India plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. “The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile),” she said. India’s Finance Minister, Nirmala Sitharaman, stated that the country’s goal is to
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Mansukh Mandaviya, the Union Health Minister, announced on Tuesday that over 86 percent of India’s adult population has been fully vaccinated against the new coronavirus. This comes as the total number of vaccination doses given in the country has surpassed 188 crore. Until 7 p.m. on Tuesday, more than 19 lakh (19,67,717) vaccination doses had
READ MORENirmala Sitharaman, India’s finance minister, met with officials from the US semiconductor sector and asked them to invest more in India. The Finance Minister discussed prospects for enterprises in Silicon Valley, as well as the government of India’s resolve to be a reliable partner in the whole semiconductor value chain, with the Indian Semiconductor Mission
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In the fiscal year that ended on March 31, India’s crude oil import bill then doubled to $119 billion, as global energy prices skyrocketed following the restoration of demand and the crisis in Ukraine. According to data from the energy ministry’s Petroleum Planning & Analysis Cell, India, the world’s third-largest oil consumption and importing nation,
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On Thursday, Prime Minister Narendra Modi addressed the nation from the Red Fort, declaring that India has never posed a danger to any country or society and that the country upholds the ideals of Sikh gurus. In 1675, the Mughal monarch Aurangzeb assassinated Guru Tegh Bahadur, the ninth Sikh Guru. “This sacred Gurudwara reminds us
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India will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka’s foreign minister told reporters on Wednesday, adding Bangladesh was also willing to postpone a $450 million in swap repayments. “Assistance by the IMF will take about six months to come to us and it will come in
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