FM Announces Restoration of Rs 220 Billion in Properties to Banks

Shree Cement banks on pricing strategy to boost FY26 growth

Shree Cement has outlined its strategy for FY26, aiming to enhance profitability through improved pricing rather than focusing on volume growth. The company anticipates only a modest increase in sales volumes, around 2–4 per cent, but expects price hikes of 5–6 per cent to drive overall revenue growth by approximately 9 per cent.The company is confident it can maintain an average EBITDA per tonne of around Rs 1,400 this year, supported by better pricing and stable costs.Although demand dipped slightly in May due to heatwaves and regulatory restrictions in parts of Rajasthan and Punjab, Shr..

Manohar Lal reviews power and urban development progress in J&K

Union Minister of Power and Housing & Urban Affairs, Manohar Lal, conducted a comprehensive review of the power and urban development sectors for the Union Territory of Jammu & Kashmir in Srinagar. The review meeting was attended by Jammu & Kashmir Chief Minister Omar Abdullah, Advisor to the CM Nasir Aslam Wani, the Chief Secretary of the UT, senior officials from the Government of India and the UT administration, as well as representatives from state power utilities and Central Public Sector Enterprises (CPSEs).Key issues concerning the power sector in the UT were discussed durin..

ICG Chairs 137th Offshore Security Meet of OSCC in New Delhi

The Indian Coast Guard chaired the 137th meeting of the Offshore Security Coordination Committee (OSCC) in New Delhi on June 12, 2025, to evaluate the security preparedness and operational effectiveness of offshore installations in the country. The discussions centred on enhancing joint response mechanisms to protect critical energy infrastructure, with a strong focus on improving inter-agency coordination to counter emerging threats and ensure comprehensive offshore security.The Director General of the Indian Coast Guard highlighted the strategic importance of energy security and stressed the..