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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
The Delhi government has extended its current Electric Vehicle (EV) Policy by 3 months due to the complexity of proposals in the new draft. This decision came after a Cabinet meeting led by Chief Minister Rekha Gupta. The draft policy, called Delhi EV Policy 2.0, has been shared with automakers for their feedback. Why is …
Amid the interconnected and volatile global economy, the performance of major nations is being closely watched by investors, policymakers, and major financial institutions. As the world struggles with inflationary pressures, trade disputes, and geopolitical tensions, economic forecasts are being frequently revised to reflect shifting realities. Among these dynamics, India stands out—not just for its resilience, …
