India’s Defence Exports Reach Rs 21,083 Crore in 2024-25 India’s defence exports have seen remarkable growth in recent years, reaching a significant milestone of Rs 21,083 crore in the financial year 2024-25. This achievement showcases India’s growing role as a global player in the defence sector. The surge in exports underscores the country’s strategic push…
India’s Forex Reserves Hit Record High of $692.3 Billion Introduction to Forex Reserves India’s foreign exchange (Forex) reserves have reached an unprecedented milestone of $692.3 billion, according to the Reserve Bank of India (RBI). This marks a significant increase from the previous week’s total of $690 billion. This surge in reserves can be attributed to…
Rajasthan Government Launches Scheme to Lure Investments The Rajasthan government has recently introduced a groundbreaking initiative aimed at boosting investments in the state. The scheme, designed to enhance the state’s business climate, aims to attract both domestic and foreign investors. With the objective of promoting economic growth and job creation, this initiative is a crucial…
Asian Development Bank’s $2.6 Billion Sovereign Lending to India in 2023 ADB’s Financial Commitment to India In 2023, the Asian Development Bank (ADB) pledged $2.6 billion in sovereign loans to India. These funds aim to support various sectors, including urban development, power, industry, horticulture, connectivity, and climate resilience. The goal is to bolster India’s infrastructure,…
Introduction: ADB’s Optimistic Outlook for India’s Economy The Asian Development Bank (ADB) has projected India’s Gross Domestic Product (GDP) to grow by 6.7% in the fiscal year 2025 (FY2025), as per its April 2025 Asian Development Outlook. This projection underscores India’s economic resilience amidst global uncertainties and highlights the country’s robust domestic demand and policy…
The East Coast Railway (ECoR) has created history by becoming the first railway zone in India to achieve 250 million tonnes (MT) of freight loading in the fiscal year 2024-25. This remarkable milestone highlights the efficiency and operational excellence of the zone, playing a crucial role in the country’s transportation sector. The achievement reinforces the…
Introduction: SEBI’s Impressive Financial Growth The Securities and Exchange Board of India (SEBI) has reported a significant rise in its total income for the fiscal year 2024-25. The financial watchdog recorded a 48% increase in its income, which surged to ₹2,075 crore, compared to ₹1,400 crore in FY 2022-23. This growth reflects SEBI’s efficient management…
India to Host the World Audio-Visual Entertainment Summit 2025 Introduction to the Summit In a significant development for the audio-visual sector, India has been selected to host the World Audio-Visual Entertainment Summit in 2025. This prestigious event will serve as a global platform for industry leaders, innovators, and policymakers to converge and discuss the future…
FDI Limit for Insurance Raised from 74% to 100%: A Boost to the Sector Introduction to the Change In a significant move, the Government of India has decided to raise the Foreign Direct Investment (FDI) limit for the insurance sector from 74% to 100%. This decision was announced during the Union Budget 2025-26, and it…
U.S. Tariffs on Mexico, Canada, and China Introduction to the Tariffs On February 1, 2025, U.S. President Donald Trump imposed tariffs on goods imported from Mexico, Canada, and China. The tariffs were introduced as part of the administration’s strategy to address illegal immigration and the growing issue of fentanyl trafficking. This action has raised concerns…
