Download the app
App StorePlay Store
Beige
Login
← All tags

government

Govt panel led by SBI chief to assess Mythos AI risks and craft mitigation plan

Govt panel led by SBI chief to assess Mythos AI risks and craft mitigation plan

Union Finance Minister Nirmala Sitharaman has set up a panel headed by SBI Chairman C S Setty to evaluate risks tied to the AI platform “Mythos” and propose mitigation strategies. Banks will work together to understand the threats posed by Mythos and determine what investments are needed to counter AI-driven challenges.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Government says no edible oil subsidy plan now as prices soar for consumers

Government says no edible oil subsidy plan now as prices soar for consumers

The government has said there is currently no proposal to supply edible oils to consumers at subsidised rates. Data shows domestic production of edible oils in 2020-21 was 111.51 lakh tonnes against imports of 134.52 lakh tonnes, while demand reached 246.03 lakh tonnes. Groundnut oil retail prices also rose sharply to Rs 176.28 per kg.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Your news, in seconds

App StorePlay Store
Govt says auto makers report no serious LPG supply shortage so far amid West Asia turmoil

Govt says auto makers report no serious LPG supply shortage so far amid West Asia turmoil

The government has said it has not received reports from auto component makers about any serious LPG supply shortage so far. Speaking at an inter-ministerial briefing on West Asia developments, the Ministry of Heavy Industries said it is in constant contact with the automobile industry and is taking steps to address potential supply-chain disruptions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
NGOs risk losing foreign donation permissions as unused funds face cancellation

NGOs risk losing foreign donation permissions as unused funds face cancellation

The Indian government has begun cancelling registrations of NGOs that have not spent foreign donations received years ago. Under a proposed bill, oversight could tighten further, with powers to freeze funds and restrict how assets are managed. The move signals a major push for greater accountability in the non-profit sector and stronger compliance with donor utilisation norms.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Government extends Bank of India and Bank of Baroda MD tenures by three years

Government extends Bank of India and Bank of Baroda MD tenures by three years

The government has extended the tenures of Rajneesh Karnatak, MD and CEO of Bank of India, and Debadatta Chand, MD and CEO of Bank of Baroda, by three years each. The Bank of India extension starts April 29, 2026, while Bank of Baroda’s begins July 1, 2026, allowing both executives to continue leading their banks through 2029.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Centre issues MSME prepackaged insolvency framework but key thresholds still missing

Centre issues MSME prepackaged insolvency framework but key thresholds still missing

The Centre has notified a framework for prepackaged insolvency resolution for MSMEs under the Insolvency and Bankruptcy Code. However, it has not yet set or notified the threshold amounts needed to trigger prepackaged insolvency. The move provides a legal pathway, but businesses may still face uncertainty until the key thresholds are announced.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Never miss a story

App StorePlay Store
SC gives Vodafone relief but government’s role raises the real precedent question

SC gives Vodafone relief but government’s role raises the real precedent question

The Supreme Court’s latest ruling offers Vodafone relief, but the deciding factor may be what happens next. The government’s delayed support for Vodafone’s distressed position weighed heavily in the court’s reasoning, prompting questions about whether the case becomes a precedent for other telecom and financial disputes.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Cabinet clears 12980 crore maritime insurance pool to slash costs and cut foreign reliance

Cabinet clears 12980 crore maritime insurance pool to slash costs and cut foreign reliance

India’s Cabinet has approved the Bharat Maritime Insurance Pool, funded with a sovereign guarantee exceeding ₹12,980 crore. The scheme is designed to provide steady maritime insurance coverage for Indian vessels across a wide range of risks, reducing insurers’ reliance outside the country. Officials say it will lower operating costs and strengthen domestic capacity in maritime risk management.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play