Digital fraud, cybercrime, deepfake are serious challenges: President Murmu
New Delhi, Jan 31 (IANS) The budget session of Parliament has begun with President Droupadi Murmu addressing the joint sitting of the two Houses on Friday. In her address, she underlined the growing threats posed by digital fraud, cybercrime, and deepfake technology. She reaffirmed the Modi government’s commitment to strengthening cybersecurity measures to safeguard social, […]
Eco Survey: Demographic advantage, responsible approach position India to benefit from AI
New Delhi, Jan 31 (IANS) As concerns grow around Chinese AI DeepSeek while India remains steadfast in safeguarding users’ data and privacy, the Economic Survey 2024-25 on Friday said the country’s demographic advantage and diverse economic landscape position it uniquely to benefit from AI, which can serve not as a crisis but as a catalyst […]
Centre expands Aadhaar authentication to boost good governance, ease of living
New Delhi, Jan 31 (IANS) In a bid to help improve transparency and inclusivity in the decision-making process, the Centre on Friday expanded Aadhaar authentication to government and private entities for providing various services in the public interest boosting innovation, knowledge and public service enhancement. The IT Ministry notified the Aadhaar Authentication for Good Governance […]
Sensex, Nifty surge as markets cheer Economic Survey ahead of Budget
Mumbai, Jan 31 (IANS) The Indian stock market on Friday continued its rise for the fourth straight day as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament ahead of the Union Budget 2025-26. The Economic Survey pegs India’s GDP growth at 6.3-6.8 per cent for 2025-26. The BSE Sensex touched an intra-day […]
States should boost biz reforms to generate higher incomes for citizens: Eco Survey
New Delhi, Jan 31 (IANS) States should focus on business reforms on a priority basis to achieve buoyancies in some industrial or service sectors, the Economic Survey 2024-25 said on Friday. The Survey specified that four states – Gujarat, Maharashtra, Karnataka, and Tamil Nadu – account for about 43 per cent of the total industrial […]
PM Internship Scheme, public-private partnerships to boost industry-ready workforce
New Delhi, Jan 31 (IANS) Initiatives like internships in companies (PM Internship Scheme) and public-private partnership for skill development and vocational training will go a long way in creating industry-ready workforce, said the Economic Survey 2024-25 on Friday. Additionally, by creating a skilling ecosystem with a high-quality, globally competitive workforce, India can enhance employability for […]
Banks in robust health as NPAs down to 12-year low, profit up 22.2 per cent: Economic Survey
New Delhi, Jan 31 (IANS) India’s monetary and financial sectors have performed well in the first nine months of the Financial Year 2024-25 with the gross NPAs of banks now down to a 12-year low of 2.6 per cent at the end of September 2024 while their profitability improved during H1 of FY25, with profit […]
Eco Survey aims to fast-track India’s dream of realising Viksit Bharat goal: Industry
New Delhi, Jan 31 (IANS) The Economic Survey 2024-25 is another step to fast-track India’s dream of realising the long-term vision for Viksit Bharat, industry leaders said on Friday. The Survey rightly acknowledges the role of the private sector in nation-building and is forthright in its call for lowering the cost of business through deregulation […]
IndusInd Bank reports 39 pc drop in Q3 profit at Rs 1,402 crore
Mumbai, Jan 31 (IANS) IndusInd Bank on Friday reported a net profit of Rs 1,402 crore for the third quarter of the financial year 2024-25 (Q3 FY25), marking a 39 per cent decline compared to Rs 2,301 crore in the same quarter last year (Q3 FY24). The bank’s financial performance was impacted by higher provisions […]
Headcount of investors in India’s capital markets leaps from 4.9 crore to 13.2 crore in last 4 years
New Delhi, Jan 31 (IANS) India’s capital markets have demonstrated strong performance, driving capital formation in the real economy, increasing the financialisation of domestic savings, and supporting wealth creation, the Economic Survey 2024-25 stated. Investor participation in capital markets has been on the rise, with number of investors growing from 4.9 crore in FY20 to […]
