India's coal output increased by 7% in April

03 May 2024 CW Team

The state-owned CIL reported a 7.3% increase in production in April, reaching 61.8 million tonnes (MT). In a filing to the BSE, Coal India (CIL) stated that the company had produced 57.6 MT of coal in the equivalent month of the previous fiscal.

More than 80% of the coal produced in the country comes from CIL.

In addition, the company's coal offtake increased 3.2% to 64.3 MT last month from 62.3 MT in the same period last year.

The quantity of dry fuel provided by the pitheads is known as coal offtake.

Maximum production of 16 MT came from Mahanadi Coalfields (MCL), followed by 14.1 MT from South Eastern Coalfields (SECL) and 11.8 MT from Northern Coalfields, out of the 61.8 MT of coal produced by CIL last month.

Although CIL's production climbed by 10% to 773.6 MT in FY24, it did not meet its budgetary target of 780 MT.

In 2022?2023, Coal India produced 703.2 MT.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..