Bhubaneswar:22/12/23: Odisha Mining Corporation has signed an MoU with Hindalco Industries for providing long-term raw material linkage for its project at Kansariguda in Rayagada district in the presence of CM Naveen Patnaik. The agreement will facilitate and speed up the work for a 2-million-tonne alumina refinery in Rayagada. CM called it a significant milestone in the journey of Odisha’s industrial ...
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Odisha CM presided over the ground-breaking ceremony for Aditya Alumina Refinery (HINDALCO) and Apparel Unit
Bhubaneswar:22/12/23:Odisha CM Naveen Patnaik presided over the ground-breaking ceremony for Aditya Alumina Refinery (HINDALCO) and Apparel Unit to be set up by Utkal Alumina Social Welfare Foundation. While the Alumina Refinery is coming up at Kansariguda, the Apparel complex will be set in Phulujuba village, both in Rayagada district. Joining the Bhumi Pujan ceremony of both projects, CM said that ...
Read More »Overall Coal Production likely to cross One Billion tonne- Minister Pralhad Joshi
Newdelhi:21/12/23:Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi said that by 2025 coal import for power sector will come down to 2 percent since domestic coal production has increased substantially. Addressing the launch function of the 9th round of commercial coal mine auction here yesterday, Shri Joshi complemented Coal India Ltd and subsidiary companies for the record ...
Read More »NTPC Group achieves its fastest-ever 300 Billion Units Electricity Generation
New Delhi: NTPC Group has achieved the fastest ever 300 Billion Units (BU) electricity generation on 18th December 2023. This milestone has been achieved in just 262 days in FY 2023-24, which is 18 days early as compared to the last financial year. In FY 2022-23, the company had crossed 300 BU generation on 5th January 2023. On a standalone basis, 256 ...
Read More »PM inaugurates Surat Diamond Bourse
The Prime Minister, Shri Narendra Modi inaugurated the Surat Diamond Bourse today in Surat, Gujarat. Before the program, the Prime Minister also visited Panchtatva Garden, viewed the Green Building of Surat Diamond Bourse & SPINE-4, and signed the visitor booklet. Earlier in the day, the Prime Minister had also inaugurated the new terminal building at Surat Airport. Addressing the gathering, ...
Read More »Lufthansa Group Airlines plan to resume flights to Tel Aviv
Germany:16/12/23:From January 8, 2024, the airlines of the Lufthansa Group plan to resume their flights to Tel Aviv. In a first phase, Lufthansa Airlines will initially offer four weekly flights from Frankfurt and three weekly flights from Munich. Austrian Airlines is planning eight weekly connections and SWISS five weekly flights. In a first step, the Lufthansa Group airlines will thus ...
Read More »India’s overall exports in November 2023 is estimated at USD 62.58 Billion; an increase of 1.23 percent over USD 61.82 Billion in November 2022
Newdelhi:15/12/23:India’s overall exports (Merchandise and Services combined) in November 2023* is estimated to be USD 62.58 Billion, exhibiting a positive growth of 1.23 per cent over November 2022. Overall imports in November 2023* is estimated to be USD 67.88 Billion, exhibiting a negative growth of (-) 6.16 per cent over November 2022. Table 1: Trade during November 2023* ...
Read More »India to host 27th WAIPA World Investment Conference in New Delhi
New Delhi:9/12/23: Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, and the current President of the World Association of Investment Promotion Agencies (WAIPA), under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), is set to host the 27th World Investment Conference (WIC) from December 11-14, 2023, at the India ...
Read More »Ministry of Defence inks contract worth Rs 588.68 Cr with Telecommunications Consultants India Limited for Digital Coast Guard project
Newdelhi:8/12/23:In alignment with the Government of India’s strategic vision for Digital Armed Forces, the Ministry of Defence has signed a contract with Telecommunications Consultants India Limited (TCIL) on 8 December 2023, at a total cost of Rs 588.68 crore, for the acquisition of Digital Coast Guard (DCG) project, under the Buy (Indian) category. A pivotal Initiative for the Indian Coast ...
Read More »Cabinet approves Additional allocation of Rs 2500 crore for continuation of Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit till 30.06.2024
Newdelhi:8/12/23:The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved an additional allocation of Rs 2500 Cr for continuation of Interest Equalisation Scheme till 30th June 2024. This would help exporters from identified sectors and all MSME manufacturer exporters to avail pre and post shipment Rupee export credit at competitive rates. Details: Benefit shall be continued till ...
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