REC Declares 1ST Interim Dividend of ₹4.25 Per Share For FY 2026-27; PAT up by 23% from last quarter

New Delhi: The Board of Directors of REC Limited, today approved the standalone and consolidated financial results for the quarter ended June 30, 2026. Operational and Financial Highlights: Q1 FY27 vs Q4 FY26 – Net interest income: ₹5,212 crore Vs ₹4,961 crore up by 5% – Net Profit: ₹4,149 crore Vs ₹3,362 crore, up by 23% Despite a dynamic operating environment, REC sustained a healthy NIM of 3.34%, reflecting the strength of its lending portfolio and disciplined financial management. Consequently, the Company delivered an annualised EPS of ₹63.04 per share for the quarter ended June

Nation

Mansukh Mandaviya Addresses Commonwealth Sports Ministers’ Meet in Glasgow

New Delhi: Union Minister of Youth Affairs and Sports Dr. Mansukh Mandaviya urged for a stronger, member-driven framework for Commonwealth sports cooperation while addressing the Commonwealth Sports Ministers Meeting in Glasgow,

Nation

Indian Railways Approves ₹440 Cr Third Line Project on South-Eastern Railway

New Delhi: In a significant step towards enhancing rail capacity on one of the country’s important freight corridors, Indian Railways has approved the construction of a 14.52 km third line between

Top News 1

Government highlights safety, performance and national benefits of Ethanol-blended Petrol

New Delhi: So far, no decision has been taken by the Government for increasing ethanol blending with petrol beyond 20%. Any future decision regarding higher ethanol blends will be taken only

StarlinePS Enterprises Invests ₹160 Crore in Celloraa Energy

Reforms required in Uttar Pradesh Urban Planning and Development Act,1973

India’s Middle East Policy: ‘4Ds and 4Es’ Strategy; Strait of Hormuz Closure ‘Not Acceptable,’ Says Former Diplomat and NTPC Director Anil Trigunayat

energy

Top News 1

REC Declares 1ST Interim Dividend of ₹4.25 Per Share For FY 2026-27; PAT up by 23% from last quarter

New Delhi: The Board of Directors of REC Limited, today approved the standalone and consolidated financial results for the quarter ended June 30, 2026. Operational and Financial Highlights: Q1 FY27

Top News 1

Government highlights safety, performance and national benefits of Ethanol-blended Petrol

New Delhi: So far, no decision has been taken by the Government for increasing ethanol blending with petrol beyond 20%. Any future decision regarding higher ethanol blends will be taken only

Top News 1

Adani Energy Reports Record Revenue of ₹9,852 Crore, Up 40% YoY

Ahmedabad: Adani Energy Solutions Limited (“AESL”), part of the globally diversified Adani portfolio and the largest private transmission, distribution, smart metering and energy solutions platform company in India, today announced

Hindustan Zinc Assigned ‘Strong’ ESG Rating by CRISIL ESG Ratings

SAIL declares financial results for Q1 FY27, posts strong profit

HIL Secures Rs. 28.69 Cr Toll Operations Contract from NHAI

BANKING AND FINANCE

Banking and Finance

GlobalPay Launches GlobalPay Connect to Expand India’s Forex Distribution Ecosystem

Mumbai: WSFx Global Pay Ltd (GlobalPay) (BSE: 511147), the trusted standard in global payments and India’s most trusted name in foreign exchange and cross-border payments, today announced the launch of

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SG Finserve, BharatPe Money and Succesship Technologies Join Hands to Expand Digital Credit Access for Merchants

New Delhi: SG Finserve Limited (SG Finserve), a Non-Banking Financial Company (NBFC), today announced the launch of its digital lending solution in partnership with BharatPe Money (Resilient Digi Services Private

Banking and Finance

PNB Announces Financial Results for Quarter Ended June 30, 2026

New Delhi: Punjab National Bank (PNB) announced its Financial Results for the Quarter and Year Ended 30th June 2026. Bank registered Net Profit increased Y-o-Y by 213.6% to ₹5,253 Crore

Sun Pharma Notes Organon Shareholder Approval for Proposed Acquisition

Glenmark Receives U.S. FDA Approval to Expand the Use of RYALTRIS® Nasal Spray for Children Aged 6 to Less Than 12 Yrs

Anthem Biosciences Reports ₹1,199 Mn Q1 PAT, 39.6% EBITDA Margin

FMCG AND AGRICULTURE

Top News 1

NABARD signs MoU with MAHAPREIT to Accelerate Green Infrastructure in Rural India

Mumbai: NABARD and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT), a Government of Maharashtra enterprise, signed an MoU to finance and promote green, climate-resilient and sustainable infrastructure across

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Rossari Biotech Announces Q1 FY27 Financial Results

Mumbai: Rossari Biotech Limited (Rossari), a Specialty-Chemicals manufacturer providing intelligent and sustainable solutions for customers across industries, has announced its financial results for the quarter ended June 30, 2026. Consolidated:

FMCG & Agriculture

NMPL Unveils India’s First Zero Crystalline Silica Surface Technology

New Delhi: Nemmali Mining Pvt. Ltd ( NMPL) has announced the launch of Zero Crystalline Silica™ Surface Technology, India’s first innovation of its kind, marking a major milestone for the

Sona Comstar Partners with DENSO to Develop Electric and Hybrid Powertrain Systems

TVS Motor Reports 38% Growth in Q1 FY27 Revenue at ₹13,896 Crore

Tech Mahindra Q1 FY27 EBIT Jumps 53.3% YoY to ₹2,264 Crore; Deal Wins Rise 33%

TECH AND STARTUPS

Tech & Startups

InfoBeans Sustains Growth Momentum in Q1 FY27, Reporting Significant Gains in Revenue and Profitability

Greater Noida: InfoBeans Technologies Limited (NSE: INFOBEAN, BSE: 543644), a leading global AI-driven digital transformation firm, announced its financial performance for the first quarter of the fiscal year 2026-27 on Wednesday.

Tech & Startups

Pace Digitek’s Subsidiary LPPL and MEGMEET Expands Strategic Cooperation to Support AI Data Center Power Infrastructure Capabilities in India

Bengaluru: Pace Digitek Limited, through its subsidiary Lineage Power Private Limited (LPPL), has entered into a strategic cooperation agreement with MEGMEET Electrical India Private Limited. Building on a business relationship

Nation

Tata Elxsi Delivers Steady Growth at 2.8% QoQ and 14.5% YoY in Q1 FY27

Bangalore: Tata Elxsi, amongst the world’s leading providers of design led technology services, announced its first quarter results for the period ending 30th June 2026. For the first quarter of

Air India and Saudia sign Memorandum of Understanding to expand strategic cooperation

Praveg Limited Board Approves 53.72 Cr Preferential Issue Through Equity Shares and Convertible Warrants

Mach Travel Crosses 85000 Yatri Milestone Under Mukh Mantri Teerth Yatra Scheme in Punjab

TRADE AND COMMERCE

Nation

India Bans Imports of Goods Made with Forced Labour Amid US Section 301 Probe and Proposed 12.5% Tariffs

New Delhi: Amid US section 301 investigation and plans of 12.5% tariffs, India has banned import of goods produced using forced labour. Ministry of Commerce & Industry informed in a

Top News 1

EU Demand Shift Hits India’s Steel Exports, Raising Stakes for Carbon Trading Scheme

New Delhi: India’s steel and aluminium exports to the European Union (EU) fell 24.4% in financial year (FY) 2025, with steel alone down 35.1%, before any Carbon Border Adjustment Mechanism

Nation

Piyush Goyal to Lead High-Level Business Delegation to Spain, Belgium and Finland Next Week

New Delhi: Union Minister of Commerce & Industry, Piyush Goyal, will lead a high-level Indian business delegation to Spain, Belgium and Finland from 13 to 17 July 2026. The visit

PTC Industries Receives Development Order from Gun Factory Kanpur for Major Artillery Gun Components

Indian Navy Commissions Made-in-India Advanced Stealth Frigate ‘INS Mahendragiri’ in Visakhapatnam

Army Chief Upendra Dwivedi Visits ASSAM RIFLES HQ IGAR (EAST) to Review Operational Preparedness and Overall Readiness

Education

CUH Opens Direct Admission to Second Year of 17 Postgraduate Programmes; Online Registration Begins from July 23; Physical Counselling on July 28

New Delhi: The Central University of Haryana (CUH), Mahendergarh, has commenced the admission process for direct admission to the second year (third semester) of 17 postgraduate programmes for the Academic

Education

CUH Vice-Chancellor Prof. Tankeshwar Kumar Appointed Vice President of Haryana State Bharat Scouts and Guides

New Delhi: Prof. Tankeshwar Kumar, Vice-Chancellor of the Central University of Haryana (CUH), Mahendergarh, has been appointed Vice President of The Haryana State Bharat Scouts and Guides. The appointment was

Education

All 4 students from Team India won Gold Medals at 58th International Chemistry Olympiad in Tashkent

New Delhi: India performed exceptionally well at the 58th International Chemistry Olympiad (IChO) 2026 held in Tashkent, Uzbekistan from 10 to 19 July 2026, with all four students bagging gold

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Bharat Neeti News (BNN) is an emerging Economy and Policy news platform providing updates across sectors, with in-depth analysis and expert perspectives on national and global developments.