Author: Keyur Desai

The amounts committed under the Fund of Funds for Startups have shown notable growth over the years recording a CAGR of over 21% since the launch of the Scheme. According to the Ministry of Commerce and Industry, these AIFs in turn have invested a sum of Rs 11,206 crore in 720 various startups. The Central government on Monday said that the Funds of Funds for Startups (FFS), which was launched under the Startup India initiative in 2016 by Prime Minister Narendra Modi, has committed a total of Rs 7,385 crore to 88 various Alternative Investment Funds (AIFs) as of September…

Ministry of External Affairs will include the facility for applying for Police Clearance Certificates (PCCs) at all online Post Office Passport Seva Kendras (POPSKs) across the country from September 28. The Union Ministry of External Affairs (MEA) will include the facility for applying the Police Clearance Certificates (PCCs) at all online Post Office Passport Seva Kendras (POPSKs) across the country from September 28, it said in a statement on Monday. This facility is being introduced to address an unanticipated surge in demand for PCCs, the ministry informed. The increasing demand for PCCs is an indication that a large number of…

The PAB has asked these states to make an action plan to decrease the dropout rates as well as other states to continue efforts to reduce it further.

USFBL MD and CEO, Mr. Govind Singh inaugurated 22 branch outlets via video conferencing across various States and Union Territory. On its 13th foundation day, Utkarsh Small Finance Bank Limited (USFBL) announced the inauguration of 22 branch outlets in India. Mr. Govind Singh, MD, and CEO of USFBL inaugurated the outlets via video conferencing across various States and Union Territory, namely Uttar Pradesh, Bihar, Jharkhand, Odisha, Karnataka, Gujarat, Haryana, Panjab, Rajasthan, Maharashtra, and Puducherry. With this, the bank has reached 737 branches in the country spread across 23 states and UTs.  These outlets’ launch is aligned with the bank’s strategy…

Shehbaz Sharif called India’s big changes in 2019 in Jammu and Kashmir illegal and unilateral and said they undermined the prospects of peace. Pakistani PM Shehbaz Sharif at the UN General Assembly session on Friday said that sustainable peace and stability in south Asia depend upon a just and lasting solution to the Kashmir issue between India and Pakistan. He also said that their country wants peace with all its neighbors, including India. Whereas, India called the Pakistani PM’s assertion regrettable and invoked cross-border terrorism unleashed by their Muslim country. Sharif called the big changes in Jammu and Kashmir in…

The high court was hearing a criminal reference for issuing guidelines for the Juvenile Justice Board (JJB) for preliminary assessments of a minor for a trial as an adult. Delhi High Court has said that seeking a confession about an alleged crime committed by a juvenile is unconstitutional as a presumption is raised at the pre-trial stage itself that the child has committed the offense.  The court also added that securing the confession of the juvenile in conflict with the law is beyond the scope of a report of the preliminary assessment to be prepared under the Juvenile Justice Act.…

Jaishankar referred to PM Modi’s remark to Putin on the sidelines of the 22nd meeting of the Shanghai Co-operation Organisation (SCO) in Uzbekistan. India at the UN Security Council on Thursday said that the need of the hour is to end the conflict in Ukraine and return to dialogue and added that the nuclear issue is particular anxiety, underlining PM Modi’s assertion to Russian President Vladimir Putin that this can not be the era of war. Briefing on Ukraine’s fight against impunity, External Affairs Minister S Jaishankar told the 15-nation UN Security Council that the trajectory of the Ukraine conflict…

Abe is Japan’s longest-serving prime minister and died by a shot in an assassination on July 8 while delivering a campaign speech in western Japan. PM Modi is going to visit Japan on September 27 to attend the state funeral of the former PM of Japan, Shinzo Abe who was fatally shot in July. Abe is Japan’s longest-serving prime minister and died by a shot in an assassination on July 8 while delivering a campaign speech in western Japan ahead of the House of Councillors election on July 10. PM Modi will also separately meet current Japanese PM Fumio Kishida…

The company was sanctioned credit facilities from 28 banks and financial institutions led by ICICI bank, and State Bank of India with an exposure of Rs 2,468.51 crore. CBI arrested Rishi Agarwal, former Chairman and Managing Director (CMO) of ABG Shipyard on Wednesday in connection to its probe into Rs 22,842 crore loan default by the company. Central Bureau of Investigation had booked Agarwal, the then executive director Santhanam Muthaswamy, and directors Sushil Kumar Agarwal and Ravi Vimal Nevetia on February 7. Agarwal was called for a questionnaire at the CBI headquarters during which he was found non-cooperative in the…

The conference is being convened to create further synergy amongst the Central and State governments to formulate better policies on issues relating environment. PM Modi will inaugurate the National Conference of Environment Ministers in Ekta Nagar in Gujarat today via video conferencing, and will also address the gathering on occasion. Taking a step ahead in the spirit of cooperative federalism, the conference is being convened to create further synergy amongst the Central and State governments to formulate better policies on issues relating environment, according to PM Modi at Prime Minister’s Office (PMO). The issues will include eliminating plastic pollution with…