Business

REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and one of India’s leading NBFCs, has been honored with the Indian Chamber of Commerce (ICC) Green Urja and Energy Efficiency Award. REC received the Gold Award under the category “Excellence Award for Financial Institutions in Green Energy and Energy Efficiency.” The award was received on behalf of REC by Sh. Kuldeep Rai, Executive Director (Renewables) and Sh. Arun Kumar Chaturvedi, HoD (Renewables) during the 14th Green Energy Summit…

The Ministry of Power today announced the release of Version 0.3 of the India Energy Stack (IES) Architecture and Strategy documents, marking another step in the development of a digital public infrastructure for India’s power sector. The India Energy Stack aims to create a common digital framework that helps different stakeholders — including utilities, system operators, market participants, innovators, and consumers — securely exchange data and interact using shared standards and protocols. This approach is intended to improve coordination, transparency,…

February 2026: The Reserve Bank has released the results of January 2026 round of its bi-monthly urban consumer confidence survey (UCCS). The survey collects current perceptions (vis-à-vis a year ago) and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending. The latest round of the survey was conducted during 02nd January to 11th January 2026, covering 5,933 respondents across 19 major cities. Highlights: i. Consumer confidence for the current period…

Support for Innovation, Deep Tech and Cooperative-Led Enterprises Strengthened Revised Startup Framework Raises Turnover Eligibility Limit to ₹200 Crore For Deep Tech Startups, age limit increased to 20 years and turnover limit increased to ₹300 crore The Government has revised the startup recognition framework to further strengthen the Startup India Action Plan and advance the Prime Minister’s vision of positioning India as a global innovation powerhouse, a manufacturing-led economy, and a hub for emerging technologies. As Startup India enters its…

“Bharat Next” is the theme of the 12th edition of the mega event of plastic industries PLASTINDIA 2026, one of the world’s largest plastics exhibitions, commenced today at Bharat Mandapam, New Delhi. The 12th edition of the triennial event is being held from 5 to 10 February 2026 with the support of the Department of Chemicals and Petrochemicals (DCPC), Ministry of chemicals and fertilizers. Organised under the theme “Bharat Next”, PLASTINDIA 2026 aligns with the Hon’ble Prime Minister’s vision of Atmanirbhar Bharat and Viksit Bharat, providing a…

The Terms of Reference (ToR) for the India-GCC Free Trade Agreement (FTA) were signed between Shri Ajay Bhadoo, Additional Secretary and Chief Negotiator, Department of Commerce and Dr. Raja Al Marzouqi, Chief Negotiator, Secretariat General of the Gulf Cooperation Council, on 5 February 2026 at Vanijya Bhawan, New Delhi. The signing took place in the presence of Union Minister of Commerce and Industry Shri Piyush Goyal, Union Minister of State for Commerce and Industry Shri Jitin Prasada, and Commerce Secretary…

Q3/9M’26 Results “On PFC’s performance, Director(Finance), Mr. Sandeep Kumar shared that we have delivered another strong quarter, marked by healthy 15% Y-o-Y increase in PAT in Q3, delivering a profit of Rs.4,763 cr. With the resolution of TRN Energy, our net credit impaired asset has reached its new low level at 0.26%, highlighting the continued improvement in our asset quality. Our net worth has crossed Rs 1 lakh crore mark, further strengthening our capital position.” “On PFC’s performance, Chairman and…

Mumbai, Feb 2026 : Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Wednesday said the India–US trade deal is expected to significantly reduce trade-related uncertainties, bring greater economic stability, and create a more conducive environment for higher investment inflows into the country. Speaking on the sidelines of the launch of an outreach programme on corporate bonds, Pandey noted that clarity in trade relations and the removal of regulatory overhangs play a crucial role in improving investor…

Feb 2026 : Airbus today inaugurated a Centre of Excellence (CoE) for aerospace studies at the Gati Shakti Vishwavidyalaya (GSV), India’s unique industry-driven central university for the transportation and logistics sector, based in Vadodara, Gujarat.  The Centre marks a significant milestone in the long-term collaboration between Airbus and GSV to strengthen India’s aerospace ecosystem through organic research, innovation and talent development. A key focus area of the CoE would be R&D into Sustainable Aviation Fuel and supporting student-led innovations in…

Feb 2026 : NMDC, India’s largest iron ore producer, delivered a stellar performance, registering robust growth across volumes and financials in 9 months of FY26. The Responsible Miner reported its best-ever January production and sales, reinforcing its operational momentum. The company produced 5.56 Million Ton (MT) of iron ore and sold 4.79 MT, reflecting a strong year-on-year growth of 9% in production and 7% in sales over the corresponding period last year. The company’s cumulative performance up to January 2026…