Tata Steel Ltd. said it had commissioned ‘India’s largest blast furnace’ at Kalinganagar, Odisha as part of the Phase II expansion its plant.
Category: Economy
Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA)
The Union Cabinet has approved the continuation of schemes of Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) to provide remunerative prices to farmers and to control price volatility of essential commodities for consumers. Key features The total financial outgo will Read More …
EPFO raised withdrawal limit from Rs 50,000 to Rs 1 lakh
The Employees’ Provident Fund Organisation (EPFO) has raised the withdrawal limit from Rs 50,000 to Rs 1 lakh.
Relative Economic Performance of Indian States: 1960-61 to 2023-24
A working paper titled titled ‘Relative Economic Performance of Indian States: 1960-61 to 2023-24’ was released by the Economic Advisory Council to the Prime Minister (EAC-PM). Key points
NPS Vatsalya scheme
Union Finance Minister Nirmala Sitharaman on September 18, 2024 launched the NPS Vatsalya scheme. Key features
Ammonium nitrate (AN) import
According to a recent news report, the sharp increase in import of ammonium nitrate (AN) from Russia has hit domestic fertilizer companies which are in the process of ramping up AN capacity with investment of over Rs. 4,000 crore. About Read More …
India’s first CO2-to-methanol pilot plant to come up in Pune
The Secretary to the Department of Science and Technology (DST), laid the foundation stone for India’s first CO2-to-methanol pilot plant at Thermax Limited in Pune, Maharashtra. Key points About Methanol
Govt notifies NaBFID as a public financial institution
The Government of India has notified the National Bank for Financing Infrastructure and Development (NaBFID) as a public financial institution under the Companies Act.
PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme
The Union Cabinet has approved the proposal of Ministry of Heavy Industries (MHI) for implementation of scheme titled ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme’ for promotion of electric mobility in the country.
Union Cabinet approves PM-eBus Sewa scheme
The Union Cabinet has approved the “PM-eBus Sewa-Payment Security Mechanism (PSM) Scheme.”
Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) completes five years
The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) has successfully completed five years of providing social security to land-holding small and marginal farmers (SMFs) across the country. About Pradhan Mantri Kisan Maandhan Yojana (PM-KMY)
Union Bank of India signs Partnership for Carbon Accounting Financials (PCAF)
Union Bank of India on 9 September announced its decision to become a signatory to the Partnership for Carbon Accounting Financials (PCAF). Partnership for Carbon Accounting Financials (PCAF)
India Development Update 2024
In its latest India Development Update (IDA), the World Bank has raised India’s 2024-25 GDP growth forecast for the economy to 7%, from 6.6% estimated earlier this year.
DICGC launches online tool ‘Daava Soochak’ for depositors to track their claim status
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has launched an online tool Daava Soochak for depositors to track their claim status. Deposit Insurance and Credit Guarantee Corporation (DICGC)
Asha Scholarship Program
The SBI Foundation has launched the 3rd edition of its Asha Scholarship Program, supporting 10,000 meritorious students from underprivileged backgrounds.