Sona Comstar to Make Magnets in India, Cut Reliance on China
Monday, June 30, 2025
Union Finance Minister Nirmala Sitharaman has unveiled a new initiative aimed at fostering bio-manufacturing and bio-foundry to enhance the production of renewable energy and sustainable products aligning with India's ambitious net zero goals by 2070
Republican state attorneys general are criticizing their Democratic counterparts for urging President Joe Biden to shut down a major ammunition factory in Missouri.
The government has greenlit incentives totaling Rs 8,500 crore for coal gasification projects in a move aimed at reaching the ambitious target of gasifying 100 million tons of coal by 2023 in India.
The Ministry of Heavy Industries (MHI) announced on January 24 that it is initiating a re-bidding process for the Production Linked Incentives (PLI) linked to the manufacturing of 10 GWh Advanced Chemistry Cells (ACC).
Oil prices faced a decline in Tuesday's trading session, influenced by renewed concerns about increasing supply and the impact of a stronger dollar.
Larsen & Toubro (L&T) announced on Tuesday that its Heavy Engineering business vertical has successfully secured multiple orders, both domestically and internationally.