Business

Lucknow : The manufacturing sector plays a vital role in Chief Minister Yogi Adityanath’s mission to make Uttar Pradesh a one trillion dollar economy. In the Invest UP 2.0 review meeting, officials reported that the sector contributed Rs 2.81 lakh crore in 2024-25, achieving approximately 77% of the year’s target. Under CM Yogi’s leadership, an investment-friendly environment has led to the establishment of numerous new manufacturing units under Invest UP 2.0. These units are not only strengthening the state’s economy,…

The Central Government, a bank consortium and Adani Ports Pvt. Ltd, which manages the Vizhinjam deep-sea port, on Wednesday inked a tripartite Memorandum of Understanding (MoU) for providing Viability Gap Funding (VGF) of Rs 817.80 crore to the project. Besides that, the Centre and the Kerala government signed an MoU according to which the state will share 20% of the revenue it gets from the port with the union government. Speaking on the occasion, State Minister for Ports, Mr. V…

New Delhi: Power Finance Corporation (PFC), a Maharatna Company and a leading NBFC in the power sector has paid Rs 647 crore to the Govt. of India as the Fourth Interim Dividend for the financial year 2024-25. During Financial Year 2024-25, PFC paid dividend of Rs. 5363 Crore (including the final dividend for FY 2023-24 of Rs. 825 crore) out of which Rs. 3003 Crore paid to Gol.

Mumbai – REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of ₹1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The agreement was formally signed by Shri. Harsh Baweja,Director (Finance), REC Limited and Dr. Ankush R Nawale, Financial Advisor MMRDA, at the India Global Forum (IGF) Mumbai NXT 25 event at the…

MeitY and the Government of Himachal Pradesh organized a Cyber Security iCAST-25 Workshop to enhance the cyber security posture of state government departments State Cyber Security workshop as a part of NeGD’s Capacity Building Project, to manage and mitigate cyber risks effectively The National e-Governance Division (NeGD), Ministry of Electronics and Information Technology (MeitY), in collaboration with the Department of Digital Technology & Governance, Himachal Pradesh and CID, Department of Police, Government of Himachal Pradesh, organised a two-day Cyber Security Workshop iCAST-25…

Aadhaar is the ‘Aadhaar’ of Many Initiatives and the Core of DPIs: Union Minister UIDAI Hosts Third Aadhaar Samvaad in Delhi; Brings Together Over 750 Officials and Experts to Explore Innovation, Inclusion, and Integration for Smarter Governance and Secure Identities UIDAI Unveils New Aadhaar App for Secure Digital Verification and QR-Based Data Sharing; Enhances User Privacy and Reduces Dependence on Physical Copies The Unique Identification Authority of India (UIDAI) concluded a day long stakeholders meet with ecosystem partners including from central government…

Power Finance Corporation (PFC), a Maharatna Company and a leading Non-Banking Financial Company (NBFC) in the Indian power sector, has signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA) on 08th April 2025 during the “India Global Forum (IGF) Mumbai’s NXT25: Leading the Leap Summit” at Jio World Convention Centre, Mumbai. The two-day summit by IGF will bring together CEOs, global investors, policymakers, and celebrities to explore the most prominent trends shaping India’s future on the world stage.  The…

GeM Pavilion Sees Massive Footfall, 2500+ Queries Resolved, 1000+ Registrations Completed The Startup Mahakumbh 2025 concluded in New Delhi on Saturday, marking significant participation and highlighting the growing strength of India’s entrepreneurial ecosystem. Among the key participants was the Government e Marketplace (GeM), which showcased its role in supporting startup growth and underlined the potential of public procurement as a tool for promoting innovation and inclusive development. As a strategic presenting partner, GeM engaged with a wide range of startups,…

ST-Led Ventures incubated at IIM Kolkata & IIT Guwahati Receive National Awards from Union Minister Shri Piyush Goyal Ministry of Tribal Affairs Showcases 45 Startups under “DhartiAabaTribePreuners 2025” under Janjatiya Gaurav Varsh at Bharat Mandapam New Delhi ,Ministry of Tribal Affairs marked a significant milestone in empowering tribal entrepreneurship by showcasing 45 tribal-led startups from across India at the StartupMahakumbh held at Bharat Mandapam, New Delhi. Organized under the flagship initiative “DhartiAabaTribepreuners 2025” as part of Janjatiya Gaurav Varsh, the event witnessed innovation from sectors ranging from deep…

Skill India Pavilion Sparks Dialogue, Deals, and Dreams at Startup Mahakumbh 2025 Shri Jayant Chaudhary, Minister of State (I/C), MSDE, and Minister of State, Ministry of Education, attended Grand Finale of the Futurepreneurs Challenge at Startup Mahakumbh 2025, celebrating India’s thriving entrepreneurial ecosystem. The event showcased some of the country’s brightest student innovators who presented their pioneering solutions on a national platform. The Futurepreneurs Challenge, a key highlight of the event, featured 10 standout student teams who presented their groundbreaking innovations…