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Union Budget 2017: Govt to Infuse Rs 10,000 Cr in PSU Banks

Posted by Editor News on February 02, 2017

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PM Modi to Inaugurate India Steel 2025 Global Conference in Mumbai on April 24

In a significant boost to India’s steel industry and its global standing, Prime Minister Narendra Modi is set to inaugurate India Steel 2025, the 6th edition of the biennial International Exhibition and Conference, on April 24, 2025. The three-day event, scheduled from April 24 to 26 at the Bombay Exhibition Centre in Mumbai, promises to be a landmark gathering, bringing together key stakeholders from the global steel value chain to discuss growth, sustainability, and innovation. Organized by the Ministry of Steel, Government of India, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI), India Steel 2025 is poised to showcase India’s ambitious vision for its steel sector and foster international collaboration. A Platform for Global Steel Leadership India Steel 2025 is expected to be one of the largest steel events globally, with over 12,000 business visitors, 250 exhibitors, and 1,200 conference delegates representing diverse sectors, governme...

IREDA Sets Historic Benchmark as First PSU to Publish Audited Financial Results in Just 15 Days

In a groundbreaking achievement, the Indian Renewable Energy Development Agency Ltd. (IREDA), a leading Public Sector Undertaking (PSU) under the Ministry of New and Renewable Energy, has become the first PSU in India to publish its audited financial results within a remarkable 15 days. This milestone, announced on April 15, 2025, not only positions IREDA as a trailblazer among PSUs but also marks it as the first company in the Non-Banking Financial Company (NBFC) and banking sectors to achieve such a feat, setting a new standard for transparency and operational efficiency. A Record-Breaking Financial Performance IREDA’s audited financial results for the quarter and fiscal year ending March 31, 2025, showcased exceptional growth, underscoring the company’s pivotal role in India’s renewable energy landscape. The PSU reported its highest-ever annual Profit After Tax (PAT) of ₹1,699 crore, a significant leap that highlights its robust financial health and strategic focus on green financi...

PM Modi Hails Inauguration of Amravati Airport as a Game-Changer for Vidarbha’s Growth

On April 16, 2025, Prime Minister Narendra Modi celebrated the inauguration of Amravati Airport in Maharashtra, describing it as “great news” for the state, particularly the Vidarbha region. The state-of-the-art airport, officially launched by Union Civil Aviation Minister Ram Mohan Naidu in the presence of Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Ministers Eknath Shinde and Ajit Pawar, marks a historic milestone in enhancing regional connectivity and economic development. Funded under the Regional Connectivity Scheme (RCS) and Viability Gap Funding (VGF), the airport’s inaugural flight by Alliance Air from Amravati to Mumbai signals a new era of growth and opportunity for the region. A Milestone for Connectivity and Commerce In a post on X, Prime Minister Modi emphasized the transformative potential of the Amravati Airport, stating, “Great news for Maharashtra, especially Vidarbha region. An active airport in Amravati will boost commerce and connectivity.” H...

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