New Delhi: According to the latest data from the KLEMS (Capital, Labour, Energy, Materials, Services) database published by the Reserve Bank of India (RBI), India’s employment landscape has seen substantial growth over recent years. The provisional estimates for the fiscal year 2023-24 reveal that employment in the country has surged to 64.33 crore, a notable…
New Delhi: The Economic Survey 2023-24, presented by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today, reveals a robust surge in patents and start-ups, reflecting a thriving knowledge and innovation-driven industrial ecosystem in India. According to the Survey, India has experienced a dramatic increase in patent filings, with the number…
New Delhi: In a significant step towards enhancing the social, educational, and economic empowerment of persons with disabilities, the Department of Empowerment of Persons with Disabilities (DEPwD) has signed 72 Memoranda of Understanding (MoUs) with private institutions and start-ups. The signing ceremony was presided over by Union Minister of Social Justice and Empowerment, Dr. Virendra…
Mumbai: A fire broke out on the Indian Naval Ship Brahmaputra, a multi-role frigate, on the evening of 21 July 2024 while the vessel was undergoing refit at the Naval Dockyard (ND), Mumbai. The blaze was quickly brought under control by the ship’s crew, with crucial assistance from firefighters at the Naval Dockyard and other ships…
New Delhi: Union Minister for Education Dharmendra Pradhan presided over the signing of a significant ‘Letter of Intent’ today between the Atal Innovation Mission (AIM) and the World Intellectual Property Organization (WIPO), a United Nations agency dedicated to supporting the world’s innovators and creators. The event, held in New Delhi, was attended by a distinguished…
New Delhi: The Economic Survey 2023-24, presented by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today, takes a critical view of the Western approach to tackling climate change and calls for developing countries to adopt a localized perspective. The survey emphasizes that a ‘one-size-fits-all’ strategy is inadequate and that developing…
New Delhi: The Reserve Bank of India’s (RBI) Financial Inclusion and Development Department has revealed that as of March 31, 2023, women-owned Micro, Small, and Medium Enterprises (MSMEs) account for 7.09% of the outstanding MSME credit of Scheduled Commercial Banks.
New Delhi: In a landmark initiative aligned with the Government of India’s green initiative and the National Green Hydrogen Mission, the Indian Navy and Indian Oil Corporation Limited (IOCL) have launched a pioneering project to test a Hydrogen Fuel Cell Bus. This collaboration marks a significant step toward the nation’s commitment to sustainable development and environmental…
New Delhi: India now boasts one of the largest unified electricity grids globally, with an impressive inter-regional transfer capacity of 1,18,740 megawatts (MW), according to the Economic Survey 2023-24. The survey was presented by Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, in Parliament today. The country’s transmission systems have significantly expanded, reaching 4,85,544…
New Delhi: The Ministry of New and Renewable Energy has announced the Scheme Guidelines for implementing ‘Incentives to DISCOMs’ under the PM-Surya Ghar: Muft Bijli Yojana. The guidelines, notified on July 18, 2024, outline the framework for a comprehensive initiative aimed at boosting rooftop solar capacity across the country. With a substantial outlay of Rs…
