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Banks Raise USD 73 Billion in Eleven Weeks: Ministry of Finance

Banks Raise USD 73 Billion in Eleven Weeks: Ministry of Finance

India’s banking sector has mobilised USD 73 billion in foreign exchange inflows in less than 11 weeks under the Reserve Bank of India’s special USD-INR forex swap facility, the Ministry of Finance said. The facility, launched on June 8, 2026, covers FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial … Read More

Adersh Unni Krishnan

Gaming Gift Cards Can Set Spending Limits, but Compatibility Checks Matter

Gaming Gift Cards Can Set Spending Limits, but Compatibility Checks Matter

Online games increasingly include virtual currencies, cosmetic items, expansion content, and other optional purchases. While these additions can improve or personalize the gaming experience, they can also make it difficult for players—and particularly parents—to keep track of how much is being spent. Gaming gift cards offer an alternative to making … Read More

Kripa B

Commerce and Industry Minister Leads A 200-Member Business Delegation to Japan

Commerce and Industry Minister Leads A 200-Member Business Delegation to Japan

Union Commerce and Industry Minister Piyush Goyal will visit Japan from August 24 to 27, leading India’s largest-ever business delegation to the country, with more than 200 representatives from key sectors including manufacturing, semiconductors, clean energy, steel, automobiles, financial services, healthcare and start-ups. India-Japan Business Ties in Focus During Tokyo … Read More

Kripa B

Government Releases Rs 30.81 Crore Scholarships Through DBT for SC and OBC Students in Andhra Pradesh

Government Releases Rs 30.81 Crore Scholarships Through DBT for SC and OBC Students in Andhra Pradesh

The Government has released Rs 30.81 crore in scholarship assistance to Scheduled Caste (SC) and Other Backward Class (OBC) students in East Godavari district in Andhra Pradesh during 2025–26 under the Pre-Matric and Post-Matric Scholarship Schemes. “The Government continues to strengthen educational support for students belonging to Scheduled Castes (SCs) … Read More

Kripa B

India’s Revised FDI Framework Attracts 29 Investments Worth Rs 4,895.65 Crore: Ministry of Commerce

India’s Revised FDI Framework Attracts 29 Investments Worth Rs 4,895.65 Crore: Ministry of Commerce

India’s revised foreign direct investment (FDI) framework has attracted 29 investment proposals involving Rs 4,895.65 crore as of August 20, 2026, reflecting growing investor interest across key sectors, according to an official release from the Ministry of Commerce and Industry on Friday, August 21, 2026. Revised FDI Framework Attracts Investments … Read More

Kripa B

Japan Remains India’s Fifth-Largest Source of FDI: Union Minister of Commerce and Industry

Japan Remains India’s Fifth-Largest Source of FDI: Union Minister of Commerce and Industry

Union Commerce and Industry Minister Piyush Goyal has invited Japanese businesses to deepen investments and partnerships in India, underlining the growing strategic and economic significance of the India-Japan relationship. Addressing a dinner hosted by the Uttar Pradesh government for a Japanese delegation from Yamanashi Prefecture, in the presence of Uttar … Read More

Kripa B

Reliance Industries, Rolls-Royce Announce Intent to Partner on India’s Indigenous AMCA Combat Engine

Reliance Industries, Rolls-Royce Announce Intent to Partner on India’s Indigenous AMCA Combat Engine

Reliance Industries Limited (RIL or Reliance) and Rolls-Royce have announced their strategic intent to partner and offer capabilities in designing, developing, manufacturing and delivering a sovereign indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme. Proposed Aerospace Gas Turbine Complex to Be Set Up in India As part … Read More

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