Articles for tag: August, Coal, Concerns, Core, Driven, Electricity, Growth, Industrial, Oil, Plummeted, Production, Raising, Sector

Market News

Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.

Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.

In August 2024, the production growth of eight key infrastructure sectors in India saw a decline of 1.8 percent. This downturn was primarily due to lower outputs in coal, crude oil, natural gas, refinery products, cement, and electricity. This is a significant shift from the growth rate of 6.1 percent recorded in July. Despite the ...

Market News

A fire at Tata’s factory for Apple components prompts a forensic investigation, endangering production schedules and worker safety.

A fire at Tata’s factory for Apple components prompts a forensic investigation, endangering production schedules and worker safety.

A fire broke out at a Tata Electronics factory in Hosur, Tamil Nadu, that produces components for Apple iPhones. Indian authorities are launching a forensic investigation to determine the cause of the fire, which started in a chemical storage area on a Sunday, when the factory was closed. The factory is not expected to resume ...

Market News

Iron ore and manganese production surged amid strong demand, reflecting robust economic growth in key sectors like steel and infrastructure.

Iron ore and manganese production surged amid strong demand, reflecting robust economic growth in key sectors like steel and infrastructure.

India’s iron ore and manganese ore production saw impressive growth from April to August 2024. The output of iron ore increased by 7.4% to 116 million tonnes, compared to 108 million tonnes in the same period last year. Manganese ore production also jumped by 15.4% to 1.5 million tonnes, up from 1.3 million tonnes. Iron ...

Market News

A fire at Tata Electronics in Tamil Nadu endangered over 1,500 workers, as production for Apple’s iPhone was set to begin.

A fire at Tata Electronics in Tamil Nadu endangered over 1,500 workers, as production for Apple’s iPhone was set to begin.

A fire broke out at Tata Electronics’ manufacturing facility near Hosur, Tamil Nadu, which supplies components to Apple. The incident occurred on Saturday morning while over 1,500 workers were present. Fortunately, all employees are reported safe after the emergency protocols were activated. The fire reportedly started in the mobile phone accessories painting unit, leading to ...

Market News

West Bengal’s WBPDCL achieves coal self-sufficiency, aiming for 20 million tonnes production, overcoming infrastructure challenges and environmental hurdles.

West Bengal’s WBPDCL achieves coal self-sufficiency, aiming for 20 million tonnes production, overcoming infrastructure challenges and environmental hurdles.

The West Bengal Power Development Corporation (WBPDCL) has achieved coal self-sufficiency for its thermal plants, reducing reliance on Coal India Ltd. As of August 2024, WBPDCL has dispatched 9.1 million tonnes from its own mines and aims to produce 20 million tonnes this fiscal year. A significant portion of this output comes from the Pachwara ...

Market News

Song Theft Shock: Pami Mishra Calls Out Production House for Stealing Her 14-Year-Old Hit—Is Creative Integrity a Dying Art?

Singer Pami Mishra has reported a case of song plagiarism to the Cyber Police Station in Bhubaneswar. She claims that her song, recorded 14 years ago, was copied by the production house Sai Sagar Creation and uploaded to YouTube without her permission. Mishra alleges that a couple, Prativa Upadhyay and her husband, not only sang ...

Market News

Vedanta targets EV market growth in Asia by ramping up nickel production, crucial for India’s  trillion export goal by 2030.

Vedanta targets EV market growth in Asia by ramping up nickel production, crucial for India’s $1 trillion export goal by 2030.

Vedanta, a prominent Indian conglomerate, is set to boost its nickel and nickel sulphate production to meet the growing demand for electric vehicle (EV) battery materials in Northeast Asia. The company recently announced plans to enhance its capacity, emphasizing the role of nickel sulphate in battery manufacturing. While India’s EV Market is still developing, Vedanta ...

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