Day: 4 September 2025

FuelBuddy expands into Zimbabwe and Zambia, strengthening its footprint in Africa

Vijay Raman

FuelBuddy, a leading global mobile fuel distribution platform that provides sustainable solutions for businesses, today announced the official launch of its operations in Zimbabwe and Zambia. This strategic expansion marks another significant milestone in FuelBuddy’s mission to revolutionise fuel delivery across emerging markets. After successfully transforming fuel accessibility in India, the UAE, and Mozambique, FuelBuddy continues its global journey by entering two of Southern Africa’s most dynamic economies. With Africa's energy demand in 2040 projected to surge by 30% more than it is today, compared to a 10% increase in global energy…

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ndia Launches ₹1,500 Cr Incentive Plan for Critical Mineral Recycling

Vijay Raman

The Union Cabinet has approved an incentive scheme worth ₹1,500 crore aimed at promoting the recycling of critical minerals in the country. The move is expected to reduce import dependence, ensure a sustainable supply of essential minerals, and support India’s transition to a green economy.   The incentives under the Scheme will comprise 20% Capex subsidy on plant & machinery, equipment and associated utilities for starting production within specified timeframe, beyond which reduced subsidy applicable; and Opex subsidy, which will be an incentive on incremental sales over the base year…

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MOIL Scales New High with Best-Ever August Production

Vijay Raman

MOIL has sustained its performance momentum by achieving its highest-ever August production of 1.45 lakh tonnes in August 2025, registering an impressive 17% growth over the corresponding period last year (CPLY). On the sales front, the company also delivered strongly with 1.13 lakh tonnes of sales in August 2025, reflecting a remarkable 25.6% growth year-on-year.Further, during April–August 2025, MOIL recorded its best-ever performance with 7.92 lakh tonnes of production (up 9.3% y-o-y) and 50,621 meters of exploratory drilling (up 8.6% y-o-y).   Shri Ajit Kumar Saxena, CMD, congratulated team MOIL…

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