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Saudi Arabia to use $110 billion natural gas field for Blue Hydrogen

Saudi Arabia will use the $110 billion Jafurah development project for manufacturing Blue Hydrogen. Read all you need to know.
Oct 25, 2021
Reserve Bank of India fines Paytm Payments Bank, Western union

RBI has imposed a penalty of Rs. 1 crore on the Paytm Payments Bank Limited (PPBL) and Rs. 27.78 lakh on the Western Union Financial Services for non-compliance with certain directions.
Oct 21, 2021
Centre to increase coal production to 2 million tonnes per day in a week

India Coal Crisis: Government is boosting its per day coal production from 1.94 million to 2 million tonnes within a week. Know key details.
Oct 14, 2021
Indian economy to grow at 9.5 percent, global economy at 5.9 percent in 2021: IMF

The International Monetary Fund has lowered its global growth projection for 2021 slightly to 5.9 percent, while it has kept its projection for 2022 unchanged at 4.9 percent.
Oct 13, 2021
Work to monetise Alliance Air, 3 other subsidiaries of Air India to start now, says DIPAM Secretary

Tuhin Kanta Pandey said that DIPAM will now get down to working out a plan for monetizing the subsidiaries of Air India which are with the special purpose vehicle AIAHL (Air India Assets Holding Limited) and setting off the liabilities.
Oct 13, 2021
Government accords ‘Maharatna’ status to Power Finance Corporation; List of Maharatna companies in India

The Maharatna status to the state-owned Power Finance Corporation (PFC) will impart enhanced powers to the board of PFC while taking the financial decisions.
Oct 13, 2021
India invited to become full-time member of IEA: Petroleum Minister Hardeep Singh Puri

If India accepts the proposal of being a full-time member of the International Energy Agency, it will need to raise strategic oil reserves to 90 days requirement. India's current strategic oil reserves equal 9.5 days of its requirement.
Oct 13, 2021
India’s economy to grow at 8.3 per cent in FY2021-22: World Bank

The World Bank report kept the growth projection of India unchanged at 8.3 per cent from its June forecast. Know why? Also, read key findings of the report and risks to the Indian economy.
Oct 8, 2021
Why is India facing a coal shortage? How will it impact power generation and industries?

Explained: Why is there coal shortage in India? How will it impact power generation and industries? What measures is the govt taking to tackle the coal shortage?
Oct 8, 2021
RBI Monetary Policy Statement: RBI retains real GDP growth at 9.5 percent in 2021-22, repo rate unchanged at 4%

The real GDP growth projection has been retained at 9.5 percent in 2021-22, which includes 7.9 percent in Q2, 6.8 percent in Q3 and 6.1 percent in Q4 of 2021-22. The real GDP growth for Q1:2022-23 is projected at 17.2 percent.
Oct 8, 2021
Forbes India Rich List 2021: Mukesh Ambani tops list, Gautam Adani second- Check full list of India's richest people

Forbes India Rich List 2021: While most of India's rich gained wealth during 2021, four pharma billionaires saw a fall in their wealth including Biocon's Kiran Mazumdar-Shaw, Reddy Family from Dr. Reddy's Laboratories, Aurobindo Pharma's P.V. Ramprasad Reddy and Lupin's Gupta Family.
Oct 8, 2021
PM-MITRA Parks: Cabinet approves setting up of 7 mega textile parks with outlay of Rs. 4,445 crores

Mega Integrated Textile Region and Apparel (PM-MITRA) Parks will offer an opportunity to create an integrated textile value chain right from weaving, spinning, printing, processing/dyeing to garment manufacturing in one place.
Oct 7, 2021
India, Australia resume negotiations of Comprehensive Economic Cooperation Agreement, to sign by end of 2022

India and Australia resume negotiations of Comprehensive Economic Cooperation Agreement during the 17th India-Australia Joint Ministerial Commission. Know key highlights.
Oct 1, 2021
DigiSaksham: Joint initiative by Labour Ministry and Microsoft to enhance employability of youth

DigiSaksham is Central Government’s joint initiative with Microsoft India and is an extension of the government’s ongoing programs to support the youth from rural and semi-urban areas.
Oct 1, 2021
India’s external debt rises by 2.1 per cent in FY21 – Know key details, what is debt-to-GDP ratio?

India’s external debt jumped by 2.1 per cent year-on-year to USD 570 billion as at March-end 2021. Know key developments relating to India’s external debt.
Oct 1, 2021

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