LEAP AHEAD: Fueling India’s Tech Startups with Funding and Mentorship
The initiative provides up to ₹1 Crore in funding, along with mentorship and global connections to assist tech startups.
A Sugarcane Superpower: India’s Chairmanship of ISO in 2024
India is the third-largest ethanol producer globally, trailing only the US and Brazil. The country has significantly increased its ethanol blending from 5% in 2019-20 to 12% in 2022-23, boosting its green energy commitments and addressing surplus sugar challenges domestically.
The Future of India’s Economy: Analyzing Goldman Sachs’ 6.5% Growth Prediction
Goldman Sachs projects a substantial increase in gross fixed investment, forecasting a growth rate of 7.5% in 2024-25, up from 6.4% in the current fiscal year. On the other hand, the outlook for private consumption is expected to decline, dropping from 7.5% to 5.5%, indicating a shift in the economic driver from consumption to investment.
The AGNI Initiative: Empowering Ayurvedic Practitioners Through Scientific Validation
The ‘Ayurveda Gyan Naipunya Initiative’ (AGNI), launched by the Central Council for Research in Ayurveda Sciences (CCRAS) under the Ministry of Ayush, is a significant step in promoting innovation and scientific validation in Ayurvedic practices. Here’s a detailed overview of the AGNI initiative:
₹48,075.75 Crore in Relief: Unpacking EPFO’s Non-Refundable Withdrawals During Covid-19
During the Covid-19 pandemic, the Employees’ Provident Fund Organisation (EPFO) in India provided a crucial financial relief measure to its members by introducing a special window for non-refundable withdrawals.
The Big Transfer: Unraveling the Economic Significance of Sahara’s Rs 25,000 Crore to the Government
The transfer of Rs 25,000 crore from Sahara’s unclaimed funds to the Indian government could have several implications for the economy and bond market. This analysis synthesizes data and insights from multiple sources.
Clean Energy Revolution: India Mandates Bio-Gas Blending for CNG and PNG
Finance Minister Nirmala Sitharaman announced the establishment of 500 new ‘waste to wealth’ plants under the Galvanizing Organic Bio-Agro Resources Dhan scheme (GOBARdhan) in the Union Budget 2023, presented on February 1, 2023. This includes 200 compressed biogas (CBG) plants and 300 community or cluster-based plants, with a total investment of Rs 10,000 crore.
India and EU Sign Landmark Semiconductor Agreement: A New Era of Cooperation Begins
This significant agreement, aimed at bolstering the resilience of semiconductor supply chains, was signed on November 25th in New Delhi by India’s Minister of Electronics, IT, and Communications, Ashwini Vaishnaw, and the European Commissioner for Internal Markets, Thierry Breton.
RITES Ltd Granted ‘Navratna’ Status: India’s 16th Central Public Sector Enterprise
RITES Ltd, a Central Public Sector Enterprise (CPSE) under the Ministry of Railways, has been conferred the prestigious ‘Navratna’ status by the Indian government, marking a significant milestone in its history. This designation places RITES as the 16th Navratna CPSE in India. The Ministry of Finance announced this status on October 12, 2023.
Xtreme by Zomato: A Game-Changer for Small and Medium-Sized Businesses in India’s Logistics Sector
Zomato has reported a net profit of Rs 2 crore for the quarter ending in June 2023, a significant improvement from the Rs 186 crore loss the previous year.