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AMITY UNIVERSITY, AIIA TO PROMOTE AYURVEDA RESEARCH AND EDUCATION

A significant Memorandum of Understanding (MoU) was signed between All India Institute of Ayurveda (AIIA), New Delhi and Amity University, Noida, to collaborate on education, research, and technology.

Forex reserves touch fresh high of USD 675 billion, rose over USD 50

India’s foreign exchange reserves have yet again touched their all-time high. During the week that ended on August 2, the reserves rose by USD 7.533 billion to USD 674.919 billion, achieving a fresh feat, RBI data showed on Friday.

Steel production soars to 144.3 mt in 2023-24

The Ministry of Steel has reported a significant increase in crude steel production, which reached 144.3 million tonnes (Mt) in the fiscal year 2023-24, compared to 109.14 Mt in 2019-20.

India fast-tracks coal infrastructure development to meet vision 2030

The Ministry of Coal has unveiled a comprehensive strategy aimed at fasttracking the development of critical logistics infrastructure.

MILESTONE ACHIEVED WITH COMPLETION OF 32 PROJECTS UNDER GOVT'S PLI SCHEME

Projects aim at promoting manufacturing of critical Key Starting Materials, Drug Intermediates and Active Pharmaceutical Ingredients

Ashwini Vaishnaw introduces Railways (Amendment) Bill, 2024 in Lok Sabha

Railways Minister Ashwini Vaishnaw on Friday introduced the Railways (Amendment) Bill, 2024 in Lok Sabha.

Cabinet approves Pradhan Mantri Awas Yojana-Urban 2.0 scheme

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 on Friday.

'USD 1 trillion goods export can be achieved before time if it grows 18%'

India could achieve the target of USD 1 trillion in merchandise exports a year in advance than it intends to, according to a PwC India report.

Over 1.4 lakh startups in; 67,499 have women directors

India’s startup ecosystem continues to thrive, with a significant milestone of over 1.4 lakh entities recognized as startups by the Department for Promotion of Industry and Internal Trade (DPIIT) as of June 30, 2024.

SBI projects GDP growth of 7 pc in FY25, lower than RBIS

The State Bank of India in a report projects that India’s real GDP will grow by 7.0 per cent year-on-year in FY25, which is slightly lower than the RBI’s forecast of 7.2 per cent.

NBCC gets Rs 15,000-cr order to develop township in Srinagar

The NBCC India a public sector enterprise received an order of Rs 15,000 crore on Friday to develop a township in Srinagar, Jammu & Kashmir.

CABINET APPROVES 8 BIG RAILWAY PROJECTS WORTH RS 24,657 CRORE

New projects are expected to cut down 767 crore kilograms of carbon dioxide which are equivalent to planting 30 crore trees

AAP to hold meeting to discuss Haryana, Delhi Assembly polls

The Aam Aadmi Party will on Thursday hold a meeting to discuss about the upcoming Haryana and Delhi Assembly polls, the party said.

Court orders video release to Atishi in defamation case

The Rouse Avenue court on Thursday directed complainant BJP leader Praveen Shankar Kapoor to supply the videos of the conference, a copy of the statement of witnesses to Delhi Minister Atishi by the next date. She is an accused in a defamation case filed by BJP leader Praveen Shankar Kapoor.

SC TO RULE ON SISODIA'S BAIL PLEA TODAY

The Supreme Court will deliver on August 9, an order on AAP leader Manish Sisodia’s petition challenging the Delhi High Court order rejecting his bail plea in the excise policy irregularities cases.

Kerala CM accuses Centre, Railways of evasion

Kerala Chief Minister Pinarayi Vijayan hit out at the central government after Railways Minister Ashwini Vaishnaw accused the state government of “not cooperating with railway development” and alleged the Centre and Railways Department of “evading responsibilities.”

VICE PRESIDENT DHANKHAR MOURNS THE LOSS OF CPI(M) VETERAN AND FORMER WB CM BUDDHADEB BHATTACHARJE

Vice President Jagdeep Dhankhar expressed grief over the passing away of former West Bengal Chief Minister and CPI (M) veteran Buddhadeb Bhattacharjee on Thursday and said that he had the benefit of receiving his wise statesmanship counsel.

MSMEs are backbone of economy: Gujarat CM Bhupendra Patel

The Indo-American Chamber of Commerce (IACC) launched its inaugural “IACC-MSME Centre of Excellence” on Thursday at the KCG auditorium, i-HUB campus in Ahmedabad.

Gujarat's green revolution: Farmers flourish with natural farming We have covered the whole

In the heart of Gujarat, a quiet agricultural revolution is taking place. Farmers, once reliant on chemical-laden farming, are turning to natural and innovative farming solutions and are reaping huge benefits of diversification.

PREMATURE TO TALK ABOUT US RECESSION BASED ON 1-MONTH DATA: RBI GOVERNOR

At the post-monetary policy press briefing, RBI Governor Shaktikanta Das said that GDP growth figures in the US are “doing well” and it was not right to rush to a conclusion that the country was slowly slipping into recession.

RBI: 7.2 pc GDP growth for 2024-25

RBI Governor Shaktikanta Das, says inflation will moderate from July onwards as the monsoon has improved and global food prices have shown signs of easing in July.

RBI sees a positive shift in FPI's flows in domestic market

While announcing the monetary policy, RBI Governor Shaktikanta Das noted a positive shift in foreign portfolio investment (FPI) flows, with USD 9.7 billion net inflows in domestic markets from June 2024.

'PREMATURE TO TALK ABOUT US RECESSION ON ONE-MONTH DATA'

RBI will be watchful of all incoming data, says RBI governor Shaktikanta Das

WEARABLE DEVICE MARKET IN INDIA DECLINES FIRST TIME 10%

India's wearable device market declined for the I'market de by 10 per cent year-over-year to 29.5 million units in the quarter of 2024.

MSMEs backbone of economy: Gujarat CM

The IndoAmerican Chamber of Commerce (IACC) launched its inaugural “IACC-MSME Centre of Excellence” on Thursday at the KCG auditorium, i-HUB campus in Ahmedabad.

Piyush Goyal asks footwear industry to aim $50 billion export by 2030

Union Commerce Minister Piyush Goyal, speaking at the India International Footwear Fair (IIFF) 2024 on Thursday, asked the footwear manufacturers to aim USD 50 billion export target by 2030.

Boilers Bill introduced in Rajya Sabha, new legislation to replace century-old law

The Boilers Bill 2024 was introduced in Rajya Sabha on Thursday by Union Minister for Commerce and Industry Piyush Goyal.

Lenders to share credit information on fortnightly basis instead of monthly from Jan 2025

The Reserve Bank of India (RBI) has reduced the mandated frequency of reporting of credit information by Credit Institutions to Credit Information Companies.

Fintech will transform income and wealth creation, says CEA

Emphasising the significance of the Fintech ecosystem, Chief Economic Advisor V Anantha Nageswaran on Thursday stated that the swift development of Fintech solutions will significantly transform income, savings, and wealth creation in India, ultimately contributing to social stability.

RBI KEEPS INTEREST RATE UNCHANGED FOR NINTH TIME IN A ROW

Four out of the six members of MPC voted in favour of the rate decision