World Bank Approves ₹4,000 Crore for Jal Sanrakshit Haryana Project
In a major boost to water conservation and sustainable agriculture, the World Bank has approved a loan of ₹4,000 crore…
Government Revises FCRA Rules, Increases Penalties for Foreign-Funded NGOs
The Ministry of Home Affairs has introduced major changes to the Foreign Contribution (Regulation) Act (FCRA) rules, significantly increasing penalties…
PFC Raises $300 Million in Dollar Bonds, Becomes First NBFC to Use RBI’s Special Facility
Power Finance Corporation (PFC) has raised $300 million through a five-year dollar bond issue, becoming the first non-bank financial institution…
Kunal Shah Named WhatsApp Chief as Meta Invests $900 Million in CRED
The global technology industry, Meta has appointed CRED founder Kunal Shah as the new global head of WhatsApp. Alongside this…
NHAI Signs MoU with NCAER to Establish Transport Economics Research Centre
The National Highways Authority of India (NHAI) has signed a Memorandum of Understanding (MoU) with the National Council of Applied…
World Bank Approves $1.5 Billion for India: 11 Million New Jobs to Be Created
In a major boost to India’s economic growth and employment generation efforts, the World Bank has approved a financing package…
ADB and Schoolnet India will expand digital learning infrastructure across 30,000 government schools.
The Asian Development Bank has partnered with Schoolnet India Limited to improve learning outcomes in India through a $10 million…
SBI Mutual Fund IPO Gets Sebi Approval, ₹13,000 Crore Issue Likely Next Month
India’s largest asset management company, SBI Funds Management Ltd, has received approval from the market regulator for its proposed initial…
World Bank Approves $1.5 Billion for India! Big Push for Jobs, Reforms and Private Investment
The World Bank has approved a $1.5 billion financing package to support India’s structural reforms and promote private sector-led job…
IRDAI Proposes Allowing Insurers to Invest Up to 5% of Surplus Funds in Private Companies
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed significant changes to insurance investment regulations, allowing insurers to…
IRDAI Forms AI Working Group to Guide Insurers on AI Governance and Risk Management
The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a dedicated working group on Artificial Intelligence (AI) to…
RBI Revamps Lead Bank Scheme, Strengthens District Credit Planning Framework
The Reserve Bank of India (RBI) has issued revised guidelines for the Lead Bank Scheme (LBS), introducing significant changes to…
RBI Defers Revised KCC Directions to January 2027, Existing Rules to Continue
The Reserve Bank of India (RBI) has postponed the implementation of revised Kisan Credit Card (KCC) guidelines by six months,…
UAE Sets Minimum Social Media Age at 15, Mandates Strict Age Verification Checks
In a landmark move aimed at strengthening online child protection, the United Arab Emirates (UAE) has announced a minimum age…
France to Get Its First Traditional Hindu Temple Built with Indian Stones in September
France is set to witness a historic cultural milestone with the inauguration of its first traditional Hindu temple, built using…
Centre Approves ₹22 Crore Aid for Startups Under National Green Hydrogen Mission
The Central Government has approved ₹22 crore in financial assistance for nine startups under the National Green Hydrogen Mission (NGHM).…
Sarvam Becomes India’s 130th Unicorn After Raising $234 Million in Series B Funding
India’s artificial intelligence ecosystem has achieved another major milestone as Bengaluru-based AI startup Sarvam entered the unicorn club after raising…
IITM and ARIES Sign MoU to Establish Bharat Climate Observation Network Station in Himalayan Region
In a significant step towards strengthening India’s climate monitoring and climate research infrastructure, the Indian Institute of Tropical Meteorology (IITM),…
Government Approves 8.25% EPF Interest Rate for 2025-26; Interest Credit Likely This Month
In a major relief for millions of salaried employees across India, the Government of India has approved an 8.25 percent…
RBI Cancels Licence of Shree Mahalaxmi Urban Co-operative Credit Bank; 97.9% Depositors to Receive Full Refund
The Reserve Bank of India (RBI) has cancelled the banking licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank, citing…
Emirates NBD Acquires 60% Stake in RBL Bank Through ₹26,000 Crore Investment, India’s Largest Banking FDI
In one of the most significant developments in India’s banking industry, Emirates NBD has completed the acquisition of a majority…
IIT Delhi Tops India in QS World University Rankings 2027; 52 Indian Universities Feature Globally
India’s higher education sector has achieved another major milestone as the Indian Institute of Technology Delhi (IIT Delhi) emerged as…
Bengaluru Ranked 15th Globally as Startup Ecosystem Hits $152.8 Billion
Bengaluru has once again reinforced its status as India’s startup capital by securing the 15th position among the world’s leading…
Essar Power, Arham Get Nod for 2 New SEZs in Gujarat with ₹27,600 Crore Export Potential
Gujarat is set to strengthen its position as India’s leading export and manufacturing hub with the addition of two new…
Canara Bank Launches FCNR(B) Special Deposit Scheme for NRIs; Offers Up to 6.50% Interest
State-owned Canara Bank has launched a new FCNR(B) Special Deposit Scheme aimed at Non-Resident Indians (NRIs), offering attractive interest rates,…
Essar, IRH Global Sign $500 Million Crude Sourcing and Supply Facility to Strengthen Energy Security
The Essar Group and International Resources Holding (IRH) have signed a strategic agreement worth $500 million to strengthen crude sourcing…
RBI Eases Capital Norms on ECLGS 5.0 Loans with Lower Risk Weight; Banks Get Major Relief
The Reserve Bank of India (RBI) has announced a significant relaxation in capital requirements for loans covered under the Emergency…
UPI Goes Global! India Launches Digital Payments at France’s Iconic Galeries Lafayette in Nice
India’s digital payments revolution has achieved another milestone with the launch of the Unified Payments Interface (UPI) at Galeries Lafayette…
SpaceX Surpasses Amazon to Become World’s 5th Largest Stock; Valuation Hits $2.65 Trillion
Elon Musk-led SpaceX has achieved another historic milestone by surpassing Amazon in market value to become the world’s fifth-largest listed…
Lionel Messi Becomes Second Player to Score in Five FIFA World Cups, Joins Cristiano Ronaldo
Lionel Messi has added another extraordinary chapter to his legendary career by becoming only the second player in football history…