Author: Aruna Sharma

(CNBC TV18) NBCC (India) Ltd said it has won a new order worth ₹82.08 crore from Lokpal of India. It is for the renovation, interior works of the Lokpal premises at Vasant Kunj in New Delhi. On another note, NBCC Chairman and MD K P Mahadevaswamy told that the company aims to achieve around ₹5,000 crore in revenue in the first year that is 2025-26 (FY26) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) partnership. NBCC has signed a memorandum of understanding (MoU) with MAHAPREIT to jointly undertake various consultancy, EPC, fee-based, and redevelopment projects across Maharashtra. The agreement, signed…

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(PTI) Commerce and Industry Minister Piyush Goyal on Saturday said a German company from the chemical sector has decided to invest $1.5 billion in India, and a state has identified land for the project. Though the minister did not disclose the name of the company or the state, he said that the company’s head is expected to meet the state’s chief minister on Sunday. The company will “have the allotment of land in his hand, and we will have a billion-and-a-half dollars of foreign direct investment coming into the country over the next 12 months”, Goyal said at a session…

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(Business Standard) Prime Minister Narendra Modi has conveyed deep condolences for the lives lost in Myanmar’s devastating earthquake during a conversation with the country’s Junta chief, Senior General Min Aung Hlaing. Taking to X (formerly Twitter), PM Modi wrote, “Spoke with Senior General H.E. Min Aung Hlaing of Myanmar. Conveyed our deep condolences at the loss of lives in the devastating earthquake. Reaffirming India’s commitment to helping its neighbour, he said, “As a close friend and neighbour, India stands in solidarity with the people of Myanmar in this difficult hour.” “Disaster relief material, humanitarian assistance, search & rescue teams are…

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(TV9 Bharatvarsh) देश में बढ़ते पेट्रोल और डीजल की कीमतों में एक राहत भरी खबर सामने आई है. पेट्रोल और डीजल की कीमतों में कटौती हो सकती है. इसकी जानकारी खुद देश के पेट्रोलियम मंत्री हरदीप सिंह पुरी ने दी है. उन्होंने कहा कि अगर वैश्विक स्तर पर कच्चे तेल की कीमतें इसी तरह निचले स्तर पर बनी रहती हैं, तो आने वाले समय में पेट्रोल और डीजल सस्ता हो सकता है. पेट्रोलियम मंत्री ने कहा कि अगर ग्लोबल लेबल पर कच्चे तेल की कीमत अभी की तरह रही तो देश में पेट्रोल और डीजल के दाम में कमी देखने…

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Four Indian state firms are in talks with Chilean miner SQM to acquire a 20 per cent stake in its two lithium projects in Australia for $600 million, four sources said, in New Delhi’s biggest effort to secure supplies of the key EV battery metal. Government-backed Khanij Bidesh India Ltd (KABIL) has partnered with Coal India, Oil India, and ONGC Videsh to seek the 20 per cent stake in SQM’s Mount Holland and Andover lithium projects in Western Australia, the sources said. The sources did not wish to be named as the deliberations were not public. SQM is the world’s…

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(PTI) The Madhya Pradesh High Court on Thursday allowed the state government to dispose of the chemical waste from the defunct Union Carbide factory in Bhopal at a Pithampur plant after it was told that a trial incineration did not cause any adverse consequences. The four-decade-old hazardous waste shall be disposed of in a safe manner at the plant in Dhar district within 72 days, said a division bench of Chief Justice S K Kait and Justice Vivek Jain. The government had asked for 72 days to complete the process.

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(PTI) Credit to industry expanded by 7.3 per cent in the fortnight ended on February 21, 2025, compared with 8.4 per cent in the year-ago period, according to Reserve Bank data released on Thursday. Among major industries, outstanding credit to ‘petroleum, coal products and nuclear fuels’, ‘all engineering’, ‘construction’, and ‘paper & paper products’ recorded an accelerated y-o-y growth, it said. Credit to agriculture and allied activities registered a growth of 11.4 per cent (y-o-y) as on the fortnight ended February 21, 2025 (20 per cent for the corresponding fortnight of the previous year).

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National Highways Infra Trust (NHIT), the Infrastructure Investment Trust (InvIT) set up by NHAI in 2020 to support the Government of India’s monetization programme has successfully concluded fourth round of fund-raising at an Enterprise Value of about Rs.18,380 crore, making it the largest monetization transaction in the history of Indian roads sector. With completion of this round, the total realized value across the four rounds stands at over Rs. 46,000 crore. In this round, NHIT has successfully raised ~Rs. 8,340 crore in unit capital from marquee domestic and international investors along with Rs. 10,040 crore in debt from domestic lenders.…

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Ministry of Skill Development and Entrepreneurship (MSDE) has been implementing its flagship scheme, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), since 2015 to impart skill development training through Short-Term Training (STT) and up-skilling and re-skilling through Recognition of Prior Learning (RPL) to youth across the country. Under the PMKVY scheme, since its inception in 2015 till 31.12.2024 a total of 1,60,33,081 candidates have been trained/ oriented. Placements were tracked under Short Term Training (STT) component of PMKVY in the first three versions of the scheme which is PMKVY 1.0, PMKVY 2.0 and PMKVY 3.0 implemented from FY 2015-16 to FY 2021-22.…

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In furtherance to the first-ever Commercial Coal Mine Auctions launched by Prime Minister Shri Narendra Modi on 18.06.2020, the Ministry of Coal is poised to launch the 12th round of Commercial Coal Mine Auctions on March 27, 2025. This initiative marks another significant step toward enhancing domestic coal production, reducing imports, and ensuring long-term energy security for the nation. Union Minister of Coal and Mines, Shri G. Kishan Reddy, will grace the occasion as the Chief Guest, while Union Minister of State, Shri Satish Chandra Dubey, will be the Guest of Honour. Under round 12, a total of 25 coal…

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