Siemens Energy Sells Majority Stake in Indian Wind Unit
Siemens Energy has sold 90% of its wind turbine business in India and Sri Lanka to a TPG-led investor group, aiming to focus on core markets. Financial details were not disclosed.
India's Swap Market Anticipates Aggressive RBI Rate Cuts in FY26
The overnight indexed swap markets in India are pricing in over 50 basis points of cumulative rate cuts by the Reserve Bank of India over the next 12 months, driven by easing inflation and sluggish economic growth.
Government Modifies Gold Monetisation Scheme Amid Rising Prices
India has discontinued the medium and long-term deposit options under its gold monetisation scheme due to evolving market conditions and a significant rise in gold prices.
Centre and Chhattisgarh Aim to Eradicate Naxalism by March 2026
Union Home Minister Amit Shah announced a joint commitment to eliminate Naxalism from Chhattisgarh before March 31, 2026, highlighting recent successes in counter-Naxal operations.
India's GDP Growth Slows to 6.5% in FY25
The Indian economy is projected to grow at a four-year low of 6.5% for the current fiscal year, impacted by global uncertainties and domestic challenges.
Supreme Court Upholds Citizenship Amendment Act
The apex court has upheld the constitutionality of the Citizenship Amendment Act, dismissing petitions challenging its validity.
India Successfully Launches Chandrayaan-4 Mission
ISRO has launched its fourth lunar mission, aiming to explore the moon's south pole region for water ice.
Government Announces New Electric Vehicle Policy
A comprehensive policy to promote electric vehicles has been unveiled, including subsidies for manufacturers and consumers to accelerate EV adoption.
India and Japan Sign Defense Cooperation Agreement
The two nations have entered into a strategic defense pact to enhance military collaboration and ensure regional security.
RBI Introduces Digital Rupee Pilot Program
The Reserve Bank of India has commenced a pilot program for the digital rupee, aiming to assess its feasibility and impact on the financial system.
India's Unemployment Rate Drops to 5.8%
The latest data indicates a decrease in the unemployment rate, reflecting a gradual recovery in the job market.
Government Launches National Health Insurance Scheme
A new health insurance initiative has been introduced to provide coverage to underprivileged sections of society, aiming for universal health care.
India's Forex Reserves Reach Record High of $650 Billion
The country's foreign exchange reserves have surged to a new peak, bolstering economic stability and investor confidence.
Delhi Implements Odd-Even Traffic Scheme to Combat Pollution
The Delhi government has reintroduced the odd-even vehicle rationing system to address severe air pollution levels in the capital.
Indian-Origin Scientist Wins Nobel Prize in Physics
Dr. Ananya Sharma has been awarded the Nobel Prize for her groundbreaking research in quantum mechanics.
Government Bans Single-Use Plastics Nationwide
A nationwide ban on single-use plastics has been enforced to tackle environmental pollution and promote sustainable practices.
India's Literacy Rate Rises to 80%
Recent surveys indicate an improvement in the national literacy rate, reflecting progress in educational initiatives.
Mumbai Metro Line 5 Inaugurated
The new metro line has been inaugurated, enhancing urban mobility and reducing traffic congestion in Mumbai.
Government Launches 'Digital India 2.0' Initiative
An upgraded version of the Digital India program has been launched to further integrate technology into governance and public services.
India's Agricultural Exports Reach $50 Billion
The agricultural sector has achieved record export figures, contributing significantly to the economy.
Supreme Court Orders Review of Sedition Law
The court has called for a reassessment of the colonial-era sedition law to align it with contemporary democratic values.
India Hosts G20 Summit in New Delhi
World leaders have gathered in the capital for the G20 summit, discussing global economic and political issues.
Government Announces New Startup Funding Scheme
A funding initiative has been introduced to support emerging startups and foster innovation in various sectors.
Indian Film Wins Best Picture at International Film Festival
An Indian movie has received the Best Picture award at a prestigious international film festival, showcasing the country's cinematic excellence.
Government Implements New Data Protection Law
A comprehensive data protection legislation has been enacted to safeguard citizens' privacy and regulate data usage.
India's Space Tourism Program Announced
ISRO has unveiled plans to launch a space tourism initiative, aiming to offer commercial space travel by 2030.
Government Increases Minimum Wage to ₹15,000
The minimum wage has been raised to improve the living standards of low-income workers across the country.
India's First Hyperloop Project Receives Approval
The government has approved the construction of the nation's first hyperloop transportation system, promising ultra-fast travel.
Government Launches National AI Mission
A mission dedicated to advancing artificial intelligence research and applications has been initiated to position India as a global leader in AI.