New Delhi, October 4, 2024 (TBB Bureau):  The Union Ministry of Environment, Forest and Climate Change on Friday officially notified the Ecomark Rules as part of the ‘LiFE’ (Lifestyle for Environment) initiative, which was announced by Prime Minister Narendra Modi in 2021. This new framework, established on September 26, 2024, replaces the Ecomark scheme introduced in 1991, signifying a modern ...

New Delhi, October 4, 2024 (TBB Bureau): Finance Minister Nirmala Sitharaman on Friday said that India’s per capita income is projected to increase by at least $2,000 over the next five years, driven by overall economic growth. Speaking at the Kautilya Economic Conclave, organized by the Ministry of Finance in collaboration with the Institute of Economic Growth (IEG), Sitharaman highlighted ...

New Delhi, September 18, 2024 (TBB Bureau):  In a significant move aimed at securing the financial future of children, Finance Minister Nirmala Sitharaman on Wednesday launched the NPS Vatsalya scheme, allowing parents to open pension accounts for their children. Under the scheme, parents can easily subscribe to NPS Vatsalya online or by visiting a bank or post office. The account ...

New Delhi, September 17, 2024 (TBB Bureau): Wholesale inflation reached a four-month low of 1.31% in August, driven by falling prices of vegetables and fuel, despite significant increases in onion and potato prices, according to data released on Tuesday. This marks the second consecutive month of declining wholesale price index (WPI) inflation, following a peak of 3.43% in May. In ...

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 ...