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Nagpur: MOIL's latest provisional update reflects stable operational performance, with incremental gains in both production and sales during FY26. The company recorded total manganese ore production of 19.07 lakh metric tonnes for FY26, compared to 18.03 lakh metric tonnes in FY25. This increase indicates a gradual scaling of mining operations over the year. The consistent rise suggests operational stability and the company's ability to maintain output levels despite potential sectoral challeng ...Read More >
NEW DELHI: India does not plan to go ahead with auctioning deep-sea mining rights due to a lack of technological preparedness and expectations of a weak response from potential bidders, two sources familiar with the matter told Reuters. In November of 2024, India had announced the maiden auction of 13 offshore mineral blocks that included three lime mud blocks, three construction sands blocks and seven polymetallic nodules blocks in the first tranche. The blocks contained critical minerals, ...Read More >

NEW DELHI, April 1 (Reuters) - India does not plan to go ahead with auctioning deep-sea mining rights due to a lack of technological preparedness and expectations of a weak response from potential bidders, two sources familiar with the matter told Reuters. In November of 2024, India had announced the maiden auction of 13 offshore mineral blocks that included three lime mud blocks, three construction sands blocks and seven polymetallic nodules blocks in the first tranche. The blocks contained ...Read More >
KOLKATA: NavPrakriti, a lithium-ion battery recycling and refurbishment company, has announced a plan to partner with over 150 battery companies and original equipment manufacturers (OEMs) in the next three years. Through this, the company aims to create an extensive network for collecting, recycling, and refurbishing spent batteries, leveraging advanced technology and strategic industry collaborations to ensure safe, efficient, and environmentally responsible battery management across the value ...Read More >
NEW DELHI: According to industry estimates, India could need to recycle over 1.2 million EV batteries annually by 2030. This number is anticipated to exceed 14 million by 2040. The country braces for a significant rise in battery waste, spurred by the rapid adoption of electric vehicles (EVs), stationary energy storage for grid and renewable integration, telecom infrastructure, data centers, and consumer electronics. Kolkata-based NavPrakriti has started the operation of lithium-ion battery recy ...Read More >
Indian retail REITs are poised for significant growth, projected to reach Rs 60,000-Rs 80,000 crore by 2030, forming a substantial portion of the overall REIT market. As Grade A malls mature into stable assets, 2-3 new retail REITs are expected to launch, mirroring global trends where retail REITs are a key market component. Indian retail Real Estate Investment Trusts (REITs) could become a Rs 60,000-Rs 80,000 crore market by 2030, roughly 30-40% of India's overall REIT market, which is project ...Read More >

Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday directed officials to prepare a comprehensive report on the value of minerals available across the State, emphasising that value addition was key to generating higher revenues. Reviewing the functioning of the Mines Department and the Free Sand Policy at the Secretariat on Friday, the Chief Minister said Andhra Pradesh should emulate models like Odisha, which earns over ₹50,000 crore annually from minerals through value-added process ...Read More >

Mumbai : L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India's leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2025. Continuing the company's large deals momentum, this quarter recorded several new deal bookings, including one USD 50 Mn, three deals in USD 20-30 Mn range, and six USD 10+ Mn deals. "We commenced the fiscal year with strong momentum in large deals, continuing the trend from the previous quarters with both Eur ...Read More >

New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a mul ...Read More >

New Delhi/ Angul (Odisha) [India], July 4: Jindal Steel today announced a significant milestone in its strategic growth journey. The Government of Odisha has issued a Letter of Intent (LoI) to the Company for the grant of a 50-year Mining Lease for the Roida-I Iron Ore and Manganese Block, located in Keonjhar District. Spread across 104.84 hectares, this vital mineral resource significantly enhances Jindal Steel's raw material security and underscores its commitment to integrated and sustainable ...Read More >

New Delhi, Jul 4 (PTI) Jindal Steel on Friday said it has bagged a 50-year mining lease for the Roida-I iron ore and Manganese block located in Keonjhar district of Odisha. The company has secured a letter of intent (LoI) from the Odisha government for the grant of the said mining lease, Jindal Steel said in a statement. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 04, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. Spread across ...Read More >

New Delhi, Jul 3 (PTI) State-owned MOIL has reported around a 7 per cent year-on-year rise in its manganese ore output to 5.02 lakh tonnes in the April-June quarter, an official statement said Thursday. In June, MOIL recorded its highest-ever production of 1.68 lakh tonnes of manganese ore, marking a 2 per cent increase over the corresponding period last year, the Ministry of Steel said. "MOIL scales new heights in April-June, 2025. Registers record quarterly production since inception," it sa ...Read More >

New Delhi, Jul 3 (PTI) State-owned MOIL has reported around a 7 per cent year-on-year rise in its manganese ore output to 5.02 lakh tonnes in the April-June quarter, an official statement said Thursday. In June, MOIL recorded its highest-ever production of 1.68 lakh tonnes of manganese ore, marking a 2 per cent increase over the corresponding period last year, the Ministry of Steel said. Also Read | RBI Bank Holiday List for July 2025: Banks To Remain Closed on These Days This Month, Check Reg ...Read More >

New Delhi: India's largest manganese ore producer MOIL continued its robust growth trajectory with the highest-ever June production of 1.68 lakh tonnes of manganese ore, marking a 2 per cent increase over the corresponding period last year, according to an official statement released on Thursday. During the April-June quarter of 2025-26, MOIL has registered its best ever quarterly production of 5.02 lakh tonnes, higher by 6.8 per cent over the same period of the previous year. The government-o ...Read More >

Keonjhar: At least three persons were killed in a landslide triggered by heavy rain while extracting manganese illegally from a mine in Keonjhar district, police said Wednesday. The incident took place at a manganese mine near Bichakundi Dalpahar under Joda police limits when some people were illegally extracting minerals from the manganese mine Tuesday, they said. Deputy Inspector General of Police (DIG), Western Range, Brijesh Kumar Rai confirmed the incident and said: "One body was recovered ...Read More >
Keonjhar: Three persons died when an illegal manganese quarry collapsed under incessant rain in Keonjhar district on Tuesday evening. The incident took place near Bichakundi village in Baitarani reserve forest under Joda police station limits.The deceased were identified as Sandeep Purti (25), Guru Champia (18) and Kande Munda (19), all residents of Bichakundi village. The victims were daily wage labourers engaged in illegal manganese extraction from the Dalpahar mine.According to the police, co ...Read More >

New Delhi, 2 July 2025: Over the past couple of years, GCCs have been the primary growth driver of India's office market This growth has been fueled by cost optimization strategies, a skilled talent pool, rapid infrastructure development, favourable government policies, ease of doing business, and a supportive business environment. As per Vestian's latest report, GCCs accounted for 42% of the pan-India absorption in FY 2025, registering a marginal increase from 41% a year earlier. In terms of v ...Read More >

Chennai : TAFE, one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. The settlement encompasses the following key features: · Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in "Massey Ferguson" and related tra ...Read More >

Keonjhar, Jul 2 (PTI) At least three persons were killed in a landslide triggered by heavy rain while extracting manganese illegally from a mine in Odisha's Keonjhar district, police said Wednesday. The incident took place at a manganese mine near Bichakundi Dalpahar under Joda police limits when some people were illegally extracting minerals from the manganese mine on Tuesday, they said. Deputy Inspector General of Police (DIG), Western Range, Brijesh Kumar Rai confirmed the incident and said ...Read More >

Stocktwits - Indian markets opened firm on Wednesday, tracking mixed global cues, as optimism builds around a potential U.S.-India trade deal ahead of the critical July 9 deadline. The retail sentiment on Stocktwits for Nifty remained 'bullish'. Sectorally, it's a mixed bag with technology and metals leading the gains, while PSU banks and media stocks witnessed some selling pressure. IndusInd Bank (NSE:INBK) is the top Nifty loser, falling 3% as Goldman Sachs (NYSE:GS) downgraded it to 'Sell' ...Read More >
New Delhi: A 57-year-old retired telecom employee from Kishan Ganj, north Delhi, lost Rs 14 lakh in a "digital arrest" scam after cyber fraudsters, posing as Mumbai Police, threatened him with arrest over alleged bank fraud. Two suspects, Banshi Lal and Prem Kumar, both 20-year-old graduates from Barmer, Rajasthan, have been arrested.According to police, the case came to light when the victim filed a complaint via the National Cybercrime Reporting Portal (NCRP), stating he received a video call ...Read More >

New Delhi: Prime Minister Narendra Modi is packing for what could be the longest diplomatic journey of his decade-long premiership. Five countries. Eight days. Thousands of kilometres. A tour that promises more than handshakes and speeches, this is about placing India at the heart of the Global South's rising story. From the mineral-rich heartlands of Africa to the energy corridors of Latin America, Modi's route is carefully chosen. His first five-nation circuit in 2016 had the charm of high-le ...Read More >

BusinessWire India Chennai (Tamil Nadu) [India], July 1: TAFE, one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. The settlement encompasses the following key features: * Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title a ...Read More >

The index of mineral production for the mining and quarrying sector for March 2025 stood at 156.8, increasing by 0.4% over March 2024. Minerals like iron ore, manganese ore and zinc concentrate saw notable increase in production during March 2025 compared to March 2024. Production of iron ore rose by 5.7% to 25.9 million metric tonne (MMT) during the said period. Manganese ore production grew by 9.7% to 0.39 MMT and production of zinc concentrate rose by 5.5% to 0.19 MMT in March 2025 over March ...Read More >
New Delhi [India], December 4 (ANI): MOIL Limited, a Miniratna state-owned manganese-ore mining company, has recorded production of 1.63 lakh tonnes of Manganese Ore in November this year which is the best November performance since inception, the Ministry of Steel stated on Wednesday. The ministry said that during first eight months of FY'25, the company has recorded production of 11.80 lakh tonnes, which is higher by 8.46 per cent over corresponding period last year (CPLY). On the sales fron ...Read More >
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