Creative Bharat
Government sources had said that the hike of ₹50 per 14.2 kg LPG cylinder is likely to generate around ₹10,000 crore in FY26. The government is expected to mop up additional around ₹33,000 crore due to the ₹2 per litre hike in the excise duty of key auto fuels—diesel and petrol—last month. “With the recent […]
Vijayawada: Observing that Andhra Pradesh is one of the top states in gold purchases, chief minister N Chandrababu Naidu expressed concern that tax revenue was not proportionate to gold consumption. The chief minister called for AI-driven applications in each department to track tax evasion, and directed all revenue-earning departments to have dedicated AI teams. Naidu […]
The Centre’s Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the expansion of the Credit Guarantee Scheme for Startups (CGSS) which increases the ceiling on guarantee cover per borrower from Rs 10 crore to Rs 20 crore. The extent of guarantee cover provided has also been increased […]
The government has set foodgrain production target of 168.88 million tonnes (mt) for the kharif 2025 cropping season. This is up 1.5 per cent from the corresponding previous season’s output. Setting a higher production target, Agriculture Minister Shivraj Singh Chouhan on Thursday announced a fortnight long “Vikshit Krishi Sankalp Abhiyan” (developed agriculture resolve campaign) to […]
Experts, however, advise that India should retain the right to set and revise local content criteria, especially to prioritise domestic suppliers for national interest objectives | Photo Credit: MicroStockHub The UK hopes to gain a larger part of India’s government procurement business once the recently concluded India-UK free trade agreement (FTA) is implemented, as British […]
Fuel and Environment. istock photo for BL | Photo Credit: iStockphoto The Centre has approved an extra 28 lakh tonnes (lt) of rice for the ethanol programme, in addition to the 24 lt allocated earlier, bringing the total allocation to 52 lt for the 2024–25 ethanol supply year, which began in November 2024. However, the […]
The Department of Telecom on Monday issued stringent security norms mandating legal interception of satellite communication services and barred companies from linking connection of users in any form with any terminal or facility located outside the country’s border as well as processing of their data overseas. The security rules also mandate service providers to indigenise […]
M Nagaraju, Secretary, Department of Financial Services (file photo) | Photo Credit: ANI The government has reviewed the Supreme Court’s (SC) recent judgment quashing JSW Steel’s ₹19,700 crore acquisition of Bhushan Power and Steel Ltd, said Department of Financial Services (DFS) Secretary M Nagaraju. “We are studying the judgment and the possible course of action. […]
The Indian government has discussed with banks a court order that scrapped JSW Steel’s plan to acquire Bhushan Power and Steel, and is finalising a response, the secretary of the Department of Financial Services (DFS) under India’s Finance Ministry said on Monday. ‘I have already reviewed (the order) with all the lenders. We have taken […]
The Centre has instructed airlines to bolster passenger “amenities as well as handling protocols | Photo Credit: KRISHNAN VV The Centre has instituted a mechanism to look into the potential losses that India’s airline industry faces on the back of Pakistan’s decision to close its airspace for their operations, industry sources told businessline. Accordingly, the Ministry […]
