Petroleum and Natural Gas Regulatory Board (PNGRB) has collaborated with the World Bank to prepare a roadmap for hydrogen blending in natural gas and their transmission through gas pipelines in the country.
The regulatory frameworks will be amended to help achieve the national target of 5 million metric tonnes per annum of hydrogen consumption by 2030.
PM Narendra Modi laid the foundation stone for redevelopment of 508 railway stations across the country.
These stations will be redeveloped under the Amrit Bharat Station Scheme at an estimated cost of over ₹ 24,470 crore.
The redevelopment will provide modern passenger amenities along with ensuring better designed traffic circulation and inter-modal integration.
The Lok Sabha has passed the Inter-Services Organisation (Command, Control & Discipline) Bill - 2023.
The bill seeks to empower Commander-in-Chief and Officer-in Command of Inter-Services Organisations (ISOs) with all disciplinary and administrative powers in respect of the personnel serving in or attached to such organisations.
The Indian government has imposed immediate restrictions on importing laptops, tablets, and personal computers falling under HSN 8741 category.
As per a government notification, the import of restricted items will be allowed only against a valid license.
However, the curbs will not be applicable to imports under Baggage Rules.
State Bank of India (SBI) reported first quarter net profit surged 178.25% to ₹16,884 crore as compared with ₹6,068 crore a year earlier on account of improvement in asset quality and loan growth.
This is the bank’s highest-ever net profit.
The high profit is due to lower Non Performing Assets (NPA), lower provisioning and increase in the loan book.
Indian OTT (over the top) platforms saw an increase of 194 per cent in revenue from international viewers in the last two years, and a 361 per cent increase in international transactions, according to Razorpay’s International Payments Report.
1 crore international transactions processed on Razorpay’s payments and business banking platform between April 2021 and July 2023.
India’s Jyothi Yarraji won the bronze medal in the women’s 100m hurdles at the FISU World University Games 2023 in Chengdu, China.
The run in the final saw Jyothi Yarraji better her previous national record by 0.04 seconds.
This was India’s second athletics medal at the Chengdu meet after Bhavani Bhagavathi Yadav claimed a bronze in the women’s long jump event.
India’s medals tally now stands at 25 medals- 11 gold, five silver and nine bronze.
President Droupadi Murmu has inaugurated the "Festival of Libraries 2023" at Pragati Maidan in New Delhi.
The two-day Festival, which is being organised by the Ministry of Culture, will highlight iconic libraries from across the world to initiate a conversation on the modernisation and digitisation of libraries in India.
The Finance Ministry has approved the upgradation of Oil India Ltd to the category of ‘Maharatna’, a move which will impart enhanced powers to the OIL board while taking financial decisions. Post the upgrade, the state-run oil major has become India’s 13th Maharatna CPSE's. The FInance Ministry also approved the upgradation of ONGC Videsh Ltd (OVL) to Navratna CPSE.
Consumer spending in India is expected to surpass $4 trillion by 2030, according to a report titled “eCommerce in the New Bharat and it’s Future” released by e-commerce enablement platform Shiprocket. The report sees consumer spending in the country to rise at a CAGR of about 10% on account of increased domestic consumer expenditure and consumption market.
Capital markets regulator SEBI has reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas investments to four months from six months at present. If these funds fail to make investments within this time limit, then Sebi can allocate their unutilized limits to other applicant AIFs and VCs.
Union Minister for State for Entrepreneurship, Skill Development, Electronics and IT Rajeev Chandrasekhar will be taking part in the ‘Digital India RISC-V’ Symposium, being organised by IIT Madras and IIT-M Pravartak Technologies Foundation in Chennai.
The event showcasing ‘The future of Electronics in India through the RISC-V pathway’.