New Delhi, May 16 (IANS) Government e Marketplace (GeM) observed its Incorporation Day 2026 on Saturday, marking its continued role in supporting India’s public procurement by enhancing transparency, efficiency and technology-driven governance, an official statement said.The portal now hosts over 1.36 lakh government buyers and nearly 25 lakh sellers and service providers, with nearly 72 per cent of active sellers comprising micro and small enterprises, the statement from the Ministry of Commerc…
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Bhubaneswar, April 6 (IANS) Senior Sasmit Patra, a leader of the Biju Janata Dal and Rajya Sabha MP, on Monday wrote to Union Minister for Housing and Urban Affairs Manohar Lal, seeking his immediate intervention to ensure that the proposed Metro Rail project, initiated during the previous government, is not scrapped by the state government. In his letter, Patra argued that the project envisioned during the previous Naveen Patnaik-led BJD government is a critical mass-transit backbone for th…
New Delhi, March 31 (IANS) The Reserve Bank of India (RBI) has deferred the implementation of its revised capital market exposure framework by three months, changing the effective date to July 1, 2026, from the earlier April 1 deadline.The decision comes after feedback from banks, capital market intermediaries (CMIs), and industry bodies, which highlighted operational and interpretational challenges in implementing the new norms.The central bank had initially issued the amendment directions on F…