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Interim Budget: Real GDP projected to grow at 7.3% in FY 2023-24

A Summary of the Interim Union Budget 2024-25 * CAPITAL EXPENDITURE OUTLAY FOR THE NEXT YEAR IS BEING INCREASED BY 11.1 PER CENT TO RS 11,11,111 CRORE, WHICH WOULD BE 3.4 PER CENT OF THE GDP * FISCAL DEFICIT

INS Sumitra thwarts Somalian pirates` bid to hijack FV AI Naeemi

The Indian Naval Ship Sumitra has rescued Fishing Vessel (FV) Al Naeemi and her crew of 19 Pakistani nationals from 11 Somali Pirates. This is the second hijack attempt in two consecutive days as on January 28; earlier the Indian Navy had

Third successive year of 7+% growth: Economic Review

FY24 marks the third successive year of 7% plus strong growth of the Indian economy even as the global economy struggles to grow at more than 3%, the finance ministry has said. At this time of the year, the ministry tables the Econo

Ram temple inauguration begins a new epoch: Modi

Prime minister Narendra Modi performed the pran patishtha ceremony for the new idol of Lord Ram and with this inaugurated the new temple in Ayodhya. This, he said, was the beginning of a new epoch. The ceremony, during which the new

“India will become 3rd largest economy during my govt’s third term”

Prime minister Narendra Modi laid the foundation stone of eight AMRUT (Atal Mission for Rejuvenation and Urban Transformation) projects worth around Rs 2000 crores in Solapur, Maharashtra on Friday.  Dedicating to the nation more than 90,000

RWITC Lease Renewal: No construction; only theme park at Race Course land

After an open house meeting with members of Royal Western India Turf Club (RWITC) Thursday, Mumbai`s municipal commissioner and administrator, I S Chahal, has said that  no construction will take place on 120 acres of land proposed to be give

Wake-up call on Himalayan development

Several infrastructure projects in the Himalayan region have been affected by extreme weather conditions and disasters over the years. Not only are the Himalayas the youngest mountains in the world but geologically extremely sensitive and therefor

PM inaugurates Atal Setu in Mumbai

Prime minister Narendra Modi on Friday inaugurated ‘Atal Setu’, India’s longest sea bridge, in Mumbai, making it easier for thousands of commuters to commute between two parts of the mega city. Built at a cost of R

Speaker holds Shinde group as real Shiv Sena

Maharashtra assembly speaker Rahul Narvekar on Wednesday held that the chief minister Eknath Shinde led group is the real Shiv Sena political party and thus its MLAs cannot be disqualified. Holding that the Shinde-led faction was the origi

Global bodies upbeat about India`s economic growth: Modi

Prime minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar on Wednesday. The theme of this year’s summit is ‘Gateway to the Future’ and includes the participatio

Success story: Life on de-coaled land, an ecosystem approach

Striking a delicate balance between meeting the nation`s surging energy demands and upholding an unwavering commitment to environmental preservation, the coal sector has been playing a pioneering role in adopting progressive strategies for sustain

How Indian Railways plans to go green

As part of climate action, the Indian Railways aims to achieve achieve Mission Net Zero Carbon Emission by 2030. To support this goal, a memorandum of understanding (MoU) has been signed between India and the United States for International Develo

Why regulating AI is a daunting task

Artificial Intelligence (AI) has been around since the 1950s. Developments around it, till recently, were mostly limited to an informed few. However, the launch of ChatGpt and emergence of deep fakes (audio and video) made it to the headlines and

Indian toy industry: Imports down by 52%, exports up by 239%

The Indian toy industry has witnessed remarkable growth over the past decade. Between FY 2014-15 and FY 2022-23, imports have declined by 52%, there was a rise in exports by 239% and there has been improvement of overall quality of the toys availa

No property tax increase in 2023-24: BMC Commissioner

Issuing a statement regarding property tax payable by Mumbai residents, BMC administrator and commissioner I S Chahal has said that there is no property tax increase in the current financial year and clarified that actual property tax bills shall

First-of-its-kind treatment for Acute Lymphoblastic Leukemia developed

Tata Memorial Hospital, Mumbai, the Advanced Centre for Training Research and Education in Cancer (ACTREC), Navi Mumbai along with IDRS Labs, Bangalore have developed an oral suspension of 6-mercaptopurine (6-MP) in India. 6-MP is a chemotherapy d

Govt has saddled the country with Rs 200 lakh crore debt: Kharge

Hitting out at prime minister Narendra Modi, Congress president Mallikarjun Kharge said that it has saddled the country with a debt of Rs 200 lakh crore and atrocities against Dalits have increased during its rule. Funds for welfare schemes are cu

Mumbai think tank calls for study of traffic counts on upcoming mega projects

With infrastructure projects worth over Rs 75,000 crore slated to be commissioned in 2024, Mumbai Mobility Forum (MMF), a think tank consisting of transport and urban planners, architects, economists, engineers and civic activists in the city, has

Stealth guided missile destroyer INS Imphal commissioned

INS Imphal, a Project 15B stealth guided missile destroyer, has been commissioned into the Indian Navy in the presence of defence minister Rajnath Singh at an impressive ceremony held at the Naval Dockyard, Mumbai. The event marks the formal induc

Efforts on to make India adventure tourism hub

India has the potential to become a global hub of Indian adventure. The tourism ministry has made serious plans to make that a reality. The ministry organised the National Conference on Adventure Tourism December 18-19 at Ekta Nagar

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


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