#newsindia

First made-in-India memory chip will be produced at Micron plant in Gujarat by year-end, South Korean firm Simmtech to collaborate: Ashwini Vaishnaw at Vibrant Gujarat Summit

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The first made-in-India memory chip will roll out from the Micron plant in Gujarat by the end of the year due to a successful agreement the state government struck with South Korean firm Simmtech. The company which produces high-layer printed circuit boards for semiconductors would establish operations to assist Micron’s semiconductor plant in Gujarat, union … Read more

NITI Aayog says 24.82 crore Indians have been lifted from multidimensional poverty in last 9 years, UP shows best performance

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India has made significant strides in terms of reducing poverty on a multidimensional level. As per the discussion paper released by NITI Aayog, there has been a remarkable decline from 29.17% in 2013-2014 to 11.28% in 2022-23. The numbers translate to approximately 24.82 crore people escaping poverty during this period. The data is based on the … Read more

India signs agreement with Argentina for lithium exploration and mining: Read details

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 The Government of India has entered into an agreement with Argentina for the exploration of lithium in the South American nation, as it seeks to delve into the supply of the rare element, which is crucial for the transformation towards an ‘environment-friendly’ future. Along with Chile and Bolivia, Argentina has more than half of the … Read more

Modi govt is determined to uproot terrorism: Amit Shah announces banning of 2 factions of Muslim Conference Jammu & Kashmir

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In another stringent action against terrorism in Jammu and Kashmir, the union government on 28 February banned two extremist organisations operating in Jammu and Kashmir, Muslim Conference Jammu and Kashmir (Sumji faction) and Muslim Conference Jammu & Kashmir (Bhat faction). The two groups have been declared as Unlawful Associations with immediate effect for a period of five … Read more

Every penny due for Karnataka given on time, no special grant recommended by Finance Commission

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In a push-back against allegations of fiscal bias against Congress-ruled Karnataka and non-provision of funds, Union Finance Minister Nirmala Sitharaman said on Sunday every penny due to the state is accounted for and was released on time. Speaking at an informal interaction organised by the Thinkers Forum here in the Karnataka capital, Sitharaman said, “The … Read more

Production Linked Incentive (PLI) Schemes resulted in over ₹1.03 lakh crore investment till November 2023, contributes to exports over ₹3.20 lakh crore

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Production Linked Incentive (PLI) Schemes launched by the Modi government has resulted in over Rs. 1.03 lakh crore of investment till November 2023, the Ministry of Commerce & Industry said on Wednesday, 17th January 2024. A statement issued by the ministry said that this has led to production/ sales of Rs. 8.61 lakh crore and … Read more

Focus on financial systems, along with Big Bang Reforms and simultaneous benefits to middle-class, economically weaker sections

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The double-digit inflation for many years is often listed as one of the most stellar achievements of Sonia Gandhi’s rule (2004 to 2014). Another double-digit achievement during her rule, that is often not given the due it deserves, is the home loan interest rates. The aspiring middle class was investing in buying a home for themselves. … Read more

RBI asks all agency banks dealing with govt transactions to remain open on 31 March Sunday on the union govt’s request

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The Reserve Bank of India on 20 March advised all banks dealing with government transactions to open their branches on 31st March, Sunday. The central bank issued the advisory to the agency banks at the request of the union government. The Government of India requested all agency banks to keep their branches dealing with government receipts and … Read more

In case of hung house, fresh elections can be held to elect new house for rest of the term

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The High-Level Committee on ‘One Nation One Election’ led by former President Ram Nath Kovind in its report recommended that in the event of a hung House, a no-confidence motion constitutes the new House, fresh elections may be held for the remainder of the five-year term. Where fresh elections are held for the House of … Read more

Why India needs to scrape away the whitewashing and look at the dark realities of its past

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On 12th March, the Ministry of Home Affairs declared that every year henceforth, the 17th of September will be observed as the ‘Hyderabad Liberation Day’. Noting that the erstwhile territory of Hyderabad did not get independence as the rest of India for 13 months after August 1947 and it was only on 17th September 1948 … Read more