Finance Minister Nirmala Sitharaman approved a 15% rise in the defence budget for 2026-27, giving Rs 7.8 lakh crore, up from Rs 6.81 lakh crore. The military hardware portion of the capital expenditure is Rs 2.19 lakh crore, a 21.8% increase over the previous year. This budget represents a deliberate change towards modernisation, emphasising indigenous […]
Indian Gas Exchange Limited (IGX) and Hindustan Petroleum Corporation Limited (HPCL) inked a Memorandum of Understanding (MoU) to expand access to regasification infrastructure and foster market-based involvement in India’s natural gas industry. Anuj Mehrotra, the Executive Director of Natural Gas at HPCL, and Rajesh Kumar Mediratta, the Managing Director and CEO of IGX, signed the […]
For the second India-Arab Foreign Ministers’ Meeting (IAFMM), which is set for January 31, foreign ministers from various nations have arrived in New Delhi. Key figures participating include Libya’s Foreign Minister Eltaher S. M. Elbaour, Somalia’s Abdisalam Ali, and League of Arab States Secretary General Ahmed Aboul Gheit. The significance of these visits in strengthening […]
Rail safety has been greatly improved by Indian Railways’ commissioning of 472.3 route kilometres (RKms) of the Kavach Version 4.0 Automatic Train Protection System over three sections. The newly listed sections are Vadodara–Virar (344 km), Tuglakabad–Palwal (35 km), and Manpur–Sarmatanr (93.3 km), signifying the greatest number of kilometres of Kavach commissioned in a single day […]
India’s largest steel major Maharatna PSU, Steel Authority of India Ltd (SAIL), has earned the coveted honour of Great Place to Work designation for February 2026 to February 2027 for the third time in a row, following a company-wide review by the Great Place to Work Institute, India. The esteemed award shows how hard the […]
Three important Memorandums of Understanding were signed between Maharatna CPSE and Oil India Ltd during India Energy Week 2026 in Goa. The first contract with ONGC Ltd has been inked. Shri Arunangshu Sarkar, Director (S&CA), ONGC; Shri O. P. Sinha, Director (E), ONGC; and Shri Saloma Yomdo, Director (E&D), OIL, were present when the Memorandum […]
Assam Petro-Chemicals Ltd (APL), a state-level PSU under the Government of Assam has signed a substantial Memorandum of Understanding (MoU) with Deendayal Port Authority (DPA) to develop a 150 Tonnes Per Day (TPD) e-Methanol plant at Kandla Port in Gujarat. They highlighted a big stride in the direction of green shipping and renewable energy. At […]
In order to purchase 250 MW of firm and dispatchable renewable energy power from ACME Urja One Private Limited, a fully owned subsidiary of ACME Solar Holdings Limited, state-owned hydropower company NHPC Limited has inked a Power Purchase Agreement. The deal, which relates to a 250 MW FDRE project that ACME Urja One would develop, […]
In order to investigate the possibility of supplying Sustainable Aviation Fuel (SAF), Akasa Air and Indian Oil Corporation Ltd (IOCL) inked an LOI at Wings India 2026. This collaboration intends to promote Akasa Air’s sustainability initiatives, as SAF is vital for decreasing greenhouse gas emissions in air travel and transitioning the aviation sector towards net-zero […]
Micro, Small and Medium Enterprises (MSMEs) are crucial to India’s economy, providing around 35.4% of manufacturing, 48.58% of exports, and 31.1% of GDP, according to the Economic Survey 2025-26. As of November 30, 2025, the Self-Reliant India (SRI) Fund, which was founded with a capital of Rs 50,000 crore, had invested Rs 15,442 crore in […]
