India Semiconductor Mission (ISM), Tata Electronics Private Limited (TEPL), and Tata Semiconductor Manufacturing Private Limited (TSMPL) have signed Fiscal Support Agreement (FSA) in the presence of Chief Minister of Gujarat Shri Bhupendra Patel for India's first commercial semiconductor fab in Dholera, Gujarat.
This breakthrough agreement represents a decisive step forward in strengthening India's technological self-reliance under the modified programme for semiconductor & display manufacturing ecosystem in India.
Tata Electronics’ semiconductor fab in the Dholera (SIR) commands a total investment of over Rs. 91,000 crore with a capacity of 50,000 wafers starts per month (WSPM).
India Semiconductor Mission, Tata Electronics, and Tata Semiconductor Manufacturing Sign Fiscal Support Agreement. The Government of India, through India Semiconductor Mission, has committed 50% fiscal support on a pari-passu basis for eligible project costs demonstrating unwavering national commitment to building a world-class semiconductor ecosystem within Indian borders.
The strategic fiscal support from the Government of India will accelerate the transformative expansion of the country's semiconductor industry, positioning India as a key player on the global semiconductor stage and launching a new era of technological self-reliance for the nation.
Gurugram-based AI-powered collections platform CredResolve raised $1.1 million in a seed funding round led by Japanese venture capital firm UNLEASH Capital Partners, with additional participation from CDM Capital. This funding is set to accelerate CredResolve’s mission of transforming debt recovery in India through artificial intelligence and regulatory-driven automation.
Founded in August 2023 by Balaji Koustubha, G Prashant Kumar, and Vijay Kumar, CredResolve is redefining the collections ecosystem by integrating AI with borrower engagement strategies. Unlike traditional debt collection models, the platform enhances efficiency through automated recovery workflows, improved borrower communication, and compliance with RBI regulations.
On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct the following operations to inject liquidity into the banking system:
OMO purchase auctions of Government of India securities for an aggregate amount of Rs. 1,00,000 crore in two tranches of Rs. 50,000 crore each to be held on March 12, 2025 (Wednesday), and March 18, 2025.
The Reserve Bank of India (RBI) has, by an order dated February 27, 2025, imposed a monetary penalty of Rs. 1.00 lakh (Rupees One Lakh only) on The Magadh Central Co-operative Bank Limited, Bihar (the bank) for non-compliance with certain directions issued by RBI on ‘Know your Customer (KYC)’.
This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The statutory inspection of the bank was conducted by National Bank for Agriculture and Rural Development (NABARD) with reference to its financial position as on March 31, 2024.
Veteran Bangladeshi cricketer Mushfiqur Rahim has announced his retirement from One Day International (ODI) cricket.
The 36-year-old wicketkeeper-batsman announced the retirement. However, he confirmed that he will continue to represent Bangladesh in Test cricket. This decision comes after his earlier retirement from T20 Internationals in September 2022.
A decorated player with 274 ODIs to his name, Mushfiqur holds the record for the most ODIs played for Bangladesh. The 37-year-old is the highest run scorer for the country, with 7,795 runs, featuring nine centuries and 49 fifties in the 50-over format.
Indian table tennis legend A. Sharath Kamal announced that he will retire later this month, ending a career spanning more than 22 years at the top of the sport. Sharath will bid farewell in front of friends and family in Chennai, where the WTT Star Contender event, his final tournament, will take place from March 25 to 30.
His impact on the sport extends beyond his achievements, which include seven Commonwealth Games gold medals, two historic Asian Games bronze medals, and five Olympic appearances.
The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways has signed a Memorandum of Understanding (MoU) with the Government of Jammu and Kashmir (J&K), to boost river cruise tourism on three National Waterways in J&K.
The Inland Waterways Authority of India has been actively promoting cruise tourism in India and the agreement with the Government of Jammu and Kashmir aims to further boost tourism, generate employment, boost economic growth and provide a new mode of leisure/budget tourism on rivers in Jammu and Kashmir.
Of the 111 national waterways in the country, Union Territory of Jammu and Kashmir has three declared national waterways, i.e., River Chenab (NW-26), River Jhelum (NW-49) and River Ravi (NW-84).
Within a period of two months, IWAI took a significant step to develop river cruise tourism in the UT of Jammu and Kashmir for an approximate cost of Rs 100 crore.
The Authority has rolled out initiatives to boost cruise tourism on River Ganga and River Brahmaputra. The success of world’s longest cruise MV Ganga Vilas underlines the same. The partnership between IWAI and Jammu and Kashmir government is an exciting initiative that promises to promote sustainable tourism practices while stimulating local economic growth.
The National Convention on Model Women-Friendly Gram Panchayats was organized by the Ministry of Panchayati Raj in New Delhi on 5th March, 2025, with an aim to establish at least one Model Gram Panchayat in each District in the country that is both women and girl friendly.
The national convention, held as part of the International Women’s Day 2025 celebrations, witnessed participation from over 1500 elected representatives and officials from selected Gram Panchayats across the country in physical and virtual mode.
The National Convention unveiled initiatives including Virtual Training Programs for Model Women-Friendly Gram Panchayats and a comprehensive Real-Time Monitoring Dashboard for gauging the progress of these women friendly gram panchayats in India.
This digital platform is a technological intervention to measure, analyze, and improve women's participation and welfare at the grassroots level. The dashboard promises real-time insights and data-driven interventions to support women leaders in the country.
Minister for CommunicationsShri Jyotiraditya M Scindia visited the prestigious Mobile World Congress (MWC) in Barcelona, Spain, engaging in top level meetings with CEOs, addressed key sessions and witnessed major tech innovations in one of the world’s largest gatherings for the mobile and telecommunications industry.
During the MWC 2025 visit, Shri Scindia unveiled the curtains of India Mobile Congress 2025 and inaugurated Bharat Pavilion organized by the Telecom Equipment & Services Export Promotion Council (TEPC) with the support of the Department of Telecommunications, Government of India, featured 38 Indian telecom equipment manufacturers showcasing their state-of-the-art products.
The Minister also inaugurated VVDN’s indigenously designed & manufacturedAI based Wi-Fi-7 during his visit to Bharat Pavillion. He also visited other booths such as Meta and Google Cloud, catching a glimpse of their various technological solutions.
AboutMobileWorldCongress2025
MWC 2025, themed "Converge. Connect. Create.", is taking place from March 3–6 in Barcelona, bringing together 101,000+ attendees, 2,700+ exhibitors, and leaders from 200+ countries to showcase the latest in 5G, AI, IoT, and digital transformation. With 1,200+ speakers, including top executives and policymakers, key themes include 5G Inside,
AI+, Connect X, Enterprise Re-invented, Game Changers and Digital DNA.. MWC 2025 is the world’s leading platform for mobile innovation, networking, and future connectivity.
Dr. Suborno Bose, Chairman of the International Institute of Hotel Management (IIHM), one of India’s foremost hospitality educators and a visionary in integrating technology with hospitality, has been honoured with the ‘Lifetime Achievement in Hospitality and Education Through Technology’ award by Union Tourism Minister Gajendra Shekhawat.
The award was conferred at the Vibrant Bharat Global Summit 2025, an event organized by Bharat 24, one of the country’s leading language media networks.
This prestigious recognition marks a significant milestone in Dr. Bose’s relentless efforts to revolutionize hospitality, tourism, and education through technology, particularly artificial intelligence (AI).
Prime Minister Narendra Modi chaired the seventh meeting of the National Board for Wildlife (NBWL) at Gir National Park in Gujarat, on the occasion of the World Wildlife Day, and announced several significant decisions and findings to improve wildlife conservation efforts in India, including the expansion of the Cheetah reintroduction initiative to new locations.
One of the highlights of the meeting, which the prime minister attended after completing a lion safari in Gir in the morning, was the release of India’s first-ever riverine dolphin census report, which pegged the number of the aquatic mammals at 6,327 across the country.
The PM also laid the foundation stone for the National Referral Centre for Wildlife at Junagadh in Gujarat and announced the 16th Asiatic lion population estimation to be carried out in May this year. On the occasion, Modi also announced the setting up of a centre of excellence for human-wildlife conflict management,
Salim Ali Centre for Ornithology and Natural History (SACON), at Coimbatore in Tamil Nadu, and unveiled a book on river dolphins.
At the NBWL meeting, the PM also announced the initiation of a new conservation project on gharials (fish-eating crocodiles), and a National Great Indian Bustard Conservation Action Plan after considering the need to upscale conservation efforts,
of this critically endangered bird species, the release said.
Population estimation of Asiatic lions is carried out once every five years. The last such exercise was carried out in 2020. Modi announced the initiation of the 16th cycle of lion estimation to be conducted in 2025.
The last count in 2000 pegged the population of the wild animal at 674, recording a growth of nearly 29% compared to 523 in 2015 census.
PM Modi also recommended usage of remote sensing and geospatial mapping and artificial intelligence (AI) & machine learning to combat issues such as forest fires and human-animal conflicts.
