Progressive Financial News

NEW DELHI : A central scheme for states introduced during the early days of the covid-19 outbreak to provide interest-free capital-expenditure (capex) loans will now come with strings attached as the government attempts to nudge states to implement specific reforms. Out of the ₹80,000 crore earmarked this fiscal for the ‘Special Assistance to States for Capital Investment’ scheme, ₹40,000 crore has already been disbursed without conditions; of the rest, ₹30,000 crore will be disbursed only if states can show progress on reforms or present specific project proposals, two people aware of the plan said on condition of anonymity.

Narendra Modi will be in Johannesburg for the Brics leaders’ summit, starting today. The five-nation grouping will meet amid disagreements on expansion and a common currency. Questions persist over the bloc’s relevance, too.

NEW DELHI : India is confident of achieving closure on key issues ahead of the upcoming G20 Leaders’ Summit in New Delhi from 9 September. In an interview, Amitabh Kant, India’s G20 sherpa, spoke about the progress that India has made in its discussions around pushing for a higher quantum of climate financing around the world and how this can contribute to the better achievement of sustainable development goals. Kant also spoke about the role India’s digital public infrastructure (DPI) can play in building a better global financial institution and how India’s recent trade restrictions align with other major economies globally.

covid-19 pandemic. Artix seeks to cater to this new cohort to drive the future art market, with its annual art fairs. It is expected to travel to Mumbai, Hyderabad, Bengaluru, and Kolkata to further its ambitions.

My son got admission to college recently and I have paid his first semester fees. Now, I am planning to apply for a education loan for my son. However, will the loan cover the entire fees of the four-year graduation programme or are such loans disbursed separately for each semester? And if it is the latter, will I be eligible for the amount paid as fees for the first semester? —Naresh Khanchanda Generally, in India, education loans are approved for the entire duration of the course.

Mona Lisa was stolen. Leonardo da Vinci's Mona Lisa stands as an artistic marvel for several reasons. Not only is it one of the few remaining works by the Renaissance master, but its technical finesse surpasses that of his contemporaries from the same era.

India and the 10-nation bloc Asean on Monday said they have directed their officials to intensify their efforts to conclude the review of the existing free trade agreement in goods between the two regions by 2025. The issue was discussed during the twentieth AEM (Asean Economic Ministers)-India Consultation meeting, held at Semarang, Indonesia. According to a joint media statement, the meeting welcomed the progress of the review of the Asean-India Trade in Goods Agreement (AITIGA).

Prakash Raj, known for his roles in films like 'Wanted', 'Singham' & 'Dabangg 2', is facing a storm of criticism after sharing a social media post which seemingly mocked ex-ISRO Chief K Sivan ahead of the Chandrayaan-3 landing. Raj shared an image on X (formerly Twitter) that depicted a man humorously serving tea on the Moon, accompanied by the caption, «BREAKING NEWS: First picture coming from the Moon by #VikramLander Wowww #justasking.» The depiction of a man serving tea, while intended as a satirical reference, was perceived by many as a belittlement of the dedication and hard work of the scientists involved in India's historic lunar mission. The post drew massive backlash from users who felt that it was a disrespectful and sarcastic jab. Reacting to it, Congress MP Abhishek Singhvi wrote, «I condemn Prakash Raj for this shameful tweet. Success of ISRO is success of India.»

Here we are presenting the 10 most reliable crypto projects in India currently, according to their ranking: 1. Trillioner Coin (TLC) 2. Bybit India 3.

Storm Hilary on Sunday evening, saturating areas from the coastline to the inland mountains and deserts. This led to rescue operations in response to rising rivers and compelled some of the largest school districts in the country to cancel classes on Monday. Hilary caused intensified precipitation to the region, resulting in considerable rainfall in mountainous and desert locales. Some of these areas received over half of the average annual rainfall in just a single day. Notably, Palm Springs, a desert resort city, received nearly 3 inches of rainfall by Sunday evening. The storm's impact included the uprooting of trees and the triggering of mudslides in the San Diego vicinity. As President Joe Biden prepared to travel to Hawaii on Monday to assess the aftermath of devastating wildfires in Maui, he urged all individuals in the storm's path to exercise caution and adhere to the guidance provided by state and local authorities.

A dual survey of U.S. wealth management and asset management professionals shows a strong expectation of recession in the coming months.

Priya Hiranandani, Vandrevala, Co-Founder, Vandrevala Foundation. The patriarchal nature of our social structure does not only give women a raw deal. It sometimes affects men unfairly too. Mental health issues concerning women have progressed in conversation in recent years. However, the mental health issues in men deserve more attention than what they currently get. The general stereotypes like ‘men are tough’ and are able to withstand more pain and stress can shift the focus away from their psychological well being. Priya Hiranandani, Vandrevala, Co-Founder, Vandrevala Foundation, a non-profit offering free psychological counselling and crisis mediation through a 24x7 available helpline for anyone going through depression, trauma, mood disorders, chronic illness, and relationship conflict, to name a few, along with paid long-term therapy options, talks about why we need to move beyond the men-versus-women debate when it comes to mental health.

BPSC) recently invited applications for over 1.70 lakh primary, secondary, and higher secondary schoolteacher posts. While there was a tremendous response for schoolteacher posts, there were not many applicants for the higher secondary teacher jobs, according to a report in the Times of India. As per the report, in total, 8.15 lakh aspiring educators have applied for the total of 1.7 lakh positions.

₹5.60 lakh (ex-showroom), this special edition electric motorcycle serves as a homage to the Chandrayaan-3 mission and marks a tribute to India's remarkable space journey. The EV startup asserts that this latest model is a testament to their respect for India's space odyssey. Ultraviolette Automotive asserts that the F77 Space Edition draws its inspiration from India's progress in space research and technology.

Chandrayaan-3 on the south pole of Moon, former director of the Indian Space Research Organisation (ISRO) and in-charge of the previous lunar mission 'Chandrayaan-2', K Sivan on Monday said that the mission will be a «grand success». «It's a very anxious moment...I'm sure that this time it will be a grand success,» Sivan said while speaking to ANI. «We have our own system and we will be establishing a soft landing without any problem.

Uttar Pradesh's Meerut defied all odds to establish a Guinness World Record.Vikas Swami, who endured a life-altering bike accident in 2010, achieved this feat by lifting over 80kg with his mouth in a handstand position last month. This accomplishment follows his earlier entry into the Asia Book of Records in 2021, where he lifted an impressive 121 kg. Vikas Swami's journey has been nothing short of extraordinary.

RAPIDX corridor, with the completion of the viaduct between Duhai and Meerut South stations. As per a TOI report, National Capital Region Transport Corporation has compelted the viaduct, bridge that consists of a series of supporting an elevated railway or road, spanning approximately 25 kilometers on around 750 pillars. This achievement signals a step forward in the development of the corridor, which is set to enhance connectivity between Delhi and its neighboring regions.

leadership of Prime Minister Narendra Modi, has also begun and promoted the Startup India Initiative to help aspiring entrepreneurs. It has also launched various schemes to train as well as provide technical support, financial assistance, subsidies, and other services to budding entrepreneurs to fuel their growth and mark their presence in the market. PM Modi, in his recent Independence Day speech, explained that the MUDRA Yojana has enabled crores of citizens to become entrepreneurs with a budget of over 20 lakh crore rupees and thus also be job creators for others.

ageing has captivated humanity for centuries, sparking innovation and unorthodox methods in the pursuit of the elusive fountain of youth. From ancient remedies to modern scientific breakthroughs, the desire to reverse the clock on the ageing process has remained unwavering. Recent developments in medical science have given rise to promising treatments that claim to hold the key to rejuvenation.

Titan Company signed a Share Purchase Agreement with the Founder of CaratLane and his family members to acquire all the shares held by them representing 27.18% stake in the company for ₹4,621 crore. CaratLane is an unlisted private company engaged in the manufacture and sale of jewellery and is a subsidiary of Titan. Titan had first acquired a 62% stake in CaratLane in 2016 for ₹357.24 crore, and had subsequently raised its stake in the omni-channel jewellery retailer.

solar exports from Southeast Asia, saying the move will slow clean energy deployment and harm climate progress. “We’ve gone from toasting the anniversary of the Inflation Reduction Act and its positive impacts on America’s energy transition to lamenting the imposition of harmful solar tariffs that will severely constrict solar availability in the US,” Gregory Wetstone, president of the American Council on Renewable Energy, said Friday in an interview.