Decade of Innovation: Evaluating the Impact of Startup India After 8 Years
Introduction to Startup India Launched in 2016, Startup India aimed to build a strong ecosystem for nurturing innovation and startups in India. Eight years in, the initiative has seen a significant transformation in the Indian startup landscape. Success Stories and Profitability Trends Key players in the startup sector have shown promising profitability. MapMyIndia reported a […]
India-Maldives Diplomatic Strain: Traders Urged to Suspend Business Amidst Tensions
Diplomatic Tensions Rise A recent online conflict between India and the Maldives escalated into the physical world. Indian Prime Minister Narendra Modi’s promotion of Lakshadweep’s tourism potential sparked derogatory remarks by Maldivian ministers, leading to diplomatic actions. India summoned the Maldivian High Commissioner, and its envoy in Male met with Maldivian officials. CAIT’s Call for […]
Uttar Pradesh Ranks in Top Three for MSMEs with a 9% Share Nationally: Insights from CBRE-CREDAI Report
Overview of MSME Sector in India According to a recent CBRE-CREDAI report, Uttar Pradesh has emerged as one of the top three states in India for Micro, Small, and Medium Enterprises (MSMEs), contributing 9% to the national share. Maharashtra leads with a 17% share, followed by Tamil Nadu at 10%. Uttar Pradesh’s Contribution and Growth […]
Red Sea Turbulence: A Potential $30 Billion Blow to Indian Exports
Overview India is poised to experience a significant reduction in its export revenue, projected to be around $30 billion, in the current fiscal year. This downturn is attributed to increased threats in the Red Sea, which have disrupted maritime trade and commerce. Red Sea Threats and Impact on Indian Exports Economic Implications Broader Impact on […]
Sailing Towards 2047: Government’s Mega Investment in River Cruising and Green Vessel Development
Cruise Tourism Strategy The Ministry of Tourism has drafted a National Strategy for the development of Cruise Tourism in the country, with the aim of positioning India as a preferred destination for cruise tourism globally. The strategy document identifies various strategic pillars for infrastructure and circuit enablement, market development, ease of doing business, integrated tourism […]
All Entities to Register for M2M, WPAN, WLAN via SaralSanchar: Telecom Dept’s Latest Announcement
The Department of Telecommunications (DoT) has announced that all entities engaged in Machine-to-Machine (M2M) service provisioning and Wireless Personal Area Network as also Wireless Local Area Network (WPAN/WLAN) connectivity provisioning are required to register with DoT through a simple and transparent online process via SaralSanchar portal. What is M2M and WPAN/WLAN? M2M is a technology […]
India’s Coal Ministry Sets Robust Production Goal: 186.63 MT from Captive and Commercial Mines in FY 2024-25
The Ministry of Coal has set an ambitious target of producing 186.63 million tonnes of coal exclusively from captive or commercial coal mines during the financial year 2024-25, which starts this April. This is a significant increase from the estimated production of 87.5 million tonnes in the current fiscal year and accounts for about 17% […]
DGCA Overhauls Fatigue Risk Management System for Enhanced Flight Crew Safety
Introduction The Directorate General of Civil Aviation (DGCA) has undertaken a substantial overhaul of the Flight Duty Time Limitations (FDTL) for flight crew, marking a pivotal step in enhancing aviation safety in India. Enhanced Weekly Rest and Revised Night Duty Definitions Restrictive Measures on Flight Time and Landings Implementation of Fatigue Reports Transition Towards a […]
Shri Piyush Goyal Launches Indus Food 2024, Showcasing India’s Diverse Food Landscape
Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Shri Piyush Goyal inaugurated the Indus Food 2024 exhibition at India Exposition Mart, Greater Noida, on 8th January 2024. The exhibition is one of the largest food and beverage trade shows in the world, featuring over 1100 exhibitors from nearly 120 […]
Supreme Court Clarifies: Nomination Does Not Supersede Succession Law
The Supreme Court of India has recently ruled that the nomination process under the Companies Act, 1956 and the Depositories Act, 1996 does not create a third mode of succession and does not entitle the nominee to the beneficial ownership of the securities to the exclusion of the legal heirs of the deceased shareholder. Background […]