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Govt relaxes domestic content requirement for solar cells under PM-KUSUM till March 2024

The Ministry of New & Renewable Energy (MNRE) has relaxed the domestic content requirement (DCR) norms for solar cells under Component C of the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme till March 2024.

In August last year, the Ministry waived off domestic requirement norms for projects awarded on or before June 20, 2023.

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IREDA signs MoUs with Bank of Maharashtra for Green Financing

Indian Renewable Energy Development Agency Limited (IREDA signed a significant Memorandum of Understanding (MoU) with Bank of Maharashtra (BoM).

According to IREDA, this collaboration aims to promote and facilitate co-lending and loan syndication for a diverse spectrum of Renewable Energy projects across the nation.

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Union Minister Jyotiraditya Scindia inaugurates 'Udaan Bhawan’ an integrated office complex at Safdarjung Airport

Civil Aviation Minister Jyotiraditya Scindia inaugurated the integrated office complex for aviation regulators in the national capital.

The integrated office complex 'Udaan Bhawan' in the national capital will house DGCA (Directorate General of Civil Aviation), BCAS (Bureau of Civil Aviation Security), AERA (Airports Economic Regulatory Authority), AAIB and AAI.

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Coastal security drill ‘Operation Sajag’ conducted by Indian Coast Guard along the west coast

Operation Sajag’, a drill involving all stakeholders of the coastal security construct, was conducted by the Indian Coast Guard along the west coast.

The drill facilitates revalidation of the coastal security mechanism and bring awareness among the fishermen at sea.

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Karnataka's Hoysala temples inscribed on Unesco World Heritage List

Karnataka's Hoysala Temples' sacred ensembles have been inscribed on the United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage list.

Notably, the Hoysala Temples of Belur, Halebid, and Somnathapura in Karnataka that are now included in the UNESCO World Heritage list make them the 42nd UNESCO World Heritage Site of India.

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AAI inducts two new advanced B-360 aircraft into flight inspection fleet

The Airport Authority of India (AAI) added two new B-360 type of aircraft to meet the flying requirement for Flight Calibration of the increased number of Ground Navigational aids installed at airports in India.

The new B-360 type of aircraft equipped with an advanced state-of-the-art Flight Inspection system into the AAI Flight Inspection Fleet.

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RBI releases list of 15 NBFCs in upper layer under scale based regulations

The Reserve Bank of India (RBI) announced the names of 15 non-banking financial companies (NBFCs) placed under the upper layer as per scale-based regulation (SBR) for 2023-24.

TMF Business Services (formerly Tata Motors Finance), eligible for categorisation under the upper layer, is not included in the current list due to ongoing business reorganisation.

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Some of the NBFCs in the upper layer include LIC Housing Finance, Bajaj Finance, and Tata

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Shri Apurva Chandra unveils “People’s G20”, an eBook on India’s G20 Presidency

Shri Apurva Chandra, Secretary, Ministry of Information and Broadcasting unveiled “People’s G20”, an eBook on India’s G20 Presidency in New Delhi.

The book presents a complete journey of India’s G20 Presidency.

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NHAI inks deal to develop multi-modal logistics park in Bengaluru for ₹1,770 cr 1

The National Highways Logistics Management Ltd (NHLML), under the aegis of National Highways Authority of India has signed an agreement to develop a multi-modal logistics park (MMLP) in Bengaluru under public-private partnership at an estimated cost of ₹1,770 crore.

The MMLP will be spread across 400 acre at Muddelinganahalli in Bengaluru rural.

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ISRO successfully performed a key manoeuvre of its solar mission Aditya-L1

Indian Space Research Organisation (ISRO) today successfully performed a key manoeuvre of its solar mission Aditya-L1.

The Trans-Lagrangian Point 1 Insertion manoeuvre marks the beginning of the spacecraft's about 110-day trajectory to the destination around the L1 Lagrange point, a balanced gravitational location between the Earth and the Sun.

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Direct Tax collections register over 23.5 % growth in current financial year so far

India's direct tax collection recorded over eight lakh 65 thousand crore rupees (till mid september of this financial years) which is 23.51 percent higher than the corresponding period of last year.

The Direct Tax collection for the last financial year stood at seven lakh 416 crore rupees.

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Gandhi walk resumed in Johannesburg, South Africa after Covid-19 pandemic

The 35th edition of the annual Gandhi Walk in Johannesburg, South Africa took place yest The event was organised after three years of delay due to the COVID-19 pandemic.

More than 2,000 people joined the new format of a fun six-kilometre walk that ended with a wide range of entertainment.

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FinMin approves welfare measures for LIC agents, employees : To benefit over 13 lakh LIC agents, 1 lakh employees

The Centre approved a series of welfare measures for agents and employees of Life Insurance Corp. of India (LIC), such as increase in gratuity limit, eligibility for renewal commission, term insurance cover and a uniform rate of family pension.

For LIC agents, the gratuity limit has been raised from ₹3 lakh to ₹5 lakh.

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Fashion designer Rahul Mishra awarded Chevalier de l'Ordre des Arts et des Lettres

Celebrated fashion designer Rahul Mishra was on conferred with the insignia of Chevalier de l'Ordre des Arts et des Lettres at a function at the Residence of France.

Ambassador of France to India Emmanuel Lenain presented the medal to Mishra for his career and connection to France.

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Government appoints Abhay Karandikar as as Department of Science & Technology Secretary

Abhay Karandikar, the director of the Indian Institute of Technology (IIT) Kanpur, was appointed the secretary of the Department of Science and Technology (DST).

He will take over from Rajesh S Gokhale, who assumed additional charge in July this year, over his role as Secretary of the Department of Biotechnology after S Chandrasekhar quit as DST secretary.

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