Stay updated with the latest procurement news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on procurement topics.
New Delhi, Sep 29 (SocialNews.XYZ) India's navratri economy is gaining momentum with strong festive tailwinds as e-commerce sales are projected at Rs 1.2 lakh crore -- with UPI volumes crossing 20 billion transactions in August, and MSME festive credit demand is set to rise 35-40 per cent to Rs 3.45 lakh crore, a report said on Monday. According to Smallcase's report, nine sectors, including auto components, FMCG, defence, clean energy and others, are set to benefit from a combination of festiv ...Read More >
New Delhi [India], September 27 (ANI): The Government e Marketplace (GeM) and the Arun Jaitley National Institute of Financial Management (AJNIFM), on Wednesday, signed a Memorandum of Understanding (MoU) to strengthen India's public procurement system through training, research and knowledge building. According to a statement, the MoU, signed in Delhi, aims to integrate GeM's digital procurement platform with AJNIFM's expertise in training and capacity building. The release stated that the col ...Read More >
New Delhi [India], September 27 (ANI): The Government e Marketplace (GeM) and the Arun Jaitley National Institute of Financial Management (AJNIFM), on Wednesday, signed a Memorandum of Understanding (MoU) to strengthen India's public procurement system through training, research and knowledge building. According to a statement, the MoU, signed in Delhi, aims to integrate GeM's digital procurement platform with AJNIFM's expertise in training and capacity building. The release stated that the col ...Read More >
This year, the crop arrival was advanced to Sept 16, against the earlier Oct 1 Even though the Punjab government advanced paddy procurement to September 16 this year, arrivals at mandis remain thin, with only about 10,392 metric tonne (MT) of the crop being recorded till September 22. Earlier, the official procurement season used to begin from October 1, barring exceptions during the Covid period when the date was advanced by a few days to avoid crowding in mandis. Officials said that the mov ...Read More >
SMPL Ahmedabad (Gujarat) [India], September 26: BrowseInfo, an award-winning Odoo Gold Partner, is setting new benchmarks in ERP-driven digital transformation by helping SMEs and mid-market enterprises achieve faster ROI, seamless cloud-enabled operations, and scalable growth. With over a decade of experience, BrowseInfo combines agile ERP deployments, industry-specific solutions, and managed support services to empower organizations across industries. For more than 10 years, BrowseInfo has be ...Read More >
Chennai, Sep 23 (SocialNews.XYZ) The Bharatiya Janata Party's Tamil Nadu unit has urged Chief Minister M.K. Stalin to enact legislation and take stringent measures to curb "corruption" in paddy procurement centres, alleging that farmers are facing systematic exploitation despite record procurement levels this year. In a representation submitted to the Chief Minister, BJP state spokesperson A.N.S. Prasad said cultivators in the Cauvery Delta and other paddy-producing districts were being compell ...Read More >
Gandhinagar, Sep 23 (SocialNews.XYZ) Union Home and Cooperation Minister Amit Shah on Tuesday inaugurated the two-day Startup Conclave 2025 at Mahatma Mandir, bringing founders, investors and policymakers from across India together for a wide-ranging showcase and policy dialogue. Accompanied by Gujarat Chief Minister Bhupendra Patel and Higher Education Minister Rushikesh Patel, HM Shah described the country's youth as moving from "job-seekers to job-creators" and urged investors to back early- ...Read More >
Defence Minister Rajnath Singh on Sunday approved the Defence Procurement Manual (DPM) 2025 under the Year of Reforms initiative, aimed at expediting revenue procurement for the armed services. The move also seeks to support domestic industry through simplified processes, promote innovation, and ensure a level playing field between the public and private sectors. The Ministry of Defence (MoD) is also working to finalise a revised version of the Defence Acquisition Procedure (DAP) 2020 -- a docu ...Read More >
India on Sunday (September 14, 2025) unveiled a new framework to streamline, simplify and rationalise the revenue procurement process for the armed forces, with an overall focus on making available required resources without any delays. The Defence Procurement Manual (DPM) 2025 lays down the guiding principles and provisions for all revenue procurements in the Defence Ministry valued around ₹1 lakh crore for the current fiscal, an official readout said. "It will foster jointness among the thre ...Read More >
NEW DELHI: Defence Minister Rajnath Singh on Sunday approved the Defence Procurement Manual (DPM) 2025, which aims to streamline, simplify, and rationalise the revenue procurement process in the Ministry of Defence while addressing the evolving needs of the Armed Forces in modern warfare. "The new manual aims to achieve self-reliance in fulfilling the needs of the Armed Forces under Revenue Head (Operations & Sustenance Segment). It will foster jointness among the three Services and help in mai ...Read More >
New Delhi [India], September 14 (ANI): Defence Minister Rajnath Singh approved the Defence Procurement Manual (DPM) 2025 to further streamline, simplify, enable and rationalise the revenue procurement process in the Ministry of Defence and cater to the emerging requirements of the Armed Forces in the era of modern warfare. The new manual is aimed at achieving self-reliance in fulfilling the needs of the Armed Forces under Revenue Head (Operations & Sustenance Segment). It will foster jointness ...Read More >
India introduces the Defence Procurement Manual (DPM) 2025, modernizing the revenue procurement process for the armed forces. Aimed at enhancing jointness among the services, it promises timely resource availability, supports Aatmanirbharta, and aligns with updated procurement norms emphasizing technology, transparency, and fairness. In a bid to modernize its defence acquisition strategy, India has introduced the Defence Procurement Manual (DPM) 2025, which promises to streamline and simplify t ...Read More >
New Delhi, Sep 14 (PTI) India on Sunday unveiled a new framework to streamline, simplify and rationalise the revenue procurement process for the armed forces with an overall focus on making available required resources without any delays. The Defence Procurement Manual (DPM) 2025 lays down the guiding principles and provisions for all revenue procurements in the defence ministry valuing around Rs 1 lakh crore for the current fiscal, an official readout said. "It will foster jointness among the ...Read More >
New Delhi: Defence Minister Rajnath Singh has approved a new framework to streamline, simplify and rationalise the revenue procurement process for the military. The Defence Procurement Manual (DPM) 2025 also aims to foster jointness among the three services and help in maintaining the highest level of military preparedness through an expeditious decision-making process for revenue procurement, an official readout said on Sunday. "It (DPM) will ensure timely availability of requisite resources ...Read More >
Sukhu suggested that parameters such as forest cover, greening initiatives and ecological contributions must be considered in the process. The chief minister said this while Deputy Managing Director of the National Bank for Agriculture and Rural Development , Goverdhan Singh Rawat, called on him at his official residence, Oak Over, on Friday. During the meeting, the chief minister appreciated the pivotal role played by NABARD's Regional Office in strengthening coordination between the State Go ...Read More >
Shimla: Highlighting the unique challenges of hill states, chief minister Sukhvinder Singh Sukhu on Saturday called for separate norms for 11 hill states while deciding annual state-wise allocations by the National Bank for Agriculture and Rural Development (NABARD).Sukhu was interacting with NABARD deputy managing director Goverdhan Singh Rawat, who called on the chief minister at his official residence. The chief minister asked NABARD to consider ground-mounted solar projects as eligible for f ...Read More >
New Delhi: The Indian Air Force has submitted a proposal to the Ministry of Defence for the procurement of 114 "Made in India" Rafale fighter jets, officials said. The plan envisages joint production by French manufacturer Dassault Aviation and Indian aerospace firms, with around 60% indigenous components in the aircraft. Proposal Follows Rafale's Strong Showing in Operations Sources indicated that the decision was influenced by the Rafale's impressive performance during Operation Sindoor agai ...Read More >
Haryana chief minister, Nayab Singh Saini on Friday took action against irregularities observed in the tendering process of the Basai water treatment plant (WTP) project in Gurugram and directed that the chief engineer responsible for negligence in this matter be charge-sheeted, said officials aware of the matter. A state government spokesperson said that the chief minister categorically stated that rules were deliberately ignored during the tender process of this project, causing financial los ...Read More >
Gurgaon: CM Nayab Singh Saini has mandated stringent measures against irregularities found in the tendering process for the Basai water treatment plant (WTP) project. On Friday, he instructed that the GMDA chief engineer, who was responsible for the oversight, be formally charge-sheeted. The project, which is expected to be delayed by at least six months, has seen its tendering process annulled. The Basai plant part 2, planned to span 77.2 acres opposite the current Basai facility, is set to bec ...Read More >
Hyderabad (Telangana) [India], September 8: In a significant step towards strengthening Australia-India cooperation in the field of Artificial Intelligence (AI), Deakin University, Australia, and the Department of Information Technology, Electronics and Communications (ITE&C), Government of Telangana, have signed a Letter of Intent to collaborate on mission-driven AI innovation aligned with public good and digital economy goals. Deakin University, Australia, is ranked among the top 1 of univers ...Read More >
PRNewswire Hyderabad (Telangana) [India], September 8: In a significant step towards strengthening Australia-India cooperation in the field of Artificial Intelligence (AI), Deakin University, Australia, and the Department of Information Technology, Electronics and Communications (ITE&C), Government of Telangana, have signed a Letter of Intent to collaborate on mission-driven AI innovation aligned with public good and digital economy goals. Deakin University, Australia, is ranked among the top ...Read More >
Mumbai -- NTT DATA, a global leader in digital business and technology services, and Cisco today unveiled a new co-sponsored IDC InfoBrief, Wired for Intelligence: A CIO Guide to Enterprise Networking for AI. The study shares strategic guidance for organizations seeking to accelerate transformation by modernizing their network infrastructure. As organizations integrate AI into more applications, from manufacturing and healthcare to financial services, the demand for high-speed, low-latency, and ...Read More >
Mumbai, Aug 26 (PTI) The rupee depreciated 12 paise to close at 87.68 (provisional) against the US dollar on Tuesday, tracking weak domestic markets after the US issued a draft notice on plans to implement an additional 25 per cent tariff on Indian products. Forex traders said the rupee lost momentum as worries over the looming 25 per cent additional US tariff on Indian goods, set to take effect from August 27, drove strong dollar demand from importers. At the interbank foreign exchange market ...Read More >
New Delhi [India], August 14 (ANI): India is actively engaging with China to ensure uninterrupted access to rare earth materials, crucial for various industries, including electric vehicles, wind turbines and defence, a senior government official confirmed. India is negotiating with China for the procurement of permanent magnets made from rare earth minerals. The government is also exploring alternative supply channels and domestic sources to reduce dependence on China. We are also finding way ...Read More >
Mumbai: Black Box Limited, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter ended June 30, 2025. The Company delivered a resilient performance with year-over-year improvement in both operating profit and net profitability, despite the ongoing global tariff uncertainty that impacted project execution timelines. Building on the strong operational foundation laid in FY25, when the Company completed its multi-year turnaround and achie ...Read More >
New Delhi, Aug 14 (PTI) IT company Blackbox has reported an increase of 28 per cent in consolidated net profit at Rs 47 crore in the first quarter ended June 30, 2025, despite decline in revenue, the company said on Thursday. Blackbox had posted net profit of Rs 37 crore in the same period a year ago. The revenue of the company declined by 3 per cent to Rs 1,387 crore during the reported quarter, from Rs 1,423 crore in June 2024 quarter. "Revenue for the first quarter (Q1) of the financial ye ...Read More >
Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. Al ...Read More >
BHUBANESWAR: In a significant move that would resolve the problems faced by farmers during paddy procurement, the state cabinet chaired by Chief Minister Mohan Charan Majhi on Wednesday approved the proposal for establishment of 38 model mandis across all districts in the first phase. The state-of-the-art mandis will be designed to provide seamless and efficient platforms for farmers, traders and other stakeholders by integrating all essential marketing activities under one roof, with upgraded ...Read More >
Delhi news: Woman alleged she was raped by four men at a party after consuming alcohol. Four men allegedly gangraped a 24-year-old woman at a party in north Delhi's Civil Lines on Sunday night, police said on Tuesday. According to the Hindustan Times, a police officer said on Monday that the woman alleged she was raped by four men at a party after consuming alcohol. She's reportedly employed with a Gurugram-based firm. "In her complaint, she said she received a call from a male friend on Sund ...Read More >
Bhubaneswar: The Odisha government on Wednesday decided to set up 38 model mandis (agri marketing yards) in 30 districts of the State in two years with a cost of Rs 300 crore. A Cabinet meeting, chaired by Chief Minister Mohan Charan Majhi, has approved a proposal in this regard along with six others. These model mandis have been designed to provide seamless and efficient platforms for farmers, traders and other stakeholders by integrating all essential marketing activities under one roof, with ...Read More >
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