Government News & Updates

India achieves one billion tonne coal production for 2nd consecutive year

The Coal Ministry said it remains firmly focused on nurturing a stable, transparent and performance-oriented ecosystem.

Air India CEO warns of travel demand hit as fuel costs surge, flags possible flight cuts

“The financial impact of the oil and energy crisis due to the conflict in the Gulf region will only hit next month,” Mr. Wilson said

Electric Motorcycle segment likely to get traction

Health risks surging among employees aged 20-35: study

HDFC Bank fires 3 senior officials for gaps in client onboarding at its DIFC branch

“Appropriate remedial actions have been taken in line with internal policies. Personnel changes have been undertaken along with appropriate action as per the bank’s conduct regulation,” the bank state...

India’s options boom, a 25-year-old caution

The capital-market regulator said that the losses remained even after announcement of the measures, according to its report

Government modifies Mutual Credit Guarantee Scheme to support MSME manufacturers, exporters

According to the modified scheme, the credit guarantee would expire after 10 years, as compared to the unspecified period in the earlier scheme

Mcap of five of top-10 most valued firms erodes by ₹1 lakh crore; HDFC Bank biggest laggard

HDFC Bank’s valuation tumbled ₹56,124.48 crore to ₹12,01,267.28 crore

Mines Ministry to launch seventh tranche of critical, strategic mineral auctions on March 23

As on date, the Union Mines Ministry has auctioned off 46 blocks of critical and strategic minerals across six tranches of auctions

Blockade on Cuba: Asphyxiating an island nation

Cuba’s dependence on oil is structural: it accounts for 83% of total power generation, while oil products make up 56% of total energy consumption by industry, transport, agriculture, and households

NTPC eyes imported PWR tech for nuclear fleet; in talks with French, Russian, US players

Govt raises commercial LPG allocation to up to 50%; latest increase specifically for restaurants, dhabas, canteens

‘Need enough buffers, inflation to be seen via multiple channels’

In a first, Himachal Pradesh cuts Budget outlay by Rs 3,586 cr

A tax moratorium to enable a foreign AI invasion

The push for a permanent moratorium signals the U.S.’s bid to dominate the AI-driven global economy

NTPC looking at imported PWR tech for its nuclear fleet, in talks with players in France, Russia & US

Vi seeks investor to enable Govt exit; US-based fund eyes domestic tie-up

Production Linked Incentive Scheme

The Production Linked Incentive (PLI) scheme for Pharmaceuticals was approved in 2021 with an objective to enhance Indias manufacturing capabilities by increasing investment and production in the phar...

Surge in Fertiliser Imports; Adequate Supply Ensured

The Government of India ensures adequate and timely availability of fertilizers based on demand assessed by the Department of Agriculture Farmers Welfare in consultation with States. The requirement o...

OpenAI to buy Python toolmaker Astral to take on Anthropic; revamp product portofolio

OpenAI’s Codex has more ‌than two million weekly active users. Astral has ‌become a major player in the ​Python community. Its tools are designed to improve speed ⁠and reliability in Python developmen...