FPIs Show Interest in REITs and InvITs, Fulfill Prior Commitments

MOIL Posts Record July Production in FY26, Defies Weather Challenges

MOIL recorded a production of 1.45 lakh tonnes of manganese ore in July 2025, reflecting a robust 11.4 per cent increase over the corresponding period last year (CPLY).Demonstrating strong operational momentum, the company produced 6.47 lakh tonnes during the April–July 2025 period, up 7.8 per cent year-on-year. Sales stood at 5.01 lakh tonnes—10.7 per cent higher than CPLY. Exploratory drilling also rose to 43,215 metres, showing an 11.4 per cent improvement over the same period last year.Ajit Kumar Saxena, Chairman and Managing Director, congratulated the MOIL team for the remarkable per..

CIDCO Plans Long-Term Transit Vision for Navi Mumbai

The City and Industrial Development Corporation (CIDCO) has announced plans to prepare a Comprehensive Mobility Plan (CMP) for Navi Mumbai and the surrounding airport influence area known as NAINA (Navi Mumbai Airport Influence Notified Area). The CMP will serve as a strategic transport framework guiding infrastructure development through to 2054 and beyond.The long-term mobility roadmap aims to foster a sustainable, inclusive, and efficient transport system for one of India’s most rapidly developing urban corridors.“With upcoming developments such as the Navi Mumbai International Airport,..

India Auctions 7 Coal Blocks in 12th Commercial Mining Round

The Ministry of Coal has concluded the forward auctions under the 12th round of commercial coal block allocations, held between 28 and 31 July 2025. Seven blocks were successfully auctioned, comprising three fully explored and four partially explored blocks. The round began on 27 March 2025.The total geological reserves of these blocks are approximately 1.76 billion tonnes, with a combined Peak Rated Capacity (PRC) of 5.25 million tonnes per annum (excluding the partially explored blocks). The auctions drew strong participation, with an average revenue share of 26.7 per cent, reflecting sustai..