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MINISTRY OF HEAVY INDUSTRIES
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...- Cost benefit in the long run: India needs right energy, at the right place and at the right timeCritics question the market viability of Small Modular Reactors (SMRs) due to high costs compared to renewable energy. However, a full syst...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- China can build humanoids at scale. The hard part is finding enough buyersChinese companies are pushing ahead with humanoid robot production. These robots can perform tasks like directing traffic and making coffee...
- BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
- Rajesh Exports likely to lose PLI beneficiary status, face MCA probeRajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering...
- Putin faces rival visions of war and peace at Russia's 'Davos'Russia's future is debated at a key investment forum amidst the Ukraine war. Some leaders push for continued global confrontation with the ...
- Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut importsIndia is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
- Russia-Ukraine conflict: AFU keeps up assault on Russian oil infrastructure as Kyiv braces for more strikesUkrainian drones struck Russian oil facilities overnight. Fires broke out at an oil depot in Taganrog, in the Rostov gion and another in Ar...
- ArcelorMittal Nippon Steel India gets first PM-SETU nod; Andhra Pradesh leads industry-driven ITI overhaulArcelorMittal Nippon Steel India secured the first Strategic Investment Plan approval under the Pradhan Mantri Skilling and Employability T...
- India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
- Notification on blending isobutanol with diesel this year: Road secretary V UmashankarSpeaking at the CII Summit on Friday, road transport and highways secretary V Umashankar said since diesel consumption is almost two times ...
- SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
- Finmin pushes for wider local sourcing norm in incentive schemesThe move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure tha...
- Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity callMaruti Suzuki India Ltd is adopting austerity and efficiency measures. These steps aim to conserve fuel and reduce foreign exchange expendi...
- India to strengthen EV shield against oil imports with fresh subsidies: ReportThe government is set to significantly boost subsidies for electric two-wheelers. This move under the PM E-Drive scheme aims to promote cle...
- Interest subvention scheme likely for e-buses, e-trucks; Centre may earmark ₹6,960 crThe government is weighing cheaper loans and other incentives to help private operators buy electric buses and trucks, aiming to cut fossil...
- Kumaraswamy chairs consultation meeting to speed up adoption of e-buses & e-trucksUnion Minister HD Kumaraswamy convened a high-level consultation in New Delhi to accelerate the adoption of electric buses and trucks natio...
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