Ayushman Bharat Scheme Hits 30 Crore Health Insurance Card Milestone
Economy

Ayushman Bharat Scheme Hits 30 Crore Health Insurance Card Milestone

The BJP’s flagship health insurance scheme, Ayushman Bharat, has surpassed 30 crore beneficiary cards. The National Health Authority launched the AB-PMJAY (Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana), which offers secondary and tertiary care hospitalisation coverage worth Rs. 5 lakh per household annually. According to government data, Uttar Pradesh tops the list with the highest number of AB beneficiary cards, with 4.8 crore holders. Madhya Pradesh and Maharashtra are next on the list, with 3.78 crore and 2.39 crore AB beneficiary card users, respectively. It has confirmed more th

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UK Housing Market Experiences a Strong Start in 2024
Economy

UK Housing Market Experiences a Strong Start in 2024

As the year 2024 unfolds, the United Kingdom's housing market is showing signs of significant momentum, indicating a robust start to the year. This surge in the housing sector is a positive development following a period of uncertainty and fluctuating market conditions in previous years. The renewed vigor in the UK housing market is characterized by an increase in both property prices and the number of transactions. Analysts attribute this uptick to a combination of factors, including improved consumer confidence, favorable mortgage rates, and a stabilizing economic environment. The market

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India and the United States Aim to Strengthen Trade Relations and Collaborate on Critical Minerals
Economy

India and the United States Aim to Strengthen Trade Relations and Collaborate on Critical Minerals

In a significant move to enhance bilateral relations, India and the United States have embarked on a journey to bolster their trade ties, with a special focus on cooperation in the sector of critical minerals. This strategic partnership aims to not only deepen economic links between the two nations but also to secure a more resilient supply chain for essential minerals vital for various industries, including technology and defense. The collaboration comes at a time when global economies are increasingly aware of the importance of diversifying sources of critical minerals such as lithium, c

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India’s Modi Woos Investors at Vibrant Gujarat Business Summit
Economy

India’s Modi Woos Investors at Vibrant Gujarat Business Summit

In a bid to propel India towards economic prosperity, Prime Minister Narendra Modi recently played host to the Vibrant Gujarat Business Summit, an event that stands as a testament to India's commitment to fostering global investment and sustainable growth. The summit, held annually in the state of Gujarat, has become a crucial platform for international investors, industry leaders, and policymakers to engage in meaningful discussions, explore business opportunities, and chart the course for India's economic future. Prime Minister Modi, known for his charismatic leadership, delivered a comp

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Dutch and Singapore Firms Set to Invest $7 Billion in India
Economy

Dutch and Singapore Firms Set to Invest $7 Billion in India

In a testament to India's growing appeal as an investment destination, Dutch and Singaporean firms have announced plans to collectively invest a substantial $7 billion in the country. This strategic move signals not only the confidence of international investors in India's economic potential but also a significant milestone in fostering stronger ties between these nations. The investment is poised to inject fresh momentum into key sectors, contributing to India's economic growth and reinforcing its position on the global investment map. The Netherlands, known for its robust business enviro

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PM Modi Opens Vibrant Gujarat Show: Trade and Teamwork Take Center Stage in Gandhinagar!
Economy

PM Modi Opens Vibrant Gujarat Show: Trade and Teamwork Take Center Stage in Gandhinagar!

Gandhinagar, Gujarat: The 10th Vibrant Gujarat Global Trade Show kicked off in grand style, with Prime Minister Narendra Modi officially opening the doors. This massive event, held in Gandhinagar, brings together businesses, governments, and people from all over the world to share ideas, showcase products, and strike deals. PM Modi, in his opening speech, praised Gujarat's spirit of innovation and entrepreneurship. He said, "Vibrant Gujarat is a shining example of how teamwork and a clear vision can turn dreams into reality." He highlighted the state's progress in areas like renewable ener

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Tata Electronics Unveils Ambitious Investment Plan in Tamil Nadu, Set to Generate 40,500 Jobs
Economy

Tata Electronics Unveils Ambitious Investment Plan in Tamil Nadu, Set to Generate 40,500 Jobs

In a major boost to Tamil Nadu's industrial landscape, Tata Electronics has announced a staggering investment of Rs. 12,082 crore in the state. The move, part of the company's strategic expansion plan, is expected to create an impressive 40,500 employment opportunities, contributing significantly to the region's economic growth. The investment, spanning across various sectors, underscores Tata Electronics' commitment to leveraging Tamil Nadu's business-friendly environment. The company aims to establish state-of-the-art manufacturing facilities and research and development centers, positio

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U.S. Labor Market Shows Strength: December Hiring Surpasses Expectations
Economy

U.S. Labor Market Shows Strength: December Hiring Surpasses Expectations

U.S. employers exceeded expectations by adding 216,000 jobs in December, according to the Labor Department's Bureau of Labor Statistics. The robust hiring, coupled with a solid increase in wages, has raised questions about market expectations for a Federal Reserve interest rate cut in March. Economists had forecasted a more modest increase of 170,000 jobs, but the data revealed a stronger-than-anticipated labor market performance. Despite a revision of November's payroll numbers from 199,000 to 173,000, the overall picture suggests that the U.S. economy avoided a recession in 2023. The

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Nepal and India Ink Historic Deal: 10,000 MW Hydroelectricity Pact
Economy

Nepal and India Ink Historic Deal: 10,000 MW Hydroelectricity Pact

Nepal and India signed a "long-term power trade" deal on January 4, solidifying Nepal's commitment to export 10,000 megawatts (MW) of hydroelectricity to its energy-hungry neighbor over the next decade. The agreement was confirmed by Nepali Foreign Ministry spokesman Amrit Bahadur Rai during the visit of Indian Foreign Minister S. Jaishankar to Kathmandu. Nepal, once plagued by limited electricity access, has undergone a remarkable transformation, connecting nearly all of its 30 million people to the grid through an extensive dam building spree. With an existing installed capacity of over

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India’s Strategic Move: Forming a State-Backed Consortium for Coking Coal Imports
Economy

India’s Strategic Move: Forming a State-Backed Consortium for Coking Coal Imports

India is taking a significant step towards enhancing its steel production capabilities by planning to establish a state-backed consortium for the import of coking coal. This initiative reflects the country's strategic approach to secure a steady supply of this crucial raw material, essential for steel manufacturing. The move aims to mitigate the risks associated with volatile global markets and ensure a more stable and cost-effective supply chain for the nation's burgeoning steel industry. Coking coal, a vital ingredient in steel production, has traditionally been a significant import for

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