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PMJDY marks 11 years with 560 million accounts, Rs.2.68 trillion deposits

New Delhi, Aug. 28 -- The Pradhan Mantri Jan Dhan Yojana (PMJDY) has facilitated the opening of 560 million bank accounts with deposits amounting to Rs.2.68 trillion over the last 11 years, Union fina... Read More


Indian industries show strong growth in output and jobs in FY24: Survey

New Delhi, Aug. 27 -- The productivity of Indian industries has shown a sharp rise despite economic challenges, with gross value added (GVA) of domestic factories jumping 11.9% to Rs.24.58 trillion in... Read More


Govt sets up top-level forum to streamline regulation, growth of pension sector

New Delhi, Aug. 27 -- The government has set up a high-level committee, the Forum for Regulatory Coordination and Development of Pension Products, bringing together top financial regulators and key mi... Read More


Centre allows one-time switch from unified pension to NPS for its employees

New Delhi, Aug. 25 -- The Centre has decided to allow its employees who have selected the Unified Pension Scheme (UPS) a one-time, one-way switch facility to the National Pension Scheme (NPS). The sw... Read More


Need new measures to make Unified Pension Scheme more attractive, says PFRDA chief

New Delhi, Aug. 25 -- The Pension Fund Regulatory and Development Authority (PFRDA) needs to bring in fresh measures to raise enrolments under the government's Unified Pension Scheme (UPS), chairman S... Read More


Govt sets sail Rs.70,000 cr mega financial package for shipping

New Delhi, Aug. 24 -- The government is set to unveil a Rs.70,000-crore financial package to attract investments in ship-building and repairs and also to promote domestic shipbuilding and enhancing po... Read More


Govt plans to blend isobutanol with diesel

India, Aug. 21 -- In a first, the government is considering a plan to introduce new-generation vehicles with flex-fuel engines that run on different combinations of diesel and isobutanol, a biofuel de... Read More


India, Saudi Arabia set up joint working group to deepen maritime ties

New Delhi, Aug. 20 -- India and Saudi Arabia look to deepen maritime ties by setting up a joint working group on shipping and logistics, the ministry of ports, shipping and waterways said on Wednesday... Read More


Ready mix: After adding ethanol in petrol, govt now plans to blend isobutanol with diesel to make cleaner fuel

New Delhi, Aug. 20 -- In a first, the government is considering a plan to introduce new-generation vehicles with flex-fuel engines that run on different combinations of diesel and isobutanol, a biofue... Read More


Revised bidding criteria for highways may disqualify one in four existing road developers in near term: Crisil

New Delhi, Aug. 19 -- The recent tightening of net worth norms for builders of hybrid annuity model (HAM) road projects could restrict one in four developers from bidding for such contracts in the nea... Read More