The hand and power tools industry serves as a critical backbone of global manufacturing, supporting essential sectors like construction, automotive, electronics, and infrastructure. In April 2025, NITI Aayog, in collaboration with the Foundation for Economic Development, released “Unlocking $25+ Billion Exports: India’s Hand & Power Tools Sector.” This report outlines a strategic plan to scale India’s …
The Bureau of Indian Standards (BIS), under the Government of India, has announced internship opportunities for 500 students from its partner institutions. The initiative aims to deepen academic engagement in the area of standardisation and was revealed during the Annual Convention of BIS Standardisation Chairs and Nodal Faculty of MoU Partner Institutions held recently. …
In a landmark move for India’s defence industry, the country has delivered the second battery of its supersonic BrahMos missile system to the Philippines. This significant development is not only a testament to India’s growing capabilities in defence manufacturing but also underscores its expanding role in global arms exports. The delivery is part of a …
The Ministry of Road Transport and Highways (MoRTH) has firmly refuted media reports suggesting the replacement of the FASTag system with satellite-based toll collection from 1 May 2025. In a recent statement, MoRTH, along with the National Highways Authority of India (NHAI), clarified that no such decision has been made regarding a nationwide shift to …
In a move to bolster digital banking security and boost customer trust, the Reserve Bank of India (RBI) has directed all Indian banks to shift their net banking platforms to a new, exclusive internet domain — “.bank.in” — by October 31, 2025. Strengthening Cybersecurity and Enhancing Digital Trust This step, originally announced on February 7, …
India’s young generation is independent, ambitious, and tech-savvy. But with this confidence comes a growing problem — many are defaulting on small personal loans, especially those under ₹50,000. Recent data from CRIF and the Digital Lenders Association of India (DLAI) shows that around 26% of these loans haven’t been repaid for more than 90 days, …
The BharatNet project is a flagship initiative by the Government of India, aimed at digitally empowering rural India by providing high-speed broadband connectivity to all Gram Panchayats (GPs). Recognised as one of the largest rural telecom projects globally, BharatNet is bridging the digital divide between urban and rural communities and laying the foundation for inclusive …
The Ministry of Home Affairs (MHA) has issued a high-priority alert warning citizens and authorities about a surge in fake ₹500 currency notes circulating in the market. This calls for a check in your wallet, whether you are carrying a counterfeited or fake ₹500 note. According per news reports, alerts have been issued to key …
Launched by Union Finance Minister Nirmala Sitharaman, the PM Internship Scheme aims to provide young individuals aged 21-24 years from low-income households with 12-month internship opportunities in the top 500 companies in India. Over the next 5 years, the PM Internship Scheme (PMIS) aims to offer 1 crore internships at leading companies. Round 2 of …
The Pradhan Mantri Jan Dhan Yojana (PMJDY) continues to redefine financial inclusion in India. As of April 2025, Jan Dhan deposits have touched a record ₹2.63 lakh crore, showing strong progress in expanding access to banking for all. A Record Rise in Deposits According to recent government data, Jan Dhan account deposits reached ₹2,63,145 crore …
