India's coal output crosses a billion tonnes in 2024-25
In a significant milestone, India crossed the record annual coal output of 1 billion tonnes (bt) on Thursday to hit 1.03 bt, constituting a 5.24 per cent uptick over the total production of 953.3 million tonnes in 2023-24.
The landmark that comes days ahead of this financial year’s end, was driven by a 1.3 per cent rise in Coal India’s output, albeit on a large base, along with a substantive 29 per cent growth in the production of the energy-laden sedimentary rock by privately owned captive and commercial coal mines.
India sends $1 million worth machinery to Suriname to boost Passion fruit industry
India has sent machinery valued at one million US dollars to Suriname as a component of its development partnership aimed at fostering the growth of the nation’s Passion fruit industry. In a social media post, Ministry of External Affairs Spokesperson Randhir Jaiswal said that the initiative is to bolster the India-Suriname development partnership.
ULIP crosses 100 crore API transactions, boosting India’s logistics efficiency
The Unified Logistics Interface Platform (ULIP) has achieved a major milestone, recording over 100 crore API transactions, marking a significant step towards building a tech-driven logistics ecosystem in India, the Ministry of Commerce & Industry said in a statement on Wednesday.
ULIP, launched under the National Logistics Policy (NLP) by Prime Minister Narendra Modi in September 2022, aims to create an integrated, efficient, and technology-enabled logistics sector. Since its inception, ULIP has connected 43 systems from 11 ministries through 129 APIs, covering more than 1,800 data fields.
Union Minister of Commerce & Industry, Piyush Goyal, said, “ULIP’s success wouldn’t have been possible without the collaborative efforts of users, logistics stakeholders, and government departments who are leveraging API integrations to create impactful solutions. This milestone brings to life our Prime Minister’s vision of a seamless logistics ecosystem that strengthens Ease of Doing Business and positions Bharat as a global trade and manufacturing powerhouse.”
DPIIT and Kyndryl Partner to Drive Innovation in India’s Manufacturing and IT Startup Ecosystem
The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, and Kyndryl Solutions Pvt Ltd, have signed a Memorandum of Understanding (MoU) to accelerate innovation and scale India’s startup ecosystem. The partnership will focus on supporting startups in the manufacturing and IT sectors by leveraging Kyndryl’s expertise in digital transformation and Generative AI solutions.
Speaking on the occasion, Joint Secretary, DPIIT, Shri Sanjiv, stated that this collaboration marks an important step in fostering an innovation-driven startup ecosystem in India. By leveraging Kyndryl’s global expertise and enterprise solutions, DPIIT aims to support startups in scaling their operations and driving technological advancements across industries.
Under this partnership, startups will be empowered through mentorship, infrastructure support, and market access, enabling them to integrate their solutions into enterprise ecosystems across industries such as automotive, pharmaceuticals, BFSI, oil & gas, and government services. Kyndryl will institutionalize dedicated programs to support digital product startups, AI-driven innovators, and entrepreneurs.
Indian Railways Advances Hyperloop Technology with MoU Between RDSO and IIT Madras, Secures Rs. 20.89 Crore Funding
Hyperloop is an emerging technology and is at nascent stage of development. The technical and safety parameters of Hyperloop are yet to be framed worldwide. Hyperloop is expected to be faster, more energy efficient and sustainable than other transportation modes. As an initiative, Research Designs and Standards Organisation (RDSO), a unit under Ministry of Railways, has signed Memorandum of Understanding (MoU) with IIT/Madras with a funding of Rs.20.89 crores for setting up a Centre of Excellence for Hyperloop technology with the objective of development of sub scale model of Pod, Test Track & Vacuum Tube facility of the futuristic full-scale Hyperloop at IIT/Madras for validation of this technology.
This information was given by the Union Minister of Railways, Information & Broadcasting and Electronics & Information Technology Shri Ashwini Vaishnaw in a written reply in Lok Sabha today.
BCCI announces Rs 58 Crore reward for Team India after ICC Champions Trophy 2025 triumph
The BCCI has announced a cash reward of Rs 58 Crore for Team India after its ICC Champions Trophy 2025 triumph, recognizing the efforts of players, coaching staff, and selectors.
Under Rohit Sharma’s leadership, India dominated the tournament with four convincing wins. It defeated Bangladesh and Pakistan by six wickets each, secured a 44-run victory over New Zealand, and overcame Australia by four wickets in the semifinal before winning the final against New Zealand.
India has won 23 of its last 24 completed matches in ICC men’s limited-overs tournaments. Its only defeat came in the 2023 ODI World Cup final against Australia, snapping a 10-match winning streak in that tournament.
Sebi lowers minimum investment in social stock exchange to Rs 1,000
Capital markets regulator Sebi on Wednesday said it has reduced the minimum investment amount for Zero Coupon Zero Principal (ZCZP) instruments on the Social Stock Exchange from Rs 10,000 to Rs 1,000.
ZCZP are instruments for donating money to non-profit organizations (NPOs) listed on the SSE. The move aims to enhance retail participation in social impact investments.
"Based on recommendations of the Social Stock Exchange Advisory Committee and public comments received in respect of the consultation paper...it is decided to review the existing minimum application size for subscribing to Zero Coupon Zero Principal Instruments from Rs 10,000 to a lower amount i.e. Rs 1,000," Sebi said in a circular.
Ministry Of Ayush Launches Rashtriya Karmayogi Jan Seva Programme To Build A Citizen-Centric Workforce
The Ministry of Ayush launched the first batch of the Rashtriya Karmayogi Jan Seva Programme on Wednesday, aiming to build a more accountable, compassionate, and citizen-centric workforce, according to an official statement. Vaidya Rajesh Kotecha, Secretary of the Ministry of Ayush, inaugurated the program, which is part of the broader Capacity Building Commission initiative designed to transform the mindset of Central Government employees toward public service.
The Rashtriya Karmayogi Jan Seva Programme emphasizes the spirit of “Seva Bhav” (service) and encourages public servants to view their roles as opportunities to bring meaningful change to people’s lives. It seeks not only to promote service but also to upskill employees, broadening their perspectives on their responsibilities.
Kotecha explained that the program aims to help participants recognise the privileges they hold and inspire them to contribute to the well-being of others through both their professional duties and personal growth. He highlighted the dual focus on service and self-improvement, urging employees to integrate these principles into their work.
Delhi police launch ‘Shishtachar’ squad against eve-teasing
Delhi Police has formed district-wise dedicated anti-eve-teasing squads (Shistachar squads) across the national capital to check incidents of harassment and ensure the safety of women in public spaces, officials said on Monday.
According to the police, they have been implementing multiple initiatives to curb crimes against women, including eve teasing, molestation, and other forms of harassment with the objective of fostering a safer public environment. Each district will form at least two squads, which will be supervised by the ACP Crime Against Women cell of the concerned district.
According to a circular by the Delhi Police Commissioner, each squad will comprise an inspector, a sub-inspector, four female officers, five male officers and one personnel from special staff from the anti-auto theft squad for technical assistance.
IDFC FIRST Bank Launches ACE feature on the mobile banking app to Empower Investors with Smart Investments in Mutual Funds
IDFC FIRST Bank has unveiled Ace Feature on its premium Mobile Banking App, that provides relevant insights and tools to allow investors make an informed Mutual Fund investment decision. This feature aims to empower an individual with 'do-it-yourself' investing, digitally.
The ACE Feature on the IDFC FIRST Bank app provides rich and useful details on more than 2500 Mutual Funds in India. Investors can browse through various fund categories (like Equity, Debt, Tax-Saving, Hybrid, and Index funds) and choose the right need-based fund to build a diversified portfolio.
IDFC FIRST Bank Customers can also access detailed information - like historical fund performance (1Y, 3Y & 5Y), holding patterns (by sectors, companies, and market cap), and expert ratings on each fund (Morningstar Rating).