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Bank credit growth slowed down to 16.8% in the October-December 2022 period from a year earlier, RBI data showed. This compares with 17.2% seen in the previous quarter, according to the quarterly statistics on bank deposits and credit, released by the Reserve Bank of India. A year earlier, credit growth …

The Archaeological Survey of India (ASI) stumbled upon a 1,300-year-old stupa right in the middle of a mining site in Odisha’s Jajpur district from where Khondalite stones were supplied for the beautification project around the 12th century Shree Jagannath Temple in Puri. “We have managed to unearth a Buddhist stupa …

The burgeoning problem of managing e-waste is a cross cutting and persisting challenge in an era of rapid urbanisation, digitalisation and population growth. The first set of e-waste Rules was notified in 2011 and came into effect in 2012. An important component of the Rules (2011) was the introduction of …

The One District One Product (ODOP) programme under Department of Commerce (DoC) and Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry is aimed at creating sustainable employment at the district level while promoting holistic socio-economic development. The idea is to select, brand, and promote …

In order to further the existing cooperation in the realm of maritime safety and security, IFC-IOR signed an MoU on 21 Feb 2023 with Regional Coordination Operations Centre (RCOC), Seychelles. IFC-IOR, hosted by the Indian Navy, was established by the Government of India at Gurugram on 22 Dec 2018 to …

The Foundational Literacy and Numeracy report was released by Dr Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM). The report was released at #TheIndiaDialog organised by Institute for Competitiveness and US-Asia Technology Management Center, Stanford University, on February 23 & 24, 2023. The second edition of the State of …

Over 60% of India’s 94.5 crore voters have linked their Aadhaar to their voter IDs, the Election Commission (EC) disclosed in a Right to Information response obtained by The Hindu. The total number of voters who have linked their Aadhaar is 56,90,83,090. Tripura, which went to the polls last week, had …

India’s research and development (R&D) expenditure-GDP ratio of 0.7% is very low when compared to major economies and is much below the world average of 1.8%. The main reason is the low investment in R&D by the corporate sector. While the corporate sector accounts for about two-thirds of gross domestic …

A five-judge Bench of the Supreme Court of India is presently hearing a set of cases popularly known as the “Maharashtra political controversy cases”. While questions have been raised about whether the situation is now fait accompli, and whether the Court can “turn the clock back” if it wanted to, the …

Transferring money to a relative studying or living in Singapore or receiving remittances from a family member working in the Southeast Asian city-state just got a whole lot simpler. On February 21, the Reserve Bank of India Governor, Shaktikanta Das, and the Monetary Authority of Singapore’s Managing Director, Ravi Menon, …