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Budget Allocates Rs 20,000 Crore To Science Department To Kickstart Research Fund
Signalling a commitment to research and development, Union Finance Minister Nirmala Sitharaman on Saturday allocated Rs 20,000 crore to the Department of Science and Technology as a corpus for a fund to promote private sector-driven innovation.
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Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
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Finance Minister Announces Rs 1 Lakh Crore Fund To Ramp Up Urban Infrastructure
To boost urban infrastructure, Union Finance Minister Nirmala Sitharaman on Saturday announced that the government will set up an Urban Challenge Fund of Rs 1 lakh crore to implement the proposals for 'cities as growth hubs'.
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Centre Announces Rs 15,000 Crore 'SWAMIH Fund' To Complete 1 Lakh Homes
Nirmala Sitharaman, in her budget speech, announced the SWAMIH Fund-2 following the success of the first fund.
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Budget 2025: Maritime Industry Gets A Development Fund Of Rs 25,000 Crore
Finance Minister Nirmala Sitharaman said the Maritime Development Fund will be used to support and promote competition.
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MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
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"Rich Nations Contribute More To WHO": Soumya Swaminathan on Trump's Funding Remarks
Former chief scientist of the World Health Organisation, Soumya Swaminathan on Saturday said the US opting out of WHO would not be good for anyone including that country.
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Tamil Nadu Universities In Dire Financial Crisis, Autonomy Eroded: Governor
Many state-run universities in Tamil Nadu are starved of funds and are in a dire financial crisis and unable to pay salaries to teachers, Tamil Nadu Governor R N Ravi said on Saturday.
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Hindenburg's Nate Anderson Under Cloud Over Alleged Links With Hedge Fund
US short seller Nate Anderson who announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies.
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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
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"Should Funds Be Used For Housing, Healthcare Or Cycle Tracks?" Supreme Court
The Supreme Court on Wednesday asked whether the money from the state exchequer should be used for creating housing, health and educational facilities for the poor or laying cycle tracks in the country.
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Sensex Down By Over 300 Points As Markets Continue To Be In Red
Benchmark indices Sensex and Nifty rebounded in early trade on Friday after two days of decline but soon succumbed to selling pressure as heavy foreign fund outflows made investors jittery.
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Lalu Yadav Party MLA, Others Raided In Co-op Bank 'Fraud' Case: Report
The Enforcement Directorate Friday conducted searches in multiple states, including in Bihar on premises linked to an RJD MLA, as part of a laundering investigation linked to an alleged funds embezzlement at a cooperative bank, official sources said.
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Trying To Flee Cops, Man Accused In Terror-Funding Case Falls To Death
Himanshu Kumar, who was from Bihar, was apprehended on Tuesday by the Madhya Pradesh Police's anti-terror squad in a cybercrime case allegedly linked to terror funding.
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Delhi Government, Lt Governor Must Settle Disputes Once And For All: Supreme Court
Disputes between the Delhi government and the LG must be resolved once and for all, the Supreme Court said on Thursday after being informed funds for a scheme meant for road accident victims were released.
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Budget Allocates Rs 20,000 Crore To Science Department To Kickstart Research Fund
Signalling a commitment to research and development, Union Finance Minister Nirmala Sitharaman on Saturday allocated Rs 20,000 crore to the Department of Science and Technology as a corpus for a fund to promote private sector-driven innovation.
-
Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
-
Finance Minister Announces Rs 1 Lakh Crore Fund To Ramp Up Urban Infrastructure
To boost urban infrastructure, Union Finance Minister Nirmala Sitharaman on Saturday announced that the government will set up an Urban Challenge Fund of Rs 1 lakh crore to implement the proposals for 'cities as growth hubs'.
-
Centre Announces Rs 15,000 Crore 'SWAMIH Fund' To Complete 1 Lakh Homes
Nirmala Sitharaman, in her budget speech, announced the SWAMIH Fund-2 following the success of the first fund.
-
Budget 2025: Maritime Industry Gets A Development Fund Of Rs 25,000 Crore
Finance Minister Nirmala Sitharaman said the Maritime Development Fund will be used to support and promote competition.
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
"Rich Nations Contribute More To WHO": Soumya Swaminathan on Trump's Funding Remarks
Former chief scientist of the World Health Organisation, Soumya Swaminathan on Saturday said the US opting out of WHO would not be good for anyone including that country.
-
Tamil Nadu Universities In Dire Financial Crisis, Autonomy Eroded: Governor
Many state-run universities in Tamil Nadu are starved of funds and are in a dire financial crisis and unable to pay salaries to teachers, Tamil Nadu Governor R N Ravi said on Saturday.
-
Hindenburg's Nate Anderson Under Cloud Over Alleged Links With Hedge Fund
US short seller Nate Anderson who announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies.
-
Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
-
"Should Funds Be Used For Housing, Healthcare Or Cycle Tracks?" Supreme Court
The Supreme Court on Wednesday asked whether the money from the state exchequer should be used for creating housing, health and educational facilities for the poor or laying cycle tracks in the country.
-
Sensex Down By Over 300 Points As Markets Continue To Be In Red
Benchmark indices Sensex and Nifty rebounded in early trade on Friday after two days of decline but soon succumbed to selling pressure as heavy foreign fund outflows made investors jittery.
-
Lalu Yadav Party MLA, Others Raided In Co-op Bank 'Fraud' Case: Report
The Enforcement Directorate Friday conducted searches in multiple states, including in Bihar on premises linked to an RJD MLA, as part of a laundering investigation linked to an alleged funds embezzlement at a cooperative bank, official sources said.
-
Trying To Flee Cops, Man Accused In Terror-Funding Case Falls To Death
Himanshu Kumar, who was from Bihar, was apprehended on Tuesday by the Madhya Pradesh Police's anti-terror squad in a cybercrime case allegedly linked to terror funding.
-
Delhi Government, Lt Governor Must Settle Disputes Once And For All: Supreme Court
Disputes between the Delhi government and the LG must be resolved once and for all, the Supreme Court said on Thursday after being informed funds for a scheme meant for road accident victims were released.
