Public Sector Unit News

HUDCO Posts Robust FY26 Performance with Sharp Growth in Sanctions and Disbursements

  • April 2, 2026
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The continuous demand for funding urban development led to a 28.76% year-on-year increase in loan sanctioning to ₹1.65 lakh crore in FY2025-26, which was a great performance for the state-run Housing and Urban Development Corporation Ltd. (HUDCO). Consistent project execution and better capital deployment led to a 27.87% increase in disbursements to ₹51,194 crore. With […]

Public Sector Unit News

MRPL Hosts Free Artificial Limb Camp as Part of CSR Activities

  • April 2, 2026
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Mangalore Refinery and Petrochemicals Limited (MRPL) organised an artificial limb distribution camp in Mangaluru as part of its Corporate Social Responsibility (CSR) efforts, benefiting 36 individuals. The camp, held at the Dakshina Kannada Zilla Panchayat Hall, provided customised prosthetic limbs manufactured by FIT WELL. Beneficiaries were identified in coordination with the Department for the Empowerment […]

National News

GST Hits Record High: ₹2 Lakh Crore Milestone Achieved in March

  • April 2, 2026
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Official data shows that in March 2026, India’s Goods and Services Tax (GST) collections reached ₹2,00,064 crore, an 8.8% year-on-year increase. This was driven by a combination of stable domestic revenues and a significant surge in collections relating to imports. The month’s growth was spearheaded by a 17.8% spike in import revenues, with domestic collections […]

Public Sector Unit News

Record Run: Indian Railways Hits All-Time High in Passenger and Freight Traffic

  • April 2, 2026
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As the backbone of India’s transport and logistics network, Indian Railways continued to impress in FY26 with solid operational and financial results, propelled by record freight throughput and consistent increases in passenger traffic. As a result of continued demand for rail-based mobility, passenger traffic increased 3.54% year-on-year to 741 crore in FY26 from 716 crore […]

Public Sector Unit News

GRSE Hits New High in Turnover, Declares Interim Dividend of 129%

  • April 1, 2026
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Garden Reach Shipbuilders & Engineers Limited (GRSE), sustaining its strong growth momentum, has recorded the highest annual turnover in its history for FY 2025-26, amounting to ₹6,400 crore (Provisional & Unaudited), as against ₹5,076 crore in FY 2024–25. The shipyard has also declared an interim dividend @ 129% of paid-up share capital against 89.5% in […]

Public Sector Unit News

BEL Lands ₹1,950 Cr Radar Deal, Signals Strong Order Book

  • April 1, 2026
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Two state-of-the-art Mountain Radar systems will be purchased for the Indian Air Force by the Ministry of Defence India from Bharat Electronics Limited (BEL) for ₹1,950 crore. Aatmanirbhar Bharat and Make in India are government programs that aim to encourage economic independence, and this contract falls under the “Buy (Indian-Indigenously Designed, Developed and Manufactured)” category. […]

Public Sector Unit News

Gati Shakti Vishwavidyalaya Ties Up with DGCA to Strengthen MRO Sector

  • April 1, 2026
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A strategic Memorandum of Understanding has been signed by Gati Shakti Vishwavidyalaya (GSV) and the Directorate General of Civil Aviation (DGCA) to support the aviation sector’s rapid expansion in India and to boost human capital development. The three-year Bachelor of Science in Aircraft Maintenance Engineering (AME) program will be launched as part of the partnership […]