Mumbai: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited under the Ministry of Power, has successfully handed over two project-specific Special Purpose Vehicles (SPVs) related to intra-state transmission projects in Maharashtra on 9 January 2026. The projects were awarded through the Tariff-Based Competitive Bidding (TBCB) route. Velgaon Power Transmission…
New Delhi, Jan 10 (UNI) Minister of Finance and Corporate Affairs Nirmala Sitharaman on Saturday chaired a high-level pre-Budget consultation meeting with States and union Territories with legislatures as part of the preparatory process for the union Budget 2026–27. The meeting was held in New Delhi and focused on gathering inputs from States on fiscal…
New Delhi, Jan 10 (UNI) Commerce Minister Piyush Goyal concluded his two-day Brussels visit, making a decisive impact in keeping forward the India-EU Free Trade Agreement (FTA) negotiations, an official statement said here on Saturday. In a series of high-level talks with Commissioner for Trade and Economic Security Maroš Šefčovič, both leaders provided guidance to…
Mumbai, Jan 9 (UNI) Adani Green Energy officially informed the stock exchange in a regulatory filing that its subsidiary Adani Green Energy Twenty Five B Ltd has entered into a Power Consumption Agreement (PCA) and a tripartite agreement to supply 20.8 MW of solar-wind hybrid power to Asahi India Glass Ltd. The company stated that…
New Delhi, Jan 9 (UNI) The India stock markets today ended lower for the fourth consecutive session today, with the BSE Sensex plummeting by 604.72 points or 0.72 per cent to 83,576.24 and the NSE Nifty sliding by 193.55 points or 0.75 pc to 25,683.30. Notably, the market sentiment remained weaker amid global headwinds. The…
New Delhi Jan 9 (UNI) The Reserve Bank of India (RBI) has issued a compounding order, effectively terminating legal proceedings against Kakinada Seaports Limited for violations of the Foreign Exchange Management Act (FEMA), ED officials said on Friday. The ED said that the order, dated December 12, 2025, was passed under Section 15 of FEMA….
New Delhi, Jan 8 (UNI) The stock market witnessed fall on Thursday as bears tightened their grip leading to the indices extending losses for the fourth consecutive session. At close, the Sensex was down 780.18 points or 0.92% at 84,180.96, and the Nifty was down 263.90 points or 1.01% at 25,876.85. The BSE Midcap and…
New Delhi, Jan 7 (UNI) Despite geopolitical uncertainty and turbulent global landscape, India’s growth story shows signs of resilience as real Gross Domestic Product (GDP) is estimated to increase to 7.4 per cent (Y-o-Y) in FY 2025-26 as compared to the 6.5 per cent (Y-o-Y) (provisional estimate) in FY 2024-25, said Rajeev Juneja, President of…
Chennai, Jan 7 (UNI) Bank of Baroda (BoB), one of India’s leading public sector banks, inaugurated its new Regional Office premises in Madurai today, strengthening its presence across the southern states and enhancing administrative efficiency. This step aligns with the BoB’s broader strategy to expand physical infrastructure alongside its digital initiatives, a bank statement here…
New Delhi, Jan 7 (UNI) The stock market fell for third straight session today with the Sensex slipping by 102.20 points or 0.12 per cent to 84,961.14 and the Nifty declining by 37.95 points or 0.14 pc to 26,140.75 amidst volatility led by concerns over rising geopolitical risks, FII selling and weak Asian markets. The…
