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 …
US President Donald Trump will implement a series of reciprocal tariffs on what he refers to as “Liberation Day,” with an official announcement scheduled for 4 p.m. (local time) on Wednesday in the White House Rose Garden. These reciprocal tariffs are part of a broader set of import duties that President Trump has introduced since …
The Indian coal sector made significant development by surpassing cumulative production of 1 Billion Tonnes (BT) for the financial year 2024-25. This remarkable achievement has been backed by the relentless efforts of the Ministry of Coal to improve production, streamline dispatches, and bolster the nation’s energy security. Coal Production Cross I BT Mark After crossing …
The Sovereign Gold Bond (SGB) scheme, introduced in 2015, was a novel attempt by the Indian government to curb gold imports and reduce the country’s current account deficit. Over the years, the scheme attracted a significant number of investors seeking to benefit from gold price appreciation and regular interest income. However, what began as a strategic …
With the 8th Pay Commission set to take effect from January 1, 2026, a wave of concern has emerged among central government employees and pensioners. Speculations are rife that those retiring before this date may be deprived of key benefits. Government’s Clarification on 8th Pay Commission Benefits Finance Minister Nirmala Sitharaman promptly addressed the controversy …
Co-operative banks have long played a vital role in India’s financial inclusion story, especially in semi-urban and rural areas. However, their regulatory framework has often lagged behind that of commercial banks. Recognising this gap, the Government of India and the Reserve Bank of India (RBI) have introduced a slew of reforms over the last few …
