(THE NEWSMAN OF INDIA.COM) In an address to the Rajya Sabha, Finance Minister Nirmala Sitharaman outlined the government’s achievements in job creation within India’s public sector banks (PSBs), emphasizing that the banking sector has played a pivotal role in strengthening the economy and providing employment opportunities. According to Sitharaman’s statement, PSBs have collectively generated a
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(THE NEWSMAN OF INDIA.COM) NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), has signed a strategic Memorandum of Understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) on March 26, 2025. This collaboration aims to jointly undertake a wide range of consultancy, fee-based, EPC and
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(THE NEWSMAN OF INDIA.COM) March 27, 2025: REC Limited, a public sector enterprise under the Ministry of Power, has announced a comprehensive market borrowing programme totaling ₹1.70 lakh crore for the financial year 2025-26. This initiative aims to support the company’s funding requirements, asset-liability management, and prevailing market conditions. Key Highlights of the Borrowing Programme:
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(THE NEWSMAN OF INDIA.COM) New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the curtailment of tenure of Pawan Yadav, IAS (MN:2014), as Deputy Secretary in the Ministry of Home Affairs under the Central Staffing Scheme. Further, the ACC has cleared his appointment as Private Secretary to the Minister for Home Affairs &
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(THE NEWSMAN OF INDIA.COM) March 26, 2025 | Bengaluru – In a significant move to drive industrial growth and job creation, the Department of Commerce & Industries, Government of Chhattisgarh, has extended an invitation to BEML Ltd. to invest in the state by setting up a world-class mining equipment manufacturing facility. The proposed plant will
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(THE NEWSMAN OF INDIA.COM) Mumbai: New India Assurance, the country’s largest general company and Bank of India, one of the largest public sector banks, has entered into a strategic tie-up to offer general insurance products to the customers of the bank. “New India strives to introduce customised products for retail customers specially for the “missing
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(THE NEWSMAN OF INDIA.COM) New Delhi, March 26, 2025 – The Central Government has announced a new directive requiring companies to submit a half-yearly return to the Ministry of Corporate Affairs if their payments to micro and small enterprises (MSEs) exceed forty-five days. This move aims to ensure timely payments and improve financial transparency for
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(THE NEWSMAN OF INDIA.COM) REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over 3 Nos. project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V
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(THE NEWSMAN OF INDIA.COM) Mumbai, March 25th, 2025: Jawaharlal Nehru Port Authority (JNPA) – India’s Best Performing Port, announced the Development of a Corporate Office Building at Malet Bunder in the Mumbai Port Area on Tuesday, March 25th, 2025, during a media briefing addressed by Unmesh Sharad Wagh, IRS, Chairperson, JNPA and CMD, VPPL. JNPA
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(THE NEWSMAN OF INDIA.COM) The Appointments Committee of the Cabinet has approved the designation of Ajay Seth, IAS (KN:87), Secretary, Department of Economic Affairs, Ministry of Finance, as Finance Secretary. Mannan Akhtar, IAS (UP:2011), has been appointed as Commissioner, Delhi Development Authority. The committee has also approved the in-situ upgradation of the following officers to
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