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 […]
Supreme Court Takes on E-Gaming Federation’s Challenge Against GST Notices
The Supreme Court of India has agreed to hear a petition filed by the E-Gaming Federation (EGF) and two of its members, Head Digital Works and Play Games 24*7, challenging the constitutional validity of the GST notices issued by the Directorate General of GST Intelligence (DGGI) to various online gaming companies. The notices have raised […]
SBI Research Debunks K-Shaped Recovery Narrative as Flawed and Baseless
In a recent report, economists at SBI Research have challenged the notion of a K-shaped recovery in India, where the rich get richer and the poor get poorer due to the COVID-19 pandemic. They argue that the pandemic has been a “leveler” that has reduced inequality by providing food and income support to the poor. […]
Mamata Banerjee’s Government Requested for Rs 50 Subsidy per Kilo by Indian Tea Association
The Indian Tea Association (ITA) has requested the West Bengal government led by Chief Minister Mamata Banerjee to provide a subsidy of Rs 50 per kilogram of tea produced in the state to help the industry cope with the rising costs and low prices. Background The tea industry in West Bengal, which produces around 25% […]
ONGC’s Flagship Deep-Sea Project in Krishna-Godavari Basin Starts Oil Production
Introduction Oil and Natural Gas Corporation (ONGC), India’s largest state-owned oil and gas company, has announced the start of crude oil production from its flagship deep-sea project in the Krishna-Godavari (KG) basin block KG-DWN-98/2 . The project, which has faced multiple delays and deadline extensions over the past few years, is expected to boost India’s […]
PM-KISAN Scheme May Rise to ₹8,000, Free Ration Scheme Allocation Set to Surge”
The government of India is planning to increase the annual income support under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from ₹6,000 to ₹8,000 for all eligible land-holding farmer families. This was announced by Prime Minister Narendra Modi on the occasion of Diwali. What is PM-KISAN? PM-KISAN is a central sector scheme that provides […]
Petrochemical Industry Stands Against Oman FTA, Deal Could Be Postponed
The proposed free trade agreement (FTA) between India and Oman, which was expected to be signed in January 2024, could face a delay due to opposition from the Indian petrochemical industry. The industry fears that the FTA would expose it to unfair competition from Oman’s subsidized and integrated petrochemical sector, which has been expanding its […]