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Economist Chetan Ahya expects two RBI rate cuts ahead
Manufacturing - Jun 04,2025
Morgan Stanley’s Chief Asia Economist, Chetan Ahya, said RBI may cut interest rates twice but not aggressively, as India’s growth remains reasonable. Adjusted GDP growth is 6.8%. Despite global sl .

Damodar Valley Corporation to issue LoA for coal-fired power project
Power Generation - Jun 03,2025
Damodar Valley Corporation and Coal India are jointly developing a 1,600 MW ultra-supercritical coal power project at Chandrapura, Jharkhand. A Letter of Award is expected by end-2025, with commission .

NDR Warehousing forays into Kerala to establish storage space
Infrastructure - Jun 03,2025
Chennai-based NDR Warehousing is expanding into Kerala with a ₹250 crore investment for a 5-lakh sq ft Grade A storage facility near Aluva. The 16-acre land was acquired through two SPVs: NDR Storew .

KICL inks LoI with Sharjah company to explore joint partnership
Environment - Jun 03,2025
Kothari Industrial Corporation Limited (KICL) has signed a Letter of Intent with Sharjah Environment Company LLC to explore a joint venture in Chennai for environmental and waste management services. .

Indian Oil finalises India's largest green hydrogen project at Panipat
Petroleum - Jun 03,2025
Indian Oil Corporation (IOC) will establish a 10,000 TPA green hydrogen unit at its Panipat refinery, marking India’s largest green hydrogen project. Set for commissioning by December 2027, it will .

Bharat Coking Coal floats tender for setting up washery in Jharkhand
Petroleum - Jun 03,2025
Bharat Coking Coal Ltd (BCCL) has invited expressions of interest for establishing a 2.0 MTPA coal washery at Bhojudih, Jharkhand, under a build-operate-maintain (BOM) model. This follows Coal Ministe .

Uttarakhand signs MoU with Swiss manufacturer for ropeway project
Infrastructure - Jun 03,2025
Uttarakhand government signed an MoU with Swiss ropeway maker Bartholet Maschinenbau AG to develop a ropeway from Tapovan, Rishikesh to Kunjapuri Temple, Narendranagar. The eco-friendly project will r .

Biogas plant for waste-to-energy conversion to be established in Bhubaneshwar
Power Generation - Jun 03,2025
Bhubaneswar Municipal Corporation (BMC) plans a biogas-based captive power plant at Unit-I vegetable market to convert 16-17 tonnes of daily organic waste into green energy. A 3 TPD pilot plant will b .