Key financial changes coming in July: From Aadhaar-PAN rule to new bank charges
New Delhi, June 27 (IANS) From July, several important financial changes will come into effect, directly impacting individual taxpayers and bank customers. These include a new Aadhaar verification rule for PAN applications, an extended deadline for income tax return filing, and revised charges on credit cards and banking services by leading banks like SBI, HDFC […]
Mandaviya launches scheme to expand ESI coverage across India
Shimla, June 27 (IANS) Union Minister for Labour and Employment Mansukh Mandaviya on Friday launched the SPREE (Scheme to Promote Registration of Employers/Employees) to expand ESI coverage across India and approved the Amnesty Scheme – 2025 to reduce litigation and promote compliance. The Employees’ State Insurance Corporation, during a meeting chaired by the minister in […]
India’s agriculture & allied sector clocks 54.6 per cent jump in output from 2011–12 to 2023–24
New Delhi, June 27 (IANS) Gross Value of Output (GVO) from the agriculture and allied sector at constant prices has shown steady growth from Rs 1,908 thousand crore in 2011–12 to Rs 2,949 thousand crore in 2023–24, marking an overall increase of approximately 54.6 per cent, according to a report released by the Ministry of […]
Early months of FY26 indicate resilient economy, outlook remains positive: Centre
New Delhi, June 27 (IANS) High-frequency indicators for the first two months of FY26 indicate resilient performance of the domestic economy amid the heightened geopolitical situation, Finance Ministry’s ‘Monthly Economic Review for May 2025’ said on Friday, adding that overall, the outlook for the Indian economy remains positive. The economy demonstrates resilience amid a turbulent […]
Total business of public sector banks surges to Rs 251 lakh crore in 2024-25
New Delhi, June 27 (IANS) The total business of public sector banks has surged from Rs 203 lakh crore in FY 2022–23 to Rs 251 lakh crore in FY 2024–25 while the net non-performing assets (NPAs) have declined from 1.24 per cent to 0.52 per cent during this period, Finance Minister Nirmala Sitharaman was informed […]
India’s Science and Technology Clusters to boost innovation ecosystem: Ajay Sood
New Delhi, June 27 (IANS) The eight Science and Technology (S&T) Clusters in India are working to strengthen the country’s innovation ecosystem, said Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA), while releasing the annual S&T Cluster report. The 2024-2025 S&T cluster report highlights several significant outcomes from the Clusters, including the deployment of EV […]
New AI tool to revolutionise personalised cancer treatment
New Delhi, June 27 (IANS) An international team of scientists has developed an artificial intelligence (AI) tool that could revolutionise cancer treatment by mapping cellular diversity within tumours. The innovation tackles tumour heterogeneity in oncology, where varied cell populations cause treatment resistance and recurrence, Xinhua news agency reported. The AAnet AI tool, developed by the […]
India’s electricity demand likely to triple to 4 trillion units by 2035: Report
Mumbai, June 27 (IANS) India’s electricity demand is expected to record a three-fold jump to a staggering 4 trillion units by 2035, driven by industrial expansion, urban growth, and the electrification of transport, according to a report from OmniScience Capital released on Friday. According to the report, by 2035, three transformative sectors — electric vehicles […]
PhonePe partners with HDFC bank to launch co-branded credit card
New Delhi, June 27 (IANS) PhonePe and HDFC Bank announced the launch of co-branded credit card, marking the digital payments and financial services company’s foray into the co-branded card segment. The PhonePe HDFC bank co-branded RuPay credit card is designed to meet the evolving financial needs of Indian consumers. It also offers benefits on UPI […]
Indian researchers develop diagnostic device to detect early-stage bone cancer
New Delhi, June 27 (IANS) In a major scientific breakthrough, researchers from IIT (BHU) in Uttar Pradesh have developed a miniaturised, self-reporting diagnostic device that can detect early-stage bone cancer with high precision. The first-of-its-kind sensor detects osteopontin (OPN) — a key biomarker for bone cancer. The device is reagent-free, portable, and cost-effective and is […]
