Business
Register on the e-Shram Portal to Unlock AB-PMJAY Benefits: A Message to Platform Workers from the Centre
NITI Aayog forecasts that India’s gig economy will provide employment to over 1 crore individuals by 2024-25, with this number expected to rise to 2.35 crore by 2029-30. Acknowledging the vital role that gig and platform workers play in the economy, the Union Budget for 2025-26 includes plans for the registration of online platform workers on the e-Shram portal, the issuance of identity cards, and healthcare coverage through the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY).
The AB-PMJAY scheme offers up to ₹5 lakh per family annually for secondary and tertiary hospital care across more than 31,000 empanelled public and private hospitals in India. To facilitate the swift rollout of these budget provisions, the Ministry of Labour and Employment will soon launch the scheme and is urging platform workers to register on the e-Shram Portal to obtain formal recognition and access to AB-PMJAY benefits.
“As an initial step, the Ministry requests platform workers to self-register on the e-Shram portal for timely consideration of their benefits under the scheme,” the statement emphasized. Additionally, platform aggregators are asked to share this information with their workers and assist them in registering on the e-Shram portal.
Currently, over 30.58 crore unorganised workers have registered on the e-Shram Portal to avail themselves of various government social welfare benefits. In 2024 alone, the portal has seen the registration of more than 1.23 crore workers, averaging about 33,700 new enrollments daily.
The e-Shram portal aims to register and support unorganised workers by providing a Universal Account Number (UAN) based on self-declaration. It has also been integrated with the National Career Service (NCS) Portal, allowing unorganised workers to register and seek job opportunities using their UAN. A dedicated link has been created for workers already registered on the e-Shram portal to facilitate their seamless registration on the NCS.
Business
Domestic LPG Cylinder Price Increased by Rs 29
New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.
The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.
After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.
READ MORE :Odisha Engineer under Vigilance Scanner
The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.
Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.
Business
Honda Begins Delivery of 2026 City Hybrid
Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.
Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.
The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.
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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.
The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.
READ MORE:Boy Dies in Cricket Camp Accident in Mumbai
The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.
Business
Overseas Loans by Indian Firms See Sharp Decline
Business : Indian companies borrowed $5.43 billion from abroad in March, according to RBI data. This was 51% lower than March last year.
Experts said the weak rupee and high global interest rates made foreign loans less attractive for companies.
In the financial year 2025-26, India Inc raised nearly $43 billion through foreign borrowings. This was down from $61 billion in the previous year.
In March 2025, borrowings had crossed $11 billion due to large deals by companies like JSW Steel and Tata Semiconductor Manufacturing.
Companies are also avoiding overseas loans because hedging costs have become expensive during currency volatility.
READ MORE :AC Coach of Thiruvananthapuram-Delhi Rajdhani Express Catches Fire
The RBI reportedly discussed easing foreign borrowing rules and offering hedging support, but no final decision was taken.
Market experts said the ongoing West Asia conflict has increased uncertainty, making companies cautious about raising funds from abroad.
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