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STATE PROCUREMENT
Lessons from Op Sindoor: DAC nod to pseudo satellites, air defence systems, jet-based dronesIndia's Defence Ministry has greenlit a significant ₹52,000 crore procurement drive, bolstering the armed forces with advanced capabilities...- 500 hanger cables replaced on iconic Godavari bow string arch railway bridge in AndhraSouth Coast Railway has achieved a major feat, replacing 500 of 672 corroded hanger cables on the historic Godavari Bow String Arch Railway...
- Operation Sindoor exposed limits of Pakistan's nuclear deterrence, pushed China-style rocket force: ReportFollowing Operation Sindoor, Pakistan established the Army Rocket Force Command to bolster conventional strike capabilities, aiming to coun...
- Rs 1 lakh crore on crude imports will be saved by 2030, as 35 lakh EVs will replace petrol vehicles: SBI ReportIndia is poised for a significant electric vehicle surge, with an estimated 35 lakh petrol vehicles to be replaced by EVs between 2027-2030...
- Indonesia detains former minister and Gojek founder as suspect in graft caseMakarim, education minister between 2019 and 2024, was accused of involvement in the procurement of Google's Chromebook laptops for use at ...
- Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s whyIndian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for...
- Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
- CCI closes furniture tender case against Godrej & Boyce Mfg. Co, 15 govt entitiesThe Competition Commission of India has dismissed allegations of systemic manipulation in public furniture procurement favouring Godrej Ent...
- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
- Aster DM Quality Care begins operations after Aster DM Healthcare, Blackstone's Quality Care mergeAster DM Quality Care has officially launched following the merger of Aster DM Healthcare and Blackstone-backed Quality Care India. This in...
- NBCC awards Rs 955 crore contracts in Q1; signs MoU for AP Bhawan projectNBCC has secured new construction contracts totaling Rs 955.13 crore in the first quarter of FY27. Key projects include the Central Univers...
- Kerala to fast-track battery storage projects to tackle power crisis: Electricity Minister Sunny JosephKerala is accelerating battery energy storage projects and strengthening long-term power procurement to combat recurring electricity shorta...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- Cupid shares gain 2% as firm raises FY27 guidance, expects Q1 revenue to top Rs 150 croreCupid shares gained 2% as the company anticipates a record Q1 FY27 revenue exceeding Rs 150 crore. Buoyed by strong market visibility, Cupi...
- E20 mixing in trial phase, Centre tells SC; court orders status quo on ethanol quotaThe Supreme Court has halted the Karnataka High Court's order to increase ethanol allocations for the 2025-26 supply year, urging state-run...
- Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
- Centre extends MSP procurement deadline in UP to July 8, approves over 6.18 lakh rural housesFarmers in Uttar Pradesh will benefit from an extended wheat, gram, and lentil procurement period until July 8. Additionally, over 6.18 lak...
- From export bans to price crashes: Why onion farmers need more than buffer stock purchasesRecent hikes in procurement price have provided little relief, according to stakeholders, as onion farmers argue that prices are still belo...
- Karnataka HC directs OMCs to honour ethanol offtake pactState-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...
- Amit Shah directs Nafed, NCCF to bypass middlemen, buy pulses and oilseeds directly from farmersUnion Minister Amit Shah has directed Nafed and NCCF to procure pulses and oilseeds directly from farmers, aiming to cut out middlemen and ...
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