• About us
  • Team
  • Privacy Policy
  • Contact
Wednesday, October 14, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

NMDC records double-digit surge in iron ore production for April

by Blitz India Media
May 5, 2025
in News
0
NMDC
Blitz Bureau

NEW DELHI: Public sector mining major NMDC has registered a robust 15 per cent rise in iron ore production in April to 4 million tonnes, from 3.48 million tonnes in the same month last year. ,NMDC sold 3.63 million tonnes of iron ore during the month which represents a 3 per cent increase over the corresponding figure of 3.53 million tonnes in April 2024.

NMDC Chairman and Managing Director Amitava Mukherjee said, “Our record-breaking April performance, coupled with best-ever despatch figures from our major iron ore mines — Kirandul, Bacheli, and Donimalai — with a growth of 12 per cent, 4 per cent and 88 per cent, respectively over the corresponding period last year, solidifies our leadership position and sets a strong foundation for achieving our ambitious target of becoming 100 million tonnes mining company by 2030.”

The pellet production at the country’s largest iron ore producer aslo surged to an all-time high of 0.23 lakh tonnes, surpassing the previous April record set in 2018.

Meanwhile, NMDC Steel Limited (NSL), a demerged entity from NMDC, has recorded an 8.5 per cent month-on-month growth in its hot metal production to 2,30,111 tonnes in April, compared to the corresponding figure of 2,11,978 tonnes for March.

NMDC Limited also set a new benchmark in FY 2024-25, achieving a total production of 44.04 million tonnes (MnT) and sales of 44.4 MnT. The company also recorded its best-ever Q4 sales, reaching 12.66 MnT, the highest since its inception.

Strengthening its expansion plans, NMDC registered a record standalone capital expenditure (CAPEX) of Rs 3,707 crores in FY25, underlining its investment in capacity building and infrastructure projects.

For Q4 FY25, production was reported at 13.27 MnT, with sales improving both sequentially and annually. Compared to Q3 FY25, sales increased by 6 per cent , while year-on-year sales rose from 12.54 MnT in Q4 FY24 to 12.66 MnT.

Related Posts

India Canada diplomatic ties
News

India News: Canada Ties, Ports, Minerals and Stubble Fires

October 14, 2026
Asian Champions Trophy 2026
News

Pathak returns as India names squad for Asian Champions Trophy

October 13, 2026
Electronics production grows seven-fold : MeitY
News

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026
Indian stock market
News

IBM and MeitY Startup Hub partner to support India’s deep-tech startups with AI, cloud, quantum computing and mentorship.

October 13, 2026
IBM
News

IBM, MeitY sign MoU to boost India’s deep-tech

October 13, 2026
Solar panels supplying power in Africa
News

India Growth Story: Start-ups, Trade, Data and Khadi

October 13, 2026
Load More
Next Post
Ruud beats Draper to claim Madrid Open title

Ruud beats Draper to claim Madrid Open title

Recent News

India Canada diplomatic ties
News

India News: Canada Ties, Ports, Minerals and Stubble Fires

by Blitz India Media
October 14, 2026
0

PM Modi to visit Canda in Dec as ties gather fresh momentum NEW DELHI, 14 October — Prime Minister Narendra...

Read moreDetails
Asian Champions Trophy 2026

Pathak returns as India names squad for Asian Champions Trophy

October 13, 2026
Electronics production grows seven-fold : MeitY

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026
Indian stock market

IBM and MeitY Startup Hub partner to support India’s deep-tech startups with AI, cloud, quantum computing and mentorship.

October 13, 2026
IBM

IBM, MeitY sign MoU to boost India’s deep-tech

October 13, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation