After a hiatus of 22 years, the Reserve Bank of India (RBI) has resumed the licensing of urban cooperative banks (UCBs). This significant move comes as part of the RBIs efforts to strengthen the banking sector and enhance financial inclusion
Mizoram, a state in northeastern India, has set an ambitious goal to contribute 1% to the countrys Gross Domestic Product (GDP) by the year 2047. This target was announced by Lalduhoma, the states Minister for Planning and Programme Implementation, during
India has announced an immediate ban on sugar exports, a decision that will remain in effect until September 2026. This measure is part of the governments efforts to manage domestic sugar prices and ensure adequate supply within the country. The
India has set an ambitious target for its defense production, aiming to reach a value of ₹3 lakh crore (approximately $36 billion) by the year 2029. This initiative is part of the governments broader strategy to enhance the countrys defense
India is preparing to manufacture tunnel boring machines domestically in response to potential restrictions on exports from China, according to Piyush Goyal, the Union Minister of Commerce and Industry. This strategic move is aimed at ensuring that India can maintain
Indias Minister of Commerce and Industry, Piyush Goyal, has reaffirmed the countrys longstanding position against the import of genetically modified (GM) products. During a recent event, Goyal emphasized that India has never permitted the importation of GM products and has
In a recent statement, renowned economist Jeffrey Sachs expressed optimism about Indias potential to become the worlds largest economy. He emphasized that this transformation is achievable if the country adheres to the right economic principles and policies. Sachs, who has
According to renowned economist Jeffrey D. Sachs, India is poised to become the worlds largest economy by the end of the century. Sachs, who is a prominent figure in the field of economics and has served as an advisor to
The Reserve Bank of India (RBI) has initiated three new surveys aimed at gauging inflation expectations and consumer confidence among the public. These surveys are part of the RBIs ongoing efforts to monitor economic conditions and inform its monetary policy
India is making significant strides in enhancing its national security through a focus on self-reliance in defense capabilities. The government has been actively promoting initiatives aimed at bolstering the countrys defense manufacturing sector, which is seen as crucial for achieving
