Starting with an initial 3% stake and an option for an extra 2% to accommodate oversubscription, the Indian government began an Offer for Sale (OFS) on February 10 to divest up to 5% of Bharat Heavy Electricals Limited (BHEL). Each share will start at a floor price of Rs 254. There are a total of […]
According to a statement from the Government of India dated December 16, 2025, Ashwini Kumar Tewari formally took over as Managing Director of State Bank of India (SBI) today. This appointment supports SBI’s strategic ambition to fortify operations, broaden digital banking initiatives, and improve customer service throughout India as part of the bank’s leadership continuity. […]
A Miniratna PSU under the Ministry of Railways, RailTel Corporation of India Ltd, reported a successful start to 2026 by landing several significant domestic contracts in January that totalled more than ₹450 crore and covered government agencies, railroads, defence, and digital infrastructure. In accordance with Regulation 30 of the SEBI Listing Regulations, the company informed […]
Operational data shows that Indian Railways’ Trucks-on-Trains (ToT) service is becoming more and more popular in the industry and profitable. The Ministry of Railways reports that during FY25 (April–December), the service handled 545 rakes, transporting more than three lakh tonnes of freight and earning 36.95 crore. Since its founding, ToT has generated over ₹131 crore, […]
The “Draft National Electricity Policy (NEP) 2026,” which aims to modernise the power sector and improve its financial and environmental viability, was made available for public comment by the Indian government in January 2023. By aiming for per capita power consumption of 2,000 kWh by 2030 and over 4,000 kWh by 2047, this plan aims […]
The Atal Pension Yojana (APY) would continue until the fiscal year 2030–31, with additional financing for promotional efforts and gap funding, according to the Union Cabinet, which is led by Prime Minister Narendra Modi. For low-income and unorganised sector workers, the APY seeks to provide old-age income security. Beginning at age 60, a basic pension […]
Over 4.5 lakh devotees were able to travel thanks to Indian Railways’ successful operation of 244 special trains during the Mauni Amavasya period beginning on January 3. On January 18, 40 special trains were operated in Prayagraj alone. With careful preparation and coordination, the programme demonstrated a dedication to delivering safe and effective services during […]
In order to improve banking accessibility, especially in rural regions, the Department of Posts announced on January 20 that 887 ATMs had been activated throughout India. By enabling citizens to conveniently complete necessary banking chores like withdrawals and balance checks, this project advances the government’s objective of financial inclusion through digital transformation. Further utilising its […]
The goal of the Bharat Electricity Summit 2026, which will take place in New Delhi from March 19–22, is to bring together important stakeholders to talk about sustainable energy alternatives. The event’s theme, “Electrifying Growth. Empowering Sustainability,” was highlighted by Union Minister of Power Manohar Lal in his announcement. Creating Global Connections: India’s leadership in […]
New Delhi, July 16 (IANS) The government has set an ambitious growth target of 20 to 30 per cent for India Post for FY 2025-26 across different circles, Union Communications Minister Jyotiraditya Scindia said on Tuesday. The goal is to transform India Post into a sustainable profit centre for the Government of India, without compromising its […]
