india

India’s foreign exchange reserves fell by $5.7 billion, standing at $634.59 billion for the week ending January 3, 2025, according to data from the Reserve Bank of India (RBI). However, the country’s gold reserves, part of its overall forex holdings, rose by $824 million to reach $67.1 billion. In line with its strategy to safeguard […]

Prime Minister Narendra Modi underscored the critical role of India’s youth in the nation’s journey towards becoming a developed country during the Viksit Bharat Young Leaders Dialogue at Bharat Mandapam, New Delhi. Speaking to a crowd of around 3,000 young leaders, the Prime Minister expressed his unwavering belief in the transformative power of India’s “Yuva […]

On January 10, the Central government disbursed a substantial Rs 1,73,030 crore in tax devolution to state governments, marking a significant increase from the previous installment of Rs 89,086 crore in December 2024. This move aims to support states in accelerating capital spending and financing essential development and welfare activities. Among the northeastern states, Assam […]

The Supreme Court (SC) has intensified its inquiry into the controversial remarks made by Allahabad High Court Justice Shekhar Kumar Yadav at an event organized by the Vishva Hindu Parishad (VHP). Weeks after the SC initially took note of the issue, the collegium, led by Chief Justice of India Sanjiv Khanna, has now requested a […]

Andhra Pradesh Chief Minister N. Chandrababu Naidu hailed Prime Minister Narendra Modi as a visionary global leader during a public meeting where Modi inaugurated development projects worth a staggering ₹2 lakh crore in the state. Addressing the gathering, Naidu emphasized Modi’s global influence, describing him as a leader admired far beyond India’s borders. “Prime Minister […]

The Ministry of Petroleum and Natural Gas has announced a significant expansion of India’s natural gas pipeline network by an additional 10,805 km, supplementing the existing 24,945 km operational infrastructure. This development is part of the National Gas Grid initiative, aimed at ensuring the uniform availability of natural gas across the country. As part of […]

Prime Minister Narendra Modi on Thursday launched the Pravasi Bharatiya Express, a special tourist train dedicated to the Indian diaspora, during the 18th Pravasi Bharatiya Divas (PBD) Convention in Bhubaneswar. The event, organised in collaboration with the Odisha government, celebrates the contributions of Indians abroad and fosters stronger connections with the diaspora. In his address, […]

The Enforcement Directorate (ED) has unearthed a massive Rs 10,000 crore illegal remittance racket involving 98 dummy partnership firms and 12 private limited companies, revealing a sophisticated network of financial fraud. Funds were illicitly routed to entities in Hong Kong, Singapore, and Thailand under the guise of freight charges, highlighting the extensive scale of the […]

The Indian government has appointed V Narayanan as the new Chairman of the Indian Space Research Organisation (ISRO) and Secretary of the Department of Space. He will take office on January 14, 2025, succeeding the current ISRO Chairman, S Somanath. This announcement was made through an official order issued by the Appointments Committee of the […]

Microsoft CEO Satya Nadella has unveiled plans for a $3 billion (approximately Rs 25,700 crore) investment to enhance the company’s cloud computing and artificial intelligence (AI) infrastructure in India. The announcement was made during a high-profile conference with startup founders and technology leaders, where Nadella underscored the pivotal role AI could play in shaping the […]