The Unified Payments Interface (UPI) in India has achieved a new milestone in March, showcasing the increasing adoption of digital payments in the country. Data released by the National Payments Corporation of India (NPCI) indicates a significant surge in both the volume and value of UPI transactions during the month, primarily attributed to year-end financial …
On April 2, 2025, US President Donald Trump made an announcement related to the reciprocal tariffs on trading partners. Donald Trump made no exclusion for any country as he announced reciprocal tariffs on more than 180 countries. In addition, Trump also announced the imposition of a 10% baseline tariff apart from country-specific tariffs. Trump declared …
India’s financial system recently witnessed one of the worst liquidity crunches in its history. However, decisive action by the Reserve Bank of India (RBI) has turned the tide. According to a Bloomberg report, the central bank’s interventions have not only alleviated the cash shortfall but also improved key indicators such as overnight borrowing costs and …
India has reached a significant milestone in locomotive manufacturing by producing 1,681 locomotives in the financial year 2024–25, overtaking regions such as the United States, Europe, South America, Africa, and Australia. This marks a new era of industrial capability and railway infrastructure expansion for the country, making it a global leader in locomotive production. Production …
The Pradhan Mantri Awaas Yojana Gramin (PMAY-G) has been a game-changer in addressing housing deprivation in rural India. The scheme, aimed at providing affordable housing for the rural poor, is driven by a thorough and transparent beneficiary identification process, based on the Socio-Economic Caste Census (SECC)-2011 data, exclusion criteria, and a detailed verification process. Extension …
Oil prices tumbled after US President Donald Trump announced sweeping tariffs on major trading partners, including China and the European Union, sparking fears of a broader trade war that could dampen global economic growth and energy demand. At 8:39 AM (IST), Brent crude dropped by 2.28% to $73.24 per barrel, while West Texas Intermediate (WTI) …
Coal and Lignite Public Sector Undertakings (PSUs), including Coal India Limited (CIL), NLC India Limited (NLCIL), and Singareni Collieries Company Limited (SCCL), are actively implementing measures to ensure the sustainable utilisation of mine water for irrigation and community use. By repurposing excess mine water, these PSUs aim to reduce dependence on groundwater for irrigation, industrial, …
Introduced in the Budget 2024-25, the PM Internship Scheme (PMIS) aims to offer one crore internships at leading companies over the next 5 years. After receiving an overwhelming response of over 6 lakh applications in Round 1, Round 2 offers more than 1 lakh internship opportunities across 730+ districts in India, serving as a valuable …
India is in the crosshairs of former U.S. President Donald Trump’s latest trade war move, as the United States imposes a 26% tariff on Indian goods. This is part of a broader overhaul of global trade rules, replacing a system that has been in place for over 75 years. Trump’s new policy introduces a baseline …
Buying a car in Maharashtra may soon require more than just financial planning. The state government is working on a Certified Parking Area (CPA) policy that aims to tackle urban congestion by making parking space-proof mandatory for new car owners. This groundbreaking initiative is designed to reduce traffic jams, curb illegal parking, and promote better …
