Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday formally began his visit to Australia, with the two countries expected to unveil a series of major initiatives aimed at strengthening defence cooperation, maritime security, energy collaboration and critical technology partnerships, according to sources. From expanding defence ties to reinforcing energy security and cooperation in the Indo-Pacific, PM Modi’s visit is expected to yield several significant outcomes that will further…
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New Delhi, June 26 (IANS) India generated $110 billion in green revenues in 2025, emerging as one of Asia’s fastest-growing green economies as the country’s clean energy and sustainability-related businesses continued to expand, according to a report.A report by London Stock Exchange Group (LSEG) showed that India’s green revenues have grown at a compound annual growth rate (CAGR) of 20 per cent over the past five years, which is higher than Asia’s average growth of 12 per cent and the global av…
New Delhi, June 22 (IANS) The combined index of India’s eight core infrastructure industries increased by 0.5 per cent during May this year compared to the same month of the previous year, with cement, steel, and electricity recording positive growth, according to data released by the Commerce and Industry Ministry on Monday.Meanwhile, the final growth rate of the eight core industries for April 2026 was revised to 1.8 per cent. The cumulative growth rate of the core industries during April to…
Guwahati, June 7 (IANS) The Northeast Frontier Railway (NFR) sustained its robust freight operations during the early months of the 2026-27 financial year, unloading 1,034 freight rakes in May and reaffirming its vital role in ensuring the seamless movement of essential commodities across the Northeast, railway officials said on Sunday. NFR’s Chief Public Relations Officer (CPRO) Kapinjal Kishore Sharma said that during the month of May, 1,034 freight rakes were unloaded across the zone, marking…
New Delhi, June 3 (IANS) Pakistan is facing an acute energy crisis-cum-financial crunch that is getting worse and is likely to deteriorate further if the China-Pakistan Economic Corridor’s (CPEC) second phase is carried out as proposed, according to an article in Asia Times.Pakistan’s power sector circular debt stood at 1.89 trillion rupees ($6.7 billion) as of February, up nearly 200 billion rupees in just two months. Of that total, 543 billion rupees trace directly to CPEC power projects, …
New Delhi, 1 June (IANS) Indian Railways maintained freight growth momentum in the first two months of FY 2026–27, loading 145 million tonnes of freight up to May 2026. This marked an increase of 1.3 per cent over the same period last year, despite challenges arising from the West Asia conflict, which impacted logistics and supply chains, according to an official statement issued on Monday. The growth was led by strong performance in iron ore, steel, fertilisers, and the Balance Other Goods se…
New Delhi, May 16 (IANS) India may be emerging as a global example of how developing economies can industrialise without first becoming deeply dependent on fossil fuels, according to a new analysis by energy think tank Ember.The report, written by energy experts Kingsmill Bond and Sumant Sinha cited by Forbes, argues that India’s rapid shift towards solar power, electrification and clean technologies could challenge the century-old model of economic development built around coal, oil and gas.F…
New Delhi, May 15 (IANS) Central Mine Planning & Design Institute Limited (CMPDI) has signed a Memorandum of Understanding with Mineral Exploration and Consultancy Limited (MECL) to facilitate cooperation between the two premier exploration agencies aimed at enhancing coal and mineral exploration for energy and non-energy minerals, according to a statement issued by the Ministry of Coal on Friday. The Memorandum of Understanding, signed at a review meeting held by Minister of State for Co…
Ahmedabad, April 29 (IANS) Adani Power Limited (APL), a part of Adani portfolio of companies, on Wednesday reported a sharp 64 per cent year-on-year (YoY) surge in its consolidated net profit to Rs 4,271 crore for the fourth quarter ended March 31 (Q4 FY26), driven by improved operational efficiency and lower tax outgo despite a volatile power demand environment.The company’s revenue for the quarter rose 10 per cent to Rs 15,989 crore, while EBITDA grew a robust 27 per cent to Rs 6,498 crore, …
Washington, April 22 (IANS) A Senate hearing on the US energy budget exposed deep partisan divisions, with officials backing fossil fuel support for reliability and critics accusing the administration of raising costs and cutting clean energy programmes.At the hearing of the Senate Energy and Natural Resources Committee, Energy Secretary Christopher Wright defended the administration’s strategy, saying the focus was on “delivering reliable, affordable and secure energy for the American peopl…