The Securities and Exchange Board of India (SEBI) has imposed a total penalty of Rs 29 lak on six entities for multiple violations of Alternative Investment Fund (AIF) regulations. The fine targets prominent financial players including India Asset Growth Fund (IAGF), its manager Essel Finance Advisors and Managers (EFAM), and trustee Vistra ITCL (India), along…
The formal job market showed robust growth in April 2025 as the Employees’ Provident Fund Organisation (EPFO) added an impressive 19.14 lakh net members to its payroll. This represents a significant 31.31% increase from March 2025 while reflecting a modest 1.17% year-on-year growth compared to April 2024. The latest figures underscore expanding employment opportunities and…
In a significant move aimed at strengthening India’s coal production, Coal India’s subsidiary, Central Coalfields Ltd (CCL), is all set to bring two new coal mines into production during the current fiscal year. The expansion is expected to ramp up CCL’s production capacity by an additional 10–12 million tonnes per annum (MTPA), supporting the state’s…
Bengaluru-based contract manufacturing unicorn Zetwerk is set to invest between Rs 500–800 crore in expanding its component manufacturing capabilities. The ambitious investment will drive production of critical items such as printed circuit boards (PCBs), enclosures, and electromechanical components—including heat sinks and sensors—leveraging the government’s Production Linked Incentive (PLI) scheme. Zetwerk’s co-founder, Rahul Sharma, stated, “We…
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana, a flagship initiative by the Government of India, continues to provide vital financial support to small and marginal farmers. With the 20th instalment of ₹2,000 expected to be released by the end of June 2025, farmers across the country are eager to verify their inclusion in the…
In a major stride toward agricultural innovation and rural empowerment, the Uttar Pradesh government has developed 243 high-yield sugarcane varieties, aimed at enhancing farmers’ income, crop resilience, and productivity across the state. This initiative is part of the Yogi Adityanath-led administration’s broader mission to revitalize the sugarcane economy and make farming more profitable for lakhs…
The Bankers Institute of Rural Development (BIRD), a premier training and research institute promoted by NABARD, has announced five contractual vacancies for Cooperative Development Officers (CDOs) at its Lucknow campus under the Centre for Professional Excellence in Cooperatives (C-PEC). The recruitment drive offers attractive monthly stipends of ₹65,000 for Level 1 and ₹85,000 for Level…
Indian hockey stalwart Lalit Kumar Upadhyay has officially retired from international hockey, bringing the curtain down on a remarkable career that spanned over a decade and included two Olympic bronze medals. The 31-year-old forward made the announcement on Olympic Day, shortly after India’s 4-3 win over Belgium in their final FIH Pro League 2024–25 match….
Former India captain Sourav Ganguly has offered strong words of support for Gautam Gambhir, praising the current Team India head coach for his passion, transparency, and deep respect for senior players. Speaking ahead of India’s crucial Test series against England, Ganguly reflected on Gambhir’s evolution as a leader and his early challenges in the coaching…
Indian cricket legend Sunil Gavaskar has strongly criticized the England and Wales Cricket Board (ECB) for naming the ongoing India-England Test series the Anderson-Tendulkar Trophy, arguing that Sachin Tendulkar’s achievements far surpass those of James Anderson and that the batting maestro’s name should come first. “Anderson’s record is nowhere as good as Tendulkar’s in one-day…
