Financial Assistance

A U.S. judge temporarily blocked part of the Trump administration’s directive to freeze federal loans, grants, and other financial assistance. This freeze, which was set to affect billions of dollars in funding for education, healthcare, disaster relief, and other essential programs, was scheduled to take effect on January 29 but was halted by U.S. District Judge Loren AliKhan until February 3. The White House had implemented the freeze to align federal spending with President Trump’s recent executive orders, particularly those ending diversity, equity, and inclusion programs. Several states, including New York, Massachusetts, and California, filed a lawsuit to protect essential federal funding, especially for Medicaid. Critics, including law professors, argued the freeze violated Congress's control over public funding. While the Justice Department had not yet responded, the White House maintained that the freeze would not affect programs Americans rely on. Another court hearing is scheduled to discuss the matter further.

Ladki Bahin Yojana: Maharashtra govt announces Diwali bonus 2024; check details

As per the recent notification, the government will credit Rs 3,000, which includes the 4th and 5th installment payments, directly into the bank accounts of eligible women beneficiaries.

Give us a bigger mandate, we will double Ladki Bahin aid amount to Rs 3,000: CM Shinde

At present, the government pays Rs 1,500 per month to the beneficiaries of the 'Mukhyamantri Majhi Ladki Bahin Yojana', the Mahayuti government's flagship financial assistance scheme for women in the state.

Stubble burning: Govt to provide financial assistance for setting up torrefaction, pelletisation plants

The setting up of these plants will help resolve the problem of stubble burning and generate income for farmers, Union Environment Minister Bhupender Yadav said at a workshop on "Guidelines for grant of one-time financial support for establishment of pelletisation and torrefaction plants to promote utilisation of paddy straw".

Govt mulling over operationalising 50 working women hostels on rental model: Officials

The existing scheme of Working Women Hostels (WWH) has been renamed ’Sakhi Niwas’ and it will be expanded geographically as well as in terms of users who are single women, women whose family members do not reside in the area, girls pursuing higher education or undergoing training etc., officials said.

Government nod for financial help to families of 35 deceased journalists

The families will be provided with assistance up to Rs 5 lakh, an official statement said.

Labour Ministry directs State Welfare Boards to provide benefit via DBT instead of kind

The Ministry of Labour and Employment has issued an order to use DBT for financial assistance to BOC workers and to put restrictions on distribution of benefits in-kind by the State Welfare Boards.

Need financial assistance for private security, facility management, manpower supply: FICCI to FM Sitharaman

This sector, having one crore-strong workforce, includes private security, hygiene and sanitation management, manpower supply and cash logistics business.

102 cities to be funded under Centre’s clean air programme; 28 cities to get Rs 10 crore each

From the remaining 74 cities, those with a population between five to ten lakh will receive Rs 20 lakh each, while those with a population below five lakh will receive Rs 10 lakh each, as the initial amount.

China again declines to reveal details of financial assistance to Pakistan

Khan visited China from November 2 to 5 during which he held talks with President Xi Jinping and Premier Li Keqiang for China's help to tide over the serious economic crisis faced by cash-strapped Pakistan which included balance of payments.

Rural Electrification Corp Q1 net rises 15%

The company's net profit in the corresponding quarter of the previous fiscal was Rs 1,282.79 crore, REC Ltd said in a BSE filing. Total income from operations during the quarter was at Rs 5,662.89 crore, registering an increase of 21.3 per cent from Rs 4,667.13 crore in the year-ago period, it added.

Govt mulling financial assistance for shipping: Official

"There could be also tieing up with offsets of the defence procurement, which says that whenever you procure anything certain percentage of that needs to be ploughed back or procured from local sources," Gautam Chatterjee, Director General of Shipping says.

Thailand donates USD 100,000 to India for flood relief

Thailand on Thursday extended financial assistance of USD 100,000 towards India's flood relief and rehabilitation.

EU leaders to meet on $41bn rescue package for Greece

European Union leaders are expected to clear the way for releasing 31.5 billion euro (USD 41 billion) in urgently-needed financial assistance for debt-stricken Greece at their two-day summit which opens in Brussels today.

Pak expected to receive USD 2.5 bn from US

Cash-strapped Pakistan is expected to receive USD 2.5 billion as financial assistance from the US during the current fiscal following the end of a standoff between the two sides on NATO supply routes to Afghanistan.