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New Delhi, Dec 17 (PTI) Opposition MPs Wednesday strongly pitched for sending the nuclear energy bill moved by the government to a parliamentary panel for wider consultations while members from the ruling coalition "wholeheartedly" supported the legislation saying it will prove helpful in making the country energy sufficient. Participating in the debate in Lok Sabha on the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, which seeks to open the tigh ...Read More >
State Bank of India has appointed Ravi Ranjan as its new managing director, effective December 15, 2025. Ranjan, previously a deputy managing director, will serve until his superannuation on September 30, 2028. The Central government made the appointment, and Ranjan is not disqualified from holding the position. State Bank of India has appointed Ravi Ranjan as its managing director with effect from December 15, 2025, India's largest public lender said in a regulatory filing on Monday. The appo ...Read More >
New Delhi, Dec 16 (PTI) The Lok Sabha on Tuesday passed a bill to raise FDI in the insurance sector to 100 per cent, with a view to providing insurance to all by 2047. Replying to a debate on the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, in the Lower House, Finance Minister Nirmala Sitharaman said higher FDI will attract more players in the industry and make insurance policies more affordable. "Monopoly doesn't give us that advantage, and therefore, the more the competi ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. Also Read | MI Team ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. "We want the regula ...Read More >
Kolkata, December 16: The Election Commission of India (ECI) will release the draft electoral rolls for West Bengal on Tuesday, December 16, as part of the Special Intensive Revision (SIR) 2026 exercise. The draft rolls, which include names proposed for deletion, will be available both online and offline for public verification. The SIR process in West Bengal began on November 4 and is part of a nationwide drive to update and clean voter lists ahead of upcoming elections. Booth Level Officers (B ...Read More >
New Delhi: State-run BEML Limited has announced to the exchanges that it has signed a strategic MoU with Sagarmala Finance Corporation Limited (SMFCL) to unlock dedicated financial support for India's domestic maritime manufacturing ecosystem. Sagarmala Finance Corporation Limited (SMFCL), is India's first maritime sector-specific Non-Banking Financial Company (NBFC). It was formally registered as an NBFC with the Reserve Bank of India (RBI) on June 19, 2025. SMFCL is a Mini Ratna Category-I ...Read More >
New Delhi, Nov 17 (SocialNews.XYZ) The Government has an objective to ensure the country's food security, provide nutritious food to the people, and ensure that farming remains a profitable business for farmers, Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan said on Monday. Addressing the gathering after inaugurating the Asian Seed Congress 2025, the Union Minister said that the Government has focused on setting a target to increase productivity per hectare, providing goo ...Read More >
New Delhi, Nov 17 (SocialNews.XYZ) India and the US are "nearing closure" of their talks for signing the first tranche of the proposed Bilateral Trade Agreement (BTA), Commerce Secretary Rajesh Agrawal indicated on Monday. Agrawal told journalists that the two countries have been holding regular virtual rounds of talks on the BTA. Although no formal deadlines can be set on the issue, the first stage of the trade talks is progressing swiftly, he added. US President Donald Trump sent positive si ...Read More >
New Delhi [India] November 14 (ANI): The Centre has begun a nationwide exploration campaign to identify critical mineral deposits to ramp up domestic supplies and stem dependency on imports, Union Mines Minister G Kishan Reddy told ANI today in an interview. He also mentioned that the government has brought all major exploration bodies together to begin work across the country. "All the organisations related to exploration have come together and we have started exploration across the entire cou ...Read More >
New Delhi (India), May 26: MicroNet, the leading annual maintenance contract service provider in Delhi NCR, is proud to announce its commitment to providing the highest quality products and services to customers across Delhi NCR. With a focus on highly advanced technology, MicroNet is renowned in the industry for its cost-effective and high-performance annual management contract services for a spectrum of industries. These features enable industries such as finance, production, telecommunicatio ...Read More >
NEW DELHI: Complying with earlier directions, the Chief Secretaries of States and Union Territories appeared before the SC and tendered an 'unconditional apology' for not filing a compliance affidavit on the menace of stray dog bites. Taking into record the appearance of the Chief Secretaries, a three-judge special bench of the apex court, headed by Justice Vikram Nath, comprising Justice Sandeep Mehta and Justice N V Anjaria, said it will pass appropriate directions on November 7 in the case. ...Read More >
New Delhi: During the flagship India Maritime Week 2025 (1MW 2025) held in Mumbai, Mazagon Dock Shipbuilders Limited (MDL), India's premier defence shipyard and a Navratna company under the Ministry of Defence, has signed an exclusive Teaming Agreement (TA) with Swan Defence and Heavy Industries Limited (SDHI), India's largest shipbuilding and heavy fabrication company, for collaboration in the design and construction of Landing Platform Docks (LPD5) for the Indian Navy. The Defence Acquisition ...Read More >
New Delhi [India], October 28 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Terms of Reference for the 8th Central Pay Commission, marking a key step in the process to review and revise the pay structure and service conditions of central government employees. According to an official release, the 8th Central Pay Commission will function as a temporary body comprising one Chairperson, one Part-Time Member, and one Member-Secretary. The Commission has ...Read More >
NEW DELHI: India's largest oil refiner and fuel retailer, IndianOil, on Monday said it will comply with international sanctions, without referring to the latest US curbs on Rosneft and Lukoil -- two of the largest Russian crude exporters."We will abide by all sanctions imposed by the international community," company chairman Arvinder Singh Sahney said but declined to specify whether IndianOil will stop buying discounted Russian crude.IndianOil is the second Indian refining entity after private ...Read More >
NEW DELHI: The department of financial services (DFS) in the finance ministry and govt's policy think tank Niti Aayog have no role in the investment decisions of LIC, and the investment guidelines of the state-owned company are governed by board-approved policies, officials said on Saturday, adding that the insurer's exposure to the Adani Group is far less than to other conglomerates. LIC's investment in the Tata Group is estimated at Rs 1.3 lakh crore, while the exposure to the Aditya Birla Gro ...Read More >
New Delhi: The Congress party on Saturday demanded that Parliament's Public Accounts Committee (PAC) investigate the Life Insurance Corporation of India (LIC) following a US media report alleging the public sector company made significant investments in Adani Group's securities after they suffered market losses. However, the LIC denied the allegations, calling them "false, baseless, and far from the truth." The opposition party's attack was spurred by a report in The Washington Post, which, ci ...Read More >
New Delhi, Oct 25: The Congress, on Saturday, demanded that Parliament's Public Accounts Committee (PAC) investigate the Life Insurance Corporation (LIC) following an US media report that the public sector company made huge investments in Adani Group's securities after they took a beating in the markets. However, the LIC denied the allegations as "false, baseless, and far from the truth". Congress general secretary in-charge of communications Jairam Ramesh alleged the savings of LIC's 30 crore ...Read More >
New Delhi: Reliance Industries Ltd, India's largest buyer of discounted Russian oil, plans to scale back imports following fresh US sanctions on Moscow-linked firms, dealing a significant blow to billionaire Mukesh Ambani's conglomerate. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 million ...Read More >
New Delhi, Oct 23 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd, India's biggest buyer of discounted Russian oil, plans to scale back imports of Russian crude oil following fresh US sanctions on Moscow-linked firms, sources said. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 mil ...Read More >
New Delhi, Oct 23 (PTI) US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now. Industry sources said public-sector units are assessing compliance risks but are unlikely to halt Russian crude flows immediately as they buy almost all of their needs from traders, mostly European (who are out of the sanctions net). Billionaire Mukesh Amban ...Read More >
Mumbai, Oct 20 (SocialNews.XYZ) Indian stock markets continued their upward momentum on Monday, with benchmark indices closing higher for the fourth straight session, supported by gains in banking, IT, and oil and gas stocks. The Sensex ended 411.18 points, or 0.49 per cent, higher at 84,363.37, while the Nifty advanced 133.30 points, or 0.52 per cent, to close at 25,843.15. "From a technical standpoint, Nifty's breakout above 25,660 has now been sustained for the second consecutive session, t ...Read More >
Vijayawada: The Andhra Pradesh Tenant Farmers' Association (APTFA) has strongly condemned the Central government's decision to increase fertiliser prices, calling it a severe blow to tenant and small farmers, who are already struggling under rising cultivation costs and poor returns. In a joint statement, Association's State president Y Radhakrishna and general secretary M Haribabu said that tenant farmers are facing mounting hardships due to multiple challenges such as high input costs, lack o ...Read More >
Officials at the launch of India's largest dredger, Dredge Godavari, at the Chochin Shipyard Limited on October 18, 2025 (Saturday). Dredge Godavari, India's largest dredger, owned by Visakhapatnam-based Dredging Corporation of India Limited (DCIL), was launched at the Cochin Shipyard Limited (CSL) by DCIL Chairman M. Angamuthu on October 18, 2025 (Saturday). Currently, the DCIL caters to 60 million cubic metres of dredging out of a total 120 million cubic metres. With the addition of Dredge G ...Read More >
MUMBAI : Emirates NBD Bank's decision to buy a controlling stake in RBL Bank for $3 billion is likely to see more global banks looking at having an India play. With the banking regulator likely to allow such transactions going forward, a floodgate of more such transactions will open up, say bankers and industry experts. On Saturday, Emirates NBD said it has entered into an agreement to acquire a 60% stake in RBL Bank for ₹26,850 crore. The transaction, which is subject to shareholder and regula ...Read More >
Bhubaneswar: The Odisha government has declared a holiday on Monday for all schools, colleges and state public universities on October 20 on account of Diwali festival across the state, except Nuapada district. The departments of School & Mass Education and Higher Education on Saturday issued circulars to the authorities concerned in this regard. The School and Mass Education department stated that all schools functioning under its administrative jurisdiction will remain closed in lieu of a lo ...Read More >
New Delhi, Oct 19 (PTI) The Congress on Sunday said foreign firms gradually being allowed to acquire Indian banks was "imprudent" as it poses substantial risks and recalled that the Jan Sangh had criticised then prime minister Indira Gandhi for not nationalising foreign banks in July 1969. Congress general secretary in-charge communications Jairam Ramesh's assertion came after Emirates NBD Bank, the second largest in the UAE, expressed interest in acquiring a majority 60 per cent stake in RBL B ...Read More >
Bihar Assembly Election: The Election Commission on Saturday announced paid holidays on voting days in Bihar, and warned employers who violate this legal provision of hefty fines. In a statement, the EC said voters in Bihar, which goes to polls next month, as well as voters in eight assembly constituencies across various states, where bypolls are being held on November 11, are entitled to paid holidays on polling days under provisions of the Representation of the People Act, 1951. "As per sect ...Read More >
New Delhi [India], October 17 (ANI): Sri Lankan Prime Minister Harini Amarasuriya on Friday said discussions with Prime Minister Narendra Modi included the longstanding fishermen's issue, describing it as "ongoing" and "sensitive" while stressing the need to protect livelihoods on both sides. Speaking to ANI after her meeting with PM Modi, Amarasuriya said, "That is an ongoing issue and something that needs to be discussed. We need to protect the livelihoods of our fishermen as well, but we und ...Read More >
New Delhi [India], October 17 (ANI): Prime Minister Narendra Modi on Friday met Sri Lankan counterpart Harini Amarasuriya and discussed education, women's empowerment, innovation, development cooperation, and the welfare of fishermen. In a post on X, PM Modi said, "Glad to welcome Prime Minister of Sri Lanka, Harini Amarasuriya. Our discussions covered a broad range of areas, including education, women's empowerment, innovation, development cooperation and welfare of our fishermen. As close nei ...Read More >
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