The Indian government-owned oil companies are struggling with a financial crisis never experienced before, which has seen dividend income of 1.4 billion stuck in the Russian bank accounts for over three years. The nature of this crisis is the Western sanctions that have been imposed in the wake of the invasion of Ukraine by Russia in February 2022, which have posed complicated repatriation challenges to leading Indian energy companies. The stagnant funds indicate the dividends of the huge Indian investments in the Russian oil and gas projects, and amount to over 6 billion of the cumulative investments. These are some…
Author: Deepthi Amit Shanishwara
The Ministry of Youth Affairs and Sport, through the Department of Sports in India, remains an excellent role model in terms of administrative reforms in its involvement in Special Campaign 5.0. This is an all-encompassing, clean, and efficient program that is a big step towards the way the government departments are dealing with workspace optimisation and the delivery of services to the people. Building on Special Campaign 4.0’s Success Special Campaign 5.0 is based on the exceptional performance of the predecessor. On October 2, 2024, Special Campaign 4.0 was developed by the Department of Sports at Major Dhyanchand Stadium as…
Saatvik Green Energy IPO has become an attractive investment in the high-growth Indian renewable energy industry with the public offering worth Rs 900 crore going into subscription today. The issue, with a closing date of September 23, has attracted a lot of investor action, as it has an impressive 15% grey market premium (GMP), indicating that the market is very confident in the growth potential of the company. Being one of the fastest developing manufacturers of solar modules in India, Saatvik Green Energy has found its place in the country in a favourable position in the progressive change of renewable…
DBS Bank India has made a considerable milestone by becoming the first and only fully owned foreign subsidiary to be granted by the Reserve Bank of India (RBI) authorisation as an Agency bank to collect goods and services tax (GST) payments. This remarkable acceptance places DBS Bank GST payments at the centre of the digital transformation of the Indian tax infrastructure. The licence will facilitate the customers of DBS Bank India to make GST payments immediately via the enterprise digital banking platform of the bank, DBS IDEAL. This is a move to deal with key pain points that have bedevilled…
Eternal Ltd., which is the mother company of food delivery giant Zomato, posted another robust trading session on Thursday, 18 September, as the company shares went up by about 3 per cent. This was the fourth straight gain-making session in the stock and was an added boost to the confidence of the investors in the strategic path and future of the company. The Zomato stock run is a persistent phenomenon that has attracted the notice of both institutions and retail investors in equal measure, especially after the reaffirmation of the long-term prospects of the firm by Goldman Sachs. Goldman Sachs…
The PSB Manthan 2025 was a historic summit, held in Gurugram, Haryana, by the Department of Financial Services, which signified a landmark in the Indian banking environment of the public sector. The two-day programme has developed an overall roadmap that will see Indian banks go beyond their traditional boundaries and become globally competitive financial institutions by 2047. Strategic Vision Beyond Survival Mode Secretary of Financial Services delivered a powerful opening statement that redefined the trajectory of public sector banks. The industry has since gone past the point of survival and stability into being the foundation of the ambitious Viksit Bharat 2047…
The Reserve Bank of India has issued a comprehensive press communiqué on September 4, 2025, outlining the repayment procedures for the ‘8.20% GOVT. STOCK 2025. Investors in these government securities, having a maturity date of September 24, 2025, need to be aware of the essential requirements and the processes that have to be followed to repay their investments without any problems. The remaining balance of the 8.20% Government Stock 2025 will be repaid at the value of par on the mentioned maturity date. The announcement offers relief to thousands of investors who hold these securities in their fixed-income portfolios. Understanding…
The Ek Ped Maa Ke Naam movement has become one of the most effective environmental trends in India, which unites emotional piety and ecological consciousness. This radical campaign asks citizens to plant trees in honour of their mothers, which will make a strong bond between motherly affection and environmental care. The Philosophy Behind the Movement In essence, the initiative identifies the deep similarities between trees and mothers. Both are life-givers, nurturers and protectors of future generations. Environmentalist Sunita Narain notes that when we plant a tree in the name of our mother, we are recognising the universal reality that mothers…
The opening of the IIM Dubai campus marks a historic event in global education, with H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, inaugurating the first overseas business school campus in India. This revolutionary move is an indicator of a strategic change in the way leading institutions of Indian education are increasing their global presence. The event, attended by the Union Education Minister, Dharmendra Pradhan, and H.E. Dr. Abdulrahman Abdulmannan Al Awar, the Acting Minister of Higher Education and Scientific Research of the UAE, attracted attention to the strengthening of ties between the two…
India takes a day on September 5th every year to honour its teachers in a tradition that goes much deeper than what teachers do in the classroom. This day commemorates the centennial of the birth of a dreamer-philosopher, a rebellious teacher, and the second President of India, Dr. Sarvepalli Radhakrishnan. His great modesty and devotion to education were the basis of Teacher’s Day. When his students would recommend that his birthday be celebrated, he insisted that we set aside a day to honour all teachers, so that we acknowledge their invaluable contributions to nation-building. This act finalised his legacy and…