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Daily Archives: July 23, 2025

India Ratings & Research Cuts India’s Growth Forecast for FY26

India Ratings & Research Cuts India’s Growth Forecast for FY26

India Ratings and Research (Ind-Ra), a leading credit rating agency, has revised India’s GDP growth forecast for FY26 to 6.3%, down from its earlier estimate. This adjustment reflects a complex interplay of global uncertainties, weak investment sentiment, and some supportive domestic factors like low inflation and monetary easing. The revision comes amidst broader concerns regarding …

Public Sector Banks Write Off Over ₹12 Lakh Crore In last 9 Years

Public Sector Banks Write Off Over ₹12 Lakh Crore In last 9 Years

In a significant financial disclosure, the Ministry of Finance recently informed the Rajya Sabha that Public Sector Banks (PSBs) have written off more than ₹12 lakh crore in non-performing assets (NPAs) between FY2016 and FY2025. Despite the massive write-offs, efforts to recover the loans continue under various legal mechanisms. Simultaneously, a large-scale recruitment drive for …

Suhani Shah Became First Indian To Win ‘Oscar for Magicians’ at FISM 2025

Suhani Shah Became First Indian To Win ‘Oscar for Magicians’ at FISM 2025

In a landmark achievement for India’s performing arts, mentalist Suhani Shah from Rajasthan has become the first Indian to win the ‘Best Magic Creator 2025’ award at the Fédération Internationale des Sociétés Magiques (FISM)—popularly known as the Oscars for magicians. The award was presented at the prestigious FISM World Championship held in Torino, Italy, recognizing …

Delhi Government’s Cash Rewards Boost for Olympic & Paralympic Medalists

Delhi Government’s Cash Rewards Boost for Olympic & Paralympic Medalists

The Delhi government has significantly increased cash rewards for Olympic and Paralympic medal winners to promote sports excellence and youth empowerment. The decision was taken under the newly launched Mukhyamantri Khel Protsahan Yojana, aiming to recognize and reward sporting talent at the international level. Background Earlier, Olympic gold medallists received ₹3 crore in Delhi now …

India’s First Mining Tourism Project in Jharkhand

India’s First Mining Tourism Project in Jharkhand

Jharkhand is set to become the first Indian state to launch a Mining Tourism Project, aiming to showcase its rich mineral heritage through guided mine tours and cultural experiences. This initiative, led by the state government and Central Coalfields Limited (CCL), seeks to diversify tourism while educating the public about mining practices and local history. …

National Broadcasting Day 2025 Celebrating India’s Radio Legacy and Milestones

National Broadcasting Day 2025: Celebrating India’s Radio Legacy and Milestones

National Broadcasting Day, observed on July 23 every year, commemorates the start of organised radio broadcasting in India with the formation of the Indian Broadcasting Company (IBC) in 1927. It celebrates the role of All India Radio (AIR) in shaping public communication, education, and national integration over nearly a century. From Akashvani to modern digital …