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 […]
Bank Staff Set for 17% Wage Boost, Pending Sat Holidays
Bank employees in India have agreed to a 17% annual wage hike, which will benefit 8 lakh workers and cost public sector banks around Rs 8,284 crore more per year. The agreement also recognises all Saturdays as holidays, subject to government approval. Wage Hike Details Bank employees in India have something to cheer about as […]
Telangana, Tata Partner for Skill Development
In a major boost to the skill development sector in Telangana, the state government has signed a memorandum of understanding (MoU) with Tata Technologies, a global engineering and product development digital services company, to upgrade 65 state-run industrial training institutes (ITIs) into advanced technical skill training centres. The project aims to enhance the employability of […]
CCI Updates Rules for Mergers and Acquisitions
Mergers and acquisitions (M&A) are an important mode of business expansion and consolidation in a dynamic and competitive market. However, they also pose potential risks to competition and consumer welfare, as they may result in the creation or strengthening of dominant market positions, abuse of market power, or coordination among competitors. To safeguard against these […]
India-EFTA Seal Trade Deal; Aim for $100B Investment
India and the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland, have signed a Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. The agreement is expected to enhance bilateral trade and investment between the two sides in various sectors, such as pharmaceuticals, medical devices, food processing, banking, digital trade, and […]
PFRDA Launches App to Enhance NPS, Inclusion
The Pension Fund Regulatory and Development Authority (PFRDA) has launched a web application to provide easy access to the National Pension System (NPS) for subscribers. The app, developed by Zerodha Broking Limited, is aimed at widening financial inclusion and boosting NPS. What is NPS? NPS is a voluntary, defined contribution retirement savings scheme that allows […]