ONE NATION ONE OMBUDSMAN SCHEME

Recurring deposit (RD) premature withdrawal: Eligibility, interest rate, other rules explained

Post office RD scheme: You might have invested money in a post office RD scheme, however due to any financial need or trouble you may wish to prematurely break it. This is because a post office RD scheme has a tenure of five years from the date of opening. Read here to know more about post office RD scheme.

UP Chief Minister Yogi Adityanath reviews One Family, One Identity scheme

Uttar Pradesh Chief Minister Yogi Adityanath reviewed the 'Family ID' process for each family unit in the state, emphasising quick implementation to provide government benefits and employment opportunities. Currently, 15.07 crore people from 3.60 crore families benefit from the National Food Security Scheme, with ration card numbers serving as Family IDs. Over 1 lakh families without ration cards have also received Family IDs. The initiative aims to create a comprehensive database for better scheme management and 100% delivery to eligible beneficiaries.

Ministry of Labour & Employment showcases e-Shram portal at 112th International Labour Conference in Geneva

The e-Shram portal, introduced at the 112th International Labour Conference in Geneva, led by Secretary Sumita Dawra, aims to assist India's unorganised workers with a comprehensive solution.

Manufacturing mutual funds offer up to 68% in one year. Should you consider?

Manufacturing mutual funds, including ICICI Prudential Manufacturing Fund and Mirae Asset Nifty India Manufacturing ETF, have delivered impressive returns up to 68% in the last year. Modi's 'Make in India' initiative has boosted the manufacturing sector, attracting investors to thematic and sectoral funds.

One District One Product scheme is catalysing UP's export potential, says Alok Kumar, Principal Secretary, MSME and Export Promotion, UP Govt

The One District One Product (ODOP) scheme has made a big difference in many industrial segments across UP, and it has also been a significant catalyst for the country's economic growth, according to Alok Kumar, Principal Secretary, MSME and Export Promotion, UP Government.

Tata Motors Finance to be merged with Tata Capital

Tata Motors announced a merger of Tata Motor Finance with Tata Capital, approved by their respective boards. This aligns with Tata Motors' strategy to focus on core businesses and emerging technologies. Tata Capital will issue its equity shares to Tata Motor Finance shareholders, giving Tata Motors a 4.7% stake in the merged entity. Tata Capital, a major NBFC in India, will expand its presence in CV/PV financing, aiming to offer innovative products and digital services. The merger is subject to regulatory approvals and is expected to take 9-12 months to complete, with no adverse impact on customers or creditors.

Pill for China plus one

Indian pharma CEOs met senior officials in FDA and other key agencies to start a conversation. Even if a little late, given the looming presidential election, the proposal deserves attention. The basic idea is to capitalise on India's expertise and infra for manufacturing through financial incentives, tech sharing, collaborative research and tech transfers to expand production in both countries. Pursue onshoring in America and friendshoring in India to reduce dependence on China. And aggregate US, Indian and European demand for certain drugs, as IPA secretary general Sudarshan Jain told me.

Trouble with bank and can't find resolution? File a complaint against bank with RBI Ombudsman; who are eligible, when, where to file

RBI Ombudsman: Facing any issue with your bank? First try to solve it by filing a complaint, etc. If it is still not solved you may approach the Reserve Bank of India (RBI) and file a complaint under the 'Banking Ombudsman Scheme'. Read here to know who can file such a complaint and when will such a complaint not be considered.

Modi government playing with national security, youth's future by bringing in Agnipath scheme: Jairam Ramesh

Congress leader Jairam Ramesh accused the Modi government of endangering national security and youth's future by introducing the Agnipath scheme. He vowed to scrap the Agnipath military recruitment scheme when in power. Ramesh criticised the scheme for reducing armed forces recruitment and claimed it compromised India's negotiating power against China. The scheme, introduced in June 2022, aimed to lower the age profile of the armed forces by recruiting youngsters aged 17-and-half to 21.

Central govt employees' pension: NPS to OPS switch? Centre releases new FAQ answering all your queries

NPS vs OPS: The Centre allowed central government employees to switch from NPS to CCS (Pension) Rules, 1972 (now 2021), known as the old pension scheme. The Department of Pension and Pensioners’ Welfare released FAQs to address queries on the implementation of the switch. All the central government employees and pensioners must know

'Time to choose': Rishi Sunak calls UK national election for July 4

British Prime Minister Rishi Sunak has called for a national election on July 4, challenging voters to decide between the progress made under his Conservative Party or risking a return to uncertainty with the Labour Party. Despite trailing in polls, Sunak highlighted economic stability and accused Labour leader Keir Starmer of lacking a plan. Starmer emphasized "change" as he aims to rebuild Britain. Sunak's decision to call the election earlier than expected is seen as a risky move, with the outcome uncertain amid economic challenges and political divisions.

After rooftop scheme, plan in works to drive solar pumps

The government plans to streamline the installation of solar agricultural pumps for farmers under the PM-KUSUM scheme by connecting them directly to vendors through a national portal, similar to the PM Suryaghar Muft Bijli Yojana for solar rooftop schemes. This initiative aims to simplify the process, reduce delays, and empower farmers to choose their preferred solar pumps. The scheme's subsidy structure, with 30% from the Centre and a minimum of 30% from states, will remain unchanged. The national portal will also accommodate state subsidies, enhancing efficiency in implementation.

Naveen Patnaik pushed Odisha back 50 years during BJD's 25-year rule: Amit Shah

Amit Shah criticized Odisha CM Naveen Patnaik for regressing the state by 50 years during BJD's 25-year rule, urging voters to support BJP. He promised to reveal the judicial commission report on the missing keys of Puri Jagannath temple's Ratna Bhandar within six days of government formation and highlighted PM Modi's success in countering terrorism and Naxalism in India.

Youth Congress launches national outreach to hardsell Congress guarantees for Youth

Conceived at a recent IYC national council meeting, the campaign was launched by Rahul Gandhi with the Youth Congress national president Srinivas BV spreading the campaign. The outreach, through home visits across the states, showcases five Congress guarantees to the youth –to fill up three million job vacancies in the central government, to pay Rs 1 lakh annual apprenticeship (about Rs 8,500 monthly) to every graduate and diploma holder below 25 years, to provide Rs 5,000 crore corpus to fund startups by the youth, a law to curb the menace of examination paper leaks and the promise to scrap the Agnipath scheme for recruitment in the army.

PSBs to identify one 'champion sector' in their business plans

This initiative is part of the Viksit Bharat (developed nation) strategy for PSBs, which includes onboarding sector-specific advisors and developing credit underwriting models to expedite loan approvals.

Chinese smartphone companies looking to expand their footprint face a loud adversary—Indian retailers

Chinese smartphone brands face retailer backlash in India over low margins, delayed payments, and stock issues. Retailers demand higher margins and timely settlements, impacting brands' offline expansion plans in a shifting smartphone market.

BJP manifesto talks about 'One Nation, One Poll', UCC; doesn't mention NRC

Prime Minister Narendra Modi on Sunday launched BJP manifesto 'Sankalp Patra' which has the imprint of 'Modi Ki Guarantee'. Refraining from announcing any new sops, he reiterated the party's commitment on 'one nation, one election' and uniform civil code, but skipped any mention of the National Register for Citizens (NRC).

China Plus One, PLI scheme throw up a rising star that shows India the way

Traditionally, Indian businesses faced challenges competing with China. However, within a short span, many have not only rivaled Chinese firms globally but have also become symbols of homegrown manufacturing prowess. Dixon Technologies, India's largest electronics contract manufacturer, seized opportunities offered by the Production-Linked Incentive (PLI) scheme amidst a shift away from China due to geopolitical tensions.

Decoding Congress 2024 manifesto: Scrapping Agnipath, sacking Manipur govt; what all ‘Nyay Patra’ promises

Serious constitutional crisis has arisen in Delhi, says CM Kejriwal

Delhi Chief Minister Arvind Kejriwal raised concerns over a "serious constitutional crisis" in the capital, attributing it to officers' refusal to work due to alleged "threats and pressure" from the BJP. He highlighted hindrances faced by a one-time settlement scheme for rectifying water bills, which he claims is being obstructed by officers under BJP pressure. Kejriwal urged Lt Governor VK Saxena to intervene, emphasizing that the scheme would benefit 10.5 lakh families.

Tamil Nadu CM Stalin moves resolutions against 'One Nation One Election', Delimitation

'One Nation, One Election' is a proposal of the Indian government that aims to simultaneously conduct elections for the Lok Sabha and all state assemblies. The proposal is currently under consideration of a committee led by former President Ram Nath Kovind.

What is the last date to update FASTag KYC

After completing the KYC procedure, residents will be immediately connected to the One Vehicle, One FASTag initiative.

Modi govt leaving no stone unturned to ensure well-being of armed forces veterans: Rajnath Singh

Defence Minister Rajnath Singh reiterated the government's commitment to the welfare of armed forces veterans, mentioning the implementation of the "one rank, one pension" scheme and provision of healthcare and re-employment. The Armed Forces Veterans' Day is celebrated on January 14 every year to recognise the service rendered by the first Commander-in-Chief of the Armed Forces, Field Marshal K M Cariappa, who retired on this day in 1953.