Economic Development
2 min read
84

DGCA move likely to spark interest in air taxi pilot training

January 26, 2025
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Aspiring air taxi pilots in India may soon begin their training as the Directorate General of Civil Aviation (DGCA) is set to unveil licensing guidelines for electric vertical take-off and landing (eVTOL) aircraft, a senior official told businessline. In aviation parlance, advanced air mobility vehicles, or air taxis, refer to a

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Economic Development
3 min read
96

L&T academy churns out tunnelling workforce 

January 26, 2025
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At Larsen & Toubro’s Tunnelling Excellence Academy (TEA) in Kancheepuram, Sekar (name changed), wearing goggles and a helmet, keenly observes his instructor describing the working of the massive tunnel boring machines (TBMs) used to drill underground metro rail corridors. He and the other trainees at the academy will soon join

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Economic Development
2 min read
81

PM Suryaghar, PM Kusum beneficiaries ambassadors of India’s RE journey: MNRE

January 26, 2025
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The Minister of New & Renewable Energy (MNRE) Pralhad Joshi on Saturday interacted with beneficiaries of PH Suryaghar and PM Kusum, exhorting them to become brand ambassadors of India’s renewable energy (RE) journey. The Minister met with 750 such special guests of the Ministry, who were invitees to the Republic Day

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Economic Development
4 min read
110

Past retirees of NPS can also opt for Unified Pension Scheme

January 26, 2025
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A National Pension System (NPS) Government Employee, who retires on or before March 31, 2025 can opt for Unified Pensions Scheme (UPS). said Finance Ministry in a notification dated January 24. UPS is to be operationalised from April 1, 2025. The scheme will not be available for employees who were

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Economic Development
2 min read
94

Axis Capital predicts EV penetration to surge in 3 years

January 26, 2025
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The electric vehicle (EV) penetration will increase in the next three years due to the introduction of more reliable models at competitive price points and the possible growth of the charging network, according to the Axis Capital report. “We believe the launch of more credible models at attractive price points

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Economic Development
5 min read
88

Will take action to protect Indian steel industry from dumping; Engaging with Europe for fair trading environment : HD Kumaraswamy

January 26, 2025
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India could explore policy measures such as anti-dumping duties, safeguard measures apart from stricter quality control measures to curb rising imports, says HD Kumaraswamy, the Union Minister for Steel and Heavy Industries. Speeding up PLI investments towards driving speciality steel-making, tapping into new export markets to counter trade barriers being

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Economic Development
6 min read
157

Harnessing India’s seafood prowess: A blueprint for global seafood industry leadership

January 26, 2025
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Leveraging on its raw materials abundance, technological prowess, and increasing soft power, India stands poised to evolve from being a bulk commodity supplier to a global leader brand. India presents a compelling paradox in the global seafood industry. Ranking among the world’s top five seafood exporters, India recently achieved an

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Economic Development
2 min read
74

CCPA imposes penalty on Vision IAS for misleading ad claim

January 25, 2025
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The Central Consumer Protection Authority (CCPA) has imposed penalty of ₹3 lakh on Vision IAS for misleading ad claim regarding result of UPSC CSE 2020, as part of a wider crackdown. In an official statement, it said that the decision was taken to protect rights of consumers and ensure that

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Economic Development
3 min read
106

Government notifies Unified Pension Scheme, to be effective from April 1

January 25, 2025
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The Finance Ministry has notified Unified Pension Scheme (UPS) as an option under National Pension System (NPS). It will come into effect from April 1 this year and has potential to benefit 23 lakh employees. This will be available for government servants who have joined the service on or after

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Economic Development
1 min read
80

Vizag-bound Air India Express flight returns to Bengaluru due to technical issue

January 25, 2025
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An Air India Express flight traveling from Bengaluru to Visakhapatnam on Saturday returned to the airport here due to a technical issue, airport officials said. The flight, which took off at 10 am, circled over Bengaluru before returning to the airport from where it had originally departed. Airport officials clarified

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