The Ministry of Education has introduced the APAAR ID card, a digital identification card for students enrolled in both private and government institutions or universities across India. This card provides students with access to their academic records, degrees, and other relevant information online. The APAAR ID card serves as a permanent ID number that tracks …
India’s manufacturing sector is experiencing an exceptional transformation, backed by government policies aimed at strengthing the nation to global manufacturing leadership. At the heart of this revolution is the Production Linked Incentive (PLI) Scheme, a strategic initiative launched by the government to bolster innovation, improve efficiency, and boost competitiveness across key industries. A Vision for …
New Delhi, March 4 (IANS): India’s power consumption increased to 131.54 billion units (BU) in February this year, from 127.34 BU in the same month last year, according to official figures. The highest supply in a day to meet peak power demand also rose to 238.14 GW during the month compared to 222 GW in …
New Delhi [India], March 4 (ANI): The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector. The report highlights that NBFCs are deeply interconnected with banks, corporate bond markets, and mutual funds, which could amplify …
The government of India introduced the National Green Hydrogen Mission in January 2023 with a total outlay of ₹19,744 crores with an objective of achieving 5MMT of annual production capacity. It aims to achieve 100% self-sufficiency in energy production by 2047 and become a net-zero carbon-emitting country by 2070. Rising Demand for Heavy-Weight Trucks As …
Seoul, March 4 (IANS) LG Group Chairman Koo Kwang-mo visited India as part of the company’s broader strategies to seek new growth opportunities in the populous South Asian country, the company said on Tuesday. During his four-day stay in India, Koo met with employees and business leaders to evaluate the company’s competitiveness across the value …
New Delhi [India], March 4 (ANI): The Reserve Bank of India (RBI) will have to cut the Cash Reserve Ratio (CRR) to ease the prevailing liquidity pressure in the banking sector, according to a report by State Bank of India (SBI) research. The report highlighted that with unchanged ownership in government securities (G-secs) in the …
As per a report by the State Bank of India, ₹1.6 lakh crore worth of systemic liquidity deficit was observed in the Indian economy, with an average liquidity deficit estimated at ₹1.95 lakh crore at the end of February. This situation is a sharp downturn from the liquidity surplus observed by the banking industry in November …
According to a recent report released by the Union Bank of India, the Indian economy is on track to receive a significant boost in Q4FY25. The growth in the economy will be backed by the combination of sustained government spending, increased capital expenditure (Capex), and a seasonal upturn in consumption driven by the Maha-Kumbh and …
India’s GST revenue rose 9.1% YoY to ₹1.84 lakh crore in February, higher than January’s ₹1.77 lakh crore. Central GST stood at ₹36,100 crore, while states received ₹44,900 crore, reflecting strong tax compliance. GST Revenue Grows in February India’s Goods and Services Tax (GST) collections recorded a 9.1% year-on-year increase in February 2025, reaching ₹1.84 …
