Industries

Coal Demand To Surpass Supply In 2021-22, Says Government

Coal Demand To Surpass Supply In 2021-22, Says Government

Press Trust of India | Sunday May 29, 2022, New Delhi

While the overall coal demand in 2022-23 is expected to be 1,029 million tonnes, the domestic supply is expected to be 974 million tonnes

Amid Power Shortage, Coal India To Import For First Time Since 2015

Amid Power Shortage, Coal India To Import For First Time Since 2015

Reuters | Sunday May 29, 2022, NEW DELHI

State-run Coal India, the world's largest coal miner, will import the fuel for use by utilities, a power ministry letter seen by Reuters showed

ONGC's 2021-22 Net Profit Soars 258% To Rs 40, 306 Crore

ONGC's 2021-22 Net Profit Soars 258% To Rs 40, 306 Crore

Press Trust of India | Sunday May 29, 2022, New Delhi

ONGC Profit: On the back of the best-ever price it earned on crude oil it produces, ONGC reported a record net profit of Rs 40,305 crore in 2021-22

NMDC Records 24% Growth In Production During 2021-22

NMDC Records 24% Growth In Production During 2021-22

Edited by Animesh Singh | Saturday May 28, 2022

Steel Ministry's entity NMDC recorded 24 per cent production growth as it produced 42.19 million tonnes of iron ore in 2021-22

Mahindra & Mahindra March Quarter Profit Rises Five-Fold To Rs 1,192 Crore

Mahindra & Mahindra March Quarter Profit Rises Five-Fold To Rs 1,192 Crore

Press Trust of India | Saturday May 28, 2022, Mumbai

Mahindra & Mahindra on Saturday reported nearly five-fold jump in standalone profit at Rs 1,192 crore for quarter ended March 31, 2022

Won't Make Vehicles In India Until Allowed To Sell Locally: Elon Musk

Won't Make Vehicles In India Until Allowed To Sell Locally: Elon Musk

Press Trust of India | Saturday May 28, 2022, New Delhi

Tesla & Elon Musk: Tesla will not manufacture its products locally unless it is allowed to sell and service its cars in India

No Decision Yet On Jet Fuel Tax Cut, Say Government Sources

No Decision Yet On Jet Fuel Tax Cut, Say Government Sources

Press Trust of India | Wednesday May 25, 2022, New Delhi

Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel to bring down prices

Coal India March Quarter Profit Rises 46% To Rs 6,693 Crore

Coal India March Quarter Profit Rises 46% To Rs 6,693 Crore

Press Trust of India | Wednesday May 25, 2022, New Delhi

Coal India Limited on Wednesday posted a 45.9 per cent rise in its consolidated net profit at Rs 6,692.94 crore for the quarter ended March, 2022

India's Paper Exports Jump 80% To Rs 13,963 Crore In 2021-22

India's Paper Exports Jump 80% To Rs 13,963 Crore In 2021-22

Press Trust of India | Wednesday May 25, 2022, New Delhi

Exports of paper and paperboard from India jumped nearly 80 per cent in 2021-22, touching a record Rs 13,963 crore

Power Finance Corporation March Quarter Profit Soars 10% To Rs 4,295 Crore

Power Finance Corporation March Quarter Profit Soars 10% To Rs 4,295 Crore

Press Trust of India | Wednesday May 25, 2022, New Delhi

Power Finance Corporation on Wednesday posted a nearly 10 per cent rise in the consolidated net profit at Rs 4,295.90 crore

Airtel Chief Sunil Mittal Hopes For Supply Chain Restoration

Airtel Chief Sunil Mittal Hopes For Supply Chain Restoration

Press Trust of India | Wednesday May 25, 2022

"Some businesses have moved on, but at a much higher cost. I really hope that we bring sanity back to supply chains at the soonest," Mr Mittal said

States' Role Vital For Emission Intensity Reduction By 45% Till 2030: Power Minister

States' Role Vital For Emission Intensity Reduction By 45% Till 2030: Power Minister

Edited by Animesh Singh | Wednesday May 25, 2022

Power Minister R K Singh on Wednesday directed state governments to set up state-level steering committees for energy transition

Bank of India March Quarter Profit Soars 142% To Rs 606 Crore

Bank of India March Quarter Profit Soars 142% To Rs 606 Crore

Press Trust of India | Tuesday May 24, 2022, Mumbai

Bank of India on Tuesday reported a 142.31 per cent rise in standalone profit after tax at Rs 606 crore in the quarter ended March 2022

Coal Production Rose To 34 Million Tonnes Till May 15

Coal Production Rose To 34 Million Tonnes Till May 15

Edited by Animesh Singh | Tuesday May 24, 2022

Domestic coal production went up to 33.94 million tonnes in the first half of May, a growth of 36.23 per centover last year

Crude Oil Output Fell 1% In April

Crude Oil Output Fell 1% In April

Press Trust of India | Tuesday May 24, 2022, New Delhi

India's crude oil production fell 1 per cent in April after lower output from fields operated by private sector wiped away gains by firms like ONGC