To support the “sunrise sectors” vital to India’s economic growth, the State Bank of India (SBI) established the “CHAKRA” Centre of Excellence. Energy from renewable sources, advanced cell chemistry, electric mobility, green hydrogen, semiconductors, smart infrastructure, data centres, and decarbonisation will be the eight main areas of emphasis at the centre. More than Rs 100 […]
On the night between January 31 and February 1, 2026, the 2000 MW Subansiri Lower Hydro-Electric (HE) Project, which spans Arunachal Pradesh and Assam, was successfully completed by NHPC Limited, a Navratna PSU under the Ministry of Power, Government of India. The energy transition, grid stability, and energy security of India have all been greatly […]
A small rise from ₹ 1,01,580 crores in the previous fiscal year, GAIL (India) Ltd reported a revenue from operations of ₹ 1,03,899 crores for the nine months ended December 2025. Nevertheless, due to unusual revenue from an arbitration settlement in FY 2024-25, Profit before Tax (PBT) dropped to 7,387 crores from 12,123 crores and […]
In Budget 2026-27, Finance Minister Nirmala Sitharaman announced a Small and Medium Enterprises (SME) Growth Fund with a budget of Rs 10,000 crore. The fund’s purpose is to help SMEs become more competitive and resilient. To further support micro-enterprises, the Self-Reliant India Fund would receive an additional Rs 2,000 crore. The government has established the […]
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 […]
