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The Pioneer - Business - News Image
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BusinessApr 07, 2026 06:52 AM

HRERA Orders Chintels India to Pay Rs 4 Crore Compensation for Faulty Gurugram Flats

Haryana Real Estate Regulatory Authority (HRERA) has ordered builder Chintels India Pvt Ltd to pay compensation of over Rs 4 crore to a homebuyer, who had filed a complaint after a fatal structural collapse in Tower D revealed widespread construction defects. The complaint was filed by Delhi resident Aruna Garg, who had purchased a 4 BHK flat in Tower C of the project located in Sector 109. According to her complaint, she paid approximately Rs 1.8 crore, more than the agreed price, and took pos ...Read More >

ODISHA BYTES - Business - News Image
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BusinessApr 06, 2026 10:22 PM

Jindal Steel Sets Up World's First Coal Gasification DRI Plant, Uses Syngas To Counter Natural Gas, ...

New Delhi: Jindal Steel achieved a global first by establishing India's first coal gasification-based Direct Reduced Iron (DRI) plant, using syngas for iron-making. In response to shortages of natural gas, LPG and propane, Jindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces, marking the first such application in the steel industry. Jindal Steel has also injected syngas into its blast furnace, reducing dependence on imported coking coal and lowering car ...Read More >

NewsDrum - Business - News Image
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BusinessApr 06, 2026 07:15 PM

West Asia crisis: Maharashtra officials say no shortage of fuel, LPG supply stable

Mumbai, Apr 6 (PTI) The Maharashtra government on Monday said there is no shortage of petroleum products in the state amid the West Asia crisis and asked people to avoid panic buying. The state had faced challenges in LPG supply due to dependence on imports from Gulf countries, but the situation is now improving with calibrated policy measures by the Union government, Additional Chief Secretary (Food and Civil Supplies) Anil Diggikar asserted. Addressing a joint press briefing, he said, "Petro ...Read More >

NewsDrum - Business - News Image
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BusinessApr 06, 2026 05:38 PM

Government e-Marketplace facilitates orders worth Rs 5.03 lakh crore in 2025-26

New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >

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BusinessApr 06, 2026 05:12 PM

India's Jindal Steel lifts syngas use on propane crunch

Mumbai, 6 April (Argus) -- Indian producer Jindal Steel has started using synthesis gas (syngas) at its galvanizing and colour coating units to offset natural gas and propane shortages, the company said today. Jindal was previously using syngas to produce direct-reduced iron (DRI), but has now extended its use to downstream operations, a spokesperson told Argus. The shift comes in response to shortages of natural gas and propane stemming from the US-Iran war, which has hampered India's coated ...Read More >

LatestLY - Business - News Image
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BusinessApr 06, 2026 02:40 PM

Business News | India's Metal & Mining Sector Set for Earnings Recovery Despite Geopolitical Headwin...

New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 06, 2026 02:32 PM

India's metal & mining sector set for earnings recovery despite geopolitical headwinds: Anand Rathi

New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >

Abtak.com - Business - News Image
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BusinessApr 06, 2026 01:34 PM

War in West Asia makes auto dealers 'constructively cautions' about future

After a specular performance in FY26 including that of March 2026, automobile dealers now remain "constructively cautious" about the future as the war in West Asia is threatening growth. "The broader operating environment is clouded by the West Asia situation. Our survey reveals that 53.2% of dealers have experienced some form of supply or dispatch disruption linked to the ongoing conflict, with 17.1% reporting significant delays of three or more weeks," Federation of Automobile Dealers Associa ...Read More >

Economic Times - Business - News Image
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BusinessApr 06, 2026 12:59 PM

Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore project

New Delhi: Mesabi Metallics Company LLC, an Essar Group company, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota. The latest funding follows a previously announced USD 520 million senior secured credit facility from Breakwall Capital, adding to a series of financing moves for the project, which has also received backing from the US Export-Import Bank, th ...Read More >

NewsDrum - Other Business - News Image
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OtherBusinessApr 06, 2026 12:34 PM

Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPG

New Delhi, Apr 6 (PTI) Jindal Steel on Monday said it has deployed syngas in galvanising and colour coating line furnaces to counter the shortage of natural gas, LPG and propane, enabling the company to sustain operations amid supply disruptions. Syngas, or synthesis gas, is a clean-burning fuel that offers a way to convert waste and biomass into valuable energy, acting as a circular energy source. The innovative switch to syngas -- produced through gasification of coal -- has allowed the comp ...Read More >

NewsDrum - Business - News Image
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BusinessApr 06, 2026 12:32 PM

Mesabi Metallics secures USD150 mn from Macquarie for Minnesota iron ore project

New Delhi, Apr 6 (PTI) Mesabi Metallics Company LLC, an Essar Group company, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota. The latest funding follows a previously announced USD 520 million senior secured credit facility from Breakwall Capital, adding to a series of financing moves for the project, which has also received backing from the US Export-Imp ...Read More >

The Straits Times - Business - News Image
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BusinessApr 06, 2026 11:13 AM

India car dealers warn Iran war may hit supplies

NEW DELHI - India's car dealers on April 6 warned of possible supply or dispatch disruptions in the near term as the Middle East conflict drove up raw material costs, even as the fiscal year's total sales hit a record high. The broader operating environment is clouded by the conflict, the Federation of Automobile Dealers Associations (FADA) said in a statement. The war has pushed up oil and gas prices, raising fuel and logistics costs across the auto supply chain, while also driving up prices ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 06, 2026 09:22 AM

Jindal Steel Sets Up World's First Coal Gasification DRI Plant, Boosting Self-Reliance

New Delhi: Jindal Steel is positioning itself at the forefront of India's energy transition in steelmaking by scaling coal gasification technologies across its operations. The company has achieved a global first by setting up India's first coal gasification-based Direct Reduced Iron plant, using syngas derived from domestic coal for iron-making. This move represents a shift away from conventional fuel sources and underscores a strategic push toward self-reliance. By tapping into indigenous coal ...Read More >

Abtak.com - Other - News Image
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OtherApr 06, 2026 05:30 AM

With Elphinstone ROB razing, the city bids adieu to another British-era bridge

Mumbai: The sound of firecrackers greeted residents near Parel and Prabhadevi stations early in the morning on Sunday as Central Railway and the Maharashtra Rail Infrastructure Development Corporation (MRIDC) authorities and workers celebrated the demolition of the British-era Elphinstone road over bridge (ROB). The ROB had served as a key east-west connector for 115 years. The demolition required an additional 90 minutes beyond the 6.5-hour mega block announced earlier, inconveniencing rail co ...Read More >

Abtak.com - Other - News Image
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OtherApr 06, 2026 04:33 AM

Trial run of one-way traffic around KBR Park shows promise, flags gaps

A two-hour experimental one-way traffic system around the 390-acre Kasu Brahmananda Reddy (KBR) national park on Sunday offered a glimpse into how Hyderabad's ambitious Hyderabad City Innovative & Transformative Infrastructure (H-CITI) project could reshape movement in one of city's busiest corridors. Traffic police officials identified a few issues that must be addressed before a full rollout. The trial, conducted between 11 a.m. and 1 p.m. across a stretch covering KBR Main Gate, Basavataraka ...Read More >

Deccan Chronicle - Other - News Image
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OtherApr 06, 2026 01:48 AM

Motorists Puzzled as Traffic Police Conduct One-Way Trial Run Around KBR Park

Hyderabad: Many motorists appeared puzzled during the experimental two-hour trial of one-day traffic on roads adjacent the KBR Park at Jubilee Hills on Sunday, despite the wide publicity given for the event which began at 11 am. Traffic police were examining the possibility of implementing one-way traffic on the roads to facilitate the construction of a steel flyover and an underpass as part of the Hyderabad City Innovative & Transformative Infrastructure (H-CITI) project. City police commissio ...Read More >

Business Standard - Business - News Image
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BusinessApr 06, 2026 12:25 AM

SAIL's Rourkela plant posts record output across key units in FY26

Rourkela Steel Plant (RSP), a unit of the Maharatna company Steel Authority of India Limited (SAIL), has registered its best-ever performance in 2025-26, achieving record output across key production units and setting new benchmarks in techno-economic efficiency. Sources said the plant posted its highest-ever April-March performance in blast furnace operations, with both blast furnace-1 and 5 recording peak production levels. Blast furnace-1 produced 10.7 lakh tonnes of hot metal, while blast f ...Read More >

ETV Bharat News - Business - News Image
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BusinessApr 05, 2026 03:39 PM

Uttarakhand Issues Revised SOP For Allocation Of Commercial LPG Cylinders

Dehradun: Given the shortage in LPG supply due to the US and Israel war on Iran, the Uttarakhand government has issued new guidelines for the distribution of commercial cylinders. In the revised standard operating procedure (SOP), LPG cylinders will now be allocated under the 66% quota. Issued by the Secretary for Food, Civil Supplies, and Consumer Affairs, Anand Swarup, the order shall remain in effect until further notice. Following an increase in the commercial LPG allocations to states by t ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 05, 2026 03:27 PM

Kandla Port logs record cargo handling in FY26, advances green push with methanol bunkering

New Delhi [India], April 5 (ANI): On the occasion of 63rd National Maritime Day, Deendayal Port Authority said it has achieved a historic milestone of handling 160.11 million metric tonnes (MMT) of cargo in FY 2025-26, the highest-ever cargo volume handled by any major port in India. The announcement was made during a press meet chaired by Sushil Kumar Singh, who highlighted the port's key achievements and strategic initiatives aimed at strengthening India's maritime sector. "It is a matter of ...Read More >

ODISHA BYTES - Politics - News Image
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PoliticsApr 05, 2026 03:00 PM

UP Youth Forced To Join Russian Army; Killed In Ongoing War With Ukraine

Rampur (UP): He went to Russia in search of employment, but had not bargained for the kind of job he would land. This 22-year-old from Mawasi village in Uttar Pradesh's Rampur, got inducted into the Russian Army and was shot dead in the country's ongoing war with Ukraine. Mohd Shaved's body reached Rampur on Saturday evening. His family said that he had gone abroad to work and not to join the Army. His joining the Russian Army was under coercive circumstances, they claimed, as reported by TOI. ...Read More >

Abtak.com - Other Politics - News Image
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OtherPoliticsApr 05, 2026 01:34 PM

Mumbai-Ahmedabad bullet train: Tunnel work in advanced stages, 5km stretch excavated, says NHSRCL

Work has now moved to the installation of critical systems inside the tunnel, the NHSRCL said in a statement. "The 21-km tunnel between Bandra Kurla Complex in Mumbai and Shilphata includes a 5-km NATM section between Ghansoli and Shilphata, where excavation has been completed, paving the way for subsequent construction activities," it said. A drainage system is being developed using specialised casting gantries to ensure safe collection and channelization of seepage water, while waterproofing ...Read More >

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BusinessApr 05, 2026 01:26 AM

ECoR area change won't impact revenue: Minister

Bhubaneswar: Amid the row over transfer of Ichchapuram-Palasa section from Khurda Road railway division to the proposed Visakhapatnam division of South Coast Railway (SCoR), commerce and transport minister Bibhuti Bhusan Jena on Saturday said the new administrative arrangement will not compromise Odisha's interest in any manner.Protecting Odisha's interests and strengthening railway connectivity is our priority. "Not even an inch of Odisha's railway track will go to any other state. Since there ...Read More >

NewsDrum - Entertainment - News Image
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EntertainmentApr 04, 2026 09:44 PM

From Balangir to Bangkok: Quadruple amputee Payal's journey from despair to double gold

Kolkata, Apr 4 (PTI) 'Na kha payegi, na chal payegi... isse toh bhala isko zeher de do." Those were the cruel words neighbours and relatives hurled at Payal Nag's family in Balangir in Odisha after she lost all four limbs to electrocution as a child in 2015. On Saturday evening in Bangkok, the same girl, now 18, stood ''tall' on the global stage, winning double gold at the World Archery Para Series in a journey that has turned pain into purpose and silence into a statement. Payal stunned India ...Read More >

Social News XYZ - Business - News Image
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BusinessApr 04, 2026 06:46 PM

SAIL provides 4,000 tonnes of steel for 'INS Taragiri' warship

New Delhi, April 4 (SocialNews.XYZ) The Steel Authority of India Limited (SAIL) has played a pivotal role in the construction of 'INS Taragiri' -- the fourth stealth frigate under Project 17A -- which was commissioned into the Indian Navy recently, the Maharatna PSU said on Saturday. The 6,670-tonne frigate was commissioned in the presence of Defence Minister Rajnath Singh at Visakhapatnam. Designed by the Navy's Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited, the vessel ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 04, 2026 06:28 PM

SAIL Supplies 4,000 Tonnes Of Steel For INS Taragiri, Boosting Indian Navy's Stealth Frigate Under P...

New Delhi, April 4: The Steel Authority of India Limited (SAIL) has played a pivotal role in the construction of 'INS Taragiri' -- the fourth stealth frigate under Project 17A -- which was commissioned into the Indian Navy recently, the Maharatna PSU said on Saturday. The 6,670-tonne frigate was commissioned in the presence of Defence Minister Rajnath Singh at Visakhapatnam. Designed by the Navy's Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited, the vessel is equipped for ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 04, 2026 02:59 PM

"Fully prepared with sufficient coal stocks to meet demand": CIL Chairman B Sairam amid West Asia co...

Korba (Chattisgarh) [India], April 4 (ANI): Coal India Limited (CIL) Chairman and MD B Sairam on Saturday assured that the company is fully prepared to meet energy demands and bridge supply gaps for power plants amidst the ongoing West Asia crisis. Speaking to ANI, Sairam said that while gas-based power generation is impacted, CIL holds sufficient coal stocks to support the power sector and industries like steel, confirming no disruptions in production. "The recent crisis has mainly affected g ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessApr 04, 2026 04:24 AM

Congress hits out at Centre over rising prices

Bengaluru: With a fresh round of price revisions set to take effect, deputy chief minister DK Shivakumar and AICC general secretary Randeep Singh Surjewala Tuesday stepped up criticism of the Centre, alleging inflation was placing an increasing burden on households. The duo said prices of some 900 essential medicines, including those used for diabetes, hypertension and infections, would rise from Wednesday, the start of a new financial year. Questioning annual revisions and tax policies, they al ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 03, 2026 08:01 PM

NMDC registers highest ever production output of 53 MT in FY26

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 >

LatestLY - Business - News Image
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BusinessApr 03, 2026 07:08 PM

Business News | India, Vietnam Have Strong Opportunities in Textile, Investment Cooperation Amid Glo...

Hyderabad (Telangana) [India], April 3 (ANI): India and Vietnam have significant opportunities to deepen cooperation in investment and the textile sector, a senior Vietnamese trade official said, highlighting the growing economic ties between the two countries. Bui Trung Thuong, Trade Counsellor and Head of Trade Office at the Embassy of Vietnam, told ANI that both nations, particularly regions like Telangana, offer strong potential for business collaboration. Also Read | OpenAI Acquires TBPN. ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 03, 2026 06:30 PM

India, Vietnam have strong opportunities in textile, investment cooperation amid global challenges: ...

Hyderabad (Telangana) [India], April 3 (ANI): India and Vietnam have significant opportunities to deepen cooperation in investment and the textile sector, a senior Vietnamese trade official said, highlighting the growing economic ties between the two countries. Bui Trung Thuong, Trade Counsellor and Head of Trade Office at the Embassy of Vietnam, told ANI that both nations, particularly regions like Telangana, offer strong potential for business collaboration. "We found that there are huge opp ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.