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FM Nirmala Sitharaman

FM Nirmala Sitharaman says job schemes introduced in the budget not a mandate, just a nudge to companies

Three employment-linked schemes were announced in the union budget as part of the Prime Minister’s package. These schemes will be based on enrollment in Employees' Provident Fund Organization (EPFO), focus on recognition of first-time employees, and support to employees and employers.

Byju’s faces bankruptcy

Byju’s faces bankruptcy proceedings following BCCI petition over 158 crore default

Byju Raveendran, the visionary behind the renowned edutech giant, Byju’s, is on the brink of losing his managerial grip on the company he established in 2011. Once valued at $22 billion in 2022, Byju’s has faced a series of financial setbacks, causing its valuation to plummet to below $200 million.

Union Budget 2024-25

Union Budget 2024-25: Anticipations high as government prepares transformative reforms

The Union Budget 2024-25, set to be presented by Finance Minister Nirmala Sitharaman on July 23, aims to chart India’s path to becoming a developed nation by 2047. Key focus areas include infrastructure development, digital transformation, MSME support, and financial inclusion. Market expectations highlight potential changes in import duties, retail sector boosts, and significant reforms in the education sector.

Rajul Patkar and Mukul Singh

IIT Bombay scientists develop Nutrisen, a technique to advance soil testing

Rather than increasing the number of expensive and resource-intensive labs, Rajul and her colleague Mukul created Nutrisens, a portable device that makes soil testing as simple as using a glucometer.

Adani Vizhinjam port in Kerala

First mothership docks at Adani's Vizhinjam Port, boosts India's global port presence

The arrival of the first mother ship at Adani Group's Vizhinjam Port has put India in the global port business as the port is expected to be ranked 6th or 7th internationally.

Former RBI Chief Raghuram Rajan | Photo: Bloomberg

Services sector holds greater potential for India's economic growth: Raghuram Rajan

Former RBI Governor emphasizes the need for decentralized education and healthcare services to bolster India's economic progress.

Harsh Sanghvi, Home Minister of Gujarat

Gujarat police launch operation against private loan sharks; over 100 FIRs lodged

Following multiple suicides due to harassment from private lenders, a crackdown has been initiated which will continue till July 31. As many as 134 FIRs have been filed in the special drive against 226 people who were lending money at excessive interest rates and subsequently pressing the borrowers to pay back.