India has reached a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing its position as a global leader in renewable energy. This achievement marks a significant step toward realising the nation’s ambitious goal of 500 GW of non-fossil fuel-based energy capacity by 2030, as set by the NDA government. Unprecedented Growth …
In January 2025, Aadhaar holders conducted over 284 crore authentication transactions, underscoring the ongoing growth of India’s digital economy. This reflects the increasing importance of digital systems in the country. Growing Aadhar Authentication Transactions The number of authentication transactions in January 2025 saw a significant growth of more than 32% compared to January 2024, where …
OpenAI CEO Sam Altman, during his recent visit to New Delhi, praised India’s growing role in Artificial Intelligence (AI). He called India a major market for AI and highlighted its potential to become a global leader in the AI revolution. Altman acknowledged that India is OpenAI’s second-largest market and shared that the company had tripled …
The Indian Rupee is expected to register weekly losses, driven by Trump tariff concerns. However, as of 3:15 PM on February 7, 2025, the rupee gained some respite, with the USD/INR pair trading at 87.378, down 0.24% against its previous close. The pair has been on a rising trajectory throughout the week but managed to …
Luxury shopping is no longer confined to India’s major metropolitan cities. With the expansion of e-commerce, high-end brands are witnessing a surge in demand from smaller towns like Botad in Gujarat and Asansol in West Bengal. Consumers in these regions, previously overlooked by luxury retailers, are now actively purchasing premium products, marking a shift in …
The Employees’ Provident Fund Organisation (EPFO) has achieved a historic milestone by settling over 5.08 crore claims in the financial year 2024-25, surpassing the 4.45 crore claims settled in the previous year. The total claim amount processed stands at ₹2,05,932.49 crore, marking a substantial increase from ₹1,82,838.28 crore in FY 2023-24. Union Minister of Labour …
The Union Budget 2025-26, presented by the Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman, outlines several key amendments to the Goods and Services Tax (GST) laws. These changes aim to streamline trade processes, enhance compliance, and introduce new provisions related to taxation and penalties. Here is an overview of the major proposals. …
India, home to over 10.45 crore Scheduled Tribe (ST) individuals—comprising 8.6% of the total population—boasts a rich and diverse tribal heritage. Despite their significant presence, many tribal communities remain in remote and inaccessible regions, facing socio-economic challenges. Recognising this, the government has consistently prioritised their development. Under the leadership of Prime Minister Shri Narendra Modi, …
The Union Budget 2025-26 marks a transformative milestone for India’s power sector, with significant reforms aimed at driving growth and ensuring sustainable, resilient energy. Key initiatives focus on strengthening nuclear energy infrastructure, reducing reliance on conventional power sources, and boosting electric vehicle manufacturing. Power Sector Reforms for Sustainable Growth Union Minister Shri Manohar Lal highlighted …
On February 7, 2025, the Reserve Bank of India (RBI) announced a 25-basis point reduction in the repo rate. This decision aims to make borrowing cheaper, which can help boost economic growth. The cut is expected to bring down loan interest rates, benefiting homebuyers and other borrowers. The move comes amid a slowing economy, lower …
