State-owned Bharat Sanchar Nigam Ltd (BSNL) has reported an annual increase in its Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) to Rs 2,164 crore for FY24. Minister of State for Communications Pemmasani Chandra Sekhar stated in a written reply in the Lok Sabha that, as a result of government packages and measures, BSNL and…
Coal India Limited (CIL) has successfully secured its first domestic critical mineral asset, emerging as the preferred bidder for the Khattali Chotti graphite block in Alirajpur district, Madhya Pradesh. This milestone was achieved during the tranche two forward auction held on July 9 by the Ministry of Mines. This venture marks CIL’s initial foray into…
The Airports Authority of India (AAI) has announced its plan to develop a greenfield airport in Kota, Rajasthan. A tripartite Memorandum of Understanding (MoU) has been signed between AAI, the Urban Development Department of Rajasthan, and the Civil Aviation Department of Rajasthan. The signing took place in the presence of Bhajanlal Sharma, Chief Minister of…
After a significant global IT outage on Friday, airline operations have returned to normalcy with all online services such as ticket bookings, reservations, and boarding passes now fully functional. An airline executive said, “All operations have been restored. Our services, including bookings and reservations, are fully online since late Friday evening. The system is back…
In June, India’s merchandise exports grew by 2.56%, reaching USD 35.2 billion, as indicated by government data released on Monday. However, the trade deficit for the month increased to USD 20.98 billion. This export growth is primarily attributed to higher inbound shipments of crude oil, pulses, and electronic goods, resulting in a 5% rise in…
Uttarakhand and Kerala have emerged as the top-performing states in NITI Aayog’s SDG India Index 2023-24, which evaluates the progress of states and union territories on social, economic, and environmental parameters. Bihar has been adjudged the worst performer. According to NITI Aayog’s SDG India Index 2023-24, India’s overall Sustainable Development Goal (SDG) score increased to…
The Ministry of New and Renewable Energy (MNRE) has unveiled the guidelines for the second tranche of its Green Hydrogen incentive scheme, committing a substantial Rs 13,050 crore towards fostering sustainable energy solutions. Named the “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme – Component II: Incentive Scheme for Green Hydrogen Production (under Mode 1)-…
The Solar Energy Corporation of India (SECI) plans to issue a tender for 500 megawatts (MW) of solar thermal capacity by the end of the fiscal year 2024-25, according to Chairman and Managing Director R P Gupta. Speaking at the India Energy Storage Week 2024, organized by the India Energy Storage Alliance (IESA), Gupta highlighted…
India’s coal production in June 2024 recorded a significant year-on-year increase of 14.5%, reaching 84.63 million tonnes (MT), up from 73.92 MT in June 2023. During the same period, Coal India Limited (CIL) achieved a coal production of 63.10 MT, marking an 8.87% growth from 57.96 MT in the previous year. Coal production from captive…
French aviation giant Dassault Aviation SA is acquiring land near Jewar International Airport to set up a Maintenance, Repair, and Overhaul (MRO) facility for India’s Mirage 2000 and Rafale fighters, according to sources quoted by Hindustan Times. This move aims to facilitate local manufacturing of the latest Rafale versions, fulfilling the Indian Air Force’s (IAF)…
