Public Sector Unit News

India Set to Take Over FATF Vice-Presidency for the First Time

  • June 22, 2026
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By having Vivek Aggarwal, Secretary of the Ministry of Culture, elected as Vice-President of the Financial Action Task Force (FATF), India has reached a significant milestone in global financial regulation. For the first time ever, India will be serving as the Vice-Presidency of the Financial Action Task Force (FATF), the preeminent global organization dedicated to […]

Public Sector Unit News

SEBI Eases Municipal Bond Regulations While Aligning Securitisation Norms with RBI

  • June 20, 2026
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Securitised debt instruments (SDIs) and municipal debt securities (MDS) have had changes to their regulatory framework approved by the Securities and Exchange Board of India (SEBI) on Friday. Both changes sought to bring securitisation rules into line with those of the Reserve Bank of India, streamline operations, and encourage the growth of listed securitisation and […]

Public Sector Unit News

RBI MPC Minutes: Policymakers Opt for Wait-and-Watch Strategy on Growth and Inflation

  • June 20, 2026
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According to the minutes of the MPC meeting that were released on Friday, all six members of the RBI’s Monetary Policy Committee opted for a wait-and-watch strategy when they voted to maintain benchmark interest rates earlier this month. They cited the high level of uncertainty surrounding the future of inflation and growth as reasons for […]

Corporate News

FY27 Passenger Vehicle Sales Forecast: India to See 4-6% Growth

  • June 20, 2026
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Reports indicate that utility vehicle traction, improved affordability due to GST rate reduction, and sustained demand momentum will propel passenger vehicle sales to a 4- to 6-percent increase this fiscal. According to the report by ratings agency Icra, wholesale volumes of passenger vehicles increased by a robust 27% year-on-year, reaching 4.4 lakh units, while retail […]

National News

PM Modi Says PM-VBRY Has Generated Over 70 Lakh Jobs, Transfers ₹2,400 Crore for 15 Lakh More

  • June 20, 2026
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While distributing incentives worth Rs 2,400 crore to support 15 lakh new jobs, Prime Minister Narendra Modi announced on Friday that the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) had so far employed over 70 lakh individuals nationwide. Last August, the government unveiled its centrepiece employment-linked incentive program, which aims to assist first-time job searchers […]

Public Sector Unit News

NMDC Accelerates Growth with Capacity Expansion and Digitalisation Initiatives at Donimalai

  • June 20, 2026
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Executives from NMDC Limited have taken stock of the Donimalai Complex in Karnataka’s capacity expansion, digitalisation, and sustainable mining projects in an effort to boost operational efficiency and reach the company’s long-term growth goals. On a recent visit, senior management from NMDC examined the Donimalai Complex’s (17 MTPA) and Kumaraswamy Mine’s (10) ongoing infrastructure development […]

Public Sector Unit News

Nationwide Rollout of VB-G RAM G Act to Start July 1, Backed by 100+ Area Officers

  • June 20, 2026
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Before the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Act, 2025 goes nationwide on July 1, 2026, the Indian government has announced the deployment of over 100 area officers across the country. This is a major step toward ensuring the Act’s successful implementation. The Ministry of Rural Development states that throughout […]