India’s fiscal deficit for the financial year 2024-25 is projected to be 4.75% of GDP, according to a report by India Ratings and Research (Ind-Ra). The report also anticipates capital expenditure to reach ₹62,000 crore as the government continues its focus on infrastructure development. Sustained Fiscal Discipline Amid Economic Challenges Despite global economic
The Trinamool Congress (TMC), led by Mamata Banerjee, has openly opposed the INDIA Bloc’s parliamentary strategy, advocating for uninterrupted proceedings during the ongoing Winter Session of Parliament. The move underscores TMC’s focus on legislative productivity over disruptive tactics. A Different Stance Within the Opposition While the INDIA Bloc—an alliance
India’s ambitious space exploration program has reached a new milestone with the government’s approval of ISRO’s Shukrayaan mission to explore Venus. The mission underscores India’s growing capabilities in planetary exploration and its commitment to expanding the boundaries of space science. A Leap Toward Planetary Science Shukrayaan, ISRO’s first
In a significant step toward enhancing its strategic deterrence capabilities, India successfully tested a nuclear-capable ballistic missile from its indigenously developed submarine, INS Arihant. The test, conducted from the waters of the Indian Ocean, underscores the country’s growing defense capabilities and its commitment to securing maritime borders. A Key
Pakistan’s hosting of the 2025 ICC Champions Trophy faces significant uncertainty, with international cricket boards reportedly raising concerns over security and logistical issues. This development comes amidst strained geopolitical tensions and Pakistan’s cricketing infrastructure challenges. Not a BCCI-Driven Decision Contrary to earlier speculation, the
India has solidified its commitment to advancing global renewable energy by signing a $2 million project agreement with the International Solar Alliance (ISA). The collaboration aims to enhance solar energy adoption across member nations while promoting sustainable development. Focus on Solar Energy Expansion The agreement underscores India’s pivotal role in
The much-anticipated ₹102 crore Intelligent Traffic Management System (ITMS) in Pune has drawn sharp criticism from citizens and experts for exacerbating, rather than alleviating, traffic woes. Aimed at Better Traffic Flow Launched with the promise of streamlining city traffic, the ITMS was designed to manage traffic signals intelligently, reduce travel time, and improve
In a significant boost to the telecom sector, the Union Cabinet has approved a ₹30,000 crore reduction in bank guarantee requirements for telecom operators. The move aims to alleviate financial pressures and encourage growth in the sector. Relief for Struggling Telecom Operators The decision comes as part of the government’s continued efforts to support the […]
India’s tyre industry witnessed a 12% year-on-year (YoY) growth in exports during the first half of the financial year, with motorcycle tyres leading the segment, according to data from the Automotive Tyre Manufacturers Association (ATMA). Motorcycle Tyres Drive Export Surge Motorcycle tyres saw the highest demand among exported categories, reflecting India’s growing
The Indian Meteorological Department (IMD) has issued warnings of heavy rainfall across Tamil Nadu, prompting authorities to gear up for potential disruptions. The forecast predicts significant downpours in multiple districts, including Chennai, where preparations are underway to tackle waterlogging and ensure public safety. Weather Advisory and Preparedness According to