(PIB) The Prime Minister Shri Narendra Modi addressed the Viksit Krishi Sankalp Abhiyan via videoconferencing today. Delivering his remarks on the occasion, he remarked that the launch of the Viksit Krishi Sankalp Abhiyan as a significant initiative for farmers and an unique effort to support agricultural development. The Prime Minister highlighted that as the monsoon approaches and preparations for the Kharif season begin, over the next 12 to 15 days, 2000 teams consisting of scientists, experts, officials, and progressive farmers will travel across 700+ districts and reach millions of farmers across villages. He extended his best wishes to all farmers…
Author: Aruna Sharma
(HT) Nissan Motor Corp.’s 15% global layoffs to shore up its fortunes after a failed merger with Japanese peer Honda Motor Corp. will not impact its business in India, where the carmaker aims to scale up sales by more than fourfold over the next two years. “There will not be any disruption to our teams here or our product plans in the country,” Nissan India managing director Saurabh Vatsa said on Wednesday during a virtual press meet. “We are on track to introduce new products and scale up growth in the market.” The maker of Magnite, a five-seater sport utility…
(HT) The government on Wednesday approved continuation of Modified Interest Subvention Scheme (MISS) for 2025-26 under which farmers get short-term credit at affordable rates through Kisan credit card (KCC). The decision regarding continuation of MISS for fiscal year 2025-26 with existing 1.5 per cent interest subvention was taken by the Union cabinet, informed information and broadcasting minister Ashwini Vaishnaw. The continuation of the scheme will cost exchequer ₹15,640 crore. MISS is a Central Sector Scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through KCC. Under MISS, farmers get short-term loans of up…
(HT) The Uttarakhand cabinet on Wednesday approved the Uttarakhand Yoga Policy, 2025 – the first yoga specific policy by any state — to make Uttarakhand a global hub for yoga and wellness. Under the policy, the state government will promote yoga tourism to establish Uttarakhand as an international centre of yoga and spirituality. Rules and guidelines will be formulated for yoga institutes to ensure quality. Yoga will be taken to the masses through awareness programmes and it will be included in the curriculum of schools and colleges in the state. Home secretary Shailesh Bagauli shared details of the decisions after…
(ET) Prime Minister Narendra Modi on Thursday laid the foundation stone for a city gas distribution (CGD) project worth Rs 1,010 crore in West Bengal’s Alipurduar district, asserting that the state’s development is essential for India’s journey towards becoming a developed nation. The project, which covers Alipurduar and neighbouring Cooch Behar districts, aims to provide piped natural gas (PNG) to more than 2.5 lakh households, as well as commercial and industrial users in the region. As part of the plan, around 19 compressed natural gas (CNG) stations will also be set up, in accordance with the minimum work programme targets.…
(HT) India and the US want to conclude bilateral trade talks for an interim deal by the third week of June that could not only revoke the 10% baseline tax already imposed by the Trump administration from April 5, but also annul the proposed 16% additional reciprocal tariffs on Indian goods that will come into effect from July 9, people familiar with the matter said. An early harvest deal—mostly related to reduction of tariffs on goods and elimination on non-tariff barriers—is expected to be finalised after the two negotiating teams meet in New Delhi next month, they added requesting anonymity.…
(HT) Union finance minister Nirmala Sitharaman on Wednesday directed public sector general insurance companies to ensure wider financial protection through more innovative products as general insurance penetration in India remains low at 1% of GDP compared to a global average of 4.2% in 2023. Insurance density has, however, improved steadily, increasing from $9 in 2019 to $25 in 2023, a finance ministry statement said. Sitharaman was chairing the review meeting of public sector general insurance companies (PSGICs) in New Delhi. The finance minister emphasised urgent need for digital transformation across PSGICs to improve service delivery and efficiency. This includes the…
(HT) Union home minister Amit Shah is set to visit Jammu for a security meeting on Thursday, people familiar with the matter said on Wednesday, adding that all chiefs of forces involved in the security of Amarnath Yatra have been told to visit Jammu & Kashmir to review the security deployment in the region amid a high alert in the wake of the terror attack in Pahalgam. This will be Shah’s first visit to J&K after Operation Sindoor and the second after the April 22 terror attack in Pahalgam. The annual Amarnath Yatra is scheduled to be held from July…
(HT) Maharashtra chief minister Devendra Fadnavis cleared the much-awaited master plan to redevelop Dharavi slums on Wednesday after an hour-long meeting with the stakeholders of the Dharavi Redevelopment Project Private Limited (DRPPL) who made a presentation. The master plan will serve as a strategic roadmap, guiding the planning and execution of this large-scale cluster redevelopment project, which will integrate residential, commercial and industrial spaces, within and beyond Dharavi. The space is being envisaged as an annexe to the finance and business hub of Bandra Kurla Complex (BKC), which is 5.5 kilometers from Dharavi. Dharavi spans 620 acres, of which 296…
(BS) NMDC Steel (NSL), one of India’s fastest-growing integrated steel producers, has reported a significant 179 per cent increase in revenue from operations for FY25, reflecting the successful ramp-up of its 3 MTPA steel plant in Nagarnar and its transition to commercial production. The company posted revenue of Rs 8,503.05 crore in FY25, a sharp rise from Rs 3,048.99 crore in FY24, marking its first full year of operations since the commencement of commercial production in August 2023. The surge signals NSL’s swift move towards steady-state output and growing market presence. In the fourth quarter of FY25, NSL recorded a…