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BusinessApr 08, 2026 09:17 PM

Business News | Indian Surpasses Brazil to Rank 3rd in World in Installed Renewable Energy Capacity:...

New Delhi [India], April 8 (ANI): Union Minister for New and Renewable Energy and Consumer Affairs, Food and Public Distribution, Pralhad Joshi, on Wednesday said India has surpassed Brazil to rank third globally, in Renewable Energy Installed Capacity, according to the Renewable Energy Statistics 2026, a press release by the Ministry of New and Renewable Energy said. Joshi said India's total power generation during 2025-26 (up to March 2026) reached 1,845.921 BU. The share of non-fossil fuels ...Read More >

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BusinessApr 08, 2026 08:57 PM

Steel consumption grows 7-8 pc in FY26 on strong demand from infra, manufacturing sectors

New Delhi, Apr 8 (PTI) The domestic consumption of finished steel grew by 7-8 per cent to 164 million tonnes in FY26 on the back of increased activity in infrastructure, construction, railways, and manufacturing sectors. The country's crude steel output grew by over 10.7 per cent to around 168.4 million tonnes during the financial year, reflecting sustained industrial momentum. "Domestic demand remained the key growth driver with finished steel consumption (164 MnT), expanding by about 7-8 per ...Read More >

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BusinessApr 08, 2026 08:00 PM

Govt increases LPG supply to industrial units in key sectors

New Delhi, April 8 (SocialNews.XYZ) The Centre on Wednesday announced that increase in the commercial LPG limit to 70 per cent of the pre-March 2026 bulk consumption level will be extended to industrial units in the pharma, food, polymer, agriculture, packaging, paint, uranium, heavy water, steel, seed, metal, ceramic, foundry, forging, glass, and aerosol sectors. The increase will be subject to an overall sectoral limit of 0.2 thousand metric tonnes per day. Besides, conditions regarding regi ...Read More >

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BusinessApr 08, 2026 07:41 PM

India News | All Indian Seafarers Safe, Maritime Operations Normal: Additional Secretary Mukesh Mang...

New Delhi [India], April 8 (ANI): Additional Secretary in the Ministry of Ports, Shipping and Waterways Mukesh Mangal, on Wednesday, said that all Indian seafarers in West Asia remain safe and maritime operations continue without disruption. He addressed a media briefing in the national capital, outlining key initiatives and developments undertaken by the Ministry of Shipping. Also Read | Assembly Elections 2026: Over 6.1 Crore Voters to Decide Fate of 296 Seats on April 9 Across Assam, Kerala ...Read More >

Mangalorean.com - Business - News Image
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BusinessApr 08, 2026 07:00 PM

Karnataka govt denies auto LPG shortage amid supply concerns, urges drivers not to panic - Mangalore...

Bengaluru: The Karnataka government on Wednesday clarified that there is no shortage of auto LPG in the state. The government has also further appealed to auto owners and drivers not to panic or believe in rumours, assuring them that there is adequate supply in the system. In a statement, the Food, Civil Supplies and Consumers' Affairs department stated that auto drivers across the state have reported hardship due to irregular availability of gas, with many spending hours at bunk stations inste ...Read More >

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BusinessApr 08, 2026 06:25 PM

Over 36 lakh MT of paddy procured in Kharif season: Bihar minister

Patna, Apr 8 (PTI) Bihar minister Leshi Singh on Wednesday said the state government has procured 36.79 lakh metric tonnes of paddy against a target of 36.85 lakh MT in the 2025-26 Kharif season. The procurement for rice stood at 12 lakh MT, short of the 25 lakh MT target for the season, she said. The food and consumer protection minister claimed that the rice procurement target is expected to be met by June 15. Talking to reporters here, Singh said, "For the 2026-27 Rabi marketing season, whe ...Read More >

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BusinessApr 08, 2026 06:24 PM

Coal stocks at thermal power plants at comfortable 55 MT, enough for 24 days: Govt

New Delhi, Apr 8 (PTI) Coal inventories at thermal power plants remained comfortable around 55 million tonnes as of Tuesday, sufficient for 24 days of uninterrupted power generation based on the average consumption over the last seven days, a senior coal ministry official said. The stock levels indicate "absolute no deficit" on the power generation side, coal Joint Secretary Sanjeev Kumar Kassi emphasised, allaying concerns over potential shortages amid rising summer demand. "Coal stock at the ...Read More >

Ommcom News - Business - News Image
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BusinessApr 08, 2026 06:23 PM

Energy Independence: Cabinet Okays Cost, Equity Investment Revision For HPCL Rajasthan Refinery | Na...

New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the revision of the HPCL Rajasthan Refinery Limited (HRRL) project cost from Rs 43,129 crore to Rs 79,459 crore and additional equity investment of Rs 8,962 crore by the Hindustan Petroleum Corporation Limited (HPCL). The total equity investment of HPCL after the increment will be Rs 19,600 crore, according to an official statement. HRRL is a 9 million metric tonnes per a ...Read More >

Ommcom News - Business - News Image
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BusinessApr 08, 2026 05:55 PM

Indian Steel Industry Clocks Robust 10.7 Pc Growth In 2025-26 | Business

New Delhi: India's steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025-26, consolidating its position as the world's second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday. Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7-8 per cent, driven by increased ac ...Read More >

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BusinessApr 08, 2026 05:49 PM

Cabinet approves near doubling of Rajasthan oil refinery cost to Rs 79,459 cr

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 >

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BusinessApr 08, 2026 05:45 PM

'India Has No Coal Shortage': Govt Assures Adequate Stocks, Stable Power Generation Amid Rising Dema...

New Delhi, April 8: Joint Secretary in the Ministry of Coal, Government of India, Sanjeev Kumar Kassi, on Wednesday, assured that there is no shortage of coal in the country and power generation remains stable. Kassi said, "We have sufficient coal stocks available in the country at mines, power plants, ports and transit, which can be made available to the consumers at very short notice." He further added that there is no deficit in power generation, stating, "We have absolutely no deficit on th ...Read More >

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BusinessApr 08, 2026 05:37 PM

India News | No Coal Shortage in Country, Power Generation Fully Stable: Jt Secy Coal Ministry | Lat...

New Delhi [India], April 8 (ANI): Joint Secretary in the Ministry of Coal, Government of India, Sanjeev Kumar Kassi, on Wednesday, assured that there is no shortage of coal in the country and power generation remains stable. Kassi said, "We have sufficient coal stocks available in the country at mines, power plants, ports and transit, which can be made available to the consumers at very short notice." Also Read | Sikkim State Lottery Result Today 6 PM Live: Dear Regal Wednesday Lottery Result ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 05:34 PM

PM Modi to inaugurate refinery in Rajasthan's Barmer on April 21: CM

Jaipur: Prime Minister Narendra Modi will visit Rajasthan on April 21 to inaugurate a refinery at Pachpadra in Barmer district, Chief Minister Bhajanlal Sharma has announced. "It is a matter of pride that the prime minister will visit Rajasthan to inaugurate the Pachpadra refinery," Chief Minister Bhananlal Sharma said on X late Tuesday night. The Greenfield Refinery-cum-Petrochemical Complex at Barmer was set up by HPCL Rajasthan Refinery Limited, which is a joint venture between the Hindusta ...Read More >

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BusinessApr 08, 2026 05:34 PM

Majhi calls for increased mineral output, industrial growth in Odisha

Bhubaneswar, Apr 7 (PTI) Odisha Chief Minister Mohan Charan Majhi on Tuesday urged mining leaseholders and industries to increase mineral production to meet the growing demand for iron ore amidst the state's rapid industrialisation. Presiding over a high-level meeting with mining leaseholders and industrialists, Majhi assured that the government would provide full support for mining activities. He called for enhanced production and dispatch, in line with the minimum mandatory limits under the ...Read More >

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BusinessApr 08, 2026 05:22 PM

PM to inaugurate 9-MMTPA HPCL-Rajasthan refinery on April 21

Jaipur, Apr 8 (PTI) Prime Minister Narendra Modi will inaugurate the HPCL-Rajasthan refinery at Pachpadra on April 21 -- a project that is expected to redefine the economy of western Rajasthan and emerge one of the country's largest integrated refinery-cum-petrochemical complexes. The inauguration of the refinery marks the culmination of a project whose journey has stretched over a decade and multiple governments. The 9 MMTPA project, whose cost has now more than doubled to around Rs 80,000 cr ...Read More >

Ommcom News - Business - News Image
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BusinessApr 08, 2026 05:02 PM

India Has Sufficient Coal Stock, Supply Adequate Amid West Asia Crisis | Nation

New Delhi: The government on Wednesday said that India currently has sufficient coal stocks at mines, with enough fuel available to meet power generation demand. Joint Secretary, Ministry of Coal, Sanjeev Kumar Kassi, said during an inter-ministerial briefing on recent developments in West Asia, that the government has asked coal companies to ensure adequate supply amid global uncertainties. The ministry has issued guidance to coal producers to keep supplies steady despite rising input costs, ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 08, 2026 04:57 PM

No coal shortage in country, power generation fully stable: Jt Secy Coal Ministry

New Delhi [India], April 8 (ANI): Joint Secretary in the Ministry of Coal, Government of India, Sanjeev Kumar Kassi, on Wednesday, assured that there is no shortage of coal in the country and power generation remains stable. Kassi said, "We have sufficient coal stocks available in the country at mines, power plants, ports and transit, which can be made available to the consumers at very short notice." He further added that there is no deficit in power generation, stating, "We have absolutely n ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 04:34 PM

Why India-bound Iran oil shipment rerouted mid-voyage to China? Centre explains

An Iran-bound crude shipment that was initially headed for India changed course mid-voyage and began moving towards China, sparking speculation that payment issues or sanctions-related hurdles may have forced the diversion. Now, the ministry of petroleum and natural gas stepped in to clarify that there are no payment problems calling such claims "factually incorrect." The reports of a possible fallout came after ship-tracking firm Kpler said that the Aframax tanker Ping Shun -- which had initia ...Read More >

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BusinessApr 08, 2026 04:13 PM

Don't pay attention to auto gas shortage rumours: Karnataka govt tells people

Bengaluru, Apr 8 (PTI) Karnataka government on Wednesday urged auto drivers, owners, and the public not to pay attention to any rumours regarding the shortage of auto gas. It stated that some private auto gas supply companies are experiencing a shortage; to remedy this, state-owned oil companies are supplying higher quantities of gas. "It has been noticed that some media outlets have published false reports that auto owners and drivers are standing in queues in front of auto gas stations in th ...Read More >

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BusinessApr 08, 2026 03:48 PM

LPG Supply Policy Update: Govt Announces 70% Supply Rule for Industries, Sets Sector Cap, Focus on C...

New Delhi, April 8: Amid rising tensions in the Middle East, the Indian government on Wednesday introduced a new formula for LPG allocation aimed at supporting critical sectors such as pharmaceuticals, food processing, and agriculture. According to the Ministry of Petroleum and Natural Gas, the revised policy will ensure bulk LPG supply to a wide range of industries, including pharma, food, polymers, agriculture, packaging, paints, steel, ceramics, glass, and aerosols. These sectors are conside ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessApr 08, 2026 03:34 PM

India To Receive First Iranian Crude Oil Cargo In 7 Years, Carrier Expected To Arrive This Week

India is set to receive its first Iranian crude oil shipment in seven years after temporary US sanctions relief, a report has claimed. India is poised to receive its first shipment of crude oil from Iran in seven years after the United States temporarily lifted sanctions on Iranian oil and refined products to address supply shortages, according to a Reuters report citing ship tracking data from LSEG and Kpler. State-run Indian Oil Corp (IOC), the country's largest refiner, has purchased the ca ...Read More >

Social News XYZ - Business - News Image
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BusinessApr 08, 2026 03:00 PM

Centre introduces new LPG allocation formula to support key industries amid Middle East tensions

New Delhi, April 8 (SocialNews.XYZ) Amid rising tensions in the Middle East, the Indian government on Wednesday introduced a new formula for LPG allocation aimed at supporting critical sectors such as pharmaceuticals, food processing, and agriculture. According to the Ministry of Petroleum and Natural Gas, the revised policy will ensure bulk LPG supply to a wide range of industries, including pharma, food, polymers, agriculture, packaging, paints, steel, ceramics, glass, and aerosols. These se ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 02:31 PM

NMDC hikes iron ore prices by up to 11.1 pc effective Apr 5

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 >

Asian News International (ANI) - Business - News Image
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BusinessApr 08, 2026 01:29 PM

Vedanta Chairman flags investment of USD 25 billion to boost Iron ore production and meet national s...

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 >

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BusinessApr 08, 2026 11:34 AM

MMTC-PAMP Launches Industry's First Organized Silver Buyback for Coins, Bars, and Jewellery - Newspa...

New Delhi, 8th April, 2026: MMTC-PAMP, India's only London Bullion Market Association (LBMA) Good Delivery gold and silver refiner, today announced the launch of the industry's first organized buyback offering for silver coins, bars and jewellery. MMTC-PAMP plans to offer this service at select retail stores across India. At present, MMTC- PAMP operates 17 stores for the recycling of gold in India and aims to extend its hassle-free buyback offering for silver across these centres. In the first ...Read More >

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BusinessApr 08, 2026 10:32 AM

Ministry of Heavy Industries holds pre-bid meet for rare earth magnet scheme; 25 firms participate

The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >

Economic Times - Business - News Image
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BusinessApr 08, 2026 10:14 AM

PM Modi to inaugurate refinery in Rajasthan's Barmer on April 21: CM

Jaipur: Prime Minister Narendra Modi will visit Rajasthan on April 21 to inaugurate a refinery at Pachpadra in Barmer district, Chief Minister Bhajanlal Sharma has announced. "It is a matter of pride that the prime minister will visit Rajasthan to inaugurate the Pachpadra refinery," Chief Minister Bhananlal Sharma said on X late Tuesday night. The Greenfield Refinery-cum-Petrochemical Complex at Barmer was set up by HPCL Rajasthan Refinery Limited, which is a joint venture between the Hindusta ...Read More >

The Star  - Business - News Image
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BusinessApr 08, 2026 09:36 AM

India rules out sugar export curbs, maintains duties on edible oils

NEW DELHI: India, the world's second-largest sugar producer, has no plans to curb sugar exports, Food Secretary Sanjeev Chopra said on Tuesday (April 7), as a fall in domestic consumption partly offset lower-than-expected output. The South Asian country has allowed exports of 1.59 million metric tonnes on the assumption production would exceed local demand. However, output is projected to fall below consumption for a second consecutive year due to weaker cane yields in the biggest producing st ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 09:34 AM

CleanMax commissions 185 MW wind-solar project in Gujarat; ₹165-cr revenue expected - CNBC TV18

The project is expected to add more than ₹165 crore annually to the company's revenue from FY27, once stabilised. Shares of CleanMax closed at ₹843.65 apiece, up 0.27% today, April 7. Clean Max Enviro Energy Solutions Ltd said on Tuesday, April 7, it has commissioned a 185 megawatt (MW) wind-solar hybrid project in Kalavad, Gujarat, as the renewable energy firm expands its portfolio in one of India's key industrial states. The project, developed over about 12 months, will supply power to 17 ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 09:34 AM

Ministry of Heavy Industries holds pre-bid meet for rare earth magnet scheme; 25 firms participate

The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...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.