Govt to provide financial support to eligible agencies to promote GI
DPIIT is an arm of the commerce and industry ministry which deals with investments and intellectual property rights (IPRs). A GI, a kind of IPR, is primarily an agricultural, natural or manufactured product (handicraft and industrial goods) originating from a definite geographical territory. Key Points
Economic TimesState-run banks told to draw up 3-year road map
In a directive sent last month, the government asked the public sector banks (PSBs) to define achievable goals, and identify new initiatives and create an action plan to meet those. A number of such initiatives will be part of the Enhanced Access and Service Excellence (EASENext) reform version 6.0, which will be launched in April, a senior government official told ET. Key Points
Economic TimesLooking to return to work after a break? Here is a quick guide for leaders, and women
Returning to the workforce after a career break can be challenging, but with adequate planning and effective strategies, individuals can navigate through the obstacles. Organizations have implemented return-to-work initiatives for women employees, and investing in self-improvement and leveraging social media can help ease the transition. Key Points
Economic TimesNovotel Mumbai Juhu beach installs EV charging station
India Business News: Novotel Mumbai Juhu beach has installed an Electric Vehicle (EV) charging station to provide its guests and visitors powering options for their electric vehicles. Reduce carbon emissions and promote eco-friendly practices in the hospitality sector. Other initiatives include an in-house bottling plant to reduce plastic waste and the introduction of a vegan menu for sustainable dining options. Key Points
Times Of IndiaBudget 2024: 'After PLI, jobs-linked schemes need of the hour'
Interim Budget: Experts suggest that the government should introduce employment-linked incentives in the upcoming interim budget to promote job creation and formalization. They recommend providing tax breaks or subsidies to small and medium-sized enterprises (SMEs) for hiring workers from marginalized communities to address social inequality. Key Points
Economic Times
Jaishankar highlights broadening partnership at 6th India-Japan Indo-Pacific Forum
India-Japan's External Affairs Minister, S. Jaishankar, highlighted the growing partnership between the two countries at the 6th India-Japan Indo-Pacific Forum. The partnership includes various initiatives such as the Quad, supply chain resilience initiative, clean energy partnership, semiconductor supply chain partnership, and the Indo-Pacific Economic Framework for Prosperity (IPEC). Key Points
Economic Times5 defence stocks with “buy” recommendations have upside potential of up to 17%
After the budget, the price movement of defence stocks might have rattled some investors but the fact is the underlying policy initiatives by the government led to changes both in the actual working and perception of defence sector companies. Their order books are brimming, stocks have outperformed the broader market indices in the last one year and institutional interest has been growing in these companies. However, over expectations from the Union budget and subsequent volatility Key Points
Economic TimesThe interim budget features hits and misses on climate pathways
It has worthy initiatives. India’s carbon reduction must go by hard-nosed realism so that we don’t back-load climate action. Key Points
mintIndian Navy's eco-friendly initiatives imbibing green tech
The Navy has commissioned solar power with a cumulative capacity of 15.87 MW which is in line with the its objective of fulfilling the government's 'Jawaharlal Nehru National Solar Mission (JNNSM)' mission. Key Points
Economic TimesGovt taking initiatives to expand UPI's global reach: Pankaj Chaudhary
Minister of State for Finance Pankaj Chaudhary announced that the government and RBI are working to expand the global reach of UPI, which is currently available in seven countries. The RBIs Payments Vision Document 2025 includes global expansion of UPI and RuPay cards as a key goal. Efforts involve collaboration with international stakeholders and institutions. UPI is now operational in Bhutan, Singapore, the UAE, France, Mauritius, Sri Lanka, and Nepal. Key Points
Economic Times
G7 Summit commits to promoting India-Middle East-Europe Economic Corridor
At the G7 Summit, the Group of Seven industrialized nations committed to promoting infrastructure projects such as the India-Middle East-Europe Economic Corridor (IMEC), reaffirming a commitment to a free and open Indo-Pacific. Prime Minister Narendra Modi attended the summit at the invitation of Italian Prime Minister Giorgia Meloni. Key Points
Economic TimesHCL Group invests Rs 166 crore in edtech firm Education Initiatives
Bengaluru-based edtech firm Education initiatives plans to expand to new markets like South Africa, Kenya, Ghana and Saudi Arabia. It currently operates in India, UAE, South Africa, and Singapore. It is also looking to acquire edtech product companies focused on improving learning outcomes, and claims to have over a million paid users for its offerings. Key Points
Economic TimesICAI to open 11 CoEs in 2 yrs, Kolkata chapter by Dec 24
Kolkata, Feb 24 (PTI) The Institute of Chartered Accountants of India (ICAI) on Saturday said it will open the Kolkata chapter of the Centre of Excellence (CoE) by December 2024. This will mark the third such centre of excellence after Hyderabad and Jaipur. “The CoE in Kolkata will be established in Rajarhat by December this […] Key Points
ThePrintNepal, India express commitment to implementing bilateral initiatives for strengthening cross-border conne
Nepal and India have agreed to strengthen their economic and commercial ties through bilateral initiatives. The India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade convened its latest session in Kathmandu. The agenda included discussions on the construction of new Integrated Check Posts and railway links, as well as the review of the Treaty of Transit and the Treaty of Trade. Key Points
Economic TimesPredictions for 2024: Rapid growth in digital infrastructure and tech on cards
By 2024, India is poised to witness a significant leap in its digital infrastructure and technology sector. This prediction is supported by several key factors, including government initiatives, increased foreign investment, a burgeoning startup ecosystem, and a growing talent pool in the technology sector. Key Points
Economic Times
Will the re-rating continue? 4 defence stocks with “buy” recos having upside potential of up to 22%
While the prime minister Modi flying in tejas has brought HAL into headlines. But there is more to it, the defence sector has seen a transformation and the street has been re-rating the stocks from this sector. Policy initiatives by the government led to changes both in the actual working and perception of defence sector companies.Their order books are brimming, stocks have outperformed the broader market indices and institutional interest has been growing in these companies. The question is whether this re-rating will sustain ? Key Points
Economic Times