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New Delhi, April 4: The Steel Authority of India Limited (SAIL) has played a pivotal role in the construction of 'INS Taragiri' -- the fourth stealth frigate under Project 17A -- which was commissioned into the Indian Navy recently, the Maharatna PSU said on Saturday. The 6,670-tonne frigate was commissioned in the presence of Defence Minister Rajnath Singh at Visakhapatnam. Designed by the Navy's Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited, the vessel is equipped for ...Read More >
Chennai (Tamil Nadu) [India], April 4 (ANI): Union Commerce and Industry Minister and BJP Tamil Nadu election in-charge Piyush Goyal on Saturday launched a sharp attack on the DMK government, questioning Chief Minister MK Stalin over the state's rising debt and alleged financial mismanagement, while also accusing the party of promoting family rule, as he released a white paper titled 'Tamil Nadu Government Financial Crisis', along with Tamil Nadu BJP President and BJP candidate from Sattur assem ...Read More >
New Delhi [India], April 4 (ANI): The Ministry of Petroleum and Natural Gas on Friday said the government is making all efforts to ensure availability of Petrol, Diesel and LPG, and citizens are advised to avoid panic purchase of Petrol and Diesel as well as unnecessary booking of LPG. The Ministry said necessary measures are being undertaken to ensure the uninterrupted availability of petroleum products and LPG across the country, in view of the ongoing closure of the Strait of Hormuz. Also R ...Read More >
New Delhi [India], April 4 (ANI): The Ministry of Petroleum and Natural Gas on Friday said the government is making all efforts to ensure availability of Petrol, Diesel and LPG, and citizens are advised to avoid panic purchase of Petrol and Diesel as well as unnecessary booking of LPG. The Ministry said necessary measures are being undertaken to ensure the uninterrupted availability of petroleum products and LPG across the country, in view of the ongoing closure of the Strait of Hormuz. Accord ...Read More >
Raichur (Karnataka) [India], April 4 (ANI): Thousands of autorickshaw drivers in Raichur and surrounding districts have been forced into gruelling, hours-long wait times at refuelling stations this week as rumours of a severe LPG shortage sweep through Northern Karnataka. The panic, largely fueled by the closure of several private outlets and global supply chain disruptions linked to the ongoing West Asia crisis, has seen "serpentine" queues stretching past city landmarks. Also Read | Nagaland ...Read More >
Raichur (Karnataka) [India], April 4 (ANI): Thousands of autorickshaw drivers in Raichur and surrounding districts have been forced into gruelling, hours-long wait times at refuelling stations this week as rumours of a severe LPG shortage sweep through Northern Karnataka. The panic, largely fueled by the closure of several private outlets and global supply chain disruptions linked to the ongoing West Asia crisis, has seen "serpentine" queues stretching past city landmarks. While the state gove ...Read More >
The defence ministry described defence exports in 2025-26 as a "landmark milestone". ShowQuick Read Summary is AI-generated, newsroom-reviewed * India's defence exports reached a record Rs 38,424 crore in FY 2025-26, a 62.66% increase * Defence public sector units contributed 54.84% while private industry contributed 45.16% * Exports have nearly tripled in value over the past five years, showing global acceptance Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Ind ...Read More >
New Delhi: India will become the logistics powerhouse globally by 2030, said Union Minister of Communications Jyotiraditya Scindia on Thursday. Scindia said India Post will have a central role in this journey, estimating that the public sector body's revenue will grow by 18-20% in FY27, from nearly ₹13,000 crore in FY26. Also Read: Executives meet Jyotiraditya Scindia as Starlink awaits India nod "We are moving now towards becoming a logistics powerhouse, not only of India, but hopefully by ...Read More >
NALCO reported record production and sales in FY26, with strong growth in alumina output and sales, alongside steady aluminium volumes, marking its best-ever operational performance.National Aluminium Company Limited (NALCO) reported its highest-ever operational performance for FY26, with record production and sales across key segments, according to an exchange filing. The Navratna CPSE under the Ministry of Mines achieved strong output across its integrated operations. Bauxite excavation stood ...Read More >
BHUBANESWAR: Navratna CPSE National Aluminium Company Limited (Nalco) has achieved its highest-ever production across multiple operational fronts and surpassing previous records in both production and sales in 2025-26 fiscal. The company recorded bauxite excavation of 77.01 lakh tonne and bauxite transportation of 77.07 lakh tonne, while alumina hydrate production reached 23 lakh tonne and calcined alumina production stood at 22.75 lakh tonne in the year. Cast metal production was recorded at 4 ...Read More >
Hyderabad/New Delhi: Vamsi Rama Mohan Burra has assumed charge as Chairman and Managing Director of Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSU under the Ministry of Power. He previously served as Director (Projects) in the organisation. An engineering graduate with advanced qualifications in project management and management studies, he has also undergone leadership programmes at Indian School of Business and MDI, Gurugram. A member of POWERGRID's first batch of execu ...Read More >
New Delhi: In line with PM Modi's vision to position India among the world's top defence exporters, the country's military exports have touched an all-time high of Rs 38,424 crore in the financial year (FY) 2025-26, marking a sharp 62.7 per cent rise over the previous fiscal year's figure of Rs 23,622 crore.Lauding the exemplary performance of the department of defence production, Indian exporters and other stakeholders, defence minister Rajnath Singh said India is scripting an impressive defenc ...Read More >
Bengaluru, Apr 2 (PTI) IndianOil on Thursday said it has significantly scaled up its Auto LPG supplies across Karnataka in response to a sharp surge in demand, particularly following the closure or partial shutdown of several private Auto LPG outlets in Bengaluru and other parts of the state. The PSU major said it is currently meeting the fuel requirements of auto rickshaws and LPG-driven cars through its network of 55 Auto LPG Dispensing Stations (ALDS) spread across Karnataka, even as a subst ...Read More >
New Delhi: India's defence exports rose to a record Rs 38,424 crore in 2025-26, marking a 62.66 per cent increase over the previous year's Rs 23,622 crore, according to official data. The growth represents an increase of Rs 14,802 crore year-on-year and nearly a threefold rise over the past five years, indicating expanding global demand for Indian defence products. Defence Public Sector Undertakings accounted for 54.84 per cent of exports, contributing Rs 21,071 crore, while the private sector ...Read More >
New Delhi, Apr 2 (PTI) State-run iron ore producer NMDC has reported a record production of 53 million tonnes (MT) of ore in the just-concluded 2025-26. The company's total sales of iron ore, a key raw material for steel manufacturing, reached 50.23 MT. The company's production was 21 per cent higher compared to 44.07 MT in FY25, while sales grew 13 per cent from 44.40 MT in 2024-25. The PSU produced 5.35 million tonnes (MT) and sold 5.90 MT of iron ore in March. "NMDC...has achieved a histo ...Read More >
New Delhi, Apr 2 (PTI) Nearly two and a half years after acquiring a minority stake in Axiom Ayurveda, home-grown FMCG major Emami on Thursday said it will acquire the remaining 73.5 per cent stake in the maker of 'AloFrut' juice in a deal estimated to be around Rs 200 crore. Emami has "has executed a definitive agreement on April 1, 2026, to acquire the remaining 73.5 per cent stake in Axiom Ayurveda," the Kolkata-headquartered firm said in a regulatory filing. This acquisition is "subject to ...Read More >
New Delhi: Power Finance Corporation (PFC), the state-owned Maharatna power sector lender, announced a significant change to its Board of Directors following the resignation of Shri Bhaskar Bhattacharya from his position as an Independent Director. In a regulatory filing submitted to the BSE and NSE on April 2, 2026, the company revealed that Bhattacharya tendered his resignation via email on April 1, 2026. The move comes as a strategic step for the director, who is transitioning from corporate ...Read More >
New Delhi, Apr 2 (PTI) Minister of Communications Jyotiraditya Scindia on Thursday issued a one-week deadline to the Department of Posts for integrating its pension services with the telecom department's 'SAMPANN' portal. Speaking at an event in the national capital, Scindia directed top officials from both departments to end ongoing discussions and finalise the integration immediately. "Why is it that the postal department is not using the Sampann portal? I want (officials) to meet straight a ...Read More >
New Delhi, April 2: Defence Minister Rajnath Singh on Thursday said under the leadership of Prime Minister Narendra Modi, India has achieved a historic milestone in defence exports, reaching an all-time high of ₹38,424 crore in the fiscal year 2025-26, marking a significant 62.66% growth over the previous year. In a post on X, Singh said that this jump from the previous year reflects global trust in India's indigenous capabilities and advanced manufacturing strength. "Under the inspiring leader ...Read More >
NEW DELHI: In a significant development, defence exports surged to an all-time high of Rs 38, 424 crore in the financial year 2025-26, marking a 62.66 per cent rise from previous fiscal's Rs 23, 622 crore exports figures, the government said on Thursday. Defence Public Sector Undertakings (DPSUs) and the private sector contributed 54.84 per cent and 45.16 per cent, respectively. This accomplishment of the Indian defence industry is in line with the Prime Minister Narendra Modi's vision to posi ...Read More >
New Delhi: Defence Minister Rajnath Singh on Thursday said that under Prime Minister Narendra Modi's leadership, India has achieved a historic milestone in defence exports, reaching an all-time high of ₹38,424 crore in FY 2025-26. This marks a significant growth of 62.66% over the previous fiscal year. In a post on X, Singh said the sharp rise reflects growing global trust in India's indigenous capabilities and advanced manufacturing strength. He noted that the increase of ₹14,802 crore highlig ...Read More >
New Delhi [India], April 2 (ANI): Defence Minister Rajnath Singh on Thursday said under the leadership of Prime Minister Narendra Modi, India has achieved a historic milestone in defence exports, reaching an all-time high of ₹38,424 crore in the fiscal year 2025-26, marking a significant 62.66% growth over the previous year. In a post on X, Singh said that this jump from the previous year reflects global trust in India's indigenous capabilities and advanced manufacturing strength. "Under the i ...Read More >
NEW DELHI: The defence ministry on Tuesday signed a ₹1,950-crore deal with Bharat Electronics Limited (BEL) to equip the Indian Air Force with two mountain radars, associated equipment and the required infrastructure, strengthening the country's air defences. The contract is the last capital acquisition contract of financial year 2025-26. This radar is indigenously designed and developed by DRDO's Electronics and Radar Development Establishment and will be manufactured by BEL. "The installati ...Read More >
NEW DELHI: The defence ministry has inked a major capital acquisition contract with PSU Bharat Electronics Limited (BEL) for the procurement of two mountain radars, including associated equipment and infrastructure, for the Indian Air Force, at a cost of around Rs 1,950 crore.The installation and commissioning of these radars will boost the country's air defence and strengthen national security. The procurement will also reduce the dependency on foreign equipment.The radars are indigenously desi ...Read More >
Hyderabad: A strike called by autorickshaw drivers due to the liquefied petroleum gas (LPG) shortage at an Indian Oil petrol pump near Sagar Highway in LB Nagar brought traffic to a standstill on Wednesday, April 1. Police quickly intervened and cleared out the traffic in 15 minutes, LB Nagar Traffic Police told Siasat.com. Even though the situation did not escalate this time, autorickshaw drivers have been struggling due to the fuel crunch triggered by US-Israel strikes on Iran since mid-Marc ...Read More >
Hyderabad, Apr 1 (PTI) Telangana Civil Supplies Department Commissioner M Stephen Raveendra on Wednesday directed private auto LPG marketing companies to immediately source and import LPG from all available channels in view of shortage faced by LPG autorickshaws in the state, especially in Hyderabad. While domestic LPG supply is successfully being maintained, the auto LPG segment has been experiencing 35 per cent drop in supply, an official release said. The Commissioner convened a meeting her ...Read More >
New Delhi [India], April 1 (ANI): Union Minister G Kishan Reddy on Wednesday said that coal gasification can help India reduce imports of petrochemicals, crude oil and fertilisers, as the government pushes to scale up the sector through incentives and new investments. "We are importing petrochemicals, crude oil and fertiliser. All these things we can substitute through coal gasification projects," Reddy told reporters on the sidelines of a land leasing agreement for the Coal Gasification projec ...Read More >
NEW DELHI: Strengthening India's indigenous defence capabilities under the govt's Aatmanirbhar Bharat initiative, the defence ministry has inked a major capital acquisition contract with defence PSU Bharat Electronics Limited (BEL) for the procurement of two mountain radars, including associated equipment and infrastructure, for the Indian Air Force, at a cost of around Rs 1,950 crore.The installation and commissioning of these radars will boost the country's air defence and strengthen national ...Read More >
India's Comptroller and Auditor General (CAG) has called out the state-run Odisha Mining Corporation (OMC) for serious compliance problems. According to the CAG, OMC now owes Rs 1,328.37 crore in penalties after going over production limits. The details came from a report on state public sector undertakings, presented in the Odisha Assembly. The violations happened in 2018-19 at two sites: Kodingamali bauxite mine and Sukrangi chromite mine. Most of the penalty is tied to Kodingamali. Here, OMC ...Read More >
Bilaspur (Chhattisgarh) [India], April 1 (ANI): South Eastern Coalfields Limited (SECL) has achieved a significant milestone in FY 2025-26, emerging as the only subsidiary of Coal India Limited to register positive growth across all three key performance parameters--coal production, offtake and overburden removal (OBR). SECL recorded coal production of 176.2 million tonnes, reflecting a growth of 5.26% (8.8 MT) over the previous year. Coal offtake stood at 178.6 million tonnes, registering a gr ...Read More >
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