Agreements

India Post Partners with SBI Mutual Fund to Streamline KYC

To simplify and expand mutual fund investments across India, particularly in remote regions, the Department of Posts (DoP) and SBI Funds Management Limited (SBIFM) have partnered to offer door-to-door KYC verification services. This collaboration ensures secure, accurate, and convenient onboarding...

GoI & Kotak Mahindra Bank Partner to Boost Investor Education through Digital Outreach

In a major step towards strengthening investor education and protection, the Investor Education and Protection Fund Authority (IEPFA), operating under the Ministry of Corporate Affairs, Government of India, has partnered with Kotak Mahindra Bank Limited (KMBL). This collaboration, formalized through...

Kerala State Electricity Board’s (KSEB) Vehicle-to-Grid (V2G) Collaboration with IIT-Bombay

The Kerala State Electricity Board (KSEB) is working towards a groundbreaking initiative in integrating Vehicle-to-Grid (V2G) technology into the state’s power system. This innovative move comes in the wake of the increasing integration of renewable energy, particularly solar, into Kerala’s...

Strengthening India-Russia Bilateral Investment Ties through Strategic Projects

India and Russia have agreed on six new strategic projects to bolster bilateral investment ties, marking a significant step in deepening their economic cooperation. This agreement was made during the 8th Session of the India-Russia Working Group on Priority Investment...

IOCL’s Rs 61,000 Crore Investment in Odisha for World-Class Petrochemical Complex

Indian Oil Corporation Ltd (IOCL) has announced an investment of ₹61,077 crore to establish a world-class petrochemical complex in Paradip, Odisha. This move marks the largest-ever investment by IOCL at a single location and aims to bolster India's petrochemical industry...

India-Sri Lanka Sign Historic Defense Pacts For The Future

India and Sri Lanka have taken a historic step in strengthening their bilateral relations by signing a landmark defence cooperation pact, the first of its kind between the two nations. This comes almost 40 years after the deployment of the...

Indian Railways and DMRC Sign MoU for Automatic Wheel Profile Measurement Systems

On April 4, 2025, Indian Railways signed an important agreement with the Delhi Metro Rail Cooperation (DMRC). The goal is to install smart machines called Automatic Wheel Profile Measurement Systems (AWPMS) to check train wheels quickly and safely. This is...

India Post & Nippon India Mutual Fund Join Hands to Offer Door-to-Door KYC Services

In a move to promote financial inclusion and simplify investor onboarding, India Post has signed a Memorandum of Understanding (MoU) with Nippon India Mutual Fund to offer door-to-door KYC verification services. Leveraging its unmatched nationwide network, India Post aims to...

DARPG and Bhashini Collaborate for a Multimodal, Multilingual Grievance Redressal System

In a major step toward enhancing citizen-centric governance, the Department of Administrative Reforms and Public Grievances (DARPG) has partnered with Digital India Bhashini to launch an AI-powered, multimodal, multilingual grievance redressal system for CPGRAMS. This initiative, in line with the...

UIDAI & IIIT-H Launch Biometric Challenge to Improve Age Invariance in Fingerprint Algorithms

The Unique Identification Authority of India (UIDAI), in collaboration with IIIT-Hyderabad, has launched a large-scale Biometric SDK Benchmarking Challenge to enhance fingerprint authentication for children. The initiative aims to address the issue of age invariance in biometric systems, ensuring greater...