Public Sector Unit News

Resonia Takes Over Hampapura Transmission SPV from RECPDCL After Winning TBCB Bid

  • June 3, 2026
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The Ministry of Power’s REC Power Development and Consultancy Limited (RECPDCL), a 100% subsidiary of REC Limited, transferred the InSTS Transmission Project SPV in Karnataka to M/s Resonia Limited on May 30, 2026. Following Resonia’s successful offer in a Tariff-Based Competitive Bidding (TBCB) procedure overseen by RECPDCL in its role as offer procedure Coordinator, the […]

Public Sector Unit News

NHPC Share Sale Attracts Robust Response, OFS Subscribed 3.47 Times

  • June 3, 2026
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A regulatory filing from Tuesday stated that the government’s Offer for Sale (OFS) in National Hydroelectric Power Corporation (NHPC) Ltd, which is under the Ministry of Power, was 3.47 times oversubscribed on the initial day of bidding for non-retail investors. Additionally, the authorities fully utilised the 3% greenshoe option, increasing the total offer stake to […]

National News Public Sector Unit News

India-UK Trade Relations Gain Momentum as Piyush Goyal Meets Peter Kyle

  • June 3, 2026
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The minister of commerce and industry, Piyush Goyal, stated on Tuesday that he and the secretary of state for business and trade of the United Kingdom, Peter Kyle, had “great conversations” regarding the future of economic engagement between India and the UK and the advancement of common commercial goals. “Delighted to welcome my friend, UK […]

National News

Indian Nationals to Benefit as Germany Eases Airport Transit Rules

  • June 3, 2026
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India expressed its delight on Tuesday at Germany’s decision to enable visa-free airport transit for Indian nationals, viewing it as a major milestone in the development of closer bilateral relations and improved connection between individuals. With the new arrangement taking effect on June 3, Indian citizens will no longer need an airport transit visa to […]

Public Sector Unit News

MCL Performance Under Review as Coal Minister Visits Odisha

  • June 2, 2026
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G. Kishan Reddy, the Union Minister of Coal and Mines, conducted a performance evaluation of Odisha-based coal and mining companies on Monday. The review aimed to improve coal production, fortify evacuation infrastructure, speed up project development, and encourage sustainable mining practices. Inaugural session attendees included Bibhuti Bhusan Jena, Odisha’s Minister of Commerce, Transport, Steel, and […]

National News

PM Modi Meets Min Aung Hlaing, Giving Fresh Momentum to India-Myanmar Strategic Ties

  • June 2, 2026
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During their bilateral meeting at Hyderabad House in New Delhi on Monday, Prime Minister Narendra Modi and President U Min Aung Hlaing of Myanmar discussed ways to increase economic, trade, technological, and people-to-people interaction. The meeting is a significant diplomatic engagement during President Hlaing’s five-day visit to India, during which the two neighbouring nations will […]

State News

West Bengal Expands Cabinet, 35 MLAs Take Oath as Ministers

  • June 2, 2026
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Over three weeks after the BJP formed its first government in the state following the Assembly elections, West Bengal Chief Minister Suvendu Adhikari expanded his ministry on Monday as 35 BJP lawmakers took oath as ministers at Lok Bhavan in Kolkata. As part of the reorganisation of the cabinet, thirteen ministers were added, three of […]