November 26: Marking India’s White Revolution and National Milk Day
In recognition of these achievements and to honor Dr. Kurien’s contribution, India celebrates National Milk Day on November 26 each year. This day commemorates Dr. Kurien’s birth anniversary and has been observed since 2014.
India’s Mobile Manufacturing Milestone: 99.2% Made in India
This growth is reflected in the significant decrease in import dependency; from being 78% import-dependent in 2014, India has achieved a remarkable milestone where 99.2% of all mobiles sold in the country in 2023 are ‘Made in India’.
IOC Marks Major Milestone with Rs 148 Crore Mercator Petroleum Acquisition
Indian Oil Corporation (IOC), a state-owned enterprise, has completed the acquisition of Mercator Petroleum Limited (MPL) for about Rs 148 crore through an insolvency proceeding.
2024 Expansion Blueprint: Bank of Maharashtra to Open 250 New Branches
By the end of 2024, the Bank of Maharashtra aims to expand its network to 2,500 branches.
Transforming India by 2047: NITI Aayog’s Blueprint for Development
The target is to reach a USD 30 trillion economy with per-capita income between USD 18,000 and 20,000, supported by strong public finances and a robust financial sector.
“Electrifying Urban Mobility: InterGlobe and Archer’s 2026 Air Taxi Initiative
InterGlobe Enterprises, a renowned travel and hospitality conglomerate in India, has announced a strategic collaboration with Archer Aviation Inc., a leader in electric vertical takeoff and landing (eVTOL) aircraft, to launch an all-electric air taxi service across India.
APEDA and Lulu Hypermarket Unite to Elevate Indian Agri-Exports to the GCC
This strategic partnership leverages Lulu Group’s extensive presence not only in the GCC but also in Egypt, India, and the Far East, with 247 LuLu stores and 24 shopping malls in operation.
A Sugarcane Superpower: India’s Chairmanship of ISO in 2024
India is the third-largest ethanol producer globally, trailing only the US and Brazil. The country has significantly increased its ethanol blending from 5% in 2019-20 to 12% in 2022-23, boosting its green energy commitments and addressing surplus sugar challenges domestically.
The Future of India’s Economy: Analyzing Goldman Sachs’ 6.5% Growth Prediction
Goldman Sachs projects a substantial increase in gross fixed investment, forecasting a growth rate of 7.5% in 2024-25, up from 6.4% in the current fiscal year. On the other hand, the outlook for private consumption is expected to decline, dropping from 7.5% to 5.5%, indicating a shift in the economic driver from consumption to investment.
The AGNI Initiative: Empowering Ayurvedic Practitioners Through Scientific Validation
The ‘Ayurveda Gyan Naipunya Initiative’ (AGNI), launched by the Central Council for Research in Ayurveda Sciences (CCRAS) under the Ministry of Ayush, is a significant step in promoting innovation and scientific validation in Ayurvedic practices. Here’s a detailed overview of the AGNI initiative: