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A view of a steel plant. India’s core sectors’ output surged at a five-month high pace of 8.2% in June, as per data from the Commerce and Industry Ministry, led by a 21.9% spike in steel output | Photo Credit: The Hindu India’s core sectors’ output surged 8.2% in June, the fastest pace in five…
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The High Court of Bombay has recently taken suo motu cognisance of the exploitation of the intra-State workforce that migrates seasonally from the drought-affected and water-scarce regions of Marathwada to the sugar-belt region of western Maharashtra. Maharashtra is one of the top sugar producers in India. According to the Maharashtra Sugar Commissioner, in 2022-23, the…
Over six crore taxpayers had filed their income tax returns (ITRs) by Sunday evening, a day before the filing deadline, which the Income Tax Department termed a “new milestone” as this is significantly higher than the total returns filed by July 31, 2022. Nearly 26.8 lakh taxpayers filed their tax returns by 6:30 p.m. on…
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Union Minister Jyotiraditya Scindia said that government’s regional connectivity scheme (RCS), also known as UDAN, are being put up for bidding again. File | Photo Credit: Shiv Kumar Pushpakar Discontinued routes under the government’s regional connectivity scheme (RCS), also known as UDAN, are being put up for bidding again, Civil Aviation Minister Jyotiraditya Scindia said…
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The story so far: As part of the second phase of the design-linked incentive (DLI) scheme for the domestic semiconductor industry, the Indian government, according to media reports, is considering a proposal to pick an equity stake in domestic chip design-making companies. The modalities and the timing of the policy are yet to be worked…
Read More “Explained | Mapping India’s chip design ecosystem” »
Soon after a new Ministry to look after the cooperative sector was formed in 2021, the corridors of its old offices at Krishi Bhavan in Delhi’s Central Secretariat were filled with thousands of letters and postcards. Many handwritten, they had to be stuffed into gunny bags. All had the same request: a refund from the…
Read More “In Sahara saga, small investors find a new hope” »
The government’s biggest claim to success in aviation since 2014 is building “74 airports in seven years”, as opposed to the same number built in the seven decades since Independence. However, only 11 of these airports have actually been built from scratch, while 15 airports have fallen into disuse over this period, due to the…
Read More “Turbulence hits UDAN scheme, 50% routes grounded” »
Image used for representative purpose onl. | Photo Credit: DEEPAK KR Students will have to shell out more for hostel accommodation as a 12% GST would be applicable on the rent paid, the Authority of Advance Ruling said in two separate cases. The Bengaluru bench of the Authority of Advance Ruling (AAR) said hostels are…
Union Finance Minister Nirmala Sitharaman. | Photo Credit: Kamal Narang Finance Minister Nirmala Sitharaman on July 29 said the focus of the government is on four Is — infrastructure, investment, innovation and inclusiveness — to make India a developed nation by 2047. She said India has necessary wherewithal to meet the goal set by Prime…
Rice kept for sale at a retail outlet in Kochi, Kerala. | Photo Credit: K.K. Mustafah In the last couple of days, many panic-stricken Non-Resident Indians (NRIs) have thronged grocery stores and supermarkets in the United States to hoard bags of rice. Videos of people jostling to buy sona masuri rice (a lightweight and aromatic…
Read More “Data | Why India’s rice export ban impacts Asian and African nations the most” »