Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Former NITI Aayog vice chairman Rajiv Kumar on Wednesday said the government needs to continue its focus on capital expenditure in the upcoming interim budget, as private investment is 'still weak' and there is a need to bridge infrastructure gap, which has been 'plaguing' the Indian economy.
Kumar noted that an increase in capital expenditure during the Modi government period is showing results in terms of the much better quality of the infrastructure and this was needed to make Indian industry globally competitive.
He said the finance minister will achieve fiscal consolidation targets because of rising indirect tax revenues and the widening direct tax base.
Also Read : India Proposes 12% Temporary Tax on Certain Steel Products India Turns Net Importer of Finished Steel in FY 2024-25
PM Modi called for zero imports and net exports in India’s steel sector. Emphasized sustainab...
Announcement 24-Apr-2025
India’s domestic steel industry must align with global quality and sustainability standards if...
India 09-Sep-2025
As speculation grows over a possible second Trump administration, India's steel industry is closely...
Business 04-Mar-2025
The Supreme Court on February 5 reserved its judgment in an appeal by the Indian Oil Corporation Lim...
Large Corporate 05-Feb-2024
Green hydrogen is emerging as a key lever to decarbonise India’s steel sector, enabling hydrog...
India 31-Oct-2025
KIOCL's net loss increased inFY 2024-25 because of operational challen...
Business 29-May-2025