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Union finance minister Nirmala Sitharaman on Sunday announced the setting up of a high-level committee on “Banking for Viksit Bharat”, signalling a comprehensive review of the financial sector as India prepares for its next phase of economic growth.“I propose setting up a high-level committee on banking for Viksit Bharat to comprehensively review the sector and…
As the Union Budget 2026–27 approaches, education stakeholders across schools, higher education, skilling, and edtech are calling for focused policy measures and financial support to strengthen learning outcomes, employability, and workforce readiness. These expectations come amid a steady rise in education allocations over the past few years and an increased emphasis on execution and infrastructure.The…
Venezuela’s national assembly (File photo) Venezuela’s National Assembly on Thursday approved a law to open the country’s oil sector to private companies, reversing a policy that has kept the industry under state control for more than 20 years. The vote comes less than a month after then-President Nicolás Maduro was seized in a US military…
To increase the port capacity and also, cater to the advancements in shipping, development of mega ports (greater than 300 MTPA capacity with 18+ meter draft) is on the agenda. (AI image) By Jagannarayan Padmanabhan and Parul Singhal Garg Prioritising efficiency-linked incentives (ELI) and promoting compliance with Sustainable Development Goals (SDGs) are among key asks…
The government has notified coking coal as a critical and strategic mineral, a step aimed at reducing India’s heavy dependence on imports and strengthening the domestic steel supply chain, according to an official statement.The move is expected to facilitate faster approvals, improve ease of doing business and accelerate exploration and mining activities, including the development…
Amid the backdrop of Budget 2026, India may need to revisit long-standing restrictions on voting rights in private sector banks if it wants to build stronger lenders capable of supporting the country’s long-term economic ambitions, according to experts.Vijay Mani, Partner and Banking and Capital Markets Leader at Deloitte India, and Russell Gaitonde, Partner, said the…
NEW DELHI: Prime Minister Narendra Modi on Tuesday said India is targeting $100 billion in investments in the oil and gas sector by 2030, as he pitched the country as a major destination for global energy investment at India Energy Week 2026.“We are working to take our investment in the Oil and Gas Sector to…
Banking operations at public sector banks across the country are likely to be disrupted on Tuesday as bank unions go ahead with a nationwide strike to press for the immediate implementation of a five-day work week. The strike has been called by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions…
Banking operations at public sector banks across the country are likely to be disrupted on Tuesday as bank unions go ahead with a nationwide strike to press for the immediate implementation of a five-day work week.The strike, called by the United Forum of Bank Unions (UFBU)—an umbrella body of nine unions representing bank officers and…
Ahead of the Union Budget, India’s fast-growing private space industry has called on the government to step up public procurement of space products and services and formally recognise space assets as critical infrastructure to unlock financing and accelerate scale-up.Industry leaders said assured government demand, along with easier access to long-term capital, is essential for domestic…
