Core sector output grows 4.8% in August 2026

September 21, 2026 10:51 PM

Core sector output grows 4.8% in August 2026

The Index of Core Industries (ICI) grew by 4.8 per cent year-on-year in August 2026, according to provisional estimates released by the Ministry of Statistics and Programme Implementation. The growth was slightly lower than the 5.0 per cent recorded in July 2026, after the final July index was revised from 121.2 to 120.8. Among the eight core industries, cement, electricity, iron ore, steel and refinery products recorded positive growth in August. Cement output grew by 12.5 per cent, electrici...

NMDC Limited becomes first Indian miner to produce 50 million tonnes of iron ore in a year

March 14, 2026 9:34 AM

NMDC Limited becomes first Indian miner to produce 50 million tonnes of iron ore in a year

NMDC Limited has become the first mining company in India to produce 50 million tonnes (MT) of iron ore in a single financial year, reaching the landmark days before the close of FY 2025–26. The state-run miner, a Navratna CPSE under the Ministry of Steel, described the achievement as a key step in strengthening India’s raw material base for its expanding steel sector. Established in 1958 to develop India’s iron ore resources, NMDC produced around 10 MT in 1978. Over the decades, the comp...