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New Delhi, Apr 8 (PTI) The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a sharp increase in the cost of the Rajasthan oil refinery project to Rs 79,459 crore, alongside additional equity support from Hindustan Petroleum Corporation Ltd (HPCL), as the government pushes to expand domestic refining and petrochemical capacity. The revised project cost of HPCL Rajasthan Refinery Ltd (HRRL) marks a significant jump from the earlier estimate of Rs 43,129 crore, according to an of ...Read More >
New Delhi, April 7 (SocialNews.XYZ) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank's $70 per barrel assumption, a report said on Tuesday. "Current oil prices are 50 per cent above RBI's assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening," the report from SBI Mutual Funds said. The AMC firm noted metals and mining a ...Read More >
New Delhi, Delhi, India - Business Wire India Sensodyne, Haleon's leading oral care brand, is strengthening its commitment to better oral health in India with the launch of its 'Know Your Dental Age' initiative, placing the concept of Dental Age at the forefront of proactive care. India continues to face a significant oral health gap, with 9 in 10 people experiencing dental issues and most seeking treatment only when symptoms become severe. To drive early awareness and encourage preventive habi ...Read More >
New Delhi [India], April 4 (ANI): The Centre continues to take necessary steps to ensure preparedness and smooth functioning across key sectors in view of the West Asia crisis, with 3700 raids conducted across the country to wipe out LPG black marketing, the Ministry of Petroleum and Natural Gas said in a release on Saturday. It said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and LPG across the country, in the context of the ongoing c ...Read More >
Bhubaneswar/Jharsuguda: Mahanadi Coalfields Limited (MCL) and Bharat Coal Gasification and Chemicals Limited (BCGCL) have signed a significant land leasing agreement for a Coal-to-Ammonium Nitrate project at Lakhanpur in Jharsuguda district. The ambitious project, designed as a 2000 tonnes-per-day (TPD) Ammonium Nitrate facility, marks a historic milestone as India's first coal gasification initiative to deploy indigenously developed technology by Bharat Heavy Electricals Limited (BHEL). This d ...Read More >
Stock markets end lower for 6th straight week over West Asia conflict Mumbai: Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week. Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday's close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 ...Read More >
Lucknow (Uttar Pradesh) [India], April 2: Reinforcing its commitment to strong dealer relationships, JK Cement hosted the latest edition of its flagship 'Gathbandhan' program in Lucknow, where the company rewarded 21 top-performing dealers with cars across key performance categories. Also Read | Kolkata Knight Riders vs Sunrisers Hyderabad, Live Score Updates, IPL 2026 Match 6. The event brought together leading dealers and channel partners from the region and was attended by Dr. Nidhipati Sin ...Read More >
New Delhi, Delhi, India - Sensodyne, Haleon's leading oral care brand, is strengthening its commitment to better oral health in India with the launch of its 'Know Your Dental Age' initiative, placing the concept of Dental Age at the forefront of proactive care. India continues to face a significant oral health gap, with 9 in 10 people experiencing dental issues and most seeking treatment only when symptoms become severe. To drive early awareness and encourage preventive habits, Sensodyne has par ...Read More >
New Delhi: In a significant push towards self-reliance in the energy and chemical sectors, Bharat Coal Gasification and Chemicals Limited (BCGCL) and Mahanadi Coalfields Limited (MCL) have signed a land leasing agreement for India's pioneering Coal to Ammonium Nitrate project at Lakhanpur in Odisha. The agreement was signed in New Delhi on Wednesday in the presence of Union Minister of Coal and Mines G Kishan Reddy. According to an official release, the project, over around 350 acres of MCL la ...Read More >
New Delhi [India], April 2 (ANI): Union Minister for Chemicals and Fertilisers JP Nadda on Thursday held discussions with Agriculture Ministers of states and Chief Ministers to review fertiliser availability, assuring them of full support amid concerns arising from the ongoing West Asia conflict, sources told ANI. The meeting comes at a critical time as global supply chains have been impacted due to ongoing geopolitical tensions in the Middle East, a key region for fertiliser imports and raw ma ...Read More >
Mumbai, April 2 (SocialNews.XYZ) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict. Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours. All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among ...Read More >
PRNewswire New Delhi [India], March 30: Sensodyne, Haleon's leading oral care brand, is strengthening its commitment to better oral health in India with the launch of its 'Know Your Dental Age' initiative, placing the concept of Dental Age at the forefront of proactive care. India continues to face a significant oral health gap, with 9 in 10 people experiencing dental issues and most seeking treatment only when symptoms become severe. To drive early awareness and encourage preventive habits, Se ...Read More >
New Delhi: The government is considering increasing financial support and other incentives for coal gasification, minister for coal and mines G Kishan Reddy said Wednesday. Coal gasification is an immediate substitute for some petroleum products and imported ammonia, Reddy said on the sidelines of an event to sign a land lease pact for Bharat Coal Gasification and Chemicals' upcoming project in Odisha. Describing coal gasification as a key transformative technology, Reddy said it converts coal ...Read More >
Ranchi: Apprehending that the fertiliser situation may worsen due to the West Asia, the state agriculture department has decided to deploy teams across the 24 districts to assess its availability and curb hoarding.Agriculture minister Shilpi Neha Tirkey said, "A team has been formed to analyse the situation and carry out a comparison between the consumption of fertilisers vis-a-vis last year and this year's requirement.""The state can only monitor the situation, conduct raids and lodge FIRs agai ...Read More >
New Delhi [India], April 1 (ANI): Union Minister G Kishan Reddy on Wednesday said that coal gasification can help India reduce imports of petrochemicals, crude oil and fertilisers, as the government pushes to scale up the sector through incentives and new investments. "We are importing petrochemicals, crude oil and fertiliser. All these things we can substitute through coal gasification projects," Reddy told reporters on the sidelines of a land leasing agreement for the Coal Gasification projec ...Read More >
New Delhi: The Department of Fertilisers exchanging Green Ammonia agreements for 11 projects under the National Green Hydrogen Mission will reduce carbon emissions and ensure long-term energy security and self-reliance, said Union Minister of Chemicals and Fertilisers, JP Nadda on Tuesday. He called the exchange of Green Ammonia Agreements a historic step in India's journey towards sustainable fertilizer production, adding that the initiative reflects the government's unwavering commitment to b ...Read More >
Synopsis: India's push to expand PNG infrastructure and blend green hydrogen signals a structural shift in energy. Supported by policy incentives and cost advantages, it creates long-term demand for gas and hydrogen players. Companies across production, transmission, and distribution stand to benefit, with early movers likely gaining the most from this transition. India is stepping up the shift towards cleaner sources of energy by investing in PNG infrastructure and launching green hydrogen ble ...Read More >
New Delhi, Mar 30 (PTI) Railway components maker Pioneer Fil-Med Ltd has filed draft papers with the markets regulator Sebi to raise Rs 500 crore through an Initial Public Offering (IPO). The proposed issue comprises a fresh issue of equity shares aggregating Rs 250 crore and an Offer For Sale (OFS) of shares worth Rs 250 crore by existing shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Sunday. The OFS includes stake sales by promoter Pioneer Facor IT Infradeveloper ...Read More >
New Delhi, Mar 30 (PTI) The widening conflict in West Asia has driven a sharp 60 per cent surge in feedstock natural gas prices for fertiliser plants which is expected to raise the government's subsidy burden. With the conflict disrupting energy supply lines, supply of natural gas -- a primary feedstock for producing ammonia, which is the building block for nitrogen-based fertilisers -- has been restricted to 80 per cent of the demand. To meet the deficit, fertiliser companies are buying lique ...Read More >
The Centre said Friday there is "adequate" fertiliser for the ensuing Kharif season and farmers have no cause for concern. Replying to a supplementary question asked by Congress member Manish Tewari, Union Fertiliser Minister J P Nadda said, "We have adequate storage and arrangements in place for the Kharif season; farmers have no cause for concern." "We are also looking for diversification, new markets, new areas, from which we will get raw materials, also for fertilisers. We have framed up o ...Read More >
New Delhi, Mar 30 (PTI) Union Chemicals and Fertilisers Minister J P Nadda on Monday said India has enough fertiliser stocks to meet domestic demand and urged farmers not to panic amid the ongoing crisis in West Asia. "Not only this crisis, India has seen several crisis. We are very much sufficient in fertiliser supply. There is no need to fear," Nadda said at the signing of a supply agreement on green ammonia between fertiliser companies and green ammonia developers. Describing the agreement ...Read More >
NEW DELHI, March 30 (Reuters) - India has adequate stocks of fertilizers and is tapping alternative sources to boost supplies for the summer-sown crops, a senior government official in the Ministry of Chemicals and Fertilizers said on Monday. The Gulf region accounted for about 20% to 30% of India's urea imports and 30% of Diammonium Phosphate (DAP) prior to the Iran war, Aparna Sharma, additional secretary in the ministry, told a media briefing. India expects to need 39 million metric tons of ...Read More >
Mumbai, Mar 30 (PTI) Bank credit to industry grew at faster pace of 13.5 per cent on the fortnight ending February 28, compared with 7.5 per cent in the year-ago period, according to the RBI data released on Monday. The buoyant growth is majorly driven by higher growth in 'infrastructure', 'all engineering', 'chemicals and chemical products', 'petroleum, coal products and nuclear fuels' and 'textiles', said the Reserve Bank of India (RBI). The RBI has released data on sectoral deployment of ba ...Read More >
Mumbai, Mar 30 (PTI) Bank credit to industry grew at faster pace of 13.5 per cent on the fortnight ending February 28, compared with 7.5 per cent in the year-ago period, according to the RBI data released on Monday. The buoyant growth is majorly driven by higher growth in 'infrastructure', 'all engineering', 'chemicals and chemical products', 'petroleum, coal products and nuclear fuels' and 'textiles', said the Reserve Bank of India (RBI). The RBI has released data on sectoral deployment of ba ...Read More >
Gandhinagar (Gujarat) [India], March 8 (ANI): Gujarat Chief Minister Bhupendra Patel approves works worth ₹1185 crore to upgrade road infrastructure in the Surat Economic Region (SER), the growth hub of South Gujarat. Patel has resolved to realise the vision of Viksit Bharat @2047 envisioned by Prime Minister Narendra Modi, by achieving Viksit Gujarat @2047 during the Amrit Kaal. To accelerate the state's holistic development, the Chief Minister established the Gujarat State Institution for Tr ...Read More >
Muscat - Indian business leaders and representatives of industry chambers have underlined the growing depth of India-Oman economic relations and pointed to significant growth opportunities across multiple sectors as Prime Minister Narendra Modi visits Oman on December 17-18. In a report published by ANI, Naveen Jindal, Chairman of Jindal Steel, said the Prime Minister Modi's visit has generated widespread enthusiasm in the sultanate. "This is a very big moment that India's Prime Minister, Nare ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi will lead a high-level investors' roadshow in Hyderabad on December 19 as part of the state government's push to attract fresh investments and position Odisha as a preferred industrial destination. The roadshow, to be held over two days, will focus on promoting investment opportunities in key sectors including automotive components, IT and electronics system design and manufacturing (ESDM), chemicals, green energy, pharmaceuticals and medica ...Read More >
Bhubaneswar: Odisha marked a major milestone in its industrial expansion with the signing of 45 Memoranda of Understanding (MoUs) worth ₹6,263 crore at the Odisha Pharma Summit 2025 in Bhubaneswar on Tuesday. The investment proposals are expected to generate 38,406 employment opportunities across the state, giving a significant boost to the pharmaceutical and medical devices sectors. The MoUs were signed in the presence of Chief Minister Mohan Charan Majhi at a programme held at Hotel Taj Vivan ...Read More >
New Delhi, Dec 16 (PTI) The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has not submitted any evaluation report on the adoption of nano urea despite the fertiliser being in the market for over four years, Parliament was informed on Tuesday. Responding to a written query by BJP MP Narhari Amin from Gujarat, Minister of State for Chemicals and Fertilisers Anupriya Patel said IFFCO has not sent any evaluation report regarding the adoption of nano urea. Meanwhile, sales of the product con ...Read More >
MUMBAI : Even amid a broader market sell-off, which saw foreign portfolio investors (FPIs) pull a net ₹3,765 crore from Indian equities in November, one sector stood out: telecommunications. The outflow came after FPIs turned net buyers in October, snapping a three-month selling streak. Yet, in a striking display of selective buying, FPIs channelled ₹14,326 crore into telecom stocks alone -- their strongest monthly inflow since April 2022, according to the latest data from National Securities D ...Read More >
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