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India turns net exporter of finished steel in FY26 Global scrap market faces tighter supply pressure Indian steelmakers urged to act on decarbonisation Royal Steel eyes global demand for structural steel

Business News

Foxconn India to spend ₹1,200 cr to build a factory, scale up operations

Foxconn, a Taiwan-based chip manufacturer, has announced on Tuesday that ₹1...

07 Feb 2024 10:19 AM IST Business

India to see investment of $67 bn in next 5-6 years in energy sector: PM

Prime Minister Narendra Modi on Tuesday said that India will see an investm...

06 Feb 2024 01:12 PM IST Business

Increased capex on infra to spur steel demand, attract investments: Experts

The increased capex on infrastructure in the budget will spur domestic stee...

02 Feb 2024 04:47 PM IST Business

Success of India grounded in pursuit of reforms over last years: IMF MD Kristalina Georgieva

The economic success of India is grounded in the pursuit of reforms over th...

02 Feb 2024 04:22 PM IST Business

Steel PSUs' total investment largely unchanged at ₹10.33 crore in Interim Budget

The Central government has proposed to keep investments in 11 state-owned s...

02 Feb 2024 10:17 AM IST Business

Budget 2024 Highlights: India has seen three consecutive years of 7% GDP growth, says FM Sitharaman in post-Budget briefing

On February 1, Union Finance Minister Nirmala Sitharaman delivered her sixt...

01 Feb 2024 05:43 PM IST Business

Govt proposes tax benefits to startups, pension funds

Finance Minister Nirmala Sitharaman on Thursday proposed some tax benefits...

01 Feb 2024 12:25 PM IST Business

Metals industry hopes Budget 2024 will boost infrastructure spend, curb Chinese imports

The Union Finance Minister Nirmala Sitharaman is set to present the interim...

01 Feb 2024 10:02 AM IST Business

India witnesses the biggest outflow of foreign money in January 2024

In January 2024, the Indian equities market saw a withdrawal of over $3 bil...

31 Jan 2024 09:49 PM IST Business

India's core sector growth slumps to 14-month low of 3.8% in December

India's eight core sectors posted a growth of 3.8% in December, according t...

31 Jan 2024 07:24 PM IST Business

Nippon Steel reveals Japan's top three banks to offer $16 billion loan for US Steel acquisition

Nippon Steel, Japan's largest steelmaker, has disclosed that country's thre...

31 Jan 2024 12:01 PM IST Business

Govt's capex thrust key to bridge infra gap as pvt investment still weak: Former NITI VC Rajiv Kumar

Former NITI Aayog vice chairman Rajiv Kumar on Wednesday said the governmen...

31 Jan 2024 11:15 AM IST Business

Auditor flags RINL’s ability to carry on as a ‘going concern’ as debt widens to over ₹20,000 crore

The debt-to-equity ratio of the state-owned steel manufacturer Rashtriya Is...

31 Jan 2024 10:29 AM IST Business

JSW Steel CEO optimistic despite input cost pressures

JSW Steel, the country's leading steel producer, reported a remarkable five...

29 Jan 2024 10:48 AM IST Business

Centre, industry, global experts to discuss trade regime of sensitive goods, tech on Jan 30

To discuss India's export control policies for sensitive commodities and te...

29 Jan 2024 09:13 AM IST Business