The Department for Promotion of Industry and Internal Trade (DPIIT), in collaboration with Startup India and Stride Ventures, has officially announced the winner of the Bharat Startup Grand Challenge 2025. This initiative is designed to recognise and empower high-impact startups rooted in the Indian ecosystem. After receiving over 120 applications from 22 states in just …
India’s upstream oil and gas sector underwent a transformative phase prior to 2014 under the New Exploration Licensing Policy (NELP). Over the course of nine bidding rounds, the country successfully attracted investments exceeding ₹3,07,368 crore (approximately US$ 36 billion). These rounds collectively led to 177 oil and gas discoveries, marking a significant milestone in India’s …
India’s domestic aviation market has undergone a remarkable expansion. In 2024, the number of domestic air passengers surged to 22.81 crore, more than doubling the 10.38 crore passengers carried in the 65 years leading up to 2014. Between January and November 2024, domestic air travel recorded a 5.9% growth compared to the same period in …
Overnight Mutual Fund Schemes are low-risk options that invest in government securities for just one day. They are mainly used by stockbrokers and clearing members to safely invest client money. SEBI has now updated the cut-off timings for when the Net Asset Value (NAV) is applied during redemptions. The investments are always held in demat …
The process for setting up the 8th Central Pay Commission (CPC) has officially started. The Ministry of Finance, through its Department of Expenditure, released a circular on April 17, 2025, announcing 35 vacancies in the new commission. These positions will be filled on a deputation basis, meaning officials will temporarily work with the CPC and …
India witnessed a notable shift in foreign direct investment (FDI) patterns during the period of April 2024 to February 2025. Despite a rise in gross inflows, net FDI declined sharply, influenced by higher repatriation and an increase in outward investments by Indian firms. Recent data from the Reserve Bank of India (RBI) highlights the …
Artificial Intelligence (AI) is playing an increasingly pivotal role in reshaping India’s job market. According to the latest ‘Career Outlook Report 2025’ by TeamLease EdTech, more than 74% of employers intend to hire freshers in the first half of 2025, with AI-related roles leading this surge in demand. This trend aligns with the government’s …
The Atal Pension Yojana (APY), India’s flagship pension scheme aimed at providing financial security to the unorganised sector, registered 11.7 million new enrolments during the financial year 2024–25. According to the Pension Fund Regulatory and Development Authority (PFRDA), total gross enrolments under the scheme have now crossed the 76 million mark as of 31 …
The Gujarat government has introduced further relaxations to liquor licensing regulations within the Gujarat International Finance Tec-City (GIFT City), located between Ahmedabad and Gandhinagar along the Sabarmati River. This development aims to facilitate a more accessible and efficient environment for professionals and visitors without compromising legal supervision. Simplified Permit Procedure for Employees and Guests The …
In a significant step towards promoting sustainable urban mobility, the Maharashtra government has officially sanctioned a policy framework for the operation of bike taxis across the state. Announced on Monday, the new Guidelines emphasise environmental responsibility, safety, and improved last-mile connectivity. Focus on Safety, Inclusivity, and Electric Transition The new policy allows bike taxis to …
