Business

BSNL Achieves 93% Revenue Run Rate in Q2 Union Minister Scindia Calls for Daily Performance Monitoring and Cost Discipline Sets Seven-Point Roadmap for Circles to Elevate Efficiency and Growth Scindia Calls for a “Culture of Execution” and Uncompromising Focus on Quality of Service At BSNL’s Q2 Strategic Review, Minister Scindia Urges Focus on Quality of Service, Efficiency and New Revenue Streams Union Minister of Communications and Development of North Eastern Region, Shri Jyotiraditya M. Scindia, chaired the Quarter 2 (2025–26)…

The Union Minister of Commerce and Industry, Shri Piyush Goyal, chaired a meeting with Export Promotion Councils (EPCs) and Industry Associations at Vanijya Bhawan, New Delhi on 29 October 2025. The meeting witnessed participation from representatives of the Department of Commerce, Department of Revenue, Department for Promotion of Industry and Internal Trade (DPIIT), Export Promotion Councils, and various Industry Associations. During the session, the Directorate General of Foreign Trade (DGFT) and the Department of Commerce made detailed presentations on the…

The state owned Maharatna, Steel Authority of India Limited (SAIL) today announced its financial results for the half year ended 30th September 2025 (H1 FY’26), showcasing resilient operational performance and improved profitability. Key highlights: Performance of H1 FY 26 (Standalone) at a glance:   Unit H1 24-25 H1 25-26 Crude Steel Production Million Tonne 9.46 9.50 Sales Volume Million Tonne 8.11 9.46 Revenue from Operations Rs. Crore 48,672 52,625 Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) Rs. Crore 5,593 5,754…

Mumbai, Oct 2025: REC Limited and Sagarmala Finance Corporation Limited (SMFCL), have signed a Memorandum of Understanding (MoU) today at the India Maritime Week 2025 in Mumbai. The MoU was formally signed between Smt. Saraswathi, ED (Infrastructure and Logistics), REC Limited, and Shri A. C. Nayak, Director (Finance), joined by Shri S. T. Selvam, Director (Projects), Sagarmala Finance Corporation Limited during the exchange of the MoU. The purpose of this MoU is to explore collaboration and joint financing opportunities in the…

India Targets USD 500 Billion Electronics Output by 2030 India’s Electronics Exports Surge 41.9% to USD 22.2 Billion During April–September 2025; Smartphone Exports Up 58% India Becomes World’s 3rd Largest Smartphone Exporter Union Minister of Commerce and Industry Shri Piyush Goyal was the Chief Guest at the 4th Annual General Meeting (AGM) of the Mobile and Electronic Devices Export Promotion Council (MEDEPC) held today at Vanijya Bhawan, New Delhi.The meeting was convened in the presence of senior officials from the…

Addressed by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India, on October 29, 2025, which was Delivered at the Business Standard BFSI Insight Summit, Mumbai. It may be noted that at the recently concluded Annual Meetings of the IMF, two contradictory themes prevailed: the unprecedented global policy uncertainty; and the surprising resilience of the economies. The global economy has shown remarkable resilience to the shifting trade policies and geopolitical tensions. Global growth has held up better than anticipated earlier. Currently, inflation outlooks are mostly benign across countries (notwithstanding…

Oct 2025 : The nomination facility is intended to facilitate expeditious settlement of claims by banks upon death of a deceased customer and to minimise hardship faced by the family members. The Government of India has notified the Banking Laws (Amendment) Act, 2025 which inter-alia has amended the Sections 45ZA, 45ZC and 45ZE of the Banking Regulation Act, 1949 (the Act). The Banking Companies (Nomination) Rules, 2025 have also been notified which along with amended provisions of the Act shall…

Hardeep Singh Puri, Minister of Petroleum and Natural Gas, addressed the ‘Revitalizing India’s Maritime Manufacturing Conference’ held in Mumbai as part of India Maritime Week 2025. He said India’s rapid economic growth is closely connected to the progress of its energy and shipping sectors, which together serve as strong pillars of national development. The Minister said that India’s economy is growing fast, with the GDP now around 4.3 trillion dollars. Nearly half of this comes from the external sector, which…

Power Finance Corporation Ltd. (PFC), a Maharatna CPSE under the Ministry of Power, is observing Vigilance Awareness Week 2025 from October 27 to November 2, 2025, reaffirming its unwavering commitment to the principles of integrity, transparency, and accountability in all spheres of its functioning. The week-long observance began with the administration of the Integrity Pledge by Smt. Simmi R. Nakra, Chief Vigilance Officer (CVO), in the presence of Shri Manoj Sharma, Director (Commercial), and Shri Sandeep Kumar, Director (Finance). Senior officials and employees…

New Delhi, Oct 2025 : Hindustan Aeronautics Limited (HAL) on Tuesday announced the signing of a Memorandum of Understanding (MoU) with Russia’s Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) to collaborate on the production of the SJ-100 civil commuter aircraft in Moscow, Russia. The MoU was signed by Prabhat Ranjan from HAL and Oleg Bogomolov from PJSC-UAC, in the presence of D.K. Sunil, Chairman and Managing Director of HAL, and Vadim Badeka, Director General of PJSC-UAC, the company said…