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NMDC Revises Iron Ore Prices Amid Record Production Milestone

NMDC Revises Iron Ore Prices Amid Record Production Milestone

NMDC Revises Iron Ore Prices Amid Record Production Milestone
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India's Apparel Industry Faces Challenges Amidst Rivals' Export Growth

India's Apparel Industry Faces Challenges Amidst Rivals' Export Growth

India's Apparel Industry Faces Challenges Amidst Rivals' Export Growth
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Odisha Launches School Awareness Drive for Digital Census 2027

Odisha Launches School Awareness Drive for Digital Census 2027

The Directorate of Census Operations in Odisha has initiated a 'Census Week' in schools to promote awareness and participation in the upcoming Census 2027. This initiative is part of the digital self-enumeration process that began on April 1, marking India's first digital census. Students are encouraged to act as information ambassadors, spreading awareness within their communities to ensure accurate data collection. The self-enumeration phase allows citizens to submit their details online until April 15, reducing reliance on physical surveys. Governor Hari Babu Kambhampati was the first to complete self-enumeration, setting a precedent for public participation. The census questionnaire includes 33 questions covering various socio-economic aspects. Following the digital phase, house listing operations will occur from April 16 to May 15, with trained enumerators verifying and collecting data.
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Odisha Initiates School Awareness Drive for Digital Census 2027

Odisha Initiates School Awareness Drive for Digital Census 2027

The Directorate of Census Operations in Odisha has launched an initiative to promote awareness about the upcoming Census 2027 through a 'Census Week' in schools. This effort is part of the digital self-enumeration process that began on April 1, 2026. The initiative aims to engage students as information ambassadors to encourage accurate data collection within their families and communities. The digital self-enumeration allows citizens to submit their details online until April 15, reducing the need for physical surveys. Governor Hari Babu Kambhampati was the first to complete the self-enumeration, setting an example for public participation. The census questionnaire includes 33 questions covering various socio-economic aspects. Following the digital phase, house listing operations will occur from April 16 to May 15, involving trained enumerators visiting households to verify and collect data.
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India seen holding rates as 'Goldilocks' phase gives way to stress

India seen holding rates as 'Goldilocks' phase gives way to stress

By Jaspreet Kalra MUMBAI, April 6 (Reuters) - India’s central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran, which threatens the South Asian economy and has battered its currency and bond markets.
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Market Valuation of Top Indian Firms Declines Amid Global Uncertainties

Market Valuation of Top Indian Firms Declines Amid Global Uncertainties

The market valuation of six out of the top ten most valued firms in India saw a significant decline, amounting to Rs 64,734.46 crore, during a holiday-shortened week. Bharti Airtel experienced the largest drop, losing Rs 29,993.07 crore in market capitalization. This decline reflects broader market weaknesses, as the BSE Sensex fell by 263.67 points and the NSE Nifty by 106.5 points. The market was affected by escalating US-Iran tensions and rising crude oil prices, which led to broad-based selling pressure. Despite a mid-week recovery due to easing geopolitical concerns and softer oil prices, volatility remained high due to fluctuating global cues, foreign institutional outflows, rupee weakness, and inflation concerns.
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India's services growth slows to 14-month low as Middle East war hits demand, PMI shows

India's services growth slows to 14-month low as Middle East war hits demand, PMI shows

BENGALURU, April 6 (Reuters) - India's services sector grew at its weakest pace in 14 months in March as the Middle East war dampened domestic demand, a survey showed on Monday, though overseas orders hit a near record while input cost pressures were at their most intense since mid-2022.
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Hindustan Copper Achieves Record Operational Gains Amid Global Challenges

Hindustan Copper Achieves Record Operational Gains Amid Global Challenges

Hindustan Copper Achieves Record Operational Gains Amid Global Challenges
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India Struggles to Compete in Apparel Exports Amid Rivals' Growth

India Struggles to Compete in Apparel Exports Amid Rivals' Growth

India Struggles to Compete in Apparel Exports Amid Rivals' Growth
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U.S.-India Partnership Enhances DRC Copper and Cobalt Production, Shifting Global Supply Chains

U.S.-India Partnership Enhances DRC Copper and Cobalt Production, Shifting Global Supply Chains

U.S.-India Partnership Enhances DRC Copper and Cobalt Production, Shifting Global Supply Chains
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U.S.-India Partnership Enhances DRC Copper and Cobalt Production

U.S.-India Partnership Enhances DRC Copper and Cobalt Production

Virtus Minerals, a U.S.-based mining company, has completed the acquisition of the Chemaf Group in the Democratic Republic of Congo (DRC) through a joint venture with Indian firm Lloyds Metals and Energy Limited. This acquisition is expected to significantly boost the DRC's copper and cobalt output, aligning with global supply chains for electric vehicles, renewable energy, and defense manufacturing. The deal is part of the U.S.-DRC Minerals Partnership, aimed at shifting resource access from Chinese networks to Western investors. Chemaf's Mutoshi project and Etoile processing facility are key assets in this strategy, with plans to expand production capacity.
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Hindustan Aeronautics Sees Revenue Growth Amid Strong Order Book

Hindustan Aeronautics Sees Revenue Growth Amid Strong Order Book

Hindustan Aeronautics Limited (HAL) has reported a 4.1% increase in annual revenue, reaching INR323 billion. This growth is attributed to a robust order book, which has risen to INR2.54 trillion as of March 31, up from INR1.9 trillion the previous year. The increase is largely due to a significant INR624 billion order from the defense ministry for 97 Mk1A Tejas fighters. Additionally, HAL has secured orders for six Dhruv helicopters and eight Dornier 225s, contributing to its strong financial outlook. The company has also expanded its production capabilities with new production lines for the Tejas and HTT-40 aircraft.