Global mining outlook “stable”

Global mining outlook “stable”

As the mining industry awaits India’s largest mining trade fair, starting tomorrow, Fitch Ratings says that the global mining industry bears a stable outlook. Risks of pandemic-related supply disruptions and slower-than-forecast economic growth will linger next year, but their impact on the sector will be moderate...

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Why India’s GDP is leaking!

Why India’s GDP is leaking!

India has a leaking bucket. So even while the economy grows, it is unable to benefit from the growth as our resources so added are not deployed efficiently. Even though our second quarter results indicate that the economy sh...

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Modi inaugurates RE-Invest 2020

Modi inaugurates RE-Invest 2020

Prime Minister Narendra Modi inaugurated the 3rd Global Rene...

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JCB India launches industry’s first dual-fuel CNG backhoe loader

JCB India launches industry’s first dual-fuel CNG backhoe loader

JCB India launched the industry’s first dual-fuel CNG backhoe loader in India. Called the JCB 3DX DFi, this new machine can operate on CNG and diesel simultaneously using the Homogeneous Charge Compression Ignition (HCCI) technology.The machine was launched in New Delhi by  Read More


ICRA predicts construction equipment volume growth in CY2021

ICRA predicts construction equipment volume growth in CY2021

The domestic mining and construction equipment (MCE) industry is expected to post a volume growth of more than 20 per cent in the calendar year 2021, according to the finding of the ratings agency ICRA. According to the agency, the MCE industry has staged a smart recovery since late June 2020, posting a year-on-year...

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Volvo Group to launch SDLG excavators in India

Volvo Group to launch SDLG excavators in India

Following the success of SDLG wheel loaders and motor graders on the Indian market, the Volvo Group is now introducing its range of SDLG excavators, starting with the 13 t E6135Fi crawler model.The Volvo Group plans to replicate the success achieved in wheel loaders in excavators now. The company has identifi...

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L&T Construction to build India’s longest river bridge

L&T Construction to build India’s longest river bridge

L&T Construction, the construction arm of L&T, has secured a large contract to construct India’s longest road bridge across the river Brahmaputra connecting Dhubri in Assam to Phulbari in Meghalaya. The 19 km long bridge will be built along National Highway 127-B and will feature a Navigation Bridge of 1...

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Credit risks rising for infrastructure sector in India

Credit risks rising for infrastructure sector in India

India’s infrastructure sector will not cease to suffer from the post-Covid heat in 2021 due to increasing debt, difficulty in refinancing and weakening of counterparties, as reported by global credit rating agency Standard &...

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IRCON bags NCRTC order worth Rs 7.23 bn

IRCON bags NCRTC order worth Rs 7.23 bn

The National Capital Region Transport Corporation Limited (NCRTC) offered a work order of Rs 7.23 billion to Ircon International on Monday. The first order that was issued includes the design, supply, installation a...

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