Blog

25 Feb

Sajjan Jindal wins ‘Business Leader of the Decade’ for transforming JSW Group

Business BureauBusiness

Sajjan Jindal, Chairman of JSW Group, has been honored with the prestigious ‘Business Leader of the Decade’ award at the 15th AIMA Managing India Awards, recognizing his journey in shaping JSW into a global powerhouse. The award was presented in the presence of Union Minister of Education Dharmendra Pradhan and Minister of State for Commerce and Industry Jitin Prasada. Yezdi Nagporewalla, CEO of KPMG India, delivered the citation, applauding Jindal’s vision that has propelled JSW’s growth. Under Jindal’s leadership, JSW Group has doubled its revenues to $24 billion and nearly tripled its steel production capacity to 39 million tonnes annually.…

25 Feb

PM-KISAN’s 19th installment will give Rs 22.64 crore to Arunachal farmers

Banasree SarkarArunachal PradeshPM-KISAN

Prime Minister Narendra Modi stated during an event in Bhagalpur, Bihar, that farmers in Arunachal Pradesh would get Rs 22.64 crore as part of the 19th payment of the PM-Kisan Samman Nidhi Yojana (PM-KISAN). The announcement was a component of a broader national campaign, with counterpart events being held at Krishi Vigyan Kendras (KVKs) all over the nation. These featured displays that showcased sustainable agriculture methods, such as those that focused on Natural Farming, Organic Farming, and GI-tagged products. Alongside senior department officials, State Agriculture Minister Gabriel D. Wangsu participated electronically in the event. He praised the program's effect on…

24 Feb

M&M shares gain nearly 2% as Jefferies maintains ‘buy’ call, sees over 50% gain

Business CorrespondentBusiness, News

Shares of Mahindra & Mahindra surged in morning trade on February 24, recovering from a sharp 6 percent drop in the previous session to rise nearly 2 percent to Rs 2,712. The surge came after Jefferies reaffirmed its 'buy' rating, setting a target price that indicates significant upside from current levels. With a price target of Rs 4,075, the international brokerage estimates a staggering 52.6 percent upside potential from the last close of Rs 2,669 on the National Stock Exchange. M&M shares witnessed the biggest single-day fall in nearly 7 months during the previous session. Analysts at Jefferies view the…

24 Feb

Tripura starts using AI to identify tax evaders: CM

Sonakshi SarkarTripura

Tripura Chief Minister Manik Saha on Saturday said the state has been using artificial intelligence (AI) to identify tax evaders and will take action against them. While addressing GST 'Jaagrookta Abhiyan' at Prajna Bhavan, the chief minister said the tax collection plays a key role in accelerating development in the northeastern state. "Of the state's annual budget of Rs 27,800 crore in the 2024-25 financial year, its own revenue stands at Rs 3,700 crore. Only Rs 10,000 crore remained after meeting the non-plan expenditure- salary, pension, loan and interest of loan. The state needs to pay 25 per cent of…

24 Feb

NFR completes statutory inspection for electrification of Agartala-Sabroom section

Sonakshi SarkarTripura

The Northeast Frontier Railway (NFR) has completed the statutory inspection for electrification of the Agartala-Sabroom section, marking a significant milestone towards modernizing railway infrastructure in the Northeast. The inspection, conducted under the supervision of Principal Chief Electrical Engineer (PCEE) Sandeep Kumar, is a mandatory step before launching full-scale commercial operations under 25 KV electric traction. NFR had previously conducted a successful trial run of an electric train from Dharmanagar to Agartala on February 8. The electrification project aims to improve operational efficiency, reduce dependence on fossil fuels, and minimize environmental impact. NFR’s Chief Public Relations Officer (CPRO) Kapinjal Kishore Sharma…

24 Feb

100% Organic: Bhutan Pushes for Global Recognition in Eco-Farming

Sonakshi SarkarBHUTAN

Bhutan, known for its commitment to environmental sustainability, is expanding its organic farming initiatives to increase agricultural exports. The government has introduced policies to support farmers in transitioning to organic practices, including financial incentives and training programs. Bhutanese officials are also in talks with international markets to promote their organic produce, such as apples, oranges, and spices. The move aims to enhance food security, improve farmers’ incomes, and establish Bhutan as a leader in sustainable agriculture. By focusing on eco-friendly farming, Bhutan continues to set an example for green development worldwide.

24 Feb

16th Finance Commission delegation arrives in Aizawl to assess Mizoram’s needs

Sonakshi SarkarMizoram

A high-level delegation from the 16th Finance Commission, led by Chairman Arvind Panagariya, arrived in Aizawl on February 23 for a four-day visit to assess Mizoram’s fiscal needs and development priorities. Upon arrival, the delegation met Governor Vijay Kumar Singh, who highlighted the state’s financial constraints and urged the commission to consider Mizoram’s low revenue generation while making recommendations to the Central Government. During their visit, the Finance Commission will hold discussions with Chief Minister Lalduhoma and senior state officials at the Secretariat. Stakeholder consultations will include meetings with political parties, Autonomous District Councils (ADCs), local bodies, trade and industry…

24 Feb

Germany to Ban Petrol and Diesel Cars by 2035

Sonakshi Sarkarbreaking news

Germany has confirmed that it will ban the sale of petrol and diesel cars by 2035 to combat climate change. The government will invest in expanding charging infrastructure and providing incentives for electric vehicle purchases. Car manufacturers, including Volkswagen and BMW, have already committed to transitioning to fully electric fleets. The move aligns with the European Union’s carbon neutrality goals and is expected to reduce air pollution significantly. Environmentalists have welcomed the decision, while some industry leaders argue that a faster transition could disrupt the economy

24 Feb

Nepal Approves Winter Climbing Season for Mount Everest

Sonakshi SarkarNepal

Nepal has announced plans to permit climbers to summit Mount Everest during the winter season for the first time in history. Traditionally, Everest expeditions take place in spring and autumn, but with advanced weather forecasting and improved climbing gear, authorities believe winter ascents can be safe. This initiative aims to boost tourism and provide local Sherpas with more employment opportunities. However, climbers will face extreme cold and stronger winds, making the challenge even more dangerous. The government is implementing strict guidelines to ensure climbers are adequately prepared for winter conditions.

24 Feb

BSNL: Arunachal Pradesh will have mobile network connectivity by June

Banasree SarkarArunachal Pradesh

Every village in Arunachal Pradesh will have access to a mobile network once Bharat Sanchar Nigam Limited's (BSNL) 4G saturation project is finished by June 30, 2024. BSNL Arunachal Pradesh Business Area General Manager Saket Kr Verma provided the update at a recent Telecom Advisory Committee (TAC) meeting. He also discussed the state government's telecom plans, the difficulties in putting these projects into action, and the status of 4G rollout, notably in Border Outpost (BOP) locations. Member of Parliament Tapir Gao, who chaired the conference, emphasized the strategic value of telecommunication in border regions, describing it as essential for national…