RAJASTHAN, 28 MAY: Oil India Limited, the Maharatna CPSE of Govt of India, in its commitment towards energy transition and diversifying the business portfolio have successfully bagged a critical and strategic mineral block under the 5th tranche of auction conducted by the Ministry of Mines, Govt. of India. Oil India Limited (OIL) has been declared…
New Delhi : Hero FinCorp, the non-banking financial arm of two-wheeler giant Hero MotoCorp, has received the much-anticipated green light from the Securities and Exchange Board of India (SEBI) to proceed with its ₹3,668 crore Initial Public Offering (IPO). This approval, disclosed in SEBI’s update on Wednesday, signals a major milestone in Hero FinCorp’s strategic…
New Delhi : A day after a volatile trading session, Indian benchmark indices Sensex and Nifty opened on a muted note on Wednesday, despite positive cues from the U.S. market and a weakening U.S. dollar. The cautious start suggests that traders are treading carefully, awaiting fresh domestic and global triggers for directional clarity. At the…
May 28, 2025 : In a significant relief for taxpayers across the country, the Income Tax Department has officially extended the deadline for filing Income Tax Returns (ITR) for the financial year 2024–25 to September 30, 2025. The extension, announced by the Central Board of Direct Taxes (CBDT), comes amid ongoing updates to the new…
New Delhi : India witnessed a robust 14 per cent surge in foreign direct investment (FDI) inflows during the financial year 2024–25, receiving a total of $81.04 billion, up from $71.28 billion in 2023–24. This strong growth underscores global investor confidence in India’s economic resilience and policy reforms, according to a statement issued by the…
Gujarat, 27 May: Indian Railways has taken a major leap in freight mobility with the dedication of the Loco Manufacturing Shop at the Rolling Stock Workshop in Dahod, Gujarat by Hon’ble Prime Minister Shri Narendra Modi. This moment marked a pivotal milestone in the ongoing transformation of freight transport. The facility, designed to produce 1,200…
New Delhi : NSE Nifty Defence index emerged as the lone gainer on Monday, offering a glimmer of strength amid overall market weakness. The sectoral index bucked the broader trend, with Hindustan Aeronautics Ltd. (HAL) leading the rally, supported by optimism surrounding India’s growing focus on defence indigenisation and export orders. Hindustan Aeronautics Ltd. (HAL)…
NEW DELHI, 27 MAY: The Government of India has announced the restoration of benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exports made by Advance Authorization (AA) holders, Export-Oriented Units (EOUs), and units operating in Special Economic Zones (SEZs). The benefits will be applicable for all eligible exports made…
NEW DELHI, 26 MAY: A high-level review meeting of the Project Monitoring Group (PMG) was held on Tuesday to address key issues impacting mega infrastructure projects in Andhra Pradesh and Tamil Nadu. The deliberations focused on resolving critical inter-ministerial and inter-governmental bottlenecks through coordinated efforts, with the aim of accelerating project implementation across both states.…
NEW DELHI, 26 MAY: India participated in the 9th BRICS Industry Ministers’ Meeting held under the Chairship of Brazil on 21st May 2025 at the Itamaraty Palace, Brasília – Federal District. The overarching theme of the meeting was “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”. The meeting witnessed the presence of Industry…