Indian Economy - Angel One - Page 386

In the month of April 2025, India’s coal production and dispatch recorded consistent growth, underscoring the Ministry of Coal’s sustained efforts to ensure a reliable supply and operational resilience across the sector. Rising Coal Production and Dispatch As per the provisional data, the total coal production reached 81.57 million tonnes (MT) in April 2025, up …

The National Payments Corporation of India (NPCI) has asked all banks and payment apps to reduce the response time for key UPI services. Starting June 16, 2025, all UPI transactions in India will become faster and more reliable. The goal is to improve user experience and reduce the delays people sometimes face while sending or receiving …

The Unified Pension Scheme (UPS) has been implemented for All India Services (AIS) officers of the Rajasthan cadre, as per a notification issued by the Department of Personnel (DOP). This scheme will serve as an optional benefit under the existing National Pension System (NPS). The central government has introduced UPS as an alternative for NPS-covered …

Wondering if banks and stock markets will remain closed on Akshay Tritiya 2025? Let’s find out. Akshaya Tritiya is a very important and auspicious festival celebrated across India. It falls on the third day of Shukla Paksha and is considered a lucky day for starting new ventures and making big purchases, especially gold. Are Banks …

India has witnessed a remarkable surge in patent filings by startups and MSMEs over the past 5 years. According to Mr. N. Ramchander, Joint Controller of the Controller General of Patents, Designs, and Trademarks, the number of patent filings by these enterprises has risen by an astounding 310%, from 1,492 in 2018-19 to 6,120 in …

The Income Tax Department has delayed the release of ITR forms and utilities for Assessment Year 2025–26. Even though there haven’t been any big changes in the Finance Act 2024, the delay could be due to some internal work or technology updates within the department. They might be working to update the forms to match …

Akshaya Tritiya, also known as Akha Teej, is a significant Hindu festival symbolising wealth, prosperity, and new beginnings. In 2025, it will be observed on Wednesday, April 30. This sacred day falls on the third lunar day (Tritiya) of the Shukla Paksha in the month of Vaishakha. Akshaya Tritiya is one of those rare occasions where …

India’s inland water transport (IWT) sector has achieved a major milestone with the Inland Waterways Authority of India (IWAI) reporting a record 145.5 million tonnes of cargo moved during the fiscal year 2024-25. This accomplishment highlights the success of sustained investments and policy measures aimed at improving the country’s inland waterway infrastructure. Additionally, the number …

According to the Telecom Subscription Data from the Telecom Regulatory Authority of India (TRAI) for February 2025, Indian telecom service providers Bharti Airtel and Reliance Jio saw an increase in wireless subscribers, while Vodafone Idea (Vi) and the state-owned BSNL experienced a decline in subscribers during the same period. The total number of wireless subscribers …

The Ministry of Coal has launched a transformative initiative aimed at revitalising India’s coal sector, with a special focus on underground mining.   This forward-looking policy package addresses long-standing challenges in the segment, such as high capital requirements and extended gestation periods, by offering a range of financial incentives and strategic reforms. The initiative aligns …