(FE) In an attempt to accelerate underground coal mining, the government on Thursday introduced incentives such as waiving off the upfront payment and a reduction in floor revenue share for the investors. The move comes in line with the government’s goal of sustainable development and modernisation of the coal ecosystem. Underground mining is a capital- and tech-intensive activity. The share of underground mines in India’s coal production continues to be very low, despite efforts being taken to give a boost to the sector that holds tremendous potential. While the domestic coal output crossed 1 billion tonnes in FY25, the share…
Author: Aruna Sharma
(PIB) India Steel 2025 was inaugurated today at the Bombay Exhibition Centre with a dynamic Day 1 that set the tone for three days of ground breaking dialogues, collaborations, and innovations. The biennial event, jointly organized by the Ministry of Steel, Government of India, and FICCI (Federation of Indian Chambers of Commerce and Industry), has once again cemented its status as the country’s premier platform for the steel industry. The inaugural session was addressed by Hon’ble Prime Minister Shri Narendra Modi through a video message and he emphasized India’s strategic vision to enhance domestic steel production, reduce carbon emissions, and…
(HT) The escalating global trade war stoked by US tariffs may open up new business opportunities for India’s solar industry, according to local manufacturers. Steep barriers on Chinese goods and the latest round of duties targeting solar exports from four South East Asian nations hosting Chinese factories are set to squeeze China’s dominant companies out of the US solar market. That may boost India’s export prospects, especially for solar cells that the US needs to feed its growing module making capacity. Trade tensions “could prove to be a net positive for India,” said Deepesh Nanda, president of the Indian Solar…
(HT) Heat wave conditions are likely to continue over Central India and plains of northwest India until April 29, with eastern regions affected until April 26, the India Meteorological Department (IMD) has warned. Maximum temperatures are expected to rise gradually by 2-3°C across northwest and east India over the coming week, while the northeast braces for heavy rainfall until April 27. “Winds have changed to westerly and north-westerly direction so we are expecting a gradual increase in temperatures. Heat wave conditions may set in. Delhi is likely to record up to 42°C maximum temperature. Heat wave is expected over parts…
(HT) The maximum temperature in the Capital is expected to rise by two to three degrees Celsius by the weekend due to a combination of clear skies and dry westerly winds, the India Meteorological Department (IMD) said, as it issued a yellow alert for a possible heatwave on Friday and Saturday. On Wednesday, Delhi clocked a maximum of 39.6°C, which was two degrees above normal. According to forecasts, the maximum is set to be in the 40-42°C range on Friday and Saturday, officials said. “A gradual rise in temperature is expected…with the maximum possibly touching 42-43°C by Saturday,” an IMD…
(HT) To address the acute shortage of Magnetic Resonance Imaging (MRI) machines in Delhi’s 36 government hospitals — a gap that often pushes patients toward expensive private diagnostics — Delhi health minister Pankaj Singh said on Wednesday that a proposal to roll out MRI services across all state-run hospitals will be placed before the cabinet on Thursday. If cleared, the health department will float tenders for procurement and installation of MRI machines, enabling patients to access the crucial scans free of charge. Around 20 hospitals are expected to receive the machines in the first phase. More details will be shared…
(HT) India unveiled a raft of punitive diplomatic measures against Pakistan on Wednesday, suspending the 1960 Indus Waters Treaty, downgrading bilateral ties, and shutting down the Attari checkpost, as it hit back at Islamabad over the brazen terror attack near Pahalgam that killed 26 tourists. New Delhi’s retaliatory measures were decided at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi a day after terrorists gunned down a group of tourists in a picturesque meadow, marking the worst attack on civilians in the restive region in nearly two decades. “It [CCS] resolved that the…
(PIB) Union Home Minister and Minister of Cooperation Shri Amit Shah today paid his last respects to the deceased of yesterday’s Pahalgam terror attack. Union Home Minister said that Bharat will not bend to terror and the culprits of this dastardly terror attack will not be spared. Shri Amit Shah also met families of victims of the Pahalgam terror attack. He said that every Indian feels the pain of losing loved ones in the terrorist attack in Pahalgam and this sorrow cannot be expressed in words. Union Home Minister visited the site of the Pahalgam terror attack and took a…
(PIB) India is poised to lead the global economy once again, with the International Monetary Fund (IMF) projecting it to remain the fastest growing major economy over the next two years. According to the April 2025 edition of the IMF’s World Economic Outlook, India’s economy is expected to grow by 6.2 per cent in 2025 and 6.3 per cent in 2026, maintaining a solid lead over global and regional peers. The April 2025 edition of the WEO shows a downward revision in the 2025 forecast compared to the January 2025 update, reflecting the impact of heightened global trade tensions and growing uncertainty Despite this slight…
(PIB) Prime Minister Shri Narendra Modi will visit Bihar on 24th April. He will travel to Madhubani and at around 11:45 AM, he will participate in a programme marking National Panchayati Raj Day. He will also inaugurate, lay the foundation stone and dedicate to the nation multiple development projects worth over Rs 13,480 crore, and address the gathering on the occasion. Prime Minister will participate in the National Panchayati Raj Day programme in Madhubani, Bihar. He will also present National Panchayat Awards, recognizing and incentivizing best-performing Panchayats on the occasion. Prime Minister will lay the foundation stone of an LPG…