NEWS

2024-03-06

India's February power usage surges 8% to 127.79 billion units

India's power consumption had increased by over 8 percent to 127.79 Billion Units (BU) in February compared to the previous year. The data revealed th...

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2024-03-06

PM launches Rs 1.62 Lakh trillion oil & gas projects nationwide

Prime Minister Narendra Modi revealed a series of oil and gas sector projects valued at approximately Rs 1.62 trillion across the nation, starting fro...

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2024-03-06

OPEC+ extends oil output cuts through second quarter

It was reported that OPEC+ members, led by Saudi Arabia and Russia, had agreed to extend voluntary oil output cuts into the second quarter, providing ...

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2024-03-06

Government raises windfall tax on crude oil

The windfall tax on petroleum crude would be increased from Rs 3,300 to Rs 4,600 per metric ton, effective from March 1. The government also revealed ...

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2024-03-06

Bio-CNG plant coming to Madurai City

In a notable move towards sustainable waste management and renewable energy generation, administrative approval has been granted by the department of ...

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2024-03-06

Cabinet greenlights royalty rates for 12 vital minerals

It was announced by the Union Cabinet that royalty rates for 12 critical and strategic minerals had been set by amending the Mines and Minerals (Devel...

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2024-03-06

NMDC's April-Feb iron ore output up 13%, sales surge 21%

The state-owned miner NMDC had recorded a nearly 13 per cent increase in iron ore production, reaching 40.24 million tonnes during the April-February ...

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2024-03-06

Vedanta plans $ 3 bn debt reduction in 3 years

Vedanta Resources, the parent company of Mumbai-based mining conglomerate Vedanta, announced during an analyst meeting that it does not anticipate a r...

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2024-03-06

Luigi Maggioni joins Raimondi Cranes as CEO

Raimondi Cranes, heritage manufacturer of intelligently-designed scalable heavy lifting solutions, announced the appointment of Luigi Maggioni to the ...

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2024-03-05

Logistics sector projected to touch $484.43 bn by 2029

LogiMAT India, India?s biggest and most extensive logistics exhibition platform for showcasing cutting-edge technologies and innovations in the logist...

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