Flipkart and DPIIT Collaborate to Boost India’s Startup Ecosystem Introduction: A Strategic Collaboration to Foster Growth In a significant move to support India’s growing startup ecosystem, Flipkart, a leading e-commerce giant, has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) to promote and empower startups across the country. This collaboration is…
India’s Employment Growth and Unemployment Rate: A 7-Year Low India’s unemployment rate has significantly decreased to 3.2%, marking the lowest level in the past seven years. This development has been highlighted by the latest data released by the Ministry of Statistics and Programme Implementation. The drop in unemployment signifies a remarkable growth in employment opportunities,…
UPI Breaks Record in October with 16.58 Billion Transactions Worth ₹23.5 Trillion Introduction: UPI Sets a New Milestone In October 2024, India’s digital payment system, Unified Payments Interface (UPI), reached an all-time high with 16.58 billion transactions worth ₹23.5 trillion. This achievement marks a major milestone in India’s digital transformation and highlights the growing trust…
Centre Receives 28 Proposals from 23 States for New City Development Introduction to the Proposal for New City Development The Indian government has recently received 28 proposals from 23 states under its ambitious plan to develop new cities across the country. This initiative aims to create urban spaces that cater to the growing population and…
Piyush Goyal Launches ‘Ease of Doing Business’ Portal to Enhance Business Environment in India On November 29, 2024, Union Minister of Commerce and Industry, Piyush Goyal, launched a significant digital platform aimed at simplifying the ease of doing business in India. The newly launched ‘Ease of Doing Business Portal’ seeks to provide transparent, accessible, and…
India Joins Top 50 in Network Readiness Index 2024 India has achieved a significant milestone by securing a spot in the top 50 of the Network Readiness Index (NRI) 2024. This index, developed by the Portulans Institute, assesses the ability of countries to leverage information and communication technologies (ICTs) to drive economic growth, development, and…
Dr. Jitendra Singh Launches Vision Portal to Empower Underprivileged Youth Introduction: A Transformative Step for Empowering Youth Union Minister Dr. Jitendra Singh launched the Vision Portal, an innovative platform aimed at empowering underprivileged youth across India. This initiative is part of the government’s ongoing efforts to address socio-economic inequalities and enhance access to resources, skill…
PM Modi to Unveil Projects on Birsa Munda’s Birth Anniversary in Bihar On November 15, 2024, Prime Minister Narendra Modi is set to visit Bihar to mark the birth anniversary of tribal freedom fighter Birsa Munda. During this visit, the Prime Minister will unveil a series of significant projects aimed at honoring the legacy of…
PSBs Post Strong H1 FY25 Growth Driven by Reforms & Technology Public Sector Banks (PSBs) in India have reported significant growth in the first half (H1) of the fiscal year 2025, fueled by several key factors such as structural reforms, technological advancements, and improved operational efficiency. The robust performance of these banks marks a positive…
India Achieves Historic Rank in Global Patent Filings In a remarkable achievement, India has been ranked 6th globally in the World Intellectual Property Organization’s (WIPO) Patent Filings for 2023. This milestone showcases the country’s growing innovation ecosystem and its increasing contribution to global research and development. This achievement highlights India’s continued push toward becoming a…
