New Delhi, March 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 2.3 per cent in February this year compared to the corresponding figure for the same month of the previous year, according to data released by the Commerce and Industry Ministry on Friday.The production of cement, steel, fertilisers, coal, and electricity recorded positive growth in February.Steel production recorded a 7.2 per cent increase in February over the same month of the previous …
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New Delhi, March 19 (IANS) India’s thermal power plants have adequate coal stocks of around 53.41 million tonnes which are adequate for nearly 23 days at the present rate of consumption, and further stocks are also being built up at the pitheads of coal mining companies as a proactive measure to meet any exigency amid the disruption in oil and gas supplies due to the Iran war, the Ministry of Coal said on Thursday.The pithead coal stock at the mines of Coal India Limited (CIL), which was 106.78 …
New Delhi, March 13 (IANS) As global supply chains face recurring disruptions from geopolitical tensions and shifting trade routes, resilient infrastructure and logistics networks will be critical to sustaining economic growth, said Karan Adani, Managing Director (MD), Adani Ports and Special Economic Zone (APSEZ), and Director, Adani Cement, at the annual leadership summit of a media group here on Friday.He noted that the ongoing crisis in West Asia has highlighted the vulnerability of global t…
New Delhi, March 9 (IANS) The government has assured highway construction companies that supplies of key raw materials such as bitumen, cement and diesel will remain adequate despite logistics disruptions linked to the US-Iran war, sources said.Citing sources, a report from NDTV Profit said that officials from the National Highways Authority of India met with members of the National Highways Builders Federation after contractors raised concerns about delays in truck movements and ship offloading…
New Delhi, March 6 (IANS) Indian Railways’ freight revenue rose 2.97 per cent year-on-year to Rs 14,571.99 crore in February, the government said on Friday.In the corresponding month last year, freight revenue stood at Rs 14,151.96 crore.According to Railways Ministry, freight loading increased 3.96 per cent YoY to 137.72 million tonnes (MT) during the month, compared with 132.48 MT in February last year.While transport output measured by Net Tonne Kilometres (NTKM) rose 4.18 per cent to 76,00…
New Delhi, Feb 20 (IANS) The combined index of the country’s eight core infrastructure industries increased by 4 per cent in January this year compared to the corresponding figure for the same month of the previous year, propelled by the strong performance of the steel and cement sectors, according to official data released by the Commerce and Industry Ministry on Friday.The production of electricity, fertilisers, and coal also recorded positive growth in January.Steel production recorded a ro…
Jaipur, Feb 14 (IANS) The sixth meeting of the Board of Investment was held on Saturday at the Chief Minister’s residence under the chairmanship of CM Bhajan Lal Sharma. During the meeting, customised incentive packages were approved for 10 ultra mega projects across key sectors, aimed at attracting investment worth Rs 46,000 crore to Rajasthan. These projects are expected to generate employment opportunities for more than 12,000 people across the state.The approved proposals include major inv…
New Delhi, Jan 21 (IANS) NITI Aayog on Wednesday unveiled a roadmap for the decarbonisation of aluminium, cement, and MSME sectors in India as the nation goes in for a massive expansion of industry and infrastructure to achieve the Viksit Bharat Goal of $30 trillion.CEO NITI Aayog, B.V.R. Subrahmanyam, said: “About a year and a half ago, we established the Green Transition, Energy, Environment, and Climate Change division at NITI Aayog. Previously, NITI had no division focused on climate change …
New Delhi, Jan 20 (IANS) The combined Index of Eight Core Industries (ICI) increased by 3.7 per cent (year-on-year) in December 2025 as production of cement, steel, electricity, fertiliser and coal recorded positive growth last month, the government data showed on Tuesday.The final growth rate of Index of Eight Core Industries for November 2025 was observed at 2.1 per cent.The cumulative growth rate of ICI during April to December, 2025-26 is 2.6 per cent (provisional) as compared to the corresp…
New Delhi, Jan 6 (IANS) The growth of India’s economy will be domestically driven by consumption and credit in FY27, with real GDP to rise about 7.2 per cent and nominal GDP improving by 11 per cent, a report said on Tuesday.The report from SBI Mutual Fund stated that bank credit growth is projected at 13-14 per cent in FY27. Bank credit rose from 9 per cent in May to 11.4 per cent by November 2025, with aggregate credit likely to grow by 10.5-11 per cent in FY26.Household credit is expected t…