The company also said in its official statement that it has become the first Indian company to post a net worth exceeding Rs 10 trillion.
India is on a trajectory to achieve steel production capacity of 300 million tonnes (MT) and a per capita consumption of 160 kg by 2030, according to the government.
NMDC Steel Limited (NSL) has crossed a major operational milestone by producing over two million tonnes of hot metal in the financial year 2024–25 at its integrated steel plant in Nagarnar, Chhattisgarh.
India's business activity ended FY25 on a strong note, with the manufacturing sector posting a robust expansion in sales and production during March, driven by a rising demand for goods.
The Ministry of Coal said on Wednesday that the total coal production from captive and commercial mines for the financial year 2024-25 has reached 167.36 million tonnes (MT) as of February 2025.
In a significant move during her Union Budget speech, Finance Minister Nirmala Sitharaman has allocated Rs 6.81 lakh crore to the defence sector for FY25, marking a modest increase from last year’s allocation of Rs 6.21 lakh crore. This reflects the government’s unwavering focus on fortifying India’s defence capabilities.
ICICI Bank reported a 14.8% year–on–year (Y-o-Y) increase in net profit to Rs 11,792 crore in the quarter-ended December (Q3FY25), due to steady growth in net interest income (NII) and a robust increase in non-interest income, according to an official release.
India's seafood exports have crossed the Rs 60,000 crore mark in FY24-25 to date, according to latest government data.
Rating agency ICRA has projected that the revenue of the Indian construction companies for the financial year 2024-25 is estimated to grow at 8-10 per cent, slower in comparison to a growth of 12-15 per cent during previous years.
Foreign Direct Investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally.
