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Union home ministry has revoked the Foreign Contribution Regulation Act (FCRA) licence of prominent think tank Indian Social Institute (ISI), citing alleged violation of rules, said officials. The institute, set up in 1951, critically analysed the National Education Policy 2020 in its journal, Social Action, published in 2023. Social Action is listed in the University Grants Commission Consortium for Academic Research and Ethics as an approved social science journal, as per ISI. When contacted, a representative from ISI declined to comment. The journal, on the topic of 'Peace and Conflict', published in 2023, discussed the ethnic violence in Manipur and «unresolved political aspirations of people in Kashmir and Nagaland».

On February 19, 2024, PNB MetLife India Insurance Company introduced the PMLI Small Cap Fund, a fresh addition to its Unit Linked Insurance Plan (ULIP) category. This newly launched fund presents policyholders with the prospect of accumulating wealth throughout the policy's duration by engaging in a varied equity portfolio, with a specific emphasis on small-cap enterprises. The unit price for this new fund is set at ₹10 during the new fund offer (NFO) period, spanning from February 19, 2024, to February 29, 2024.

Every new OpenAI announcement sparks awe and terror. Late last week, the maker of ChatGPT dropped its latest new gizmo, a text-to-video model called Sora that can create up to a minute of high-quality video. Cue a flood of remarkable AI clips going viral on social media, while stock video producers, filmmakers, actors and some startup founders likely fretted about their livelihoods.

₹20,000 crore per month. According to RBI, credit card spending among Indians rose to ₹1.65 trillion in December 2023 from ₹1.61 trillion in November. Macquarie Research says these cards were issued to drive volumes and never contributed much to profitability as margins were low.

₹10 trillion and ₹15 trillion would be needed, some estimates have suggested. That would be comparable to the government’s capital expenditure outlay for 2024-25 of ₹11.11 trillion. However, a recent note by Crisil Research, a ratings agency, stated that if the government implemented a wider MSP policy in 2022-23, it would have needed a working capital of ₹6 trillion.

₹708.69 crore from ₹576.41 crore for the next two years to enhance natural rubber production and productivity as well as reduce import dependency in the years to come, a senior official said on Monday. Under the scheme, the Rubber Board provides subsidies for new planting and replanting (of senile plantations) to growers. According to commerce ministry additional secretary Amardeep Singh Bhatia, the funds will be used for supporting the plantation of rubber, generation of planting material, productivity enhancement, formation of rubber producers' societies, and rubber research and training.

A U.S. shale boom that helped suppress oil-price surges over the past two years is waning. The country’s crude oil output is expected to increase by just 170,000 barrels a day in 2024 from last year, down from a jump of 1 million barrels a day in 2023, according to federal record-keepers.

The Biden administration says that the government would provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont

NPPs is not economically justified, while in others, it is impossible due to territorial features and the lack of power grids. In such cases, what Rosatom, the State Atomic Energy Corporation, offers for SMR NPPs may turn out to be the only right solution, according to Dr Dmitrii Samokhin, Head of the Nuclear Physics and Engineering department, Obninsk Institute for Nuclear Power Engineering of the National Research Nuclear University. Considering the list of sites in India for the potential placement of NPPs with a unit capacity of up to 300 MW, it becomes clear that there is a significant need, according to Samokhin. It may be pointed out that India and Russia are exploring SMRs as part of civil nuclear partnership The RITM-200 series SMR NPP is a pressurized water reactor (PWR). Its modifications are designed for nuclear icebreakers, land-based and floating SMR NPPs. The RITM-200 reactor was designed based on the experience of operation of SMRon Russian nuclear icebreakers (more than 400 reactor-years). Currently, eight RITM200 reactors are installed on the newest nuclear icebreakers Arktika, Sibir, Ural, and Yakutia. Six of them have been in operation on three icebreakers since 2020 and 2022. The technology has proven its effectiveness and maximum safety at all stages of the life cycle, including radioactive waste management.

Economist Peter Morici breaks down what the national debt is, why it ballooned to more than $34 trillion and what it means for Americans.

Sensex extended gains for the fifth straight session, with the latter ending at a fresh record high in a volatile market on Monday, led by financials, auto and energy stocks. The BSE benchmark Sensex rose 282 points or 0.39% to settle at 72,708. The broader NSE Nifty surged 81 points or 0.37% to end at 22,122.

BSE Midcap index closed with a gain of 0.29 per cent while the Smallcap index jumped 0.77 per cent. Also Read: Indian stock market: Why Nifty 50 index may touch record high this week — explained with 5 reasons The overall market capitalisation of the firms listed on the BSE rose to nearly ₹391.7 lakh crore from nearly ₹389.5 lakh crore in the previous session, making investors richer by about ₹2.2 lakh crore in a day.

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Air India and Tata Advanced Systems (TASL), are set to invest ₹2,300 crore in Karnataka, towards establishing a Maintenance Repair and Overhaul (MRO) facility in Bengaluru, envisioning the city as the aviation hub of South India, PTI reported on February 19. The investment is aimed at fostering economic growth and employment opportunities in the state, it added.

₹100 crore to add about two dozen laboratories for testing organic products as well as upgrade existing labs, two people aware of the development told Mint. The move is aimed at enhancing the quality of organic food available in the domestic market and ensuring better pricing for the country's 4.43 million organic farmers. This comes as a response to the rapid expansion of India's organic food market and the current limited capacity for testing organic products, said one of the persons cited above, who did not wish to be named.

talent passport' lets highly-skilled foreign workers live and work in France for an initial four-year period.

Trigger systematic investment plans (SIPs) allow individuals to adopt a tactical approach to investing. Such a strategy helps investors to enhance their SIP returns and reduce risks during market volatility. By setting triggers based on market conditions, such as specific price levels of the benchmark, investors can capitalise on the market opportunities and take advantage of market volatility.

Stock market today: Following a rally in the strong market, the Indian stock market ended higher for the fourth day in a row on Friday. The Nifty 50 index shot up 129 points and finished at 22,040 level, the BSE Sensex surged 376 points and closed at 72,426 mark while the Bank Nifty index ended 165 points up at 46,384 level. In the broad market, both small-cap and mid-cap indices outperformed the key benchmark indices even as the advance-decline ratio remained firm at 1.56:1.

telecom sector revenues are expected to surge 63% between FY16 and FY25 despite a broader consolidation that shrank the field from more than 10 private mobile operators to just three. Revenues stood at ₹1.7 lakh crore in FY16 with the sector having more than 10 private companies. This was before Reliance Jio made its debut the following year. Revenues are expected to touch ₹2.78 lakh crore in FY25 in an industry comprising only three private operators — Jio, Bharti Airtel and Vodafone Idea (Vi). The strong revenue growth will be driven by expected tariff hikes, a pick-up in conversions from 2G to higher revenue-yielding 4G/5G customers and users upgrading to higher value data plans. Even in the absence of rate hikes, telecom sector revenues this financial year are expected to touch ₹2.46 lakh crore, far exceeding the FY16 levels, amid strong appetite for 4G services and an improving subscriber mix, showed an analysis of Trai data by global brokerage, CLSA. The estimated jump in sectoral revenues (in absolute terms) is even more spectacular at 68% between FY17, when Jio entered the fray, and FY25.