The Life Insurance Corporation of India (LIC) has launched the Smart Pension Plan, designed to provide financial security for retirees through structured annuity payouts. The plan offers a range of annuity options, ensuring flexibility and stability for policyholders looking for a steady income after retirement. With multiple features tailored to meet the needs of individuals at different life stages, the Smart Pension Plan provides long-term financial support.The

Odisha Chief Minister Mohan Charan Majhi highlighted the state’s growing potential as a key investment hub during his remarks at a special plenary session with industry leaders on the eve of the ‘Utkarsh Odisha - Make in Odisha Conclave 2025’. Majhi emphasized the Odisha government's commitment to streamlining regulatory processes and fostering economic growth to position the state as a prime destination for both foreign and domestic investors. The Chief Minist

The Godrej Enterprises Group, known for its diverse presence across industries such as aerospace, defense, furniture, and IT software, revealed plans to invest more than Rs 1,200 crore over the next three to five years. This investment will focus on enhancing digital solutions and technology platforms, including AI and generative AI technologies. The group aims to improve customer experience, create a unified ecosystem, and foster deeper relationships with its 1.1 billion-strong consumer base

US President Donald Trump's economic policies are facing significant challenges, according to market experts like Ramesh Damani and Samir Arora. While Trump has made bold promises, including ramping up US oil production and taking a tough stance on trade with countries like China, the actual implementation of these policies is likely to be constrained by governance realities. Damani pointed out that Trump's ambitious goal of increasing US crude oil production by three millio

Trump’s National Energy Emergency Declaration President-elect Donald Trump is set to sign an executive order declaring a national energy emergency to promote affordable and reliable energy in the U.S. Aiming to lower costs and boost domestic production, the measure would focus on removing regulations and promoting energy independence. Focus on Alaska’s Natural Resources Trump will also sign an executive order targeting Alas

Chandrababu Naidu, the Chief Minister of Andhra Pradesh, is gearing up for his highly anticipated trip to Switzerland to participate in the prestigious World Economic Forum (WEF) Summit in Davos. This business-focused event is seen as an excellent opportunity to attract significant investments to the state. In a strategic move ahead of his trip, Naidu has successfully poached a key investment body executive from the neighbori

Ahead of the Union Budget 2025-26, the government is expected to introduce measures to aid small businesses, farmers, and the export sector. Finance Minister Nirmala Sitharaman recently held her fourth pre-budget consultation, where she discussed key economic policies and priorities with stakeholders. Sources suggest that the government may announce tax relief for middle-class citizens to help revitalize the slowing economy, along with support for micro, small, and medium enterprises (MSMEs).

India has achieved a major milestone by surpassing $1 trillion in Foreign Direct Investment (FDI) since the turn of the century. Latest data from the Department for Promotion of Industry and Internal Trade (DPIIT) reveals that from April 2000 to September 2024, India attracted a total of $1,033.40 billion in FDI. This surge underscores India’s growing appeal as a global investment hub. Significant contributions have come from countries like Mauritius (25%), Singapore (24%), an

 In light of US President-elect Donald Trump's proposed tariff measures on China, Canada, and Mexico, India is poised to capitalize on potential shifts in global manufacturing. With Trump’s plan to impose tariffs of 25% on Canada and Mexico and 10% on China, manufacturers may seek alternative locations to bypass the 60% levy on Chinese goods. India, with its low-cost labor, skilled workforce, and growing tech sector, is an attractive destination for this shift. Invest

President-elect Donald Trump has reiterated his plan to end birthright citizenship, a policy that grants U.S. citizenship to children born within the country, regardless of their parents' citizenship. This right, enshrined in the 14th Amendment for more than 150 years, could soon be under scrutiny after Trump takes office on January 20th. Trump has called the practice "ridiculous," stating that the U.S. needs to "get it changed," and that "maybe we&rsquo

In a major boost to Rajasthan's economic prospects, the Adani Group has pledged to invest Rs 7.5 lakh crore in the state over the next five years. This massive investment will fund key infrastructure projects, including the creation of four new cement plants and the establishment of a world-leading green energy ecosystem. Karan Adani, CEO of Adani Ports, shared these details at the 'Rising Rajasthan' Investor Summit 2024, where he highlighted the ambitious plans to build the world

The National Pension Scheme (NPS) Vatsalya, launched on September 18, 2023, has seen a positive response from Indian parents looking to invest in their children's future. As of November 17, 2023, the scheme has attracted 66,495 subscribers, with Maharashtra leading the pack with 9,219 accounts. Andhra Pradesh and Karnataka follow closely with over 6,500 subscribers each. In total, 18 states have seen over 1,000 accounts opened, demonstrating the scheme’s growing appeal. Th

The State of Sustainability Readiness Report 2024 by IBM reveals a strong trend among Indian business leaders to significantly increase investments in IT for sustainability over the next 12 months. With 98% of respondents planning to expand their IT budgets, Indian executives view sustainability as essential for driving environmental responsibility, long-term business resilience, and improving brand reputation. The report highlights AI's transformative potential in helping busine

The Reserve Bank of India (RBI) has cancelled the registration certificates of two non-banking financial companies (NBFCs)—Ulhas Securities Pvt. and Sikar Investment Co.. The registration of Ulhas Securities, based in Gandhinagar, Gujarat, was granted in December 2003, while Sikar Investment, based in Bharatpur, Rajasthan, had been registered in March 1998. The cancellation was carried out under Section 45-IA (6) of the Reserve Bank of India Act, 1934, which allows the RBI to

With Donald Trump set to become the US president, Indian exporters may face challenges due to potential changes in trade policies. Experts suggest that the 'America First' agenda could lead to higher customs duties on goods like automobiles, textiles, and pharmaceuticals. Additionally, stricter H-1B visa rules may impact Indian IT firms, as a significant portion of their revenue comes from the US market. The US is India's largest trading partner, accounting for a substantia

That Andhra Pradesh state IT and education minister Nara Lokesh is gradually emerging as the heir apparent of his father and chief minister N Chandrababu Naidu is being established gradually in the TDP and also the government. The way the TDP ranks have been calling Lokesh the future chief minister of Andhra Pradesh on social media and the state government carrying his picture on the front page advertisements of the official programmes along with his father clearly indicated that Lokesh is em

Nara Lokesh, the scion of the Telugu Desam Party (TDP), is currently on an extended trip to the USA, where he is actively engaging with global tech giants to attract investments to Andhra Pradesh. One of the highlights of his visit occurred in Atlanta, where he unveiled a statue of the legendary Sr NTR, commissioned by the NRI TDP workers. The unveiling ceremony was a grand affair, marked by a unique spectacle of flower petals showered from a helicopter, adding a festive atmosphere

Following former Infosys CFO Mohandas Pai's criticisms of Karnataka Chief Minister Siddaramaiah and Deputy CM DK Shivakumar, Andhra Pradesh minister Nara Lokesh has extended an invitation to multinational companies (MNCs) to consider investing in the state. Lokesh emphasized that under Chief Minister N. Chandrababu Naidu's leadership, Andhra Pradesh is implementing business-friendly policies that could make it a prime destination for investments as Bengaluru faces growing challenges i

The mutual fund industry in India reported net outflows of ₹71,114.08 crore for September 2024, as per the latest data from the Association of Mutual Funds in India (AMFI). This decline follows a staggering 42.8% drop in August, where cumulative inflows into mutual funds were recorded at ₹1.08 lakh crore. Equity mutual funds saw a decline in inflows by 9.9% in September, totaling ₹34,419.26 crore, down from ₹38,239.16 crore in August. The net assets under management (AUM) of

Elon Musk publicly criticized the UK government after reports surfaced that he had not been invited to an upcoming investment summit. Musk took to X (formerly Twitter) to express his discontent, stating that the UK is releasing convicted pedophiles while imprisoning individuals for their social media comments. This response comes amid ongoing tensions in Britain following violent anti-immigration riots, where far-right groups targeted asylum seeker accommodations and mosques. The La