Private Sector

Private sector entry in navigation to boost India's vision 2027: Isro chief

ISRO Chairman Narayanan on Tuesday said he was pleased to see private companies stepping into the complex work of building navigation systems for spacecraft and defence, adding that their efforts would support PM Modi's vision of making India a developed nation by 2047. He noted that navigation systems are highly complex and critical, which ISRO alone could not develop. "When we talk about Viksit Bharat 2047, it is our responsibility to ensure no imports are required. Navigation is a very critical area, and ISRO alone cannot develop it. So I am extremely happy that in Thiruvananthapuram, Ananth Technologies has entered this field," Narayanan said. He was speaking to the media after inaugurating a Centre of Excellence in Navigation by Hyderabad-based Ananth Technologies, a company closely working with organisations like ISRO, DRDO, and BrahMos, at Kinfra Park here. According to Narayanan, the facility, which he personally inspected after the inauguration, is world-class and would ..

Trade uncertainties continue to weigh on private projects, shows data

September was the fourth quarter in a row where projects dropped on a rolling-basis

Balanced public-private role vital for India's energy sector: Suman Bery

Niti Aayog Vice Chairman Suman Bery on Thursday said a balanced mix of public and private participation is crucial to achieve efficiency, resilience, and innovation in the energy sector. Berry made the remarks while addressing the Energy Security Conference organised by the Confederation of Indian Industry (CII) here. "The structure of our energy market, particularly in hydrocarbons, needs careful rethinking. A balanced mix of public and private participation will be critical to achieving energy efficiency, resilience, and innovation," a statement quoted the Vice Chairman as saying. Bery called for a review of the current market structure of India's energy sector, saying the traditional dominance of public-sector enterprises in hydrocarbons and electricity generation must evolve to reflect the changing realities of the energy transition, CII said in a statement. He said energy security is not just about ensuring supply, it is about affordability, diversification, and resilience. Th

Nepal PM Karki says govt to work with pvt sector for economic upliftment

Nepalese Prime Minister Sushila Karki on Saturday said that a prosperous, peaceful and civilised country can be built only through collaboration and cooperation with the private sector, adding that good governance is the pre-requisite of any country to achieve economic growth and social justice. The entire country is gearing up for the upcoming general elections scheduled for March 5, 2026, she said while addressing the National Economic Dialogue version two organised by the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) in Kathmandu. PM Karki said that the country will move forward on the path of a sustainable democratic system through the election. Finance Minister Rameshwor Khanal assured that the government will bring a package to uplift the private sector, which was affected by the Gen Z movement. The private sector industries and businesses have suffered a loss of around NPR 88 billion due to the violent agitation. Home Minister Om Prakash Aryal said that the

Private sector capex led the way in H1FY26 with manufacturing boost

Private investment projects constitute well over 70 per cent of the nearly ₹34 trillion of fresh investments announced in H1 this year

Govt unveils GatiShakti platform to help pvt sector boost infra planning

Launched four years ago, the GatiShakti NMP is a digital platform that intends to reshape how India approaches infrastructure development

Govt opens up State Bank of India managing director position to pvt sector

FSIB may hire HR agency to carry out behaviour and competency assessment of candidates

Rebuilding trust, regaining biz momentum key priorities for IndusInd Bank

The private sector lender is also looking to enhance productivity through innovations in areas such as fintech

Datanomics: Is it time for the private sector to step up investments?

It is widely believed that investments these days are generally driven by the government as the private sector is yet to show its animal spirit

Defence indigenisation, procurement top goals for govt: Defence Secy

The Blueprint Discourse: Defence Secretary Rajesh Kumar Singh said India is accelerating defence indigenisation, boosting private sector role and strategic autonomy; budget not a constraint

Don't hesitate to invest more: FM Nirmala Sitharaman to India Inc

Finance Minister Nirmala Sitharaman asked industry to shed hesitation in investing and expand capacities while partnering with the government to skill youth for faster employment

Pension assets may reach ₹45 trn in 5 years: PFRDA Chairperson S Ramann

Pension assets are projected to triple to ₹45 trillion in five years as PFRDA reforms open up customised products and aim to cover half of India's workforce by 2030

India's reforms give cushion against global uncertainty: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran said GST overhaul and structural reforms will strengthen India's resilience to global risks and help meet the fiscal deficit target

India hoped for 'big' GST reform, received only a revised rate card

India's long-overdue GST cut is hailed by PM Modi as the nation's 'biggest reform', with carmakers cutting prices and asset managers calling it a 'landmark reset', yet markets stay muted

Bank holidays in India 2025: Are banks open or closed today on Aug 25?

Bank Holiday: For Tirubhav Tithi, banks in Assam will close on August 25,2025, but banks in the rest of India will stay open. Ganesh Chaturthi is a follow-up holiday on August 27. Read on to know more

Youth getting first job in private sector to get ₹15,000 support: PM Modi

PM Modi unveils Viksit Bharat Rojgaar Yojana to aid first-time private sector employees and incentivise employers to generate jobs, aiming to benefit 35 million youth

Pvt players likely to have limited access to data from GatiShakti portal

Private players to get limited, non-downloadable access to national masterplan portal data

AIIB to double private-sector lending by 2030: Ajay Bhushan Pandey

AIIB aims to boost private sector financing to 50% by 2030, focusing on renewables, green energy, and affordable housing; lending to rise to $17-18 billion

Private sector investment hasn't kept pace with public expenditure: FM

Says greater access to China may help economy, but sense of caution would have to be built in

Low-cost finance, private sector role key to nuclear projects: PK Mishra

Timely completion, access to low-cost finance, and leveraging private sector capabilities are key to lowering tariffs and improving feasibility of nuclear projects, P K Mishra, principal secretary to the prime minister, said here on Friday. Addressing the 68th batch of scientific officers at the Bhabha Atomic Research Centre Training School, Mishra encouraged researchers to innovate in cost reduction strategies to make nuclear energy India's preferred power source. Citing the successful opening of the space sector, Mishra said similar initiatives are envisaged for atomic energy, which is essential for clean energy and national security. He underscored the societal impact of nuclear energy and cited the use of radio isotopes for cancer care, and radiation technologies for wastewater treatment and agriculture storage. The government had sanctioned 50 multi-product food irradiation units for the MSME sector under the 2024-25 Union Budget, Mishra said. Irradiation facilities in 12 sta