Economy National
India’s foreign exchange reserves saw a decline of $1.98 billion, bringing the total to $652.87 billion as of December 13, according to the Reserve Bank of India (RBI). The latest data highlights a decrease after recent gains in the reserves, underscoring the global economic pressures affecting India’s forex holdings. Components of Forex Reserves The reserves […]
Industry
The Solar Energy Corporation of India (SECI) has defended its decision to transfer a 2,333 MW renewable energy project from Azure Power to the Adani Group. The decision has sparked significant debate, with concerns raised about the transparency and fairness of the deal. Background on the Transfer The project, originally awarded to Azure Power, was […]
National
The Congress has dismissed the FIR filed against its leader Rahul Gandhi following an alleged scuffle in Parliament. The complaint, reportedly initiated by BJP MP Pratap Sarangi, accuses Gandhi of injuring two MPs during a heated exchange. Congress has labeled the move as a politically motivated attempt to discredit its leader. Allegations and the FIR […]
National
The Indian government has proposed a new bill aimed at regulating unregulated lending activities, ensuring greater transparency in the financial sector while safeguarding borrowers’ interests. This legislation comes amid growing concerns over exploitative practices in informal lending and unregulated financial institutions, which often leave borrowers vulnerable to
State News West India
The Maharashtra government has re-introduced the Anti-Urban Naxals Bill, signaling a firm commitment to counter the growing insurgency threat. The legislation, first proposed in 2018, aims to curb Naxal activities in urban areas by addressing support networks and sympathizers. Maharashtra Chief Minister Eknath Shinde emphasized the need for this legislation in light of the