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NEW DELHI: Despite the setback in the IMF, where India failed to stop the multilateral agency from extending a loan of $2.4 billion to Pakistan, the Indian government would continue to oppose access of funding from these agencies. The Indian government is going to oppose the World Bank's decision to fund Pakistan's development programme when the matter comes up for discussion next month, a top government source told TNIE. The World Bank is likely to discuss a $20 billion lending package for Pakistan in June. The sources also said that the government will also press for inclusion of Pakistan in the Grey list of Financial Action Task Force (FATF), when a review comes up in September this year. Pakistan was removed from the FATF list in October 2022, helping it attract investments and avail overseas loans. Sources told TNIE that Pakistan could not meet the conditions for removal of the country from the grey list, yet it was removed from the list of countries on 'increased monitoring' for terror financing.
NEW DELHI: The Ministry of Statistics and Programme Implementation (MoSPI), in collaboration with NITI Aayog and the World Bank as knowledge partner, successfully hosted a two-day National Workshop on 'Using Alternate Data Sources and Frontier Technologies for Policy Making' at Bharat Mandapam, New Delhi on June 5-6, 2025. The event brought together over 450 participants, including government officials, statisticians, industry leaders, researchers, and representatives from multilateral organisations. The workshop focused on leveraging non-traditional data sources, including mobile phone recor ...Read More >
New Delhi, July 18 (MExN): Ministry of Tribal Affairs (MoTA) and Coal India Ltd (CIL) has partnered for improving the quality of education given to the tribal students in the state of Chhattisgarh. CIL will support 68 Eklavya Model Residential Schools (EMRS) in Chhattisgarh under its Corporate Social Responsibility (CSR), which will be benefiting more than 28000 tribal students, stated a PIB update. Ministry of Tribal Affairs, Government of India establishes EMRS to impart quality education to ST children thereby enabling them to avail of opportunities in higher and professional educational c ...Read More >
With uncertainty becoming a defining feature of the global landscape, the role of banks has become much more critical not just as custodians of savings but also as engines of growth, Finance Minister Nirmala Sitharaman said on Thursday. She noted that financial institutions play a crucial role in national infrastructure building and banks must maintain strong balance sheets to fund significant investments, meet the demand for credit, and provide innovative financial products and capital expenditu ...Read More >
Hyderabad, Sep 26 (PTI) The Telangana government on Friday said it aims to attract Rs 1 lakh crore in investments in the aerospace industry over the next five years. According to a press release, State Industries Minister Sridhar Babu chaired a special meeting at the secretariat with leading representatives from the aerospace sector, engaging in in-depth discussions on the future of aerospace development in the state. ...Read More >
New Delhi: Harvard University economist Kenneth Rogoff on Wednesday said the high tariffs on several countries, including India, and the steep H-1B visa fee hike imposed by the Trump administration will hold back the US economic growth. US President Donald Trump's decision to increase the application fee for H-1B visas is expected to impact Indian nationals, who accounted for almost 70 per cent of all such visas issued in the last few years. "The new visa rules were done in a very haphazard manner and not in a very thoughtful way. The visas for high-skilled workers should be given very liber ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global rare earth supplies. Brics is a group of 11 countries that was set up by Brazil, Russia, India, China and South Africa. Modi said it was important to make critical mineral supply chains reliable and ensure that no one country uses these resources for its own selfish gains or as a ...Read More >
Indore (Madhya Pradesh) [India] July 8 (ANI): Union Minister for Development of the North Eastern Region (DoNER), Jyotiraditya Scindia, on Monday highlighted the rapid progress being made in India's Northeastern states and reiterated Prime Minister Narendra Modi's 'resolve' to make the Northeastern region the 'growth engine' of India. Interacting with media on Monday in Indore, Scindia said, 'The Prime Minister's resolve is to make the Northeastern region the growth engine of India. The Government of India is working with that same resolve, based on which, whether it be social development or ...Read More >
BENGALURU, Oct 15 (Reuters) - The Indian city of Ahmedabad in the state of Gujarat has been recommended as the host city for the 2030 Centenary Commonwealth Games, the Commonwealth Sport Executive Board said on Wednesday. The board said it will propose Ahmedabad, also known as Amdavad, in the western Indian state of Gujarat, to the full Commonwealth Sport membership for approval at the General Assembly in Glasgow on November 26. The recommendation follows an evaluation process of candidate citi ...Read More >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled 'Using Alternate Data Sources and Frontier Technologies for Policy Making.' This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. According to the release, the Valedictory Session was graced by Prof. Ajay Kumar Sood, Principal Scientific Advisor (PSA) to GoI as the Chief Guest; Prof. Abhay K ...Read More >
Trinamool Congress MP Mahua Moitra criticized Prime Minister Narendra Modi during his international tour, questioning the effectiveness of India's diplomatic efforts in isolating Pakistan globally. Moitra commented on Modi's extensive traveling and expressed concerns about Pakistan's support from international organizations. As Prime Minister Narendra Modi embarked on a multi-nation tour, he faced critical remarks from Trinamool Congress MP Mahua Moitra, who questioned why India's diplomatic act ...Read More >
New Delhi, Jul 15 (PTI) The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India. "There are significant global headwinds like the twin shocks of geo-political tensions and trade ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, on Monday announced multiple initiatives by the Government to boost the waterways and maritime sector in the region. With an investment of 5,000 crores earmarked, the Union Government has drawn up major initiatives in this regard, a release from the Ministry of Ports, Shipping and Waterways said. As per the release, over the past 11 years, the Ministry of Ports, Shipping, and Waterways (MoPSW) has transformed India's maritime sector, achieving record growth in cargo handling, capacity, and co ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
New Delhi [India], September 2 (ANI): Waiel Awwad, West Asia Strategist and Journalist, said that the US saw the outcome of the Shanghai Cooperation Organisation (SCO) Summit as against its hegemony, and the US recognised its importance. Awwad, while talking to ANI, said that US President Donald Trump, therefore, sought his convenience and imposed 50 per cent tariffs on India. "So therefore, the United States, under tremendous pressure of President Trump, he might have come up with this statement only just to say that because of the development and because the outcome of this summit is again ...Read More >
Chandigarh: Equating Punjab's financial situation with countries like Pakistan, Sri Lanka, Bangladesh, and Nepal, which he said went bankrupt and approached the International Monetary Fund (IMF) seeking help, the BJP leader and former finance minister of Punjab, Manpreet Singh Badal, on Monday said instead of approaching the Centre for financial assistance, the Bhagwant Mann-led govt was a adopting a "confrontational" approach.Speaking during the mock session of Punjab vidhan sabha, organised by the Punjab BJP, Manpreet said: "When I look around, I see countries like Pakistan, Sri Lanka, Bangl ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) The Union government on Monday appointed Shirish Chandra Murmu as a Deputy Governor of the Reserve Bank of India for a tenure of three years. Murmu's appointment was approved by the Appointments Committee of the Union Cabinet and would come into effect from October 9. He will replace M. Rajeshwar Rao, whose extended service is set to end on October 8. Currently, he is serving as Executive Director at the RBI, looking after the Department of Supervision. As per the law, the RBI should have four Deputy Governors -- two from within the bank, one economist, an ...Read More >
India's Financial Intelligence Unit (FIU-IND) has taken decisive action against 25 offshore cryptocurrency exchanges, issuing compliance notices for failing to meet India's anti-money laundering (AML) requirements. The FIU confirmed that these platforms have not registered under the Prevention of Money Laundering Act (PMLA), 2002, a regulatory framework extended to Virtual Digital Asset (VDA) service providers since March 2023. According to officials, the exchanges were actively servicing Indian users without authorization, raising concerns over the potential misuse of digital assets for mone ...Read More >
Vijayawada: The Centre has consistently supported the development of Amaravati as a world-class capital, Andhra Pradesh BJP president P.V.N. Madhav said on Sunday, highlighting sustained financial and institutional backing since the state's bifurcation in 2014. He said the Union government, led by Narendra Modi, recognised the need for a new capital under the Andhra Pradesh Reorganisation Act, 2014 and extended continuous support. Soon after bifurcation, Rs 1,500 crore was released, followed by Rs 1,000 crore for infrastructure. Modi laid the foundation stone at Uddandarayunipalem in 2015, gi ...Read More >
New Delhi [India], June 8 (ANI): BJP MP Gulam Ali Khatana, who was part of the all-party parliamentary delegation to Europe, said that during their recently conclued visit they successfully communicated India's development story and its resolute stand against terrorism, particularly emanating from Pakistan. Highlighting the delegation's key discussions during the tour, Khatana told ANI, 'We discussed how we dismantled the terrorism factory in Pakistan by responding... We also talked about tourism infrastructure, G20 Summit, and projects like the six-lane roads, bridges, solar initiatives, our ...Read More >
New Delhi [India], October 16 (ANI): Reserve Bank of India (RBI) Governor Sanjay Malhotra shared a brief overview of India Digital Public Platform (DPP) ecosystem on the side-lines of the Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C. According to an official statement by RBI, a High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms was organised by the Reserve Bank of India on October 14, 2025, during the Annual Meetings. The dialogue aimed to share India experiences, learnings, and explore opportunities for internati ...Read More >
CHANDIGARH, April 2: Punjab Chief Minister Bhagwant Mann on Thursday responded sharply to BJP criticism over the blast outside its Chandigarh office, emphasizing that the city is a Union Territory under the Administrator, not the state government. The explosion, caused by a suspected crude device, occurred Wednesday evening, triggered panic, but caused no casualties. Mann accused BJP leaders of making "absurd" statements and blaming him for incidents in Chandigarh, highlighting the city's separate administrative status. On other issues, Mann defended the AAP's decision to replace MP Raghav Cha ...Read More >
Mumbai (Maharashtra) [India], July 4 (ANI): Shiv Sena (UBT) leader Aaditya Thackeray on Friday slammed the Centre for allegedly granting a nod to Pakistan to play the Hockey Asia Cup in India. Speaking to reporters, Thackeray said, "Hockey Asia Cup is going to be held in Bihar. The Union Ministry of Sports has given an NOC to Pakistan's team to participate in it. If no one objects, BCCI will soon grant permission to Pakistan to participate in the Cricket Asia Cup as well. Now, when we are fighting a country's terror ideology, the central government wants our players to play hockey against the ...Read More >
CHENNAI: India emerged as a key architect of the BRICS agenda -- driving local-currency trade, global governance reform, green investments, and digital regulation. These developments offer strong tailwinds for sectors spanning finance, infrastructure, technology, agriculture, and clean energy. With India set to assume BRICS Chairmanship in 2026, its businesses are well-positioned to capitalise on newfound opportunities. Following are some of the highlights from the Summit as far as such opportunities are concerned: National Currencies BRICS leaders, including India, endorsed increasing trad ...Read More >
New Delhi, Dec 11 (PTI) India's maritime sector is poised to play a transformative role in the country's vision of becoming world's third-largest economy, Vice President Jagdeep Dhankhar said Wednesday. Today, India stands as an emerging maritime powerhouse, strategically leveraging its geographical location and advanced infrastructure to spearhead global maritime initiatives, the Vice President said. "With the global blue economy projected to reach USD 6 trillion by 2030, India's maritime sector stands poised to play a transformative role in our emergence as the world's third-largest econom ...Read More >
NEW DELHI, May 23 (Reuters) - India will push the Financial Action Task Force (FATF), a global financial crime watchdog, to add arch-rival Pakistan to its "grey list", a top government source in New Delhi said on Friday. Pakistan was taken off the FATF grey list in 2022, boosting its reputation among lenders - which is essential for the crisis-hit economy. India will also oppose upcoming World Bank funding for Pakistan, amid renewed tensions between the two nuclear-armed neighbours, the government source said. Reporting by Aftab Ahmed, writing by Shilpa Jamkhandikar; Editing by Aidan Lewis ...Read More >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled "Using Alternate Data Sources and Frontier Technologies for Policy Making." This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. Also Read | UK Foreign Secretary David Lammy Meets PM Narendra Modi, Expresses Support for India's Fight Against Cross Border Terrorism (See Pics). According to ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Prime Minister Narendra Modi has emplaned for Namibia -- the final stop of his five-nation visit -- after wrapping up his State Visit to Brasilia where he met Brazil President Luiz Inacio Lula da Silva and also attended the 17th BRICS Summit in the Brazilian city of Rio de Janeiro. Taking to X, the PMO wrote: "PM @narendramodi has boarded for Namibia, the final destination of his tour" Also, External Affairs Ministry spokesperson Randir Jaiswal wrote on X: "PM @narendramodi concludes a productive visit to Brazil and emplanes for Namibia. A memorable visit t ...Read More >
Chennai: Madras high court has clarified that private self-financing medical colleges are required to pay only a stipend, and not a full salary, to in-service govt doctors pursuing postgraduate or super-specialty courses under the govt quota.A division bench of Justice R Subramanian and Justice K Surender passed the order while partly allowing a batch of appeals moved by Karpaga Vinayaga Medical College and others. They challenged a single judge's order that directed private colleges to pay salaries to in-service doctors studying in their institutions.The appeals were moved based on a GO dated ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Easy Ship fees by over 20 per cent for products priced below Rs 300. Easy Ship allows sellers to stor ...Read More >