New Delhi, July 10 (IANS) Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) and financial institutions on Monday to review the progress of foreign currency deposit mobilisation and overseas borrowing initiatives aimed at strengthening external capital inflows, as per sources.The meeting comes after the Reserve Bank of India (RBI) last month announced a series of measures to encourage banks to mobilise foreign currency deposits from Non-Resident Indians …
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New Delhi, July 10 (IANS) Messaging platform Telegram has submitted its reply to the Ministry of Electronics and Information Technology’s (MeitY) notice on its ‘username’ feature, following a similar response from WhatsApp, according to sources.The government is currently examining the submissions made by both messaging platforms, according to them.The ‘username’ feature allows users to communicate without sharing their mobile phone numbers, a functionality that has drawn the Centre’s attention …
New Delhi, Aug 5 (IANS) US President Donald Trump on Tuesday said that upcoming tariffs on imported pharmaceuticals could eventually rise as high as 250 per cent, as part of his push to bring drug manufacturing back to the United States.In an interview with CNBC, Trump said the tariffs would start at a lower rate — without specifying the exact figure — and then increase over the next year to 18 months.“We’ll be putting (an) initially small tariff on pharmaceuticals, but in one year, one-an…
Bhopal, Aug 5 (IANS) Madhya Pradesh Chief Minister Mohan Yadav said on Tuesday that the Bharatiya Janata Party (BJP)-led state government has adopted the Gujarat “ease of doing business” model concept to set the path for industrial growth across the state. Chief Minister Yadav made this statement while presenting his government’s visions in the Assembly onset of the seventh day of the Monsoon session.He said that Madhya Pradesh has decided to become a developed state through establishing small a…
Mumbai, Aug 5 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved the Startup, Entrepreneurship and Innovation Policy, 2025. The new policy, formulated by the Department of Skills, Employment, Entrepreneurship and Innovation (SEEID) and implemented by the Maharashtra State Innovation Society (MSInS), lays the foundation for positioning Maharashtra as India’s most vibrant and future-ready startup destination.“The policy sets an ambitious five-year vi…
New Delhi, Aug 5 (IANS) As many as 293 big infrastructure projects entailing an investment of Rs. 13.59 lakh crore have been evaluated so far for integrated planning, multimodality, whole of government approach and last-mile connectivity under the PM GatiShakti National Master Plan that was launched in 2021, the Parliament was informed on Tuesday.Minister of State for Commerce and Industry Jitin Prasada said in a written reply in the Lok Sabha that as on date, 57 Central ministries/departments, …