Madhya Pradesh’s ?2,100 cr textile park set to boost industry and create thousands of jobs
Madhya Pradesh has received approval for ₹2,100 crore PM Mega Integrated Textile Region and Apparel (PM MITRA) Park, an integrated textile park, Chief Minister Dr Mohan Yadav said.
Sanctioned by the Union Ministry of Textiles under Prime Minister Narendra Modi’s leadership, the project is set to transform the state’s industrial landscape and elevate India’s textile sector globally, the state government said in a statement.
Spanning 2,100 acres in Bhainsola village, Dhar district, the ultramodern park will feature a 20 MLD Zero Liquid Discharge plant, solar-powered facilities, plug-and-play units, and worker housing.
RBI cancels licence of Imperial Urban Co-op Bank over inadequate liquidity
The Reserve Bank of India on Friday said it has cancelled the licence of Jalandhar-based Imperial Urban Co-operative Bank as the lender does not have adequate capital and earning prospects.
The Registrar of Cooperative Societies, Government of Punjab has also been requested to issue an order for winding up of the bank and appoint a liquidator for the bank.
On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC).
As per the data submitted by the bank, RBI said 97.79 per cent of the depositors are entitled to receive the full amount of their deposits from DICGC.
Isro takes lead role of 'International Charter Space and Major Disasters'
India, through Isro, once again demonstrated its initiative in space-based disaster management by assuming the lead role of the "International Charter Space and Major Disasters" for six months from April 2025, the space agency said on Saturday.
The lead role tenure started with the National Remote Sensing Centre (NRSC)/Isro organising the 53rd meeting of the Charter in Hyderabad during April 14-17, it said.
According to Isro, it witnessed the participation of major global space agencies (with 22 foreign delegates attending in person) engaged in space-based disaster management activities.
Former Inter Milan and Brazil striker Jair da Costa dies at 84
Brazilian striker Jair da Costa, who helped Inter Milan win its first two European Cups in the 1960s, has died in Osasco, outside Sao Paulo. He was 84.
The Brazilian Football Confederation announced the death on Saturday without elaborating.
Da Costa was a key forward for the Inter side which won the European Cup in 1963 against Alfredo Di Stefano’s Real Madrid, and in 1964 against Eusebio’s Benfica. Da Costa scored the only goal in the 1964 final at the San Siro. He also won four Serie A titles.
Delhi launches ?10 lakh health cover for elderly
The Delhi government on Monday introduced the Ayushman Vay Vandana scheme, offering senior citizens aged 70 and above a comprehensive health cover of up to ₹10 lakh annually. This initiative combines ₹5 lakh coverage from the central government’s Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) with an additional ₹5 lakh provided by the Delhi government.
Chief Minister Rekha Gupta and Union Minister Hardeep Singh Puri inaugurated the scheme at Thyagaraj Stadium, distributing the first batch of Ayushman Vay Vandana cards to beneficiaries. These health cards will store complete medical records, facilitate regular check-ups, and provide emergency service details.
11th BRICS Labour & Employment Ministers’ Meeting 2025 Adopts Declaration Under Brazilian Presidency
Union Minister of State for Labour & Employment, Sushri Shobha Karandlaje, led the Indian delegation at the BRICS Labour & Employment Ministers’ Meeting held under Brazil’s Presidency in Brasília on 25th April 2025. The meeting, convened under the slogan “Strengthening the Cooperation of the Global South for More Inclusive and Sustainable Governance”, culminated in the adoption of a forward-looking declaration addressing two pivotal themes: “Artificial Intelligence (AI) and the Future of Work” and “The Impacts of Climate Change on the World of Work and a Just Transition”.
Sushri Karandlaje highlighted India’s human-centric approach to technological transformation, aligning with Prime Minister Shri Narendra Modi’s vision of “Technology for Empowerment, Not Exclusion”. She highlighted India’s National Strategy for AI, which prioritizes ethical adoption, workforce upskilling, and sectoral applications in agriculture, healthcare, and education. Initiatives like FutureSkills Prime and the Namo Drone Didi program exemplify India’s commitment to creating tech-enabled livelihoods, especially for rural women and youth. The National Career Service (NCS) platform, powered by AI, was showcased as a model for bridging skill gaps and connecting millions to employment opportunities.
FinMin includes I4C under PMLA for info sharing
The government has authorised Indian Cyber Crime Coordination Centre (I4C) to share and receive information from the Enforcement Directorate under the anti-money laundering law, a move aimed at detecting money trail and combating cyber frauds.
Established under the home ministry, I4C is envisaged to act as the nodal point to curb cybercrime in the country. I4C focusses on improving coordination between various law enforcement agencies and the stakeholders, driving change in India's overall capability to tackle cybercrime.
In a notification dated April 25, the Revenue Department under the Finance Ministry included I4C under Section 66 of the Prevention of Money Laundering Act (PMLA). This would help I4C to share and receive information from the Enforcement Directorate (ED) and other law enforcement agencies.
HMD Global to launch direct-to-mobile phones in India
In a major step towards advancing India’s technological landscape, HMD Global, in collaboration with FreeStream Technologies (incubated at IIT Kanpur), Tejas Networks, and other partners, has unveiled plans to address the growing demand for Direct-to-Mobile (D2M) phones in the country. The announcement will be officially made at the ‘World Audio Visual and Entertainment Summit (WAVES) 2025,’ set to take place from May 1-4 in Mumbai.
D2M technology represents a breakthrough in next-generation broadcasting by enabling the delivery of OTT and live TV, video, audio, and text messages directly to mobile phones without relying on Wi-Fi or internet services.
This innovation aligns with Prime Minister Narendra Modi’s vision for a ‘Viksit Bharat’ and further strengthens the ‘Make in India’ initiative.
Liverpool crowned 2024–25 Premier League Champions
The red side of Merseyside erupted in celebration as Liverpool FC clinched their 20th English league title with a commanding 5–1 victory over North London rivals Tottenham Hotspur at Anfield on Sunday.
Goals from midfielders Cody Gakpo and Alexis Mac Allister, alongside strikes from forward Luis Díaz and the ever-reliable Egyptian King, Mohamed Salah, powered the Reds to their second Premier League title—marking their first since the historic triumph in 2020. Tottenham’s only consolation came from Dominic Solanke.
With four games still remaining in the season, Liverpool secured the top spot in the Premier League table, sitting comfortably on 82 points after Sunday’s emphatic win.
This title win comes in the very first season under new manager Arne Slot, who took over the reins following the departure of Jürgen Klopp in 2024. Klopp, who spent eight legendary years at the club, leaves behind a legacy of silverware and unforgettable moments—his successor now writing the next glorious chapter in Liverpool’s storied history.
Union Minister Ashwini Vaishnaw Launches Guidelines and Portal for Electronics Component Manufacturing Scheme
Speaking at the launch, Union Minister outlined the Government’s clear strategy for electronics manufacturing. He said India started its journey by manufacturing finished products to build volume and basic confidence, enabling downward integration. This was followed by module-level manufacturing, then component manufacturing, and now manufacturing of materials that build components. Highlighting that finished goods account for 80 to 85 percent of the value chain, he noted that the scale achieved in electronics manufacturing has been phenomenal.
The Minister stated that electronics production has grown five-fold and exports have grown more than six-fold, with export CAGR exceeding 20% and production CAGR over 17%. He added that mobile phones, servers, laptops, and IT hardware have seen very strong progress and that the industry is poised to take off significantly.
Shri Vaishnaw described ECMS as a horizontal scheme that will support not just electronics but also industrial, power, automobile sectors and more. He emphasized that a complete ecosystem for electronics manufacturing is coming into place across the country.