Amid allegations that new farm laws will end MSP regime, govt’s paddy procurement at MSP surges 23 per cent

While misled farmers, driven by the lies peddled by various opposition parties and the anti-Modi brigade, continue to protest, assuming that Modi government will ‘abolish MSP’ through its new farm laws, the central government’s ongoing paddy procurement has surged past the last year’s total procurement by more than 23 per cent. According to official data, the Food … Read more

Nifty touches an all-time high as PM Modi predicts historic win for BJP alliance

After Prime Minister Narendra Modi predicted a historic win for the BJP in the upcoming election and forecasted record highs for the stock markets on June 4, the benchmark Nifty index crossed the 22,800 mark for the first time during Thursday’s session. The Nifty index reached a new high of 22,852, while the Sensex surged … Read more

While China built high-speed rail track, Indian liberals blocked highways around Delhi: Here is how the economy is a national security issue

At long last, we hear of a thaw in the bitter India-China standoff that began last April in Eastern Ladakh. If we want, we can breathe a temporary sigh of relief. But how much relief? China remains dominant, untrustworthy and likely to strike at the next possible opportunity. We lost 20 precious lives at the … Read more

Now private sector banks can conduct government transactions, union government lifts embargo

Just days after Prime Minister Narendra Modi hailed the private sector, the union government has decided to lift a ban that was there on private sector banks from government transactions. In a major reform in the financial sector, the embargo on the grant of government business to private banks was lifted by the finance ministry. … Read more

Indian social media platform ShareChat eyeing to raise $200 million from Chinese tech giant Tencent

Made-in-India social media platform ShareChat is reportedly aiming at raising $200 million from Chinese technology giant Tencent via optionally convertible debentures. In view of the strict Foreign Direct Investment norms put by the Government of India last year after the Galwan Valley face-off between India and China, it is possible that the funding will be routed via a Europe-based … Read more

Farm to market: How Agri-startups are working to empower small and medium farmers in India

Prime Minister Narendra Modi in one of his speeches explained the dire need for Farm laws. He explained how the division of land or low landholding, lack of modern technology, lack of investment, and high-interest loans have plagued the agricultural sector of India. The Prime Minister emphasized the need to remove barriers for our farmers, create … Read more

World Bank revises India’s GDP growth forecast from 5.4% to 10.1% for the financial year 2024-25

The World Bank has recently increased its projections for India’s economic growth by 4.7 percentage points to 10.1 per cent for Financial Year 2024-25, citing a strong rebound in private consumption and investment growth. The latest estimate is significantly higher than the 5.4 per cent growth rate predicted by the World Bank in January this year. However, … Read more

Hailed by the world but ignored in India: PM Modi has taken India far ahead of most nations in tackling climate change

Modi has done more for the environment than any other PM in recent history. Unfortunately, most journalists and intellectuals do not give him due credit for it. Therefore, it is not surprising that almost all appreciation that Modi gets is from international bodies, including the World Economic Forum (WEF), specifically for the role he played … Read more

Adani announces deal with Flipkart for new data centre and logistics facility, ‘Ambani-Adani’ social media warriors now want to boycott Flipkart

The Adani Group and Indian e-commerce major Flipkart on Monday announced that they have entered into a strategic and commercial partnership. As per reports, Flipkart will work with Adani Logistics Limited to strengthen its supply infrastructure enhance its customer serving capacities. Adani Group’s chairman Gautam Adani announced on Twitter that in the two-prong partnership, AdaniConneX will … Read more

RBI approves Rs 2.11 lakh crore dividend transfer to govt of India: Here’s how RBI generates surplus and transfers dividend to Centre

On the 22nd of May, the Reserve Bank of India (RBI) declared a record dividend of Rs 2.11 lakh crore to the Government of India for fiscal year 2023-24. It was announced at the 608th meeting of the Reserve Bank of India’s Central Board of Directors, held today in Mumbai, chaired by Governor Shaktikanta Das. The RBI’s dividend … Read more