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GOVERNMENT PROCUREMENT CONTRACTS
Finance ministry asks ministries to move from WPI to PPI in future contractsThe finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI...- In 1962, Egypt fired rockets over the desert and celebrated its entry into the missile age. Then Heinz Krug, a German rocket scientist at the heart of the program, disappeared without a trace, leaving behind one of the Cold War's strangest unresolved Middle Eastern mysteriesEgypt publicly displayed its new missile capability in 1962 after a secret program. This initiative involved former German rocket scientist...
- MoD signs Rs 1,577 crore contracts for Loiter Munition Systems for Indian ArmyThe Ministry of Defence has finalised contracts worth Rs 1,577 crore for Loiter Munition Systems, which will enhance the artillery capabili...
- Green energy federation asks govt to extend CBG blending rule to industrial consumersThe Indian Federation of Green Energy wants to expand compressed biogas blending obligations. This move aims to include large industrial ga...
- ISM 2.0 will offer 30% capital subsidy, five-year PLI for chip ecosystemThe PLI will be set at 10% of the domestic bill of materials (BoM) value in the first year, staggered to 8%, 6%, 4% and 2% over the next fo...
- US asks Pakistan to subject military, intelligence budgets to public oversightThe United States has urged Pakistan to improve fiscal transparency measures. Pakistan must subject military and intelligence budgets to pu...
- Acme Solar plans to spend up to Rs 20k crore on capex: CEOACME Solar Holdings plans to invest ₹15,000-20,000 crore to expand its renewable energy business, with battery storage as a key focus. The ...
- Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
- France submits final Rafale proposal as India moves closer to Rs 3.25 lakh crore dealFrance has presented both technical and commercial proposals regarding India's acquisition of Rafale jets. This initiative significantly pr...
- France submits proposal for 114 Rafale fighter jet deal with India, offers large-scale local manufacturingFrance submitted its technical and commercial proposal for 114 Rafale fighter jets. Ninety-four aircraft will be manufactured in India with...
- Reconfigured tax laws to help activate investments, boost manufacturing & foreign capitalThe government is set to introduce the Taxation and Other Laws (Amendment) Bill, 2026, extending tax incentives for electronics manufacturi...
- NTA floats Rs 7.5 cr security tender to tighten exam safeguards after NEET paper leakThe National Testing Agency is enhancing its security infrastructure with a tender valued at Rs 7.5 crore. This initiative aims to strength...
- Defence stocks rally on strong order books and rising exports: Are they still worth buying?Order books, exports and government spending driving the sector, but valuations are no longer cheap. Nuvama argues that the industry is now...
- Juniper Green Energy IPO Day 3: GMP at 1%; Check subscription and key details. Should you apply or skip?Juniper Green Energy IPO GMP today: The Rs 1,800-crore Juniper Green Energy IPO closes for subscription today with a subdued grey market pr...
- Life after Orban: Hungary Inc. digs in as new political era takes holdHungarian business magnates are shifting operations to smaller projects. This change follows a new government's move to end alleged cronyis...
- Juniper Green Energy IPO Day 2: Issue subscribed over 40% so far, GMP slips. Should investors subscribe or stay away?Juniper Green Energy’s Rs 1,800 crore IPO received a muted response on the second day of bidding. The IPO’s grey market premium has also de...
- Juniper Green Energy IPO Day 2: GMP at 4%; Check subscription status and key details. Should you apply or skip?The Rs 1,800-crore Juniper Green Energy IPO entered Day 2 of bidding with a grey market premium of 3.56%. Subscribed 36% on Day 1, the issu...
- Govt approves RBI's trials of ₹10, ₹20 polymer notes; no plan to replace paper currencyThe government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee pol...
- Juniper Green Energy IPO opens for subscription today; GMP at 8%. Should you subscribe?The IPO is a fresh issue of 8 crore equity shares, with no offer-for-sale component. The company has fixed the price band at Rs 214 to Rs 2...
- US strikes $58.6 billion Patriot missile deal amid rising stockpile concernsThe US Army awarded Lockheed Martin a significant contract for Patriot interceptor missiles. This deal aims to bolster depleted weapons sto...
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