Business

Sept 2025 : In a significant step towards strengthening India’s self-reliance in critical and strategic mineral sourcing, Oil India Limited and Hindustan Copper Limited (HCL) have signed a Memorandum of Understanding (MoU) on September 19, 2025, to co-operate and collaborate for exploration and development of critical and strategic minerals including Copper and associated minerals. Hindustan Copper Limited, a Miniratna PSU under the Ministry of Mines, is engaged in mining, production, processing, and marketing of copper and related products. The company…

Sept 2025 : India, the world’s largest cultivator and producer of pulses, plays a dominant role in global supply. The country accounts for 38% of the global cultivated area and 28% of output. Between 2018 and 2022, India cultivated an average of 33.46 million hectares of pulses and produced 24.76 million tons. Despite this scale, India’s productivity remains among the lowest in the world. The country’s average yield stood at 0.740 t/ha, compared to the global average of 0.969 t/ha.…

One-time, One-way Switch facility from UPS to NPS made available to the Central Government Employees under specific conditions Sept 2025 : The Ministry of Finance, Government of India, had notified the Unified Pension Scheme (UPS) for eligible Central Government employees vide Notification No. F. No. FX-1/3/2024-PR dated 24.01.2025. The Department of Financial Services (DFS) underlines that the last date for eligible employees and past retirees under NPS to opt for UPS is September 30, 2025. All eligible employees are urged to…

Sept 2025 : MOIL marked a significant milestone in manganese ore exports from India with the dispatch of its first shipment of 54,600 tonnes of manganese ore fines from Visakhapatnam to Indonesia as a State Trading Enterprise(STE). The Government of India has appointed MOIL as a STE for export of Manganese ore below 46% Mn grade from India. MOIL had put in place a mechanism in FY’24-25 for export of Mn ore as per the Trade Policy, through which any…

Sept 2025 : A tanker under Western sanctions has discharged Russian crude oil at India’s Mundra port, even though the Adani Group recently barred entry of blacklisted vessels at all its terminals. Ship tracking data from LSEG and Kpler showed that the Suezmax tanker Spartan offloaded around 1 million barrels of Urals crude oil at the Hindustan Petroleum-Mittal Energy Ltd (HMEL) terminal in Mundra. The Spartan, which previously operated under the name SCF Samotlor, is on the sanctions list of…

Delhi, Sept 2025 : State Bank of India (SBI), under its Corporate Social Responsibility (CSR) initiative, has donated a school bus to the National Institute of Sowa-Rigpa (NISR), Leh. The vehicle was formally handed over to Dr. Padma Gurmet, Director, NISR by Shri Krishan Sharma, Chief General Manager, Chandigarh Circle, SBI in Leh today. The handing over ceremony was attended by Shri Jayant Mani, Deputy General Manager, Business & Operations, J&K Zone, Shri Anil Tondon, Chief Manager, SBI Leh Branch,…

Delhi, Sept 2025 : The Department of Posts (DoP), under the Ministry of Communications, Government of India, and Bharat Sanchar Nigam Limited (BSNL) have signed a Memorandum of Understanding (MoU) on September 17, 2025, in New Delhi to expand BSNL’s mobile connectivity reach across India. The MoU was formally signed by Ms. Manisha Bansal Badal, General Manager (Citizen Centric Services & RB), on behalf of Department of Posts and Shri. Deepak Garg, Principal General Manager (Sales and Marketing-Consumer Mobility), BSNL.…

Mega Conclave organised to commemorate the two years of PM Vishwakarma scheme; Exhibition organised to showcase and sell products made by artisans and craftspeople Through various schemes and initiatives, significant progress has been achieved, including in Bihar’s MSME sector : Union MSME Minister Ministry of MSME signs MoUs with National Institute of Design Ahmedabad (NID) and Institute of Rural Management Anand (IRMA) to strengthen the implementation of the PM Vishwakarma Scheme More than 2,500 beneficiaries of the PM Vishwakarma Scheme,…

Rooftop Solar under PM Surya Ghar: Muft Bijli Yojana to Become Cheaper by ₹9,000–10,500 per 3 kW System Farmers under PM-KUSUM to Save ₹1,750 Crore on 10 Lakh Solar Pumps with GST Cut Lower GST to Cut Module and Component Costs by 3–4%, Boosting RE Equipment Manufacturing GST Reform to Power 5–7 Lakh Green Jobs in Renewable Energy Sector over the Next Decade In line with the vision of Hon’ble Prime Minister Shri Narendra Modi to make GST a truly…

“This 240-Volt Electric Motorcycle project strengthens India’s capabilities in indigenous EV technologies” — Secretary, TDB” Delhi, Sept 2025 : The Technology Development Board (TDB), Department of Science & Technology, has extended support for the development and commercialization of a 240-volt electric motorcycle platform—a first-of-its-kind technology in the Indian two-wheeler segment. The supported project is being undertaken by M/s Raptee Energy Pvt. Ltd., Chennai. The innovation brings the advanced benefits of high-voltage technology, already proven in the electric car segment, to electric two-wheelers.…