SAIL achieves best sales turnover of over Rs 1 trillion during FY24
SAIL Chairman Amarendu Prakash addressed the shareholders in the meeting, held through a virtual platform.
SAIL Chairman Amarendu Prakash addressed the shareholders in the meeting, held through a virtual platform.
The combined Index of Eight Core Industries (ICI) increased by 6.1% (provisional) in July 2024 as compared to the Index in July 2023, the Ministry of Commerce & Industry said on Friday.
The number of electric vehicles (EVs) registered in FY24 increased significantly by 42.06 per cent as compared to FY23, the Parliament was told on Friday.
Odisha’s Mineral revenue has reached Rs 38,075 crore in 2022-23 providing the state adequate cushion for developmental spending, the official said.
The government is hoping to see an investment of Rs 15,900 crore under the PLI scheme for specialty steel against an investment commitment of Rs 21,000 crore in FY24, the steel ministry said in a statement.
In November, the index of eight core industries was 7.9%.
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The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
The Centre has restored the status quo as was prevailing prior to May 22 and withdrawn the export duty on iron ore lumps and fines below 58 Fe content, iron ore pellets, and the specified steel products, including pig iron.
They will also spend a total of about ¥340 billion to acquire power generation and transmission facilities within the mills — which are essential for steel production — from local companies as well as three port facilities in India.