A coal shortage in India has caused sponge iron makers to scour the globe for supplies to keep their mills going, adding to inflationary pressures as they rely on more expensive imports. According to Managing Director V.R. Sharma, Jindal Steel & Power Ltd., which is running its sponge iron facilities at 40% capacity due to
READ MOREThe total number of COVID-19 vaccine doses delivered in the country surpassed 190.33 crores on Sunday, according to the Union Health Ministry. Until 7 p.m. on Sunday, more than 11 lakh (11,93,312) vaccination doses had been administered. With the compilation of the final reports for the day by late night, the daily vaccination tally is
READ MOREAccording to persons acquainted with the situation, India is considering reducing tariffs on various edible oils to chill the home market after the war in Ukraine and Indonesia’s restriction on palm oil exports caused prices to rise. India, the world’s largest importer of vegetable oils, is trying to reduce the agriculture infrastructure and development cess
READ MOREMumbai reported 117 new coronavirus positive cases on Wednesday, the city’s highest one-day total since February 25, bringing the city’s overall count to 10,60,187, according to the city municipal authority. The mortality toll in Mumbai remained steady at 19,563 as no one died from the infection in the recent 24 hours, according to a bulletin
READ MOREAccording to figures updated Wednesday by the Union Health Ministry, India reported 3,205 new coronavirus infections in a single day, bringing the total number of active cases to 19,509 and the overall tally to 4,30,88,118. In addition, according to the data posted at 8 a.m., 31 fatalities were reported in 24 hours, bringing the total
READ MOREOn Monday, Germany and India inked a series of bilateral agreements aimed at promoting sustainable development, with the South Asian country receiving 10 billion euros ($10.5 billion) in aid by 2030 to increase the use of clean energy. Prime Minister Narendra Modi inked the agreements during his visit to Berlin. Germany’s Chancellor Olaf Scholz is
READ MOREAccording to data published on Monday by the Union Health Ministry, India’s Covid case positive rate surpassed 1% for the first time in over two months, as the country saw a single-day increase of 3,157 infections and 26 fatalities. According to the data, the increase on Monday brought the total number of Covid cases and
READ MORERK Singh, the electricity minister, claimed on April 28 that there is a power shortage in several states because payments to generation companies have not been made. According to Singh, several governments were not lifting indigenous coal on a war footing, instead of increasing fuel imports and enabling high fuel costs to be passed through. “The
READ MOREIndia plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. “The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile),” she said. India’s Finance Minister, Nirmala Sitharaman, stated that the country’s goal is to
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