PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...
29 Jun, 2026, 12.01 PM IST
PFC-REC merger approved! Here's what will happen to your existing shares after mega mergerPFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...
29 Jun, 2026, 08.37 AM IST
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
28 Jun, 2026, 11.42 AM IST
State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
25 Jun, 2026, 06.34 PM IST
SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
25 Jun, 2026, 12.03 PM IST
Finance ministry, NFRA officials brief Par panel on corporate laws amendment billParliament's joint committee received briefings on the Corporate Laws (Amendment) Bill, 2026, from Finance Ministry officials and the Natio...
24 Jun, 2026, 05.06 PM IST
Tourism sector can create 100 million more jobs by 2047: FAITHIndia's tourism sector is set for a massive job surge, potentially creating 100 million direct jobs by 2047. Industry leaders emphasize the...
24 Jun, 2026, 01.21 AM IST
Eastern India remained backward during Congress rule, now emerging as gateway to development: PMPrime Minister Narendra Modi declared eastern India, once neglected under Congress, is now a hub of progress. Addressing a Rairangpur gathe...
20 Jun, 2026, 03.50 PM IST
Northeast India poised to be next growth engine via sustainable agriculture and organic produce: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted Northeast India's potential as a growth engine, emphasizing sustainable agriculture a...
20 Jun, 2026, 10.16 AM IST
Seven-fold rise in funds under externally aided projects in northeast under Modi government: Nirmala SitharamanChairing a conference on "Leveraging externally aided projects in the northeastern states" here, she said that assistance under the externa...
19 Jun, 2026, 08.34 PM IST
Assam seeks enhanced access to EAPs to sustain Northeast’s growth momentum: CM Himanta Biswa SarmaAssam Chief Minister Himanta Biswa Sarma highlighted the significant role of Externally Aided Projects (EAPs) in the North East's developme...
19 Jun, 2026, 07.59 PM IST
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
19 Jun, 2026, 06.59 PM IST
With sustainable agriculture, Northeast has potential to become India's next growth engine: SitharamanMeghalaya's organic produce can drive India's growth. Union Finance Minister Nirmala Sitharaman inaugurated a large organic spice plant. Sh...
19 Jun, 2026, 01.46 PM IST
India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
16 Jun, 2026, 05.30 AM IST
Nilesh Shah bats for minimum qualifying criteria for F&O trading after Maharashtra man kills family, self over Rs 1.8 cr lossFollowing a tragic incident in Maharashtra linked to stock market losses, Kotak AMC's Nilesh Shah called for mandatory qualification criter...
15 Jun, 2026, 01.51 PM IST
FM Nirmala Sitharaman calls Karnataka's stand on Jan Aushadhi Kendras as Congress pettiness, rejects tax devolution chargeThe Jan Aushadhi scheme had made medicines up to 60% cheaper and helped families save nearly Rs 40,000 crore across the country, Sitharaman...
14 Jun, 2026, 07.38 PM IST
3+ cr women-led enterprises registered under Udyam Portal powering growth: FM Nirmala SitharamanWomen are becoming India's growth engine with over 3 crore women-led enterprises registered under Udyam Portal, said FM Nirmala Sitharaman ...
12 Jun, 2026, 02.58 PM IST