The 623rd meeting of the RBI Central Board of Directors, presided over by Governor Sanjay Malhotra, was held in Mumbai, and the decision was made during that meeting. The annual accounts of the central bank for FY2025-26 were authorised after the Central Board examined the local and international economic climate, including threats to the economic […]
Reinforcing its stature as one of India’s leading shipyards and a key contributor to the nation’s maritime ecosystem, Garden Reach Shipbuilders & Engineers Ltd. (GRSE) marked a proud achievement as two of its women officers – Smt. Aparajita Ghosh, Chief General Manager (Finance) & Smt. Debjani Sen, Additional General Manager (Central Design Office) were recognised […]
U.S. companies have pledged investments totalling more than USD 60 billion in the past six months, according to Commerce and Industry Minister Piyush Goyal. This figure includes substantial investments in data centers made by giants like Amazon and Google. He claimed that India offers an unparalleled combination of size, skill, and market opportunity, and that […]
On Thursday, as part of its flagship startup program, USHUS, Cochin Shipyard announced that it has entered into a deal to invest 5% of its share capital in Maritech Integrated Maritime, a deeptech platform based in Dehradun. The program’s goal is to empower India’s marine ecosystem by fostering innovative technologies through strategic investments and partnerships […]
A Memorandum of Understanding (MoU) was signed to advance corporate governance, ESG, and capital markets in India by the National Institute of Securities Markets (NISM), which is established by the Securities and Exchange Board of India (SEBI), and the Indian Institute of Corporate Affairs (IICA), which is under the Ministry of Corporate Affairs. Training programs, […]
Profit after tax (PAT) for the fiscal year ending March 31, GAIL (India) Limited, fell 38% to 6,968 crore rupees, from 11,312 crore rupees in FY25, as the company continued to feel the pinch of the difficult global market. While the company’s EBITDA fell to Rs 13,119 crore from Rs 19,168 crore in FY25, its […]
According to experts, India has secured an estimated investment pipeline of about $40 billion during Prime Minister Narendra Modi’s recent five-nation tour. During the tour, global firms and partner nations announced significant pledges and expansion plans across critical sectors. More than fifty international firms from industries such as technology, logistics, semiconductors, and infrastructure met with […]
By improving their worldwide risk rating from “Average” to “Above Average,” IndianOil Refineries have further solidified their position as a leader in industrial safety, operational reliability, and asset integrity. This is a huge step forward for India’s downstream energy sector, since the improved rating puts IndianOil’s refining network in the second-highest global risk category. Acknowledgement […]
A 23 percent year-on-year increase in consolidated net profit to Rs 23,467 crore was reported by Life Insurance Corporation of India (LIC) on Thursday for the fourth quarter of FY26. The increase was backed by growth in premium income and improved investment earnings. In the same quarter of the prior fiscal year, the state-owned insurer […]
In order to bring primary healthcare to underprivileged areas in the Meerut district of Uttar Pradesh, the REC Foundation, the corporate social responsibility arm of REC Limited, has partnered with Lala Lajpat Rai Memorial (LLRM) Medical College to establish a doorstep service. This agreement, signed on May 21, 2026, is a reflection of the REC […]
