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Hyderabad: The city is set to see a major push to decongest one of its most important arterial routes, as the Greater Hyderabad Municipal Corporation (GHMC) plans a Rs 120 crore model corridor project on the road from Shaikpet to Masab Tank. The corridor links Gachibowli and the IT hub on the west to Mehdipatnam and the Old City area and is notorious for its traffic woes. The stretch between Tolichowki, Shaikpet, NMDC and Masab Tank regularly experiences congestion owing to a heavy volume of ve ...Read More >
Hyderabad: The city is set to see a major push to decongest one of its most important arterial routes, as the Greater Hyderabad Municipal Corporation (GHMC) plans a Rs 120 crore model corridor project on the road from Shaikpet to Masab Tank. The corridor links Gachibowli and the IT hub on the west to Mehdipatnam and the Old City area and is notorious for its traffic woes. The stretch between Tolichowki, Shaikpet, NMDC and Masab Tank regularly experiences congestion owing to a heavy volume of ve ...Read More >
New Delhi, Apr 6 (PTI) State-owned NMDC has increased the prices of iron ore by up to 11.1 per cent, according to a regulatory filing. The company, which is the country's largest iron ore producer, has increased the prices with effect from April 5, 2026. As per the regulatory filing, the prices of Baila Lump -- high-grade (65.5 per cent Fe) iron ore lump produced by the company from the Bailadila mines in Chhattisgarh, have been increased by 10.4 per cent. While prices of Baila Fines -- high- ...Read More >
New Delhi [India], April 8 (ANI): The domestic iron ore production sector will require an investment of USD 20-25 billion or more to achieve national steel production targets and ensure self-reliance, according to Vedanta Group Chairman, Anil Agarwal. He noted that this scale of capital expenditure is essential to ramp up production to 800 million tonnes, which is needed to support the overarching goal of producing 300 million tonnes of steel within the country. Agarwal said on X that at the cu ...Read More >
Average salary increments across India Inc. are expected to remain largely stable at 9.1 per cent in 2026, marginally higher than the 9 per cent increase recorded in 2025, according to the "Deloitte India Talent Outlook 2026" report released by Deloitte on Monday. The survey, conducted between January and February 2026, gathered responses from organisations across seven sectors and 27 sub-sectors in India, primarily from chief human resources officers and senior HR leaders. The report also rec ...Read More >
New Delhi [India], April 3 (ANI): The Ministry of Steel-owned NMDC has registered its highest-ever iron ore production output at 53 million tonnes in the Financial year 2025-26, the Ministry of Steel said in a press release on Thursday. The ministry noted that NMDC has emerged as the first company in the India mining history to surpass the 50 million tonnes annual production mark. The company's iron ore production jumped 51% on year to 5.35 million tonnes in March and posted a growth of a robus ...Read More >
New Delhi, April 2 (IANS) India's largest iron ore producer and miner, NMDC achieved a production of 53.15 MT of iron ore in FY26, becoming the first company in India's mining history to surpass the 50 MT annual production mark, the government said on Thursday. The company produced 5.35 MT and sold 5.90 MT of iron ore in the month of March 2026, marking exceptional growth of 51 per cent and 40 per cent, respectively over the previous year, an official statement said. The total production durin ...Read More >
New Delhi, Apr 2 (PTI) State-run iron ore producer NMDC has reported a record production of 53 million tonnes (MT) of ore in the just-concluded 2025-26. The company's total sales of iron ore, a key raw material for steel manufacturing, reached 50.23 MT. The company's production was 21 per cent higher compared to 44.07 MT in FY25, while sales grew 13 per cent from 44.40 MT in 2024-25. The PSU produced 5.35 million tonnes (MT) and sold 5.90 MT of iron ore in March. "NMDC...has achieved a histo ...Read More >
New Delhi, Nov 20 (PTI) Parents and friends of a Class 10 student who ended his life over alleged mental harassment by some teachers staged a protest outside the St Columba's school on Thursday, demanding strict action against the accused teachers and accountability from the private school. There was no immediate reaction from the school administration to the allegations. The victim student's aunt claimed the family had been unaware of the extent of his suffering. "He was depressed for so lon ...Read More >
Bhubaneswar: Union Minister for Steel and Heavy Industries H D Kumaraswamy on Thursday inaugurated a two-day workshop (Chintan Shivir) in Bhubaneswar for an intensive dialogue on the future of India's steel industry. In his address, Kumaraswamy expressed gratitude to Prime Minister Shri Narendra Modi for his strategic leadership, guiding the domestic steel industry on a path of resilience and growth. He underlined the pivotal role of the steel sector in nation-building and reiterated the govern ...Read More >
India's largest iron ore producer, NMDC, had previously reset the prices of the key raw material of steel on August 1 to ₹6,100 for Baila Lump and ₹5,250 for Baila Fines. State-owned miner NMDC has reduced iron ore prices by ₹550 per tonne of Baila Lump and by ₹500 for the same quantity of Fines effective October 22. Revising the prices after almost three months, the company said the new, per tonne price of Baila Lump is ₹5,550, while that of Baila Fines is ₹4,750. These are FOR pri ...Read More >
New Delhi: State-owned NMDC on Wednesday said it has slashed prices of iron ore lump and its fines by Rs 550 and Rs 500 per tonne, respectively, with immediate effect. It has fixed the price of lump ore at Rs 5,550 per tonne and fines at Rs 4,750 a tonne, the country's largest iron ore miner said in a regulatory filing. Lump ores or high-grade iron ores contain 65.5 per cent iron content, while fines are inferior-grade ores with 64 per cent or less iron content. In the last price revision annou ...Read More >
She said the Centre has increased the MSP of various food grains and pulses. Union Finance Minister Nirmala Sitharaman during her visit to Karnataka assured the farmers of all assistance to improve their income from agriculture. Speaking at the inauguration of the Farmers Training and Common Facility Centre at Jawalgera village of Raichur district in Karnataka, the Finance Minister said farmers have been provided soil health cards and fertilizers along with financial assistance through various ...Read More >
Asset reconstruction companies (ARCs) in India acquired stressed loans worth Rs 16,876 crore in the first quarter ended June 2025 (Q1FY26), marking a 22 per cent year-on-year (Y-o-Y) growth. They had acquired stressed loans -- non-performing assets (NPAs) plus loans with dues of up to 90 days -- worth Rs 13,852 crore in April-June 2024 (Q1FY25), according to data from the Association of ARCs in India. The association flagged the risk of rising stress in the system due to the adverse fallout of ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) Public sector mining major NMDC has recorded a 42.4 per cent jump in iron ore production to 3.09 million tonnes (MT) in July this year, compared to the corresponding figure of 2.17 MT in the same month last year. The company's sales of iron ore rose 13.07 per cent to 3.46 MT in July, from 3.06 MT in the same month of the previous year. Iron ore production in the company's Chhattisgarh division surged 54.92 per cent year-on-year to 1.89 MT during the month, whi ...Read More >
Bhubaneswar: Following the self-immolation of a college student in Balasore, the school and mass education department on Thursday issued a directive to all district education officers (DEO)s to strictly implement measures ensuring the safety of women employees at workplaces and to create a secure environment for students in schools.The department instructed that helpline numbers related to women's safety be prominently displayed in all schools, hostels, and govt offices. These include the women ...Read More >
Chikkamagaluru: Chikkamagaluru: To ease weekend congestion and mitigate environmental risks in the Mullayanagiri area, the district administration has imposed restrictions on vehicle movement. Vehicles will now be allowed in two slots every day.A total of 1,200 vehicles will be permitted daily in two slots. In the first slot, between 6am and 12 noon, 600 vehicles will be allowed. The same number of vehicles will be permitted in the second slot, between 1pm and 6pm, said deputy commissioner CN Me ...Read More >
New Delhi, Jul 9 (PTI) Metal stocks ended lower on Wednesday amid concerns after US President Donald Trump unveiled sweeping new measures, including a 50 per cent tariff on copper. Shares of Hindustan Copper dropped 3.76 per cent, Bhagyanagar India declined 3.03 per cent and ND Metal Industries slipped 2.15 per cent on the BSE. The stock of Hindustan Zinc declined 2.56 per cent, Hindalco lost 1.92 per cent, National Aluminium Company went lower by 1.90 per cent, Tata Steel dipped 1.82 per cent ...Read More >
They say workers have supported the 17-point charter of demands of the strike, called against Union Government's policies About 30-40 crore workers and farmers will participate in the general strike on Wednesday (July 9, 2025), claimed leaders of 10 central trade unions in New Delhi on Monday (July 7, 2025) while addressing a joint press conference. The leaders said preparations for the strike were complete and workers had supported the 17-point charter of demands of the strike, called against ...Read More >
Bengaluru : India's largest iron ore producer, NMDC Limited, has reported its highest-ever June month production since Inception. The company produced 3.57 MnT of iron ore in June 2025, registering a 5% growth over June 2024. It also achieved record sales of 3.58 MnT during the same period. This robust performance sustained NMDC's record-breaking momentum in Q1 FY26, delivering its best-ever first quarter with cumulative production of 11.99 MnT, a 31% increase over 9.19 MnT in Q1 FY25 and sales ...Read More >
New Delhi, Jul 2 (PTI) State-owned NMDC has reported a record 31 per cent jump in its iron ore production to 11.99 million tonnes (MT) in the April-June quarter of 2025-26 compared to 9.19 MT in the year-ago period, according to a statement. Its sales rose by 14 per cent to 11.51 MT in the first quarter of FY26 compared to 10.07 MT in the first quarter of 2024-25, the company said in the statement on Wednesday. Also Read | How Is the Next Dalai Lama Chosen? Know How the Successor of the 14th D ...Read More >
New Delhi, Jul 2 (PTI) State-owned iron ore producer NMDC is actively evaluating offshore acquisitions of critical mineral blocks, its CMD Amitava Mukherjee said adding it will strengthen the company's presence in the global value chain. Critical minerals like antimony, lithium, cobalt, copper are essential for clean energy technologies like solar panels, wind turbines, EVs, and energy storage systems. India has launched the National Critical Mineral Mission (NCMM) to ensure their long-term ava ...Read More >
New Delhi, Jul 2 (PTI) State-owned iron ore producer NMDC is actively evaluating offshore acquisitions of critical mineral blocks, its CMD Amitava Mukherjee said adding it will strengthen the company's presence in the global value chain. Critical minerals like antimony, lithium, cobalt, copper are essential for clean energy technologies like solar panels, wind turbines, EVs, and energy storage systems. India has launched the National Critical Mineral Mission (NCMM) to ensure their long-term ava ...Read More >
Hyderabad (Telangana) [India], July 1 (ANI): NMDC, India's largest iron ore producer, marked a significant milestone with the inauguration of its new international office in Dubai, UAE on Tuesday. This strategic expansion fortifies NMDC's global presence and propels its vision to become a multinational mining powerhouse, the company said in a release. Also Read | Mawra Hocane, Saba Qamar and Few Pakistani Actors' Instagram Accounts Now Visible in India but Fawad Khan, Mahira Khan Remain Banned ...Read More >
NEW DELHI: The Nifty Bank index traded negative around 11:08AM(IST)on Tuesday in an upbeat market. IDFC First Bank Ltd.(up 3.57 per cent), Au Small Finance Bank Ltd.(up 1.36 per cent), Kotak Mahindra Bank Ltd.(up 0.74 per cent) and HDFC Bank Ltd.(up 0.32 per cent) were among the top gainers. Axis Bank Ltd.(down 2.54 per cent), Bank of Baroda(down 1.83 per cent), Canara Bank(down 1.06 per cent), Punjab National Bank(down 0.63 per cent) and ICICI Bank Ltd.(down 0.61 per cent) were the top losers ...Read More >
NEW DELHI: The Nifty Auto index traded positive around 10:09AM(IST)on Tuesday in an upbeat market. Mahindra & Mahindra Ltd.(up 1.07 per cent), MRF Ltd.(up 0.52 per cent), Balkrishna Industries Ltd.(up 0.49 per cent), TVS Motor Company Ltd.(up 0.43 per cent) and Eicher Motors Ltd.(up 0.4 per cent) were among the top gainers. Bosch Ltd.(down 0.53 per cent), Ashok Leyland Ltd.(down 0.37 per cent), Bharat Forge Ltd.(down 0.3 per cent) and Samvardhana Motherson International Ltd.(down 0.18 per cent ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police pers ...Read More >
Mumbai, June 7 (UNI) Snapping two week losing Streak Sensex surged 737.98 points or 0.90 per cent to settle at 82,188.99 during the week ended June 6,2025, as the Reserve Bank of India's surprise 50 basis points rate cut and a shift in its monetary policy stance from accommodative to neutral. Easing inflation outlook and strong Q4 FY25 GDP growth of 7.4 per cent boosted investor confidence, signalling a stable and supportive economic environment. Broader markets outperformed, reflecting renewed ...Read More >
NEW DELHI, June 2 (Reuters) - India's key iron ore producer NMDC (NMDC.NS), opens new tab is testing a new pricing formula for its output to shield its profits from the volatilities reflected in global benchmarks, a source with direct knowledge of the matter told Reuters. State-run NMDC, which sells its output locally, currently releases monthly iron ore prices linked to inventories, international prices and domestic market dynamics. The company plans to launch the new formula after initial tr ...Read More >
Hyderabad, January 02, 2025: State miner NMDC determined to reach the 50 MT milestone in FY25 recorded its best ever December month production since inception. In December 2024, NMDC produced 4.71 MT, achieving a 5.13% growth over CPLY, and sold 3.91 MT. The company reported cumulative production of 30.77 MT and cumulative sales of 31.80 MT by the end of CY2024. Despite the cumulative figures dipping marginally compared to the previous year, NMDC's exceptional third quarter performance conserve ...Read More >
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