Polavaram Project

Photo: The Telangana Today

Good News For AP As Centre Approves Rs 12,911 Crores Funding

In a major development for Andhra Pradesh, the Central Government approved Rs 12,911 crores as additional funding to the State Government. The decision was taken by the Union Finance Ministry, after a meeting held between the Jal Shakti Department officials. The major announcement came as a boon to the YS Jagan Mohan Reddy-led YSRCP Government, which was demanding funding for the construction of the Polavaram Project.

Tue, 06 Jun 2023 - 11:22 AM / by Varsha Joshi

Tags: Andhra Pradesh Govt, Funds, Polavaram Project, FINANCE MINISTRY, Jal Shakti

Courtesy: One India

Swiss National Bank

Photo: Indian Express

Indians' Deposits Reach 14-Year-High Nearly Rs 30,500 Crore In Swiss Banks

According to Switzerland's central bank annual report on June 16, funds deposited in Swiss banks by Indian individuals and corporations reached a 14-year high of 3.83 billion Swiss francs (about Rs 30,500 crore) in 2021. This was owing to significant growth in assets via securities and consumer deposits. The sum of money in Indian… read-more

Fri, 17 Jun 2022 - 11:13 AM / by Vidhi Jhunjhunwala

Tags: India, Funds, swiss bank, deposits, Switzerland

Courtesy: Zee News

Ashneer Grover

Photo: BBC

Ashneer Grover To Launch New Venture With $300 Million Funding Goal

Ashneer Grover, co-founder and former CEO of BharatPe, intends to launch a new venture a month after his abrupt departure from his company. He is in discussions with private equity firms about raising $300 million for his enterprise. Grover may use his personal finances to support his startup, and may even trade a portion of his share in BharatPe, stated a report. Grover is presently in United States regarding the startup. 

Thu, 16 Jun 2022 - 11:40 AM / by Vidhi Jhunjhunwala

Tags: Ashneer Grover, New Venture, Startups, investors, Funds

Courtesy: DNA India


Photo: The Times Of India

PhysicWallah Startup Becomes 101st Unicorn Of India, Raises $100 Million

An ed-tech platform for medical and engineering entrance exams, PhysicsWallah, is a new addition to the unicorn club in India. With $100 million (around ₹777 crore) investment from companies. PhysicsWallah in its Series A funding round entered the club and became India's 101st unicorn.  It is also the first startup company with huge investment from marquee investors Westbridge and GSV Ventures, in the edtech sector.

Tue, 07 Jun 2022 - 09:25 PM / by Varsha Joshi

Tags: PhysicWallah, Startup, Investment, Funds, India

Courtesy: Live Mint


Photo: News18

Crypto-Market Begins To Recover Following Recent Downturn

Bitcoin has dropped about half of its value since its November high and has been hovering around $30,000 for the past month. Some investors believe bitcoin has reached a bottom, based on the amount of money flowing into listed cryptocurrency funds, which represent a small portion of the market. Funds experienced an average weekly inflow of $66.5 million, reversing a disastrous April loss of $49.6 million. 

Tue, 07 Jun 2022 - 02:55 PM / by Vidhi Jhunjhunwala

Tags: Cryptocurrency, Bitcoin, Stock market, Downfall, Funds

Courtesy: NDTV

COP26 in Glasgow

Photo: Germanwatch eV

Governments To Aid Countries Affected By Global Warming: COP26

Authorities pressed for an agreement on how to assist vulnerable countries in coping with global warming and recompense for harm already done. They also discussed whether nations can overcome the impasse on climate change payments, on November 8. Britain aimed at setting the pace with new funds of 290 million pounds. "We are aiming for significant change that will… read-more

Mon, 08 Nov 2021 - 03:03 PM / by Vidhi Jhunjhunwala

Tags: Climate, COP26, Funds, Britain, global warming

Courtesy: Reuters

UN climate change conference 2021

Photo: Marca

UN Conference On COP-26 Begins; India To Highlight On Climate Funding

United Nations Conference on Climate Change (COP-26) will begin on October 31 in the UK's Glasgow. Environment Minister Bhupender Yadav stressed the summit should be about "action and implementation". India also guaranteed full support to UK COP leadership expecting a meaningful outcome of COP-26. During the ''… read-more

Sun, 31 Oct 2021 - 02:24 PM / by Vidhi Jhunjhunwala

Tags: United Nations, Climate Change, COP-26, India, Funds

Courtesy: Tribune India


Photo: BBC

Tamil Nadu To Host Free Vaccine Camps With CSR Funds

According to Health Minister M Subramanian, free vaccination camps will be hosted by the TN government via private hospitals availing the CSR funds provided by private companies. 117 private hospitals in Coimbatore, Tirupur, Erode, and Salem have held conversations with the health ministry. Slowly the whole scheme will be expanded to different parts of the state. Reportedly, Rs 61 lakh has been collected which can likely vaccinate 7,800… read-more

Wed, 21 Jul 2021 - 09:17 PM / by Umang Bafna

Tags: Covid-19 Vaccination Drive, Tamil Nadu, Private Hospitals, Funds

Courtesy: Deccan Chronicle

21-year-old Indian Origin gets selected for MBE

Photo: CNN

Amika George Achieves Third Rank In British's MBE List

The Indian origin Amika George is the youngest to get selected in MBE (Member of the Order of the British Empire) and has achieved the third rank on the list. The 21-year-old youngster started the campaign against poverty periods #FreePeriods four years ago aiming to eradicate period, the hurdle for schoolgirls to pursue education. Focusing upon free period products, the UK government started giving funds to educational institutes last year… read-more

Wed, 16 Jun 2021 - 03:51 PM / by Vanshika Sharma

Tags: periods, Girls education, Education, Funds

Courtesy: The Quint

Manish Sisodia.

Photo: The Hindu

Delhi Govt Gives Rs 1,051 Cr To Municipal Corps To Pay Workers' Salary

Delhi Deputy CM Manish Sisodia on May 15 announced Rs 1,051 crores fund for three municipal corporations to pay salaries to employees and healthcare workers. Allocating Rs 367 crore, Rs 432 crore and Rs 251 crore for east, north and south corporations respectively, Sisodia stated the funds should be used to pay salaries and not “diverted for other uses". He also accused Municipal Corporations of Delhi of "mismanagement and corruption".

Sun, 16 May 2021 - 09:10 AM / by Sohini Mandal

Tags: Manish Sisodia, South Delhi Municipal Corporation, North Delhi Municipal Corporation, Funds, salary

Courtesy: The Economic Times