THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 In a significant move to fortify the agricultural sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the Restructured Weather Based Crop Insurance Scheme (RWBCIS) till 2025-26. With an overall financial outlay of Rs 69,515.71 crore for the ...

New Delhi, November 29 (TBB Bureau): India’s economy recorded a robust Gross Domestic Product (GDP) growth rate of 5.4% in the second quarter (July-September) of the current financial year, according to data released by the Ministry of Statistics on Friday. Despite a marginal slowdown from the 6.7% growth seen in Q1 (April-June), India continues to outpace its global peers, maintaining ...

New Delhi, November 21, 2024 (TBB Bureau): The Central Government on Thursday launched the ‘Viksit Bharat Initiative for Student Innovation and Outreach Network’ (VISION) portal, a transformative platform designed to nurture education, skill development, and innovation among underprivileged children across India. Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, launched the portal in the national ...

New Delhi, November 12, 2024 (TBB Bureau): India’s industrial sector showed robust recovery in September with a 3.1% rise in the Index of Industrial Production (IIP), reversing a 0.1% contraction in August, as per data from the Ministry of Statistics released on Tuesday. The surge underscores renewed momentum in manufacturing, electricity generation, and mining, marking a significant step forward in ...

New Delhi, November 11, 2024 (TBB Bureau): Justice Sanjiv Khanna was sworn in today as the 51st Chief Justice of India (CJI), bringing with him a legacy of landmark judgments and a commitment to expediting justice delivery in the country. With his tenure set to conclude on May 13, 2025, Justice Khanna aims to leave an indelible mark on the ...

New Delhi, November 9, 2024 (TBB Bureau): India’s power sector is gearing up for unprecedented growth, driven by a surge in energy demand and ambitious renewable energy targets that are reshaping the country’s energy landscape. With projections indicating that India will see a greater increase in energy demand over the next decade than any other country, investments in the nation’s ...

New Delhi, November 9, 2024 (TBB Bureau): “The Ministry of Ports, Shipping & Waterways (MoPSW) remains dedicated to creating efficient, eco-friendly spaces that support sustainable practices benefiting both our communities and environment,” said Union Minister for Ports, Shipping & Waterways, Sarbananda Sonowal, highlighted the Ministry’s commitment to fostering a cleaner and more sustainable work environment. His statement followed the successful ...

New Delhi, October 24, 2024 (TBB Bureau): In a significant move for the Indian judiciary, the Central Government has officially appointed Justice Sanjiv Khanna as the next Chief Justice of India (CJI). This decision was confirmed through a notification from the Union Ministry of Law and Justice, which stated, “In exercise of the powers conferred by clause (2) of Article ...

New Delhi, October 24, 2024 (TBB Bureau): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a Rs 1,000 crore venture capital (VC) fund aimed at enhancing the Indian space sector and generating employment. The fund, to be managed by IN-SPACe, will be operational for up to five years and is expected to support startups ...

Bhubaneswar, October 17, 2024 (TBB Bureau): The Ministry of Education has launched the fifth phase of Yuva Sangam, an inspiring initiative under the Ek Bharat Shreshtha Bharat (EBSB) programme. This unique programme offers youth across India the opportunity to represent their respective states or Union Territories, fostering a deeper understanding of India’s cultural and regional diversity. Interested candidates, aged 18-30, ...