Financial inclusion refers to ensuring that all individuals have access to financial services. This includes banking, credit, insurance, and investment opportunities. It aims to empower the underprivileged and promote economic growth. In India, initiatives like Jan Dhan Yojana have been implemented. These efforts help reduce poverty and enhance livelihoods. Financial literacy is also crucial for effective participation in the economy.
In a landmark decision, the Mumbai Income Tax Appellate Tribunal (ITAT) ruled that receiving a new flat in exchange for an existing one during a residential redevelopment project...
Google is embroiled in legal battle in the UK. Approximately 250,000 UK businesses have launched a multi-billion-pound lawsuit against the tech giant. The claim alleges that Google has...
The International Monetary Fund (IMF) announced a preliminary agreement with Argentina for a $20 billion bailout. This agreement comes at important time for President Javier Milei, who is...
The Agriculture Department and Kerala Agricultural University (KAU) achieved milestone by securing a Geographical Indication (GI) tag for Thalanad cloves. This development is expected to enhance the branding...
In the financial year 2024-25, the National Highways Authority of India (NHAI) reported increase in highway construction. The total length of highways constructed rose by 9 per cent,...
The Maharashtra government has introduced changes to building development rules. This initiative aims to facilitate the redevelopment of old structures in the Mumbai airport's "funnel zone." This area...
The Lok Sabha recently passed a bill to establish the Tribhuvan Sahkari University in Anand, Gujarat. This initiative aims to enhance the qualifications and skills of individuals working...
India is set to revolutionise its mining sector by launching the first auction of Exploration Licences (ELs) in Goa. This initiative aims to unlock the country’s untapped mineral...
The Government of India introduced a scheme to support Cooperative Sugar Mills (CSMs) through the modified Ethanol Interest Subvention Scheme. This initiative aims to convert existing sugarcane-based ethanol...
In move ahead of the 2027 assembly elections, the Punjab government has introduced a one-time settlement (OTS) policy. This initiative aims to alleviate the financial burdens faced by...