The Uttar Pradesh Government on Friday directed officials to ensure that the commercial operations of Noida International Airport begin by December this year. State Chief Secretary Durga Shankar Mishra issued these instructions following a review meeting with concerned officials and a physical inspection of the airport site in the Jewar area of Gautam Buddh Nagar….
The gross non-performing assets (NPAs) of commercial banks have decreased to twelve-year low of 2.8 percent in March 2024 and may decrease further to 2.5 percent by the end of the current fiscal year, according to the Reserve Bank of India’s (RBI) Financial Stability Report (FSR). The gross non-performing assets (GNPA) ratio of Scheduled Commercial…
The Ministry of Defence’s Innovations for Defence Excellence (iDEX) initiative marked a milestone today by signing its 350th contract with SpacePixxel Technologies Private Limited in New Delhi. This contract will lead to the creation of an advanced miniaturised satellite, designed to carry a range of payloads including electro-optical, infrared, synthetic aperture radar, and hyperspectral sensors,…
The provisional figures for Direct Tax collections in the Financial Year (FY) 2023-24 reveal that net collections have reached Rs. 19.58 lakh crore, marking a significant increase from the Rs. 16.64 lakh crore collected in FY 2022-23, which represents a growth of 17.70%. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget…
On the occasion of the 10th International Day of Yoga 2024, Airports Authority of India (AAI) officials at RHQ-NER gathered at the Community Hall of RHQ-NER, near Guwahati Airport, and participated in a one-hour Yoga practice session this morning. The event was inaugurated by Gian Batra, officiating RED-NER, who addressed the gathering with a short…
Fossil fuel consumption in India increased by 8% in 2023, accounting for nearly all the demand growth and maintaining a dominant share of 89% in the country’s overall energy consumption, according to a report by the Energy Institute (EI). The EI report, produced in collaboration with KPMG and Kearney, highlights that for the first time,…
To bolster greenery along the country’s arterial roads, the National Highways Authority of India (NHAI) has initiated a pioneering effort to cultivate Miyawaki plantations on land adjacent to National Highways in various regions. A total land area exceeding 53 acres has been earmarked at multiple locations in and around Delhi-NCR for establishing Miyawaki plantations. Preparation…
Madhya Pradesh is rapidly emerging as a premier destination for travelers seeking unique and enriching experiences. Often referred to as the “Heart of Incredible India,” the state offers a diverse array of attractions, making it a one-stop destination for adventure, history, culture, and spiritual exploration. Tourist arrivals in Madhya Pradesh tripled in 2023 compared to…
India will remain the fastest-growing major economy, recording a steady growth rate of 6.7 percent over the next three years, including the current financial year, according to a recent World Bank report. The report estimates India’s growth for the fiscal year 2023/24 (April 2023 to March 2024) at 8.2 percent, which is 1.9 percentage points…
The Technology Development Board (TDB) has announced financial assistance to M/s Krishigati Pvt. Ltd., Pune for their EV technology project. TDB comes under the Department of Science and Technology (DST). Titled as “Axle-Less Multipurpose Electric Vehicle for Modern and Precision Farming,” the project demonstrates a substantial step towards the indigenization of the technology for in…
