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GOVERNMENT PROCUREMENT INDIA
India-Israel investment pact comes into effectIndia and Israel's new investment pact is now active, aiming to boost trade beyond $1 billion by offering quicker dispute resolution and en...- Govt raises onion procurement price by 13% as buffer stock buying strugglesGovernment hikes onion procurement price by 13% to Rs 2,125/quintal, effective July 4, 2026, to boost buffer stock purchases amid a slow st...
- 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...
- 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...
- Buffer stocks, imports to keep pulse prices steadyPulse prices are set to remain steady until December, defying concerns over delayed sowing and rainfall. Ample government reserves, coupled...
- From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
- 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...
- Zepto’s ops structure sparks regulatory fear ahead of IPOUnlike Blinkit's inventory-led model or Swiggy-owned Instamart's marketplace structure, Zepto combines wholesale operations with a marketpl...
- Operation Amistad: India reiterates commitment to stand by earthquake-hit VenezuelaIndia has reaffirmed its commitment to Venezuela through Operation Amistad, offering support following devastating twin earthquakes. While ...
- Govt to upgrade rice quality for public distributionIn a significant move to enhance food security, the government has decided to improve the quality of rice distributed to over 80 crore citi...
- 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...
- Digital India to power India's growth story with AI, chips and DPI: MeitYIndia is poised for a digital leap, with AI, semiconductors, and indigenous manufacturing set to drive economic growth. Building on a decad...
- India's coordinated, concerted effort shielded citizens during Hormuz energy disruption, says Amitabh KantIndia navigated a severe global energy crisis with remarkable success, ensuring normal life for its citizens. This achievement, according t...
- Entrepreneurship and innovation: Scaling India's strategic technology ecosystemIndia's pursuit of technological self-reliance is gathering pace as sovereign capabilities in defence, space, semiconductors, and secure co...
- India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
- Supplier gaps, invoice compliance, credit access continue to hit 5 in 10 MSMEs: SurveyMSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments.
- 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...
- Exporters urge govt not to impose curbs on onionsIndian onion exporters are urging the government against imposing export curbs, citing a surge in wholesale prices at Lasalgaon market. Del...
- 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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