New Delhi, August 25: In a significant step towards achieving the vision of Aatmanirbharta in defence, Raksha Mantri Shri Rajnath Singh has approved the transfer of DRDO-developed technologies of all conventional missile systems to the Indian defence industry for production within the country. This Transfer of Technology marks an important milestone in promoting greater participation of the domestic industries in the defence ecosystem by enabling them to undertake indigenous production, as per applicable qualifications, certifications and regulatory requirements. The provision will enable successful transition of missile system development to industrial production, reflecting the continued efforts of DRDO to leverage the…
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New Delhi, August 25: The ‘Parishrama Adalat’, a Conciliation Conclave for Micro and Small Enterprise (MSE) delayed-payment disputes, organised by the Commissionerate of Industries and Commerce, Government of Telangana, in association with the Ministry of MSME, successfully resolved 65 delayed-payment cases involving ₹8.29 crore. Held at FTCCI, Hyderabad, the conclave brought together MSEs, buyers, public sector enterprises, MSE Facilitation Councils, ADR institutions and officials from the Ministry of MSME and the Government of Telangana. For a Micro or Small Enterprise, a delayed payment is not merely an unpaid invoice. It can affect salaries, purchase of raw materials, repayment of loans…
New Delhi, August 25: Union Minister of Commerce and Industry, Shri Piyush Goyal, today held discussions in Tokyo with senior leaders of leading Japanese financial and investment institutions on strengthening long-term capital flows, deepening investment partnerships and expanding Japanese participation in India’s growth story. The meeting brought together senior representatives of MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomura and Nippon Life. The discussions focused on India’s economic outlook, emerging investment opportunities and measures to further facilitate Japanese institutional investment in India. Shri Goyal highlighted the strength and resilience of the Indian economy, noting that India recorded 7.7…
Hyderabad, August 24: Magellanic Cloud Limited, today announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Western Railway, Ratlam Division, for a contract valued at ₹7,91,60,064.53 (Rupees Seven Crore Ninety-One Lakh Sixty Thousand Sixty-Four and Fifty-Three Paise Only). The LOA has been awarded for the Supply, Installation, Testing and Commissioning of Telecom Material in connection with the deployment of an integrated e-surveillance system across 40+ Manned Non-Interlocked Level Crossing Gates in the Ratlam Division. The project entails the deployment of an integrated e-surveillance and telecom infrastructure across identified railway level crossing gates. The…
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New Delhi, August 24: Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman will later undertake an official visit to Canada and the United States of America from 25th August to 2nd September 2026, with a focus on strengthening bilateral economic and financial partnerships, deepening investment linkages and advancing cooperation on shared global economic priorities. During her visit to Toronto, Canada, Smt. Sitharaman will participate in the inaugural Economic and Financial Dialogue with H.E. Mr. François-Philippe Champagne, Minister of Finance and National Revenue of Canada. The Dialogue will provide an important platform for both sides to exchange views on macroeconomic developments, financial sector cooperation,…
New Delhi, August 24: Vice-President Shri C. P. Radhakrishnan today launched India’s first non-GMO, high-expansion popcorn maize hybrid seed at Musunuru in Eluru district of Andhra Pradesh, describing it as a significant step towards Aatmanirbhar Bharat in agriculture. He also felicitated best-performing farmers from Andhra Pradesh and seven other States and partners associated with Gourmet Popcornica. Vice President Shri C. P. Radhakrishnan today launched India’s first non-GMO, high-expansion popcorn maize hybrid seed, developed by Gourmet Popcornica, at Musunuru in Andhra Pradesh, calling it a significant step towards Aatmanirbhar Bharat in agriculture. He highlighted the… pic.twitter.com/3J3lX01ejX — Vice-President of India (@VPIndia)…
New Delhi, August 24: Indian Railways has launched a special cleanliness drive across the railway network focused on cleaning and disinfection of drinking-water tanks and filtration systems to ensure the continued availability of safe and clean drinking water for passengers at railway stations. The initiative is part of a broader action plan for strengthening drinking-water quality management across Indian Railways. The action plan emphasises frequent inspection and maintenance of the entire drinking-water system, along with water-quality testing at the source as well as at the point of consumption, rather than relying solely on end-of-pipe water testing. During the drive, Zonal…
New Delhi, August 24: The Unified Payments Interface (UPI), launched on 25th August 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI) completes 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digital payments ecosystem and a critical driver of Over a decade of operations, UPI has demonstrated extraordinary scale and momentum. Annual transaction volume expanded from just 1.78 crore transactions in FY 2016-17 to over 24,162 crore transactions in FY 2025-26, representing an almost 13,000‑fold surge in transaction volume. Parallelly, transaction value…
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