According to the minutes of the MPC meeting that were released on Friday, all six members of the RBI’s Monetary Policy Committee opted for a wait-and-watch strategy when they voted to maintain benchmark interest rates earlier this month. They cited the high level of uncertainty surrounding the future of inflation and growth as reasons for […]
Reports indicate that utility vehicle traction, improved affordability due to GST rate reduction, and sustained demand momentum will propel passenger vehicle sales to a 4- to 6-percent increase this fiscal. According to the report by ratings agency Icra, wholesale volumes of passenger vehicles increased by a robust 27% year-on-year, reaching 4.4 lakh units, while retail […]
While distributing incentives worth Rs 2,400 crore to support 15 lakh new jobs, Prime Minister Narendra Modi announced on Friday that the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) had so far employed over 70 lakh individuals nationwide. Last August, the government unveiled its centrepiece employment-linked incentive program, which aims to assist first-time job searchers […]
Executives from NMDC Limited have taken stock of the Donimalai Complex in Karnataka’s capacity expansion, digitalisation, and sustainable mining projects in an effort to boost operational efficiency and reach the company’s long-term growth goals. On a recent visit, senior management from NMDC examined the Donimalai Complex’s (17 MTPA) and Kumaraswamy Mine’s (10) ongoing infrastructure development […]
On June 19, 2026, the esteemed K. Kailashnathan, IAS (Retd.), Hon’ble Lieutenant Governor of Puducherry, opened the 25th Neyveli Book Fair 2026, the Silver Jubilee edition of the esteemed literary event organised by NLC India Limited (NLCIL). Beginning in 1998, the Neyveli Book Fair has grown into one of the most renowned literary events in […]
Before the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Act, 2025 goes nationwide on July 1, 2026, the Indian government has announced the deployment of over 100 area officers across the country. This is a major step toward ensuring the Act’s successful implementation. The Ministry of Rural Development states that throughout […]
One of the government of India’s flagship employment-generation initiatives, the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), will distribute incentives worth about Rs 2,400 crore at a special programme that Prime Minister Narendra Modi will attend on Friday at Vigyan Bhawan in New Delhi. Prime Minister Modi announced the initiative on the social media platform […]
On Saturday, the 23rd installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme will be released by Prime Minister Narendra Modi. More than 9,44 million farmers would have more than Rs 18,880 crore deposited into their bank accounts. The Union Ministry of Agriculture and Farmers Welfare, in conjunction with the Government of West Bengal, […]
According to Lakshmi Mittal, executive chairman of ArcelorMittal, India is poised to become a major player in the global steel market in the next decades due to massive urbanisation, investments in energy infrastructure, and other factors. In an interview given just before ArcelorMittal’s 20th anniversary on July 31, Mittal predicted that India would follow China’s […]
During the first fifteen years of the trade pact’s implementation, India will let the import of 3,78 lakh units of conventional-engine passenger cars, including mass segment models, from the UK at a concessional customs charge. The agreement calls for quotas on both sides and a reduction in tariffs on imported automobiles from around 110% to […]
