Follow Us on Google News New Delhi, March 12 (IANS) The Steel Research Technology Mission of India (SRTMI), a joint initiative of the Indian steel industry and academia supported by the Ministry of Steel, launched three new R&D schemes and a web portal during the event “Catalyzing R&D in the Indian Steel Sector” at Vigyan … Read more
Bengaluru, Feb 27 (IANS) The Karnataka government has decided to ban the use of plastic in hotels and food establishments across the state while preparing idlis, as tests have shown it poses health hazards to consumers, Health Minister Dinesh Gundu Rao said on Thursday, Idli, the most popular dish in the state, is made from … Read more
New Delhi, Feb 18 (IANS) The US tariffs on the steel sector are unlikely to impact India because only 2 per cent of the country’s total finished steel exports in the first nine months of this fiscal were to the US, Crisil Intelligence said on Tuesday. The US move to slap a flat 25 per … Read more
New Delhi, Feb 12 (IANS) The Trump administration’s hike in tariffs on steel imports coming into the US from countries such as Canada, Brazil, the EU and Asian suppliers like Japan and South Korea could cut both ways for India’s domestic steel industry, according to an ICRA report released on Wednesday. While, on the one … Read more
Kolkata, Feb 10 (IANS) Enforcement Directorate (ED) said on Monday that it has provisionally attached immovable properties worth Rs 210.07 crore owned by Sanjay Kumar Sureka, the chairman & managing director of Concast Group, the owner of Concast Steel & Private Limited. The entity had been under the scanner of the ED officials for quite … Read more
New York, Feb 10 (IANS) US President Donald Trump has said that he will announce a 25 per cent duty on all steel and aluminum imports, a long-standing contentious category of trade for India and the US. President Trump said on Sunday that he will announce the tariffs on Monday covering imports from all countries. … Read more
New Delhi, Feb 7 (IANS) The Production-Linked Investment (PLI) scheme for high-value specialty steel has succeeded in attracting commitments for investments by various companies to the tune of Rs. 27,106 crore, out of which Rs.18,848 crore has been achieved till December 2024, Minister of State for Steel Bhupathiraju Srinivasa Varma informed Parliament on Friday. The … Read more
Bhubaneswar, Jan 28 (IANS) Jindal Steel and Power (JSP) has announced an ambitious plan to invest an additional Rs 70,000 crore in Odisha over the coming years. The announcement was made by JSP chairman Naveen Jindal during the Utkarsh Odisha Conclave – 2025 inaugurated by Prime Minister Narendra Modi. “Our vision is to make Odisha … Read more
