The Fuel Excise Duty Cut: The Indian government has reduced excise duty on petrol and diesel by ₹10 per litre to shield consumers and Oil Marketing Companies (OMCs) from rising global crude prices.An excise duty is an indirect tax levied by the Central Government on the manufacture or sale of specific goods within the country.In […]
Tag: 27th Mar 2026
RBI Payments Vision 2028
RBI Payments Vision 2028: The Reserve Bank of India (RBI) has released its ‘Payments Vision 2028’ document, titled Shaping India’s Payment Frontier.This strategic roadmap succeeds the 4Es (Everyone, Everywhere, Every time) vision of 2025, shifting the focus toward deepening consumer trust.It is a comprehensive policy framework and roadmap designed to guide the evolution of India’s […]
Tunguska Air Defence Missile System
Tunguska Air Defence Missile System : The Ministry of Defence signed a Rs 445 crore contract with Russia’s JSC Rosoboronexport, to procure the Tunguska Air Defence Missile System for the Indian Army.The Tunguska (NATO reporting name: SA-19 Grison) is a Soviet-origin, tracked, self-propelled anti-aircraft weapon system. It is a unique hybrid platform that combines both […]
EV Charging Infrastructure
EV Charging Infrastructure: The Government informed Parliament about the status and expansion of EV charging infrastructure across India under schemes like FAME-II and PM E-DRIVE.EV Charging Infrastructure refers to a network of charging stations (EVPCS) that supply electricity to recharge electric vehicles.It includes public, private, and highway-based charging systems, with participation from both government and […]
