Union Budget 2026

PFC, REC boards give in-principal approval to proposed merger

The boards of directors of Power Finance Corporation Ltd (PFC) and REC Ltd have independently accorded in-principle approval to the proposed merger of the two entities. The merged entity will continue to remain classified as a “Government Company,” under Read more

Plan outlay of power CPSUs to cross Rs.1-trillion mark in FY27, PGCIL tops

The aggregate plan outlay of all Central public sector undertakings (CPSUs) is expected to cross Rs.1-trillion (Rs. 1 lakh crore) during the fiscal year FY27 (April 1, 2026 to March 31, 2027). According to official Union Budget 2026 documents, Read more

Industry hails Union Budget 2026 as a definitive roadmap to energy security

Union Finance Minister Ms Nirmala Sitharaman presented the Union Budget 2026 on February 1, 2026. Here is a progressive compilation of reactions expressed by industry captains to the Union Budget 2026, the FM’s ninth successive presentation. Please revisit Read more