Public Sector Unit News

MGNREGA Outlay Surpasses ₹1.25 Lakh Crore; Rural Development Ministry Disburses ₹95,692 Crore to States

  • June 10, 2026
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With the announcement of an interim allocation of Rs 95,692.31 crore to states and Union Territories, the Union Ministry of Rural Development has doubled the total funding commitment under rural employment initiatives to more than 1.25 lakh crore, a significant step toward rural development and job creation. The allocation, along with the previously sanctioned Rs […]

Blogs

Crypto in 2026: The Storm India Can’t Ignore

  • June 9, 2026
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2026: Crypto is full of contradictions. The Bitcoin price rose to well over $125,000 by the end of 2025. But by early 2026, it had fallen off sharply and was back to about $68,000 to $70,000. On the other hand, economists have seen this setback as a phase of consolidation for the market, which might […]

Public Sector Unit News

Indian Railways Clears ₹447.58 Crore Projects to Enhance Electric Traction Capacity on Major South India Routes

  • June 9, 2026
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Two large-scale projects to upgrade electric traction infrastructure along southern India’s key railway routes have been approved by Indian Railways. The projects call for an investment of ₹447.58 crore to upgrade the current electric traction system from 1×25 kV to the more sophisticated 2×25 kV system. The first undertaking is the South Western Railway’s 120-kilometer […]

Public Sector Unit News

India’s defence sector boom risks execution bottleneck

  • June 9, 2026
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India’s aerospace and defence (A&D) sector is entering a high-growth phase, but execution constraints could emerge as the biggest risk to sustaining momentum, according to a new PwC India study titled ‘Accelerating aerospace and defence manufacturing through operational excellence and supply chain resilience’. The study, authored by PwC India, was released earlier today at the […]