Category: Breaking News

Varanasi, June , 2024 – In a significant move to support the agricultural community, Prime Minister Narendra Modi released ₹20,000 crore as part of the PM-KISAN income support scheme for more than 9.26 crore farmers. The amount was disbursed through Direct Benefit Transfer during the PM Kisan Samman Sammelan held in Varanasi today. This visit marks Prime Minister Modi’s first trip to his Lok Sabha constituency after assuming office for the third consecutive term. During the event, he released the 17th installment of the PM-KISAN scheme, which provides financial assistance…

Escalating tensions between India and China have negatively impacted Indian electronics manufacturers. The industry has incurred an estimated $15 billion in production losses due to the tensions. These tensions are estimated to be responsible for around 100,000 job cuts in the electronics manufacturing sector. Indian electronics manufacturers faces the heat with this issue. This comes amid protracted delays in issuing visas to Chinese citizens and government probes into Chinese companies operating in India. This is despite India setting up a mechanism to clear business visa applications within 10 days. The India…

TA Associates, a prominent global growth private equity firm, has made another exit move from the Indian market. This decision is noteworthy and invites analysis on several fronts—strategic, financial, and market implications. TA Associates is known for investing in profitable growth companies in targeted sectors such as technology, healthcare, financial services, consumer, and business services. Over the years, the firm has made significant investments in India, recognizing the country’s potential for high-growth opportunities. Private equity firm TA Associates has recently sold off a portfolio company in India after a seven-year…

Prime Minister Narendra Modi has returned to New Delhi following his highly successful participation in the G7 summit held in Italy, where he engaged in pivotal discussions with global leaders and emphasized India’s proactive role on the world stage. Here’s a detailed account of his visit and key outcomes: Significant Engagement at the G7 Summit: PM Modi’s presence at the G7 summit marked his first international visit after assuming office for the third consecutive term. He actively participated in discussions covering a wide array of global issues, including climate change,…

Indian Prime Minister Narendra Modi and Italian Prime Minister Mario Draghi shared a lighthearted moment at the G7 summit, capturing global attention with a selfie that underscored diplomatic relations and informal interactions among world leaders. The snapshot of Modi and Draghi, smiling in the midst of discussions at the G7 summit, highlighted the significance of international cooperation and bilateral ties between India and Italy. Meanwhile, on the domestic front, the Indian government has announced the upcoming disbursement of the Kisan Samman Nidhi on June 18. This installment of the scheme,…

Mohan Charan Mahji takes oath as CM Odisha: First BJP CM sworn-in; his deputies KV Singh Deo, Pravati Parida also take oath Bharatiya Janata Party (BJP) leaders, including Suresh Pujari, Rabinarayan Naik, Nityananda Gond, and Krushna Chandra Patra, took oath as ministers in Chief Minister Mohan Charan Majhi’s cabinet in Odisha in the presence of Prime Minister Narendra Modi. The oath-taking ceremony was held at Janata Maidan in Bhubaneswar, Odisha, on Wednesday. Mohan Charan Majhi also took the oath as Chief Minister of the state, leading the first BJP government…