India Macro, Economy & Public Policy › Sub-category
PSU / Strategic Policy
7 articles
India's defense sector is experiencing significant growth, with production reaching ₹1.54 lakh crore in FY26 and exports hitting ₹40,000 crore, alongside substantial investments in new facilities and a burgeoning drone manufacturing ecosystem. Public sector banks also achieved a record ₹1.98 lakh crore net profit for FY26, driven by declining non-performing assets and strong capital adequacy. Simultaneously, the government is bolstering national preparedness for extreme weather events, expanding early warning systems and coordinating disaster response efforts. However, Mysore Paper Mills reported a significant net loss in Q3 FY26, raising concerns about its operational viability.
Centre Signs Jal Jeevan Mission MoUs with A&N, West Bengal
Centre signs reform-linked MoUs with Andaman & Nicobar Islands and West Bengal under Jal Jeevan Mission 2.0 for rural water governance.
Andaman & Nicobar achieved 100% rural tap water coverage in 2021
Rajnath Singh Visits Vietnam, South Korea for Defence Talks
Defence Minister Rajnath Singh undertakes official visits to Vietnam and South Korea to expand bilateral defence engagement.
Visit focuses on deepening strategic military cooperation, defence industri
Defence Ministry Lays Foundation for ₹20,180 Crore Projects
Foundation stones laid for AMCA Core Integration Centre (₹2,000 crore) and Naval Systems Facility (₹480 crore) in Andhra Pradesh.
Grounding ceremonies held for Defence Energetics Facility (₹1,500 cror
IAF Maintenance Command Conducts Aerospace Power Seminar
Headquarters Maintenance Command and CAPSS conducted a Joint Aerospace Power Seminar in Nagpur on 11 May 2026.
The seminar focused on efficient maintenance practices and Atmanirbharta (self-reliance)
Public Sector Banks Record ₹1.98 Lakh Crore FY26 Profit
PSBs achieved historic ₹1.98 lakh crore net profit in FY 2025–26, marking fourth consecutive profitable year.
Gross NPA ratio declined to record low 1.93% while Net NPA ratio improved to 0.39% as of M
PSBs Record ₹1.98 Lakh Crore Net Profit FY26
Public Sector Banks achieved a historic net profit of ₹1.98 lakh crore in FY 2025-26, marking fourth consecutive profitable year.
PSBs' Gross NPA ratio declined to record low 1.93% and Net NPA to 0.39
Mysore Paper Mills Q3 FY26 Net Loss ₹2,046L
MPM Board approved unaudited Q3 FY26 results; quarterly revenue at ₹412.90 lakhs with net loss of ₹2,046.27 lakhs.
Finance costs of ₹2,151.87 lakhs per quarter overwhelmingly dominate expenses against