthen its role in advancing air quality standards: Mark Simmons, CEO …
Camfil India’s Manesar facility aligns its manufacturing processes with the BIS under IS 17570:…
Danfoss aims to ramp up local manufacturing capabilities over next 5 yrs
December 04, 2024
Danfoss, a leader in heating, ventilation, air-conditioning and compressors has set a target to …
The Rs 500 crore investments will ensure Danfoss remains competitive and responsive to …
India is a key pillar in our global strategy, and we are committed to driving growth and …
India's Crackdown On Digital Threats: Government Blocks Record 28,000 URLs In 2024
December 04, 2024
The Indian government blocked over 28,000 social media URLs under the pretext of national …
Most of the targeted content that has been blocked by the government was connected with …
A high number of URLs that the government has blocked lead users to other websites or app …
Nissan Hits 5 Lakh Domestic Sales Milestone in India, Exports Surge to New Heights
December 04, 2024
Nissan Motor India has achieved a major milestone, reaching over 5 lakh domestic sales since …
The increasing demand for the ‘Made in India’ Magnite has helped Nissan expand its export …
Exports from Nissan Motor India saw a remarkable 173.5 per cent increase from October’s 2,449 …
In 3-year PLI push, phones, pharma, food dominate new jobs creation
December 04, 2024
PLI schemes have created 5.84 lakh direct jobs till June 2024
Till March 2024, the PLI outlay across 14 sectors added up to Rs 1.97 lakh crore
Three sectors, food processing, pharmaceuticals, and mobile phones accounted for over 75% of …
India ranks sixth globally 127 companies committed to net-zero targets, UK tops the list, reveals ICRA ESG Ratings report
December 04, 2024
India ranks sixth globally with 127 companies committed to SBTi net-zero targets: ICRA ESG …
Out of 127 companies with net-zero commitment from India most are from low-to-medium carbon …
Out of 127 companies with net-zero commitment from India only 7% represent high-emission …
Apple's India output shines, sales catching up
December 04, 2024
Made-in-India iPhones contributed 14-15% of Apple's global capacity in FY24
iPhone manufacturing in India is going to reach 26-30% of Apple's total volume by 2027: Expert
Apple posted record India revenue of $8 billion in FY24
India leads globally in AI upskilling, says Udemy's Caoimhe Carlos
December 04, 2024
In terms of AI adoption India’s demand for AI upskilling is the highest: Caoimhe Carlos, Udemy
The Indian government was one of the first to have an AI strategy back in 2018: Caoimhe Carlos, …
India is ahead at filling the skills gaps versus other regions that we work with: Caoimhe Carlos,…
India’s path to semiconductor competitiveness: Building a resilient chip manufacturing ecosystem
December 04, 2024
As per the estimate by the Ministry for Information Technology, the Indian semiconductor sector …
The recent investments in semiconductor sector highlight India’s drive to become a global …
Gujarat’s semiconductor unit is fifth under India Semiconductor Mission, bringing total …
‘Tarikh pe tarikh days are over’: PM Modi hails swift justice under new criminal laws
December 04, 2024
‘Tarikh pe Tarikh,’ has come to an end with the implementation of three new criminal laws: PM …
Bharatiya Nyaya Sanhita is a transformative legal framework aimed at delivering swift justice …
Zero FIR has been given a legal shape under new criminal law: PM Modi
PM Modi Lauds Rise In Tiger Population, Addition Of 57th Reserve
December 04, 2024
PM Modi hails the rise in India’s try's Tiger population, says “Thanks to collective efforts, …
The tiger population in the country has increased to 3,682 as per the All India Tiger …
India adds the 57th tiger reserve to its tally with the inclusion of Ratapani Tiger Reserve
Amrit Decade of service and self-respect of Divyangjan: From sports to startups, they are touching new heights, becoming partners in development
December 04, 2024
When we celebrate the 100th anniversary of Independence in 2047, our Divyang friends will be …
The government wants an inclusive environment where physical challenges do not become a wall in …
'Sugamya Bharat' initiative not only removed the obstacles from the path of Divyangjans, but …
India’s organic food products export reaches $448 Mn, set to surpass last year’s figures
December 03, 2024
263,050 metric tonnes (MT) of organic food products have been exported as of November 25 this …
India’s organic food products export reached $447.73 million in the first eight months of this …
India’s organic food products export in FY25 is on track to surpass last year’s total export of $…
Festive cheer continues as India’s EV two-wheeler sales cross 1 million as of November
December 03, 2024
As of November 30, 2024, electric vehicle retail sales crossed 10.7 lakh, up 37% year-on-year: …
Festive cheer continues in India with EV two-wheeler sales crossing the 1 million mark as of …
In October 2024, the domestic electric two-wheeler (E2W) market witnessed a month-on-month (MoM)…
Centre releases ₹50,571 cr to states as capex loans during Apr-Nov
December 03, 2024
As many as 23 of the 28 states availed the interest-free facility provided by the Union …
The centre has released ₹50,571.42 crore to states as part of its ‘special assistance for …
26 of 28 states availed as much as ₹109,554.32 crore under centre’s ‘special assistance for …
PM Modi Ensured PRAGATI Of 340 Infrastructure Projects Worth $200 Billion: Oxford Study
December 03, 2024
Since its inception nine years ago, PRAGATI has had an outsized impact on India’s …
An Oxford University study lauds the leadership of PM Modi and his signature PRAGATI platform …
By June 2023, 340 projects worth INR 17.05 lakh crore ($205 billion) had gone through the …
Over 88 lakh houses delivered under PMAY-U, govt tells Rajya Sabha
December 03, 2024
More than 88 lakh houses have been delivered under Pradhan Mantri Awas Yojana (Urban)
The Ministry of Housing and Urban Affairs has launched PMAY-U 2.0 'Housing for All' Mission to …
Over 1.18 crore houses have been sanctioned by the Ministry of Housing and Urban Affairs till …
Indian real estate attracts ₹75,500 cr investment from AIFs; highest among all sectors: Anarock
December 03, 2024
Investment in Indian real estate by Alternative Investment Funds (AIFs) has touched nearly ₹75,…
The Alternative Investment Funds (AIFs) have shown impressive growth in India over the last ten …
Out of a total of ₹4,49,384 crore AIF investments made across sectors till H1, FY2025 (till …
India’s first Fast Track Immigration Trusted Traveller Programme sees over 19,000 enrolments!
December 03, 2024
Since June this year more than 19,000 Indian and foreign nationals with Overseas Card of India …
India’s first Fast Track Immigration-Trusted Traveller Programme has expanded to 31 …
The Global Entry Programme (GEP) by the Ministry of Home Affairs registered 1,491 individuals …
PM Modi, cabinet ministers attends special screening of 'The Sabarmati Report'
December 03, 2024
PM Modi attends a special screening of ‘The Sabarmati Report’ at the Balyogi auditorium in …
PM Modi lauds the film ‘The Sabarmati Report’ says “It is good that truth is coming out and …
A fake narrative can persist only for a limited period of time. Eventually, the facts will …
'Charted path that other emerging economies can emulate': Oxford university lauds PM Modi's 'PRAGATI' initiative
December 03, 2024
A study by the University of Oxford positions India’s PRAGATI initiative as a global model …
A recent study by University of Oxford praises PM Modi’s flagship initiative PRAGATI as a …
The PRAGATI platform symbolizes India’s commitment to overcoming bureaucratic inertia and …
India's power consumption up 5 pc to 125.44 bn units in Nov
December 03, 2024
The highest power supply in a day (peak power demand) rose to 207.42 GW in November 2024 from …
India’s power consumption rose 5.14 per cent to 125.44 billion units (BU) in November as …
The peak power demand touched an all-time high of about 250 GW in May this year: Ministry of …
PE investment hits $30.89 bn, up 22.7%; IPO exits take spotlight in 2024
December 03, 2024
Private equity (PE) activity in India between Jan-Nov 2024 recorded a total value of $30.89 …
Private equity (PE) activity in India between Jan-Nov 2024 witnessed 1,022 deals, a rise of 18.4%…
Indian private equity is undergoing a shift as domestic capital is beginning to gain more …
Prayagraj set to welcome 40 crore for Maha Kumbh '25
December 03, 2024
UP government and Union Ministry of Culture and Tourism set to attract more than 40 crore …
Plans are under way to deck up the Prayagraj for the 45-day ‘Maha Kumbh 2025’ with art …
The union culture ministry and UP government will jointly organise cultural performances in ‘…
Govt scraps windfall tax on domestic crude, petrol and diesel exports
December 03, 2024
The government withdrew windfall tax on domestically-produced crude oil and exports of petrol, …
The revenue department rescinded the June 30, 2022 notification that levied windfall tax due to …
Government scraps windfall tax on domestic crude, petrol and diesel exports; the decision came …
Govt launches PAN 2.0: A digital overhaul of taxpayer services
December 03, 2024
PAN 2.0 aims to simplify taxpayer services while enhancing efficiency and security, aligning …
The Union Cabinet has approved Rs 1,435 crore budget for the PAN 2.0 Project
PAN 2.0 adheres to international standards for data security and service quality
Khelo India Scheme has Identified 2781 athletes, enhanced global sports performance: Mandaviya
December 03, 2024
Khelo India Scheme has identified 2781 athletes across 21 sports, including para-athletics: …
Khelo India Athletes, are training at the National Centres of Excellence under the Sports …
‘Promotion of Rural and Indigenous/Tribal Games‘ is a sub-component of the Khelo India Scheme
Over 25,000 positions filled in Central Higher Education Institutions: Minister Dharmendra Pradhan
December 03, 2024
Over 25,000 posts, including over 15,000 faculty positions, have been filled in a mission mode …
A total number of 25,257 vacancies have been filled up by Central Universities, IITs, IIMs etc: …
Occurring of vacancies and filling thereof is a continuous process: Union Education Minister …
AMRUT 2.0 scheme allocates Rs 66,750 crore to help cities become water secure
December 03, 2024
A central assistance of Rs 66,750 crore has been allocated for the projects under AMRUT 2.0 scheme
The total indicative outlay for AMRUT 2.0 is Rs 2,99,000 crore
AMRUT 2.0 scheme was launched in 2021, with an aim to provide universal coverage of sewerage …
Sequential revenue growth for India Inc in Q3 on rise in rural demand: ICRA
December 03, 2024
ICRA said it expects sequential revenue growth for India Inc in the December quarter, led by …
ICRA said it expects the operating profit margin (OPM) for India Inc to improve in the coming …
The credit metrics of India Inc in the October-December period of FY25 are estimated to improve …
India manufacturing sector sees further improvement in November
December 03, 2024
The HSBC India Manufacturing PMI showed another substantial improvement in the health of the …
Goods producers experienced a weaker, albeit still robust, upturn in new business intakes …
Indian manufacturers purchased additional inputs for use in production processes and to place …
Prosus CEO lines up potential IPOs in India
December 03, 2024
Dutch investment group, Prosus has said there’s a strong pipeline of potential IPO candidates …
In its half-yearly (H1FY25) disclosures, Prosus highlighted that India is a critical market for …
We have around 30 investments in India and have many more IPOs ahead over the next 1.5 years: …
Housing Prices continue to surge in top eight Indian cities, up 11 pc YoY in Q3 2024: Report
December 03, 2024
Housing prices across the top eight cities in India surged by 11 percent year-on-year (YoY) in …
The upward trend in housing prices reflects an ongoing strong market for residential properties,…
Mumbai Metropolitan Region (MMR) holds the largest share of housing units at approximately 40%
Rabi sowing gathers pace, up 4 per cent on year
December 03, 2024
Sowing of rabi or winter crops such as wheat, pulses, oilseeds, and coarse cereals continues to …
The total area covered under rabi crops has increased by 4.12% to 42.88 million hectares (Mha): …
The area covered under pulses — gram, masoor, and urad — is up 3.6% at 10.89 Mha: Agriculture …
CoP16: India underlines efforts on land restoration, drought resilience
December 03, 2024
Union Minister for EFCC Bhupender Yadav outlined India's efforts to address land degradation …
India is committed to restoring 26 million hectares of degraded land by 2030: Union Minister …
India supported the G-20's goal to plant 1 trillion trees by 2030, thereby creating carbon sinks
Bank credit to MSMEs up by 14% in October: RBI data
December 03, 2024
Bank credit to MSMEs under priority sector lending in October surged by 13.9% to Rs 26.34 lakh …
Rs 100 crore credit guarantee scheme for MSMEs announced in the budget will soon be placed …
Credit to MSMEs is likely to grow further with the upcoming credit assessment model by banks