Nine New Coal Mines to Begin Production in FY25: Ministry of Coal

13 Sep 2024 CW Team

The Ministry of Coal announced that nine new captive and commercial coal mines are set to begin production in FY2025. This was revealed during a review meeting chaired by Additional Secretary Rupinder Brar, where the status of 64 coal mines was discussed. As of August 31, 2024, 55 mines are operational, with 33 allocated to the power sector and 12 to non-regulated sectors. The remaining 10 are focused on coal sales.

India's domestic coal production surged by 32% year-on-year, from 50.11 million tonnes (MT) in April-August 2023 to 65.99 MT in the same period this year. Coal dispatches also grew by 32%, reaching 73.58 MT.

Brar emphasized the need for allottees to meet their production targets to reduce reliance on imports, supporting the country’s energy security and the broader Atmanirbhar Bharat initiative.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..