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Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis

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Crude oil prices rise as OPEC+ maintains output policy

On Friday, crude oil prices went up because OPEC and its allies, known as O...

02 Feb 2024 12:02 PM IST Energy

China surpasses Japan to become world’s largest vehicle exporter

Data from a Japanese auto industry association show that China overtook Jap...

02 Feb 2024 11:33 AM IST Automobiles

Power consumption jumps nearly 6% to 133.83 Bn units in Jan

According to government data, India's power consumption rose by over 6% to...

02 Feb 2024 11:14 AM IST Renewables

Government allocates ₹270 crore for steel PLI scheme in Budget 2024

The central government has proposed to hike the budgetary allocation for th...

02 Feb 2024 10:23 AM IST Announcement

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

Tata Steel considers additional investments in Port Talbot with govt funding

Tata Steel might invest more in its Port Talbot plant in the UK if the gove...

01 Feb 2024 07:56 PM IST Large Corporate

Adani Enterprises records over two-fold increase in Q3 profit driven by coal & new energy boost

Adani Enterprises, India's conglomerate, reported a substantial increase in...

01 Feb 2024 06:29 PM IST Large Corporate

India's crude oil imports from Russia drop to 12-month low in Jan amid sanctions impact

In January, India experienced a second consecutive monthly decline in crude...

01 Feb 2024 06:21 PM IST Oil & Gas

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

India’s factory growth hits 4-month high on robust demand

India’s manufacturing sector improved substantially at the begin of 2...

01 Feb 2024 05:33 PM IST Notification

Housing scheme in Budget to boost steel, cement, construction

The boost to housing in the Interim Budget is another important proposal fr...

01 Feb 2024 05:04 PM IST Construction

State wildlife panel rejects iron ore mining in Tadoba-Karhandla corridor

The standing committee of the State Board for Wildlife (SBWL) has issued a...

01 Feb 2024 04:46 PM IST Ferrous

Capex target of ₹11.11 lakh crore is set for FY25, but the FY24 aim falls short

Finance Minister Nirmala Sitharaman, in her budget speech on February 1, re...

01 Feb 2024 04:40 PM IST Announcement

Interim Budget 2024 boosts green energy

Green energy receives a substantial push in the Interim Budget 2024 as Fina...

01 Feb 2024 04:36 PM IST Energy

Budget's housing scheme to fuel growth in the steel, cement, and construction industries

The housing boost in the interim budget holds significant market implicatio...

01 Feb 2024 04:33 PM IST Construction