New Delhi, Mar 25 (BNP): The Reserve Bank of India (RBI) has proposed revised guidelines to strengthen safeguards against unauthorised electronic banking transactions, including a compensation mechanism for small-value frauds and enhanced use of artificial intelligence in fraud detection. The draft instructions, released for public consultation on March 6, 2026, aim to update the existing 2017 framework in view of rapid technological adoption in banking…
DPIIT Signs MoU with Blue Star to Boost Manufacturing, Startup Ecosystem
New Delhi, Mar 25 (BNP): The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a memorandum of understanding with air conditioning major Blue Star Ltd to support startups and strengthen India’s manufacturing and innovation ecosystem. The partnership aims to promote product startups working in areas such as HVAC technologies, digital solutions, advanced manufacturing, and supply chain innovation, officials said. Under the collaboration,…
India’s Exports Rise to $714.73 Billion in Apr–Jan FY26
New Delhi, Mar 25 (BNP): India’s total exports of merchandise and services rose to $714.73 billion during April–January of FY 2025–26, registering a growth of 5.26 per cent over $679.02 billion in the corresponding period of the previous fiscal, the government said on Tuesday. The data reflects continued resilience in India’s trade performance despite global uncertainties, supply chain disruptions, and volatile commodity prices. Over the…
MSP Procurement, Insurance Schemes Strengthen Farmers’ Income: Govt
New Delhi, Mar 25 (BNP): Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said farmers’ incomes have doubled under the current government, citing higher minimum support prices (MSP), record procurement, and expanded welfare schemes. Replying to questions in the Lok Sabha, Chouhan said the government is committed to ensuring farmers receive fair prices for their produce in all situations and has built a “strong security…
Govt Launches Focused Plan for 100 Districts Under Dhan-Dhaanya Krishi Yojana
New Delhi, Mar 25 (BNP): The Centre has identified 100 districts across the country under the Prime Minister Dhan-Dhaanya Krishi Yojana (DDKY) to drive the next phase of agricultural growth, focusing on regions with low productivity and limited credit access. The districts have been selected based on three key indicators — low crop productivity, low cropping intensity, and inadequate agricultural credit disbursement. The scheme aims…
Govt Highlights Impact of PM-Kisan on Farm Income, Rural Economy
New Delhi, Mar 25 (BNP): The Centre has disbursed over ₹4.27 lakh crore to farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme through 22 instalments since its launch in February 2019, the government informed Parliament on Tuesday. The scheme provides ₹6,000 annually to eligible landholding farmers in three equal instalments through Direct Benefit Transfer (DBT) into Aadhaar-linked bank accounts. During the release of…
Green Xentro Expands Fleet to 2,500 Fully Electric Taxis Powered by Green GSM Platform in the Philippines
ANTIPOLO CITY, PHILIPPINES – 24 March 2026 – Green Xentro has launched the initial phase of a 2,500-unit fleet of fully electric (BEV) taxis in Rizal province, under a strategic partnership with the global mobility platform Green GSM. This marks one of the largest BEV taxi rollouts in the Philippines to date, as well as the first large-scale implementation of a partner-led expansion model designed…
XED Extends IPO Closing Date to 30 March 2026 Amid Geopolitical Developments
Mumbai, Mar 24: XED announced the extension of the closing date of its Initial Public Offering from 24 March 2026 to 30 March 2026. The IPO, which opened on 16 March 2026, is the first public offering to be listed from GIFT City, India’s International Financial Services Centre. The extension has been sought in light of the evolving geopolitical situation in the Middle East, which…
Vedanta Chairman Anil Agarwal Calls for Entrepreneur-Led Transformation to Reduce Imports and Power Atmanirbhar Bharat
Vedanta Chairman Anil Agarwal has urged the government to entrust Indian entrepreneurs with greater responsibility in the natural resources sector, highlighting their proven track record in building world-class industries such as telecom, aviation, ports, steel, cement, and power EPC. Drawing on his assessment of 24 public sector enterprises across hydrocarbons, minerals, metals, and fertilizers, Agarwal noted that these companies possess robust human capital and…
Jindal Steel Expands Angul Plant, Emerges as One of India’s Largest Single-Site Integrated Steel Facilities
Jindal Steel has commissioned its third Basic Oxygen Furnace (BOF-3) at its integrated steel complex in Angul, Odisha, marking a major milestone in its capacity expansion programme. With this addition, the company has completed a 6 million tonnes per annum (MTPA) expansion, significantly boosting production capabilities at the site. The Angul plant’s crude steel capacity has now risen to 12 MTPA, making it one of…