Coal prices to remain high in the monsoon quarter: ICRA

11 Jul 2022 CW Team

Prices of domestic coal will continue to remain high in the current quarter, given the supply challenges of the fuel during the monsoon, rating agency ICRA said last week.

The domestic e-auction premium on coal increased by over 400 per cent in May, adversely impacting the cost structure and margins base metal companies.

An ICRA statement said power costs had risen substantially for domestic base metal companies owing to lower availability of linkage coal to non-power sectors and elevated coal prices in both international and domestic markets.

Metal prices, it said, will remain under pressure in the near term owing to weakening global demand.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

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