Market Updates
India Proposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry
The Indian industry was seeking safeguard measures given the surge in steel imports from countries, particularly from China and Vietnam. The provisional duty recommendation was...
Plotted Developments are on the Rise Among First-Time Investors
Long-term capital appreciation and affordability make plotted development the preferred option for first-time investors in India. According to a recent Magicbricks survey of 2,200...
India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns
On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...
Tamil Nadu’s Limestone Tax to Rise Cement Prices, Hit Ramco and Dalmia Bharat
The Tamil Nadu government’s proposal to impose an additional ₹160 per tonne tax on limestone mining is likely to affect cement makers in...
NMDC Faces Production Slowdown Amid Worker Protests
The state-owned iron ore producer NMDC Limited is struggling with a slowdown in operations due to worker protests, the company announced Tuesday, March 11....
Rumors of 12% Steel Import Levy Cause Uncertainty in Indian Market
Reports in the Indian press are abuzz with speculation of a 12% temporary safeguard duty on steel imports to shield domestic producers from rampant...
Cement Prices Drop 7% in FY25 Amid Weak Demand and Rising Competition: Ind-Ra Report
India going slow on its steel trade strategy pending clarity on US tariffs Union Steel and Heavy Industries Minister, HD Kumaraswamy, said on Tuesday...
India Awaits Tariff Clarity for Steel Trade Strategy: Kumaraswamy
The Indian government is adopting a cautious approach to its steel trade strategy, awaiting clarity on the tariffs imposed by the United States....
Tamil Nadu’s Household Consumption Sees Significant Growth in 2023-24
Tamil Nadu has seen an increase in household consumption in FY24 with rural and urban sectors growing. Kerala’s average monthly per capita consumption expenditure...
Pudukkottai Stone Quarry and Crusher Owners Announce Price Cuts Amid Challenges
A meeting at ANS PRIDE Hotel tonight at 7.00 PM was called as a crossroad update for the PUdukkotai District Stone Quarry and...
