Public Sector Unit News

Centre Reduces Offshore Oil & Gas Royalty Rates to Encourage Energy Exploration

  • May 12, 2026
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Revisions to India’s oil and gas regulations have resulted in a decrease in the royalty burden on crude oil and casing head condensate produced from offshore deepwater and ultra-deepwater fields. As per the revised framework, deepwater projects will be subject to a royalty of 5% for the initial seven years following the commencement of commercial […]

Public Sector Unit News

New Passenger Train Service Launched on Dohrighat–Mau–Aunrihar Line by Ashwini Vaishnaw

  • May 12, 2026
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Ashwini Vaishnaw, the Union Minister of Railways, officially off the Aunrihar-Dohrighat passenger train on Monday, fulfilling a long-overdue demand from the districts of Mau and Ghazipur and improving rail connection in eastern Uttar Pradesh. Sadat, Jakhanian, Dullahapur, Mau, Indara, Kopaganj, Ghosi, Amila, and Muradpur are crucial stations that the daily passenger service will stop at […]

State News

Tamil Nadu Gets New Chief Minister: C Joseph Vijay Sworn In

  • May 12, 2026
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C. Joseph Vijay, the freshly sworn-in Chief Minister of Tamil Nadu, delivered an emotional and contemplative talk at the Jawaharlal Nehru Indoor Stadium after taking office. Vijay shared a deeply personal experience alongside his vision for government. As he addressed a huge audience, Vijay drew on anecdotes and anecdotes from his early life to make […]

Public Sector Unit News

AI and Semiconductor Push Key to India’s Growth, Says Vaishnaw

  • May 12, 2026
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According to Union Minister Ashwini Vaishnaw, India has successfully weathered global turmoil thanks to Narendra Modi’s well-calibrated policies and swift execution. Vaishnaw outlined the three main drivers of the country’s transformation—railways, electronics and semiconductors, and artificial intelligence—during his speech at the CII Annual Business Summit 2026. He brought attention to the rail sector’s advancements by […]

Public Sector Unit News

Viksit Bharat G-RAM-G: Government Announces 125-Day Employment Guarantee Initiative

  • May 12, 2026
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With the nationwide implementation of the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, announced by the Centre, rural households will be guaranteed 125 days of paid employment each year beginning on July 1, 2026. Within a certain time limit, the new system guarantees employment to any rural household with adults […]

Public Sector Unit News

BRF hosts high-level conclave on ‘Atmanirbharta in Defence – Opportunities for MSMEs’

  • May 12, 2026
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Bramha Research Foundation (BRF), with the support of the Indian Navy, hosted a high-level day-long conclave on ‘Atmanirbharta in Defence – Opportunities for MSMEs’ at Taj Lands End, Mumbai, bringing together some of the nation’s most distinguished military leaders, policymakers, defence strategists, global OEMs and industry stalwarts to deliberate on India’s rapidly evolving indigenous defence […]

International news

Rwanda Extends Invitation to India for Africa’s Nuclear Energy Innovation Summit

  • May 11, 2026
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Kigali, Rwanda, will host the Nuclear Energy Innovation Summit for Africa (NEISA 2026) from May 18–21. Rwanda has extended an invitation to India to attend the summit. Union Minister Jitendra Singh received the invitation personally from Rwanda’s high commissioner to India, Jacqueline Mukangira. The minister, who is unable to attend the summit in person, has […]

Public Sector Unit News

MBDA to implement MICA MRO capabilities in India

  • May 11, 2026
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MBDA has signed an agreement with the Indian Air Force for the development of a local capability for the Maintenance, Repair and Mid-Life Overhaul (MRO) of MICA missiles.  The MRO facility will be set up, operated and maintained by the Indian Air Force, with MBDA supplying the industrial machinery and tools required, data packages, as […]