General Awareness

BUSINESS AND ECONOMY - July 2024

Jul 2024

Oct 23, 2025

Centre Notifies Amended IT Rules to Enhance Transparency, Accountability in Content Removal by In...

The Ministry of Electronics and Information Technology (MeitY) notified amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, (IT Rules) to streamline the framework for removal of unlawful online content by intermediaries, and bring transparency.
These amendments strengthen the framework of due diligence obligations of intermediaries under the Information Technology Act, 2000 (IT Act).

India Calls for Closer South-South Ties in Critical Minerals, Fertilizers

Commerce Minister Piyush Goyal called for greater South-South cooperation in critical minerals access, fertilisers and supply chain management.
In his address at the 16th session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva, Goyal said: "We believe global South-South cooperation converted into concrete action can provide genuine and long lasting solutions in several areas of current concern like the critical minerals problem or the problems of adequate supply of fertilisers that many nations in the world are confronted with."

Odisha Govt. Collaborates with Indian Rice Exporters Federation

The Odisha government confirmed its collaboration with the Bharat International Rice Conference (BIRC) 2025, dubbed the world's largest conference dedicated to the rice sector.
Scheduled for October 30 and 31 at iconic Bharat Mandapam in the national capital, BIRC 2025 is a landmark initiative aiming to elevate India's status in the global rice industry.
Odisha's involvement represents a significant step toward amplifying the state's contribution to both national food security and international rice trade.
As part of its engagement, the state will also contribute to the Coffee Table Book on Indian Rice and co-author the Vision and Roadmap for the Rice Sector's Contribution to Viksit Bharat @2047 -- a blueprint for inclusive and sustainable agricultural growth.

Oct 22, 2025

Tata Trusts Makes Venu Srinivasan Trustee for Life

Tata Trusts unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry's renewal, amid reported internal divisions within the organisation.
The reappointment of Srinivasan, ahead of his term expiring on October 23, came amid reports of a vertical split within Tata Trusts — with one faction said to align with Noel Tata, who took over as Chairman following Ratan Tata's death, and the other comprising those seen as loyalists of the former doyen.

India Launches First-Ever State Mining Readiness Index

In a move to modernise India's mineral governance, the Ministry of Mines released the first-ever State Mining Readiness Index (SMRI) and State Rankings for 2025. Announced as part of the Union Budget 2025–26, this index aims to benchmark States on how efficiently and sustainably they manage their non-coal mineral resources, ushering in a new era of transparency, accountability, and competition in the mining sector.
The SMRI is rooted in three key goals,
Promote healthy competition among States to improve mining governance and operational efficiency.
Improve transparency and ease of doing business in mineral auctions and mine development.
Encourage sustainability, ensuring that mining aligns with India's climate and social responsibilities.

Oct 20, 2025

Nirmal Minda Becomes ASSOCHAM President, Chaudhry as Sr. VP

Nirmal Kumar Minda, the Executive Chairman of Uno Minda Group, assumed the role of President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Alongside him, Amitabh Chaudhry, Managing Director & CEO of Axis Bank, was named as the Senior Vice�'President of ASSOCHAM, though his appointment is subject to RBI approval.
Minda has been a prominent figure in the auto component industry for over five decades.
He has been credited with shaping supply chains in the sector and placing innovation at the core of his group's strategies.
His leadership style is noted for being customer�'centric and people�'oriented.
Under his guidance, Uno Minda has grown into a global operation with a wide product portfolio.
He has also held leadership positions in industry bodies such as ACMA (Automotive Component Manufacturers Association of India).

Bajaj Finserv AMC Launches 'Pay with Mutual Fund' via UPI

Bajaj Finserv AMC launched a groundbreaking feature that bridges investing and daily payments—the 'Pay with Mutual Fund' facility. In collaboration with fintech firm Curie Money, this innovation allows investors to use their mutual fund units to make UPI transactions, seamlessly blending the world of asset growth with real-time spending needs.
The facility is based on the Insta Redemption mechanism, which allows investors to,
Redeem up to ₹50,000 or
90% of their investment, whichever is lower, instantly

Oct 19, 2025

GAIL Signs Concession Agreement to Set up CBG Plant in Bengaluru

GAIL (India) Limited signed a tripartite Concession Agreement with the Greater Bengaluru Authority (GBA) and Bengaluru Solid Waste Management Limited (BSWML) to develop a Compressed Bio Gas (CBG) plant at the KCDC area in Haralakunte Village, Bengaluru South Taluk.
The agreement was signed in the presence of Karnataka Deputy Chief Minister D.K. Shivakumar. Under the agreement, GBA will provide 18 acres of land on a permissive-use basis, while BSWML will supply 300 tonnes per day of segregated municipal solid waste (MSW) for processing.
The plant is expected to produce around 12.6 tonnes of Compressed Bio Gas and 22 tonnes of Fermented Organic Manure (FOM) daily. The project aims to promote sustainable agriculture and support the development of a circular economy in the region.

Oct 18, 2025

LIC Launches Jan Suraksha and Bima Lakshmi Insurance Plans

The Life Insurance Corporation of India (LIC) launched two new insurance plans—Jan Suraksha Plan (880) and Bima Lakshmi Plan (881). These are the first policies introduced by LIC under the new GST regime, reflecting its efforts to expand financial protection across diverse income and gender groups. While Jan Suraksha caters to the lower-income segment, Bima Lakshmi is an exclusive offering for women, providing a blend of protection, savings, and health benefits.
The LIC Jan Suraksha Plan (880) is a life micro-insurance endowment plan. It offers a lump sum at maturity and life cover during the policy term.
The plan includes guaranteed additions at the rate of 4% of the annualised premium each year, helping build savings over time.
The LIC Bima Lakshmi Plan is a non-linked life insurance policy with guaranteed benefits and money-back options.
It also includes critical illness coverage, making it a holistic plan for women.

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