New Delhi, August 20, 2023: Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has achieved a remarkable milestone with an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) […]
Category: Business
SAIL records its best ever Q1 in Crude Steel Production and Sales
New Delhi, August 19, 2023: Steel Authority of India Limited (SAIL) declared its financial results for the quarter ending 30th June, 2023. The Key highlights of financial results are mentioned below: Performance of Q1 FY 2023-24 (Standalone) at a glance: Unit Q1 2022-23 Q4 2022-23 Q1 2023-24 Crude Steel Production Million Tonne 4.33 4.95 4.67 Sales Volume Million Tonne 3.15 4.68 3.88 […]
First Mile Connectivity to Revolutionize Coal Transportation
New Delhi, August 18, 2023: In an ongoing pursuit of sustainable development and environmental conservation, the concept of First Mile Connectivity has emerged as a game-changer. This groundbreaking approach is revolutionizing coal transportation creating a positive and lasting impact on the environment. First Mile Connectivity eliminates road transportation of coal in mining areas by using conveyors […]
Hackathon to Encourage Innovation in Coal Sector
New Delhi, August 17, 2023: CMPDI organized Hackathon on R&D to encourage start-ups/research organizations/academic institutions for promoting “Make in India” initiatives in coal and lignite sector, on the following 5 selected problem statements: Payload monitoring of loading equipment (Shovels / Excavators) displayed in operator’s cabin Optimization of dust suppression in opencast mines Design, Develop & […]
6,23,10,598 loans sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) in FY 2022-23
New Delhi, August 14, 2023: The objective of Pradhan Mantri Mudra Yojana (PMMY) is to provide access to institutional finance to new or existing micro unit/ enterprise up to Rs. 10 lakh. This was stated by Union Minister for State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok […]
Date for accepting applications under PLI scheme 2.0
New Delhi, August 13, 2023: Production Linked Incentive or PLI Scheme 2.0 for IT Hardware was notified vide notification No. CG-DL-E-30052023-246165 dated May 29, 2023, with a budgetary outlay of ₹ 17,000 crore. The scheme is aimed at broadening and deepening of the IT hardware manufacturing ecosystem in the country. The Operational Guidelines of Production […]
LITHIUM DISCOVERY IN JAMMU AND KASHMIR
New Delhi, August 11, 2023: Geological Survey of India has carried out a ‘preliminary exploration’ i.e. G3 stage mineral exploration project on Bauxite, Rare Earth Elements and Lithium in Salal- Haimna areas of Reasi District, Jammu & Kashmir during FS 2020-21 & 2021-22 and has confirmed an inferred resource (G3) of 5.9 million tonnes of […]
2D nanoflakes of material extracted from iron ore can protect sensitive optical equipment from light-induced damage
New Delhi, August 10, 2023: Nanoflakes of a material called hematene extracted from iron ore have been found capable of withstanding and acting as shield from high laser intensities. Hence it could be used to make devices called optical limiters that can protect sensitive optical equipment from light-induced damage. Radiation from laser sources is highly […]
1,83,844 beneficiaries trained under Samarth Scheme
New Delhi, August 09, 2023: Ministry of Textiles had implemented the umbrella skilling scheme of Integrated Skill Development Scheme (ISDS) during 2010-2018 for skill development and capacity building of workers across textile value chain. In further continuation, the revamped skilling scheme of Samarth Scheme for Capacity Building in Textile Sector (SCBTS) was launched in 2017-18. […]
New algorithm to quantify terrestrial RFI in space for Earth orbiting radio astronomy experiments
New Delhi, August 08, 2023: A new algorithm developed by scientists that is capable of estimating and mapping the unwanted Radio Frequency Interference (RFI) signals in space, can help design instruments that are capable of offering optimal operations in the presence of RFI and thereby, enriches the data obtained from the future space-based Astronomy missions. […]