Aditya Birla Merges Firms to Form NBFC Giant
Aditya Birla Capital Limited (ABCL) and Aditya Birla Finance (ABFL) have announced a scheme of amalgamation to create a large unified operating non-banking financial company (NBFC). The merger will result in reduction of legal entities and simplification of the group structure of Aditya Birla Capital. It will also comply with the scale-based regulations of the […]
Govt Extends Coal Import Mix Rule Amid Election Power Fears
The government has extended the mandate for power producers to import 6% of their coal requirements until June 2024 to avoid power shortage during the polls. This decision comes amidst domestic supply constraints and logistical bottlenecks that hamper the movement of coal via the railway network. The peak power demand is expected to surge significantly […]
Karnataka Bans Artificial Colors in Gobi Manchurian
The Karnataka government has taken a strict action against the use of artificial colors in Gobi Manchurian, a popular Indo-Chinese dish, and cotton candy, a fluffy confectionery. The state health department has issued an order banning the use of coloring agents like Rhodamine-B, which are considered harmful and unsafe for human consumption. Why the ban? […]
Court to SBI: Give Poll Bond Details in 1 Day, Not 3 Months!
The Supreme Court on Monday dismissed the State Bank of India’s plea seeking extension of time till June 30 and directed it to furnish the details of electoral bonds to the Election Commission by close of business hours on March 12 . A five-judge Constitution bench headed by Chief Justice D Y Chandrachud also directed […]
Tata Sanand Plant Surpasses 1M Car Production Record
Tata Motors Sanand plant in Gujarat, India, has achieved a remarkable feat by producing 1 million cars since its inception in 2010. The plant, which was initially set up to manufacture small cars, has evolved into a key facility for producing petrol, CNG and electric vehicles. A Journey of Transformation The Sanand plant started its […]
Adani Green Energy Launches 1GW Solar Park in Gujarat
Adani Green Energy (AGEL), India’s largest renewable energy company, has announced the launch of its 1GW solar park in Khavda, Gujarat. The project is part of the world’s largest renewable energy park of 30GW planned by AGEL in the region. What is the Khavda solar park? The Khavda solar park is a mega-scale project that […]
TEPA Parliamentary Approval Initiated by Swiss Govt
The Swiss government has announced that it will start the parliamentary approval process for the Trade and Economic Partnership Agreement (TEPA) with India, which was signed on Sunday after 16 years of negotiations. The TEPA aims to boost trade and investment between the European Free Trade Association (EFTA) states and India, by reducing tariffs, improving […]
PM Launches Haryana Part of Dwarka Expressway
Prime Minister Narendra Modi inaugurated the Haryana section of Dwarka Expressway on Monday, March 11, 2024. The 19-km-long stretch is part of the 29-km-long expressway that connects Delhi and Gurugram. The expressway is India’s first elevated highway and the first single-pillar flyover with eight lanes. It is expected to reduce travel time and ease traffic […]
Mahtari Vandan Yojana Launched by PM Modi in Chhattisgarh
Prime Minister Narendra Modi launched the Mahtari Vandan Yojana in Chhattisgarh on 10 March 2024, a scheme that aims to empower women and improve their health and nutrition status. The scheme will provide financial assistance of Rs 1000 per month to eligible married women of the state as monthly direct benefit transfer (DBT). The scheme […]
First Govt Homeopathy College in Kathua, North India
North India’s first government homoeopathic college, centrally funded at a cost of Rs 80 crore, will be established in Jasrota area of Kathua district in Jammu and Kashmir, Union Minister of State Dr Jitendra Singh said on Sunday. The institution will provide cost-effective and integrated healthcare to the people of the region and will also […]