A New Chapter for Dharavi: Adani Group to Provide 350 sq ft Flats Complete with Kitchen and Toilet in Post-Redevelopment Plan
Dharavi, Asia’s largest slum, is set to undergo a major transformation as the Adani Group has taken up the challenge of redeveloping it in collaboration with the Maharashtra government. The project, which has been delayed for over two decades, aims to provide better living conditions and amenities to the eligible residents of the slum clusters. […]
Reducing Import Costs: India Secures Lithium Blocks in Argentina, Aims to Save ₹24,000 Crore
India has taken a major step towards securing its lithium supply chain by signing an agreement with Argentina’s state-owned mining and energy company to explore and develop five lithium blocks in the Catamarca region. The deal, which is the first-ever lithium exploration project initiated by India, is expected to save the country ₹24,000 crore in […]
Veefin’s SmartFin: Yes Bank’s New Solution for Streamlining Supply Chain Finance Digitally
Yes Bank, one of the leading private sector banks in India, has launched SmartFin, an advanced digital platform for supply chain finance (SCF) in collaboration with Veefin Solutions, a fintech company that specializes in SCF solutions. The platform aims to support micro, small and medium enterprises (MSMEs) by providing them with easy access to working […]
Building a Safer Future: ‘Standardized Development and Building Regulations, 2023’ by Bureau of Indian Standards
The Bureau of Indian Standards (BIS) has issued a new document that aims to revolutionize India’s built environment. The document, titled ‘Standardized Development and Building Regulations, 2023’, is encapsulated in Special Publication SP 73: 2023. It sets forth a comprehensive framework for ensuring safety, accessibility and sustainability in construction, aligned with the National Building Code […]
DEPWD and NHRDN Partner to Enhance Employment Prospects for Divyangjans
A landmark move In a landmark move, the Department of Empowerment of Persons with Disabilities (DEPWD) and the National Human Resources Development Network (NHRDN) have signed a memorandum of understanding on the closing day of the International Purple Fest in Goa. This strategic collaboration aims to aggregate employment opportunities for Divyangjans through the innovative PM-DAKSH-DEPWD […]
Revolutionizing India’s Energy Landscape: New Rules to Boost Green Hydrogen and Energy Transition
The Minister for Power, Mr. R. K. Singh, has unveiled a series of new regulations designed to foster a more conducive environment for industries such as Green Hydrogen manufacturers. These rules are poised to expedite the establishment of energy storage capacity and play a pivotal role in advancing the energy transition while simultaneously securing the […]
New Development Bank Commits $700 Million to Accelerate India’s Sustainable Infrastructure Projects
Vladimir Kazbekov, the Vice President and Chief Operations Officer of the New Development Bank (NDB), recently completed a four-day visit to India with the aim of deepening partnership opportunities in various sectors of mutual interest. These sectors include renewable energy, transportation, water and sanitation, and social and digital infrastructure. During his visit, Mr. Kazbekov participated […]
Indian Traders Shift to WazirX, CoinDCX Following Binance Crackdown
The world’s largest cryptocurrency exchange, Binance, has faced a major setback in India as the government has restricted access to its platform and other foreign crypto exchanges operating without local registrations. As a result, many Indian traders have moved their deposits to domestic rivals like WazirX, CoinDCX, and CoinSwitch Kuber, which have seen a surge […]
Government Receives Whitelist of Loan Apps from RBI Governor Shaktikanta Das, Non-Compliant Apps to Face Repercussions
RBI Shares Whitelist of Loan Apps Reserve Bank of India (RBI) Governor Shaktikanta Das announced that the central bank has shared a whitelist of lending apps with the Centre. The list was compiled from loan apps used by regulated entities such as banks and non-banking financial companies (NBFCs). Action Against Illegal Loan Apps The Union […]
SECI Awards Adani with Green Hydrogen Electrolyser Facility Project
Adani Enterprises, one of India’s largest conglomerates, has received a major order from the Solar Energy Corporation of India (SECI) to set up an electrolyser facility for green hydrogen production. The order is part of the government’s Production Linked Incentive (PLI) scheme for green hydrogen, which aims to boost domestic manufacturing and reduce dependence on […]