Bhubaneswar, September 17, 2024 (TBB Bureau): Prime Minister Narendra Modi inaugurated railway and national highway projects valued at over Rs 3,800 crore on Tuesday, commemorating 100 days of the NDA government 3.0. During his address, Modi launched the Odisha government’s ‘Subhadra Yojana,’ a financial assistance initiative aimed at empowering women, which he described as crucial for the state’s development. He ...

NEW DELHI, SEPTEMBER 16, 2024 (TBB BUREAU):  Finance Minister Nirmala Sitharaman is set to unveil the New Pension Scheme (NPS) ‘Vatsalya’ in New Delhi on September 18. The launch event will include participation from schoolchildren and will be mirrored by similar events at approximately 75 locations across India. Introduced in the Union Budget 2024, the ‘Vatsalya’ scheme enables parents to ...

Bhubaneswar, September 9, 2024 (TBB Bureau): Akhil Kumar Mishra, a distinguished officer from the 1999 batch of the Indian Information Service, has assumed the role of Additional Director General (ADG) of the Press Information Bureau (PIB) and the Central Bureau of Communication (CBC) in Bhubaneswar, under the Ministry of Information and Broadcasting. In addition to his primary responsibilities, Mishra will ...

New Delhi, September 3, 2024 (TBB Bureau):  The Indian economy continues to grow at a healthy pace despite challenging global conditions, according to the World Bank’s latest India Development Update: India’s Trade Opportunities in a Changing Global Context. However, to reach its $1 trillion merchandise exports goal by 2030, India must diversify its export basket and leverage global value chains. ...

New Delhi, August 28, 2024 (TBB Bureau):  The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved three major railway projects with a combined estimated cost of Rs 6,456 crore. The projects, undertaken by the Ministry of Railways, are slated for completion by the fiscal year 2028-29 and are expected to generate approximately 114 lakh ...

New Delhi, August 9, 2024 (TBB Bureau):  India’s steel industry has experienced a remarkable surge, with crude steel production skyrocketing by over 35 million tonnes in the last four years. Production rose from 109.14 million tonnes in 2019-20 to an impressive 144.30 million tonnes in 2023-24, the government revealed in Parliament on Friday. Minister of State for Steel and Heavy ...

New Delhi, August 8, 2024 (TBB Bureau): Union Minister of State (Independent Charge) for Science and Technology, Jitendra Singh, declared that the Bio-Economy and Space Economy will be central to India’s future growth during the launch of the ‘Impact Report 2024’ on the National Biopharma Mission. The event, held at the Dr. Ambedkar International Centre, marked a five-year milestone for ...

Mumbai, August 8, 2024 (TBB Bureau): The Reserve Bank of India (RBI) has decided to maintain its benchmark interest rate at 6.50% for the ninth consecutive policy meeting, underscoring its continued focus on curbing persistent food inflation and ensuring economic stability. In its latest announcement, the Monetary Policy Committee (MPC) — comprising three RBI officials and three external members — ...

THE sudden ouster of Sheikh Hasina as Bangladesh’s Prime Minister has sent shockwaves through the subcontinent, with implications that stretch far beyond the borders of this besieged nation. As the dust settles on the violent protests that led to her resignation, a stark reality emerges: the tremors of this political earthquake will be felt acutely in India’s corridors of power ...

New Delhi, August 2, 2024 (TBB Bureau): The volume of cargo transported through India’s inland waterways has soared more than six-fold from 18.07 million metric tonnes (MMT) in 2013-14 to 133.03 MMT in 2023-24, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal informed the Lok Sabha on Friday. Starting from FY 2014-15, the country’s waterways traffic has been rising ...