At the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026, the esteemed “NBFC of the Year” title was bestowed upon REC Limited, a Navratna PSU operating under the Ministry of Power. This accolade is in recognition of the substantial contribution that REC has made to funding India’s power and infrastructure sectors. At the […]
On Friday, Minister of Commerce and Industry Piyush Goyal announced that the government has convened an inter-ministerial conference with trade groups to brainstorm strategies to increase manufacturing in the nation. He reaffirmed the government’s intention to collaborate closely with businesses in order to boost competitiveness, quality, and manufacturing capacity expansion. He announced the strategy meeting […]
An Indian official has confirmed that the country has denied China’s request to establish a WTO dispute panel over the solar cell, module, and IT industry assistance measures implemented by New Delhi. The move comes in response to a case that Beijing filed against these policies. The World Trade Organization’s (WTO) dispute settlement body received […]
On Friday, Prime Minister Narendra Modi stated that India and Cyprus had elevated their relations to a strategic partnership. He hailed the visit of Cyprus President Nikos Christodoulides as a watershed moment in the two countries’ relationship. Joined by President Christodoulides at a joint press conference following bilateral talks at Hyderabad House, Prime Minister Modi […]
The 623rd meeting of the RBI Central Board of Directors, presided over by Governor Sanjay Malhotra, was held in Mumbai, and the decision was made during that meeting. The annual accounts of the central bank for FY2025-26 were authorised after the Central Board examined the local and international economic climate, including threats to the economic […]
Reinforcing its stature as one of India’s leading shipyards and a key contributor to the nation’s maritime ecosystem, Garden Reach Shipbuilders & Engineers Ltd. (GRSE) marked a proud achievement as two of its women officers – Smt. Aparajita Ghosh, Chief General Manager (Finance) & Smt. Debjani Sen, Additional General Manager (Central Design Office) were recognised […]
U.S. companies have pledged investments totalling more than USD 60 billion in the past six months, according to Commerce and Industry Minister Piyush Goyal. This figure includes substantial investments in data centers made by giants like Amazon and Google. He claimed that India offers an unparalleled combination of size, skill, and market opportunity, and that […]
On Thursday, as part of its flagship startup program, USHUS, Cochin Shipyard announced that it has entered into a deal to invest 5% of its share capital in Maritech Integrated Maritime, a deeptech platform based in Dehradun. The program’s goal is to empower India’s marine ecosystem by fostering innovative technologies through strategic investments and partnerships […]
A Memorandum of Understanding (MoU) was signed to advance corporate governance, ESG, and capital markets in India by the National Institute of Securities Markets (NISM), which is established by the Securities and Exchange Board of India (SEBI), and the Indian Institute of Corporate Affairs (IICA), which is under the Ministry of Corporate Affairs. Training programs, […]
Profit after tax (PAT) for the fiscal year ending March 31, GAIL (India) Limited, fell 38% to 6,968 crore rupees, from 11,312 crore rupees in FY25, as the company continued to feel the pinch of the difficult global market. While the company’s EBITDA fell to Rs 13,119 crore from Rs 19,168 crore in FY25, its […]
