Business

Collaboration aims to extend handholding support to MSMEs & help them link to the formal financial system Towards the objective of facilitating availability, accessibility & affordability of credit to MSMEs, National Small Industries Corporation (NSIC) entered into Memoranda of Understandings (MOUs) with various private sector banks such as Axis Bank, Dhanlaxmi Bank, Karnataka Bank, AU Small Finance Bank and IndusInd Bank on 11th August, 2025 under its MSME Credit facilitation program. The Occasion witnessed the august presence of Shri Jitan Ram…

AI Powered Tool  to Fast-Track Gram Sabha Meeting Summaries The Ministry of Panchayati Raj (MoPR) is set to launch SabhaSaar, an Artificial Intelligence (AI)-powered meeting summarization tool designed to automatically generate structured Minutes of Meeting (MoM) from Gram Sabha or other Panchayat meetings’ audio and video recordings. The launch will take place today, in the presence of Union Minister of Panchayati Raj, Shri Rajiv Ranjan Singh alias Lalan Singh and Union Minister of State for Panchayati Raj, Prof. S.P.Singh Baghel in…

NITI Aayog held the Fifth Consultative Meeting on “Ease of Doing Research & Development (R&D)” hosted by GUJCOST at Science City, Ahmedabad on 12-13 August 2025, bringing together over 110 participants, the heads of academic institutes and research institutions, and policymakers, to deliberate on strategies for strengthening India’s research and innovation ecosystem. The meeting aimed to build consensus on reducing procedural barriers, increasing access to knowledge resources, enhancing institutional competitiveness, increased emphasis on translational research, and fostering a more enabling environment…

Innovation is a Symbol of Sovereignty and Will Drive India’s Global Progress: Shri Piyush Goyal New ISA Building to Serve as Foundation for R&D and Innovation in India’s Intellectual Property Ecosystem Union Minister of Commerce and Industry Shri Piyush Goyal today inaugurated the newly expanded ISA building of the Intellectual Property Office (IPO) in Dwarka, New Delhi. Speaking on the occasion, the Minister said that innovation has been an integral part of India’s identity for centuries and is not a…

PG Diploma Programmes Commence at IGNCA with Emphasis on Experiential Learning The Indira Gandhi National Centre for the Arts (IGNCA), New Delhi, an autonomous trust under the Ministry of Culture, along with the Birbal Sahni Institute of Palaeosciences (BSIP), Lucknow, an autonomous institute under the Department of Science and Technology, signed a Memorandum of Understanding (MoU) at IGNCA, New Delhi. On the occasion, an orientation programme for the eleven PG Diploma Courses conducted by the Indira Gandhi National Centre for…

One Lakh Youth Leaders in the Age Group 18-29 Years to be Created Across the Country MY Bharat, Department of Youth Affairs, Ministry of Youth Affairs & Sports, Government of India, has signed a Memorandum of Understanding (MoU) with the School of Ultimate Leadership Foundation (SOUL) to collaborate on knowledge sharing, capacity building, and youth leadership development. The partnership aims to support the national vision of creating 100,000 youth leaders in the age group of 18–29 years from across India…

India Semiconductor Mission: Momentum builds further as India advances into Compound Semiconductor and Advanced Packaging landscape The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved four more semiconductor projects under India Semiconductor Mission (ISM). Momentum is building up in semiconductor ecosystem in India with the six approved projects already in various stages of execution. These four proposals approved today are from SiCSem, Continental Device India Private Limited (CDIL), 3D Glass Solutions Inc., and Advanced System in Package (ASIP)…

Ministry of Petroleum and Natural Gas has on 11 August 2025 issued a detailed response to certain concerns raised on the impact of 20% Ethanol Blended Petrol (E-20) on mileage and vehicle life.  In response to the further queries received, a detailed response is listed below: Biofuels and Natural Gas are India’s bridge fuels. They represent a viable, non-disruptive transition towards meeting our commitments to a greener world and are in line with our Nationally Determined Contribution (NDC) wherein India…

“Sets up Maritime State Development Council (MSDC) to boost cooperative federalism for holistic port development”: Shri Sarbananda Sonowal “Bill embodies PM Shri Narendra Modiji’s vision of ‘Ports for Prosperity’ ensuring future ready Indian maritime sector:” Shri Sarbananda Sonowal In a historic moment, the Lok Sabha passed the Indian Ports Bill, 2025 ushering in a new era of India’s maritime future. The act will modernise India’s port governance, enhance trade efficiency, and solidify India’s position as a global maritime leader. ‘Replacing colonial-era…

Mobilizes lakhs of students across the country to build, innovate together in real-time In a groundbreaking display of collective innovation, the Atal Innovation Mission (AIM), NITI Aayog, today hosted ‘Mega Tinkering Day’, India’s largest-ever school-based tinkering event, bringing together students from over 10,000 Atal Tinkering Labs (ATLs) across all 35 states and union territories. Held virtually and simultaneously in schools nationwide, the event saw participation of 4,73,350 students from 9467 ATL equipped schools who engaged in a hands-on project to…