Breaking the Bank: India’s Surge to 2 Trillion Rupee Borrowing Record
Indian banks have recently witnessed a significant surge in borrowing, crossing the 2 trillion Rupees mark and reaching an all-time high
Global Bio-India 2023: Showcasing India’s Biotech Aspirations
Global Bio-India 2023, set to take place from 4-6 December 2023 at Bharat Manadapam, Pragati Maidan in New Delhi, is being hailed as the largest congregation of biotech startups.
Forex Alert: RBI Identifies 19 Unauthorized E-Trading Entities
The Reserve Bank of India (RBI) recently identified 19 illegal electronic forex trading providers. These include 18 web domains and one mobile application, bringing the total number of such identified services to 75. 3
AC Over Sleeper: Indian Railways’ Strategy for a New Age
The Railway Ministry has begun replacing Sleeper or Second-Class coaches with AC 3-tier Economy Class coaches in several trains. This trend aligns with the Indian Railways’ goal of modernizing its fleet and services.
80 GW Goal: India’s Coal Capacity Plan for Sustainable Energy
The government aims to add 80 GW of thermal power capacity by 2031-32. This is in addition to the 27 GW currently under construction.
Exploring the 43% Rise in India’s Paper Imports in 2023
The surge in paper imports into India has raised significant concerns in the domestic paper industry, particularly as imports have increased by a remarkable 43% in the first half of FY24.
Navigating New Terms: India and Japan Revisit Trade Agreement
The review of the India-Japan Free Trade Agreement (FTA), officially known as the Comprehensive Economic Partnership Agreement (CEPA), has been a topic of significant discussion due to its impact on trade dynamics between the two nations.
India’s Fight Against Deepfakes: IT Ministry’s Crucial Meetings with Social Media Giants
On November 23 and 24, Information Technology (IT) Minister Ashwini Vaishnaw and Minister of State for IT Rajeev Chandrasekhar held meetings with social media companies. These meetings focused on discussing the issue of deepfakes and the potential harm they pose to society.
Aviation’s Eco Revolution: India’s SAF Blending Initiative Begins in 2027
The government plans to start with a 1% SAF blending target in 2027, which will initially apply to international flights. This target is set to double to 2% in 2028.
SEBI Sets New Milestones: One-Hour Settlement by 2024, Instant Settlement by 2025
The regulator has announced plans to implement a one-hour trade settlement by March 2024 and aims to introduce instantaneous settlement by October 2024. This marks a progressive shift from the current T+1 settlement cycle, where trades are settled one day after the transaction.