Cabinet Approved Venture Capital Fund of Rs 1,000 Crore for Space Startups
The cabinet has given approval for a Rs 1,000 crore venture capital (VC) fund to blooster growth of space startups by providing crucial early-stage funding. ...
Tag : Cabinet
GOI Approved Unified Pension Scheme for Central Government Employees
On August 24, 2024, the Cabinet gave the green light to introduce the Unified Pension Scheme (UPS), a reform intended to benefit around 23 lakh...
GOI Plans To Seek Cabinet Approval For Shipbuilding Policy with Recycling Incentives
The Government of India (GOI) plans to seek Cabinet approval for a policy to increase India’s presence in the global shipbuilding market. The proposed policy...
RVNL Shares Gained 9.5% On Receiving Cabinet Approval of Rs 24,657 Crore Projects
Shares of Rail Nigam Vikas Ltd. surged by almost 10% to touch a day’s high of Rs 573.40 on 12th August, after the cabinet committee...
Nirmala Sitharaman Reappointed as India’s Finance Minister: Modi 3.0 Cabinet
Nirmala Sitharaman has been reappointed as India’s finance minister in Prime Minister Narendra Modi’s government in 2024. Her return to the finance ministry follows days...
Cabinet Approves Rs 76K Crore Incentive Scheme For Semiconductors
The Cabinet has approved the Rs 76,000 crore incentive scheme for semiconductors. Under this scheme, India will set up over 20 semiconductor design, components manufacturing...
Gati Shakti Master Plan Launch Expected in Next Month
The Centre may launch till October the ambitious Rs 100-trillion national master plan for multimodal connectivity, also known as Gati Shakti, aimed at accelerating economic...
Cabinet Approves Rs 9000 Crore Infusion in IDBI Bank
On Tuesday, the Cabinet has approved a capital infusion plan of Rs 9,300 crore for IDBI Bank. The Cabinet cleared the IDBI Bank recapitalisation plan...
Cabinet gives nod to raise MSP for Kharif crops
The Union Cabinet has given approval to the proposal for raising Minimum Support Price (MSP), for Kharif crops. MSP for paddy, which was Rs.1,550 per quintal, has...
HDFC Bank gets Cabinet approval to raise Rs.24,000 crore as FDI
HDFC Bank has received Union Cabinet approval for foreign direct investment (FDI) worth Rs.24,000 crore. Piyush Goyal, Finance Minister after the Cabinet meeting stated that, this investment...
