Union Finance Minister Nirmala Sitharaman called on India to defy Western influence while crafting its identity as “Brand Bharat.” Speaking at the India Ideas Conclave 2024 in Bengaluru, she highlighted the need for India to take charge of its narrative and ethical production
India’s foreign exchange reserves experienced a sharp decline of $17.76 billion, dropping to $657.89 billion for the week ending November 15, according to data released by the Reserve Bank of India (RBI) on Friday. This significant dip follows a $6.48 billion decrease in the prior week, where the reserves stood at $675.65 billion. The current […]
Central government employees might soon witness a significant increase in their salaries as the 8th Pay Commission is anticipated to bring a 186% hike in minimum wages. Reports suggest an announcement regarding the new pay commission could be made during Budget 2025-26. Significant Increase in Minimum Salary Currently, employees earn a minimum basic salary of […]
The Winter Session of Parliament, beginning Monday, will witness the introduction of five new bills, reflecting the government’s legislative priorities. The session is scheduled to run from November 27 to December 15, featuring 17 working days. Key Bills on the Agenda The proposed legislation spans a variety of critical issues, focusing on governance, reforms, and
India is likely to exceed its capital expenditure (capex) target of ₹11.1 trillion for fiscal year 2024-25, according to Economic Affairs Secretary Ajay Seth. Speaking at an event in New Delhi, Seth emphasized that while inflationary pressures exist due to food prices, the government remains confident in its growth projections of 6.5% to 7% for […]
IRDAI Chairman Debasish Panda has suggested the removal of Goods and Services Tax (GST) on health and life insurance premiums, highlighting the need for input tax credit mechanisms to ensure that policyholders benefit. Speaking at the Global Insurance Summit in Mumbai, Panda emphasized that the removal of GST should align with input tax credits to […]
India’s Defence Research and Development Organisation (DRDO) has successfully tested its long-range hypersonic missile, achieving an impressive speed of Mach 6. This groundbreaking trial marks a significant milestone in India’s defense capabilities and technological advancements in missile systems. The test was conducted at a classified location, where the missile
In a dramatic operation in the Arabian Sea, the Indian Coast Guard (ICG) successfully forced a Pakistani ship to release Indian fishermen it had captured. The incident, which unfolded over two hours, highlights the ICG’s commitment to safeguarding Indian maritime interests and ensuring the safety of its citizens. High-Stakes Operation The incident began when a […]
The Parliamentary Standing Committee on Defence convened in Chennai on Saturday to assess the Indian Coast Guard’s (ICG) performance in safeguarding India’s extensive maritime boundaries. Chaired by MP Radha Mohan Singh, the meeting included participation from senior officials of the Ministry of Defence (MoD) and ICG. Focus on Maritime Security The review