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Indian Economy - Angel One

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India’s Coal Sector Shows Strong Growth Momentum in April 2025

2 May 2025

In the month of April 2025, India’s coal production and dispatch recorded consistent growth, underscoring the Ministry of Coal’s sustained efforts to ensure a reliable supply and operational resilience across the sector. Rising Coal Production and Dispatch As per the provisional data, the total coal production reached 81.57 million tonnes (MT) in April 2025, up …

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NPCI To Cut Response Time to Improve UPI Speed from June 16, 2025

2 May 2025

The National Payments Corporation of India (NPCI) has asked all banks and payment apps to reduce the response time for key UPI services. Starting June 16, 2025, all UPI transactions in India will become faster and more reliable. The goal is to improve user experience and reduce the delays people sometimes face while sending or receiving …

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Unified Pension Scheme Introduced for AIS Officers in Rajasthan: Is MP Next?

30 April 2025

The Unified Pension Scheme (UPS) has been implemented for All India Services (AIS) officers of the Rajasthan cadre, as per a notification issued by the Department of Personnel (DOP). This scheme will serve as an optional benefit under the existing National Pension System (NPS). The central government has introduced UPS as an alternative for NPS-covered …

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30 April Holiday: Check If Stock Markets and Banks Be Closed on Akshaya Tritiya 2025?

29 April 2025

Wondering if banks and stock markets will remain closed on Akshay Tritiya 2025? Let’s find out. Akshaya Tritiya is a very important and auspicious festival celebrated across India. It falls on the third day of Shukla Paksha and is considered a lucky day for starting new ventures and making big purchases, especially gold. Are Banks …

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Startups and MSMEs See 310% Growth in Patent Filings Over 5 Years

28 April 2025

India has witnessed a remarkable surge in patent filings by startups and MSMEs over the past 5 years. According to Mr. N. Ramchander, Joint Controller of the Controller General of Patents, Designs, and Trademarks, the number of patent filings by these enterprises has risen by an astounding 310%, from 1,492 in 2018-19 to 6,120 in …

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ITR Filing 2025: Delay in Notifying ITR Forms: Will the Deadline Be Extended? Here’s What You Should Know

28 April 2025

The Income Tax Department has delayed the release of ITR forms and utilities for Assessment Year 2025–26. Even though there haven’t been any big changes in the Finance Act 2024, the delay could be due to some internal work or technology updates within the department. They might be working to update the forms to match …

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Akshaya Tritiya 2025: Check Puja Mahurat, Significance & Gold Buying Tradition

26 April 2025

Akshaya Tritiya, also known as Akha Teej, is a significant Hindu festival symbolising wealth, prosperity, and new beginnings. In 2025, it will be observed on Wednesday, April 30. This sacred day falls on the third lunar day (Tritiya) of the Shukla Paksha in the month of Vaishakha. Akshaya Tritiya is one of those rare occasions where …

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India Achieves Record-Breaking Cargo Movement in Inland Water Transport

25 April 2025

India’s inland water transport (IWT) sector has achieved a major milestone with the Inland Waterways Authority of India (IWAI) reporting a record 145.5 million tonnes of cargo moved during the fiscal year 2024-25. This accomplishment highlights the success of sustained investments and policy measures aimed at improving the country’s inland waterway infrastructure. Additionally, the number …

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Feb 2025 Telecom Subscriber Data: Bharti Airtel and Reliance Jio Lead the Industry

25 April 2025

According to the Telecom Subscription Data from the Telecom Regulatory Authority of India (TRAI) for February 2025, Indian telecom service providers Bharti Airtel and Reliance Jio saw an increase in wireless subscribers, while Vodafone Idea (Vi) and the state-owned BSNL experienced a decline in subscribers during the same period. The total number of wireless subscribers …

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Government Reduces Revenue Share for Underground Coal Mining

25 April 2025

The Ministry of Coal has launched a transformative initiative aimed at revitalising India’s coal sector, with a special focus on underground mining.   This forward-looking policy package addresses long-standing challenges in the segment, such as high capital requirements and extended gestation periods, by offering a range of financial incentives and strategic reforms. The initiative aligns …

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