The Indian Space Research Organisation (ISRO) was honored with the prestigious “Indian of the Year Award” for the year 2023 in the category of ‘Outstanding Achievement.’ The award recognized ISRO’s remarkable contribution to advancing the frontiers of space exploration. Dr. Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public…
The Defence Research and Development Organisation (DRDO) achieved a significant milestone with the successful flight test of the New Generation AKASH (AKASH-NG) missile from the Integrated Test Range (ITR) in Chandipur, off the coast of Odisha. The test, conducted at 1030 hrs on January 12, 2024, saw the missile intercept and destroy a high-speed unmanned…
As of January 10, 2024, the provisional figures for Direct Tax collections continue to demonstrate robust growth. Gross Direct Tax collections have reached Rs. 17.18 lakh crore, marking a significant year-on-year growth of 16.77%. Meanwhile, the Net Direct Tax collection, after refunds, stands at Rs. 14.70 lakh crore, showing a substantial year-on-year growth of 19.41%….
Union Minister for Road Transport and Highways, Nitin Gadkari, marked a significant addition to Kerala’s modern road infrastructure by inaugurating and laying the foundation stone for 12 National Highway projects. These projects cover a total length of 105 km and are valued at over ₹1464 Crore. The ceremony took place in Kasargod, Kerala, in the…
India has achieved a significant milestone in aeronautical technology with the successful flight trial of the Autonomous Flying Wing Technology Demonstrator, an indigenous high-speed flying-wing Unmanned Aerial Vehicle (UAV), by the Defence Research and Development Organisation (DRDO). The trial, which took place at the Aeronautical Test Range in Chitradurga, Karnataka, marks India’s entry into the…
TCIL, a Mini Ratna company, has announced a significant dividend payment of Rs 14.20 crore for the Financial Year 2022-23 to the government. The Chairman & Managing Director of TCIL, Sanjeev Kumar, presented a dividend cheque to the Secretary, Telecom, Shri Neeraj Mittal, marking the company’s commitment to its shareholders and the government. With a…
Tamil Nadu NLC India Ltd, under the Ministry of Coal, has contributed Rs. 4.30 crore to the Tamil Nadu Chief Minister’s Public Relief Fund. This contribution includes Rs. 2.30 crores, equivalent to one day’s salary from NLC India’s employees. The assistance aims to aid the recovery of people affected by the recent flood caused by…
In a bid to elevate indigenous production of solar panels, Union Minister of State for New & Renewable Energy, Bhagwanth Khauba, highlighted the significance of schemes like the Production Linked Incentive (PLI) for High Efficiency Solar Panel manufacturing. With a substantial budget of Rs. 24,000 crores, the PLI initiative is expected to spur growth in…
In a significant stride, the capital expenditure on National Highways (NHs) has witnessed a remarkable upswing, escalating from approximately Rs. 51,000 Crore in 2013-14 to an impressive Rs. 2,40,000 Crore in 2022-23. The Ministry, entrusted with the development and upkeep of NHs, has experienced a substantial boost in its budgetary allocation, surging from Rs. 31,130…
IREDA’s stock experienced a significant 20% surge in a single day, marking an impressive 166% increase from its IPO debut. Following its strong start, the public sector unit’s shares reached the upper circuit, reflecting the prevailing optimistic market sentiment towards PSU stocks. This surge was propelled by the strategic launch of a retail division, focusing…
