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Outlook for India is one of cautious optimism, says the RBI report

The prospects of bumper rabi harvest and the outlook of an above normal monsoon would further strengthen rural consumption and is also likely to keep food inflation in check. Amid uncertainties in the global economy due to tariff wars and weak consumer sentiments, the Indian economy is exhibiting resilience with various high frequency indicators of […]

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RBI proposes relaxing rules for investments in AIFs

The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a […]

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US Targets Indian Travel Firms, Plans Visa Restrictions on Agencies for Aiding Illegal Immigration

The United States Department of State issued a statement announcing plans to impose visa restrictions on the travel agents aiding “illegal immigration” into the US. In a major announcement, the US State Department on Monday said that it is initiating action to impose visa restrictions on owners and senior officials of Indian travel agencies for […]

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Cash transactions are now under strict scrutiny by the Income Tax Department

Cash transactions are now under strict scrutiny by the Income Tax Department. In recent times, the Department along with various investment platforms like banks, mutual fund houses, and brokerage platforms, has imposed stricter regulations on cash transactions for the general public. These institutions now have set limits on cash transactions and anyone exceeding these limits […]

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Govt received 70 applications for electronic component manufacturing scheme, 80% from MSMEs

Vaishnaw said that while some of the big players have applied, there has been huge interest in the scheme from small and medium players. The Government has received 70 applications for Rs 23,000-crore electronics component manufacturing scheme and majority of applicants are small and medium enterprises, Union Minister, Ashwini Vaishnaw said. These applications have come […]

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World Telecommunication Day 2025

Bridging the Gender Gap in the Digital World Introduction: World Telecommunication and Information Society Day (WTISD) is celebrated annually on May 17 to mark the founding of the International Telecommunication Union (ITU) and the signing of the first International Telegraph Convention in 1865. The day aims to raise awareness about the possibilities that the use of the Internet and other information and communication […]

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After removing Turkey firm Celebi, India appoints Roseate Hotel group, Air India SATS for ground handling

Indian Government on late Thursday wasted no time in appointing the multi-crore hospitality major Bird Group (that manages a portfolio of Roseate hotels in UK and India) along with Air India as the two primary ground handling (GH) operators, hours after annulling the operations of controversial Turkey company Celebi. Further, according to late night discussion, […]

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Piyush Goyal holds meeting with electronics industry stakeholders on implementation of Quality Control Orders

Union Minister of Commerce and Industry, Piyush Goyal held a meeting in Delhi with key stakeholders from the electronics industry to deliberate on the implementation of horizontal Quality Control Orders (QCOs). The meeting aimed at strengthening consumer safety by ensuring better quality standards for electrical appliances across the country. In a social media post, the […]

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Complete land allotments in all MSME Parks in 30 days, Minister tells APIIC

APIIC, VC & MD, Abhishikt Kishore and other senior officials participated in the meeting held at the APIIC headquarters in Mangalagiri. Andhra Pradesh Minister for MSME, SERP and NRI Empowerment and Relations, Kondapalli Srinivas on Thursday reviewed the status of the proposed 175 MSME Parks across the State with focus on accelerating land allotment and […]

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5 big changes to Indian passports in 2025

Whether you are applying for a fresh passport or renewing an existing one, here are the five major changes Indian passports will see this year. Indian passports are getting a significant upgrade, with a mix of tech advancements and process updates aimed at making them more secure and efficient. From a mandatory Birth Certificate requirement to […]

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