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
2 min read
75

Posthumous Padma awards conferred on Osamu Suzuki, Bibek Debroy, Sushil Kumar Modi

January 25, 2025
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On the eve of the country’s 76th Republic Day, the Centre announced the list of recipients for the Padma Awards 2025 comprising 7 Padma Vibhushan, 19 Padma Bhushan and 113 Padma Shri Awards. Padma Vibhushan awardees include Late Osamu Suzuki, former Chairman of Suzuki Motor Corporation; Duvvur Nageshwar Reddy from

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Economic Development
2 min read
70

‘One Nation One Election’ initiative can prevent policy paralysis: President Murmu

January 25, 2025
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President Droupadi Murmu has endorsed the ‘One Nation One Election’ initiative of the government and said it could prevent policy paralysis and reduce financial burden. “Another measure that promises to redefine the terms of good governance is the Bill introduced in Parliament to synchronise election schedules in the country. The

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Economic Development
2 min read
82

India’s electric car penetration to surge to 9 per cent by FY30: Nomura Report

January 25, 2025
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The penetration of electric cars in India is projected to rise significantly, reaching 9 per cent by FY30 from the current 2 per cent, according to a report by Nomura. This shift is part of the country’s broader transition toward sustainable and eco-friendly mobility solutions. The report highlighted that electric

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Economic Development
3 min read
58

Campco expresses concern over unfair areca import practices, seeks strict regulations to curb them

January 25, 2025
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Expressing concerns over unfair arecanut import practices by some people, the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has urged the Government to implement stronger regulations to protect the interests of domestic growers. In a letter to the Union Commerce Minister, Piyush Goyal, the Campco President, A Kishore

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Economic Development
4 min read
52

Impact of Basmati price volatility in key international markets for Indian exporters

January 25, 2025
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One of the most integral parts of India’s agricultural exports, the global Basmati rice market often experiences price fluctuations. Since Basmati rice is cultivated in only India and Pakistan in the world, with the former producing the giant’s share of the total cultivation, price volatility leads to considerable implications on

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Economic Development
4 min read
56

Specially-designed Vande Bharat train completes trial run in Jammu and Kashmir

January 25, 2025
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Years of hard work and dedication, and some engineering marvels later, the dream of Kashmir’s rail connectivity finally came true as a specially-designed Vande Bharat Express train arrived here on Saturday, completing its trial run. The train, on its maiden trial run, arrived at the Srinagar station in the Nowgam

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Economic Development
4 min read
91

Some exemptions likely in new income tax regime, inflation adjusted income tax slabs possible: Rakesh Nangia

January 25, 2025
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The Union Budget is expected to bring new Income Tax legislations. What are the changes likely in overall tax structure? Rakesh Nangia, Managing Partner at Nangia & Co LLP, explained in an interview. There is speculation that the new IT legislation will do away with the concept of assessment year

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Economic Development
3 min read
75

TPG Scion acquires stake in SCHOTT Poonawalla, seeks CCI approval for strategic pharma packaging deal

January 25, 2025
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Global investment giant TPG Group is set to expand its footprint in India’s pharmaceutical packaging industry with its affiliate, TPG Scion SG Pte Ltd, acquiring a stake in SCHOTT Poonawalla Private Limited (SPPL).  The deal, which involves a secondary share purchase from Serum Institute of India Pvt Ltd, is currently

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Economic Development
4 min read
73

Policymakers must tune more into States, says Finance Commission Chief Panagariya

January 24, 2025
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India’s policymakers and thinktanks should focus on studying the States a lot more, Arvind Panagariya, Chairman of 16th Finance Commission suggested on Friday  He was speaking at a launch event of first ever ‘Fiscal Health Index 2025’ report prepared by NITI Aayog.  “Even though one, including the media, tends to

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