Indian economy
CREDAI Urges Govt to Drop 18% GST on FSI Charges, Citing Housing Price Hike Risks
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has called on the government to reconsider its proposal to impose an 18%...
ISSDA Advocates for Separate Stainless Steel Policy to Boost India’s Industry
The Indian Stainless Steel Development Association (ISSDA) is calling for a dedicated policy to support India’s stainless steel sector. Currently, the industry is...
JSW Steel’s Crude Steel Production Up 5% YoY; US Operations Down 22%
JSW Steel Ltd. announced a 5% increase in its consolidated crude steel production for November, reaching 23.23 lakh tonnes. This is compared to...
CREDAI President Boman Rustom Irani Welcomes RBI’s Rate Decision, Eyes Further Reductions
Boman Rustom Irani’s Views on RBI’s Latest Move Boman Rustom Irani, President of CREDAI (National), shared his thoughts on social media, expressing appreciation...
JSW Steel and SAIL Look to Mongolia for Coking Coal Imports Amid Rising Steel Demand
India’s leading steelmakers, JSW Steel and Steel Authority of India Limited (SAIL), are exploring coking coal imports from Mongolia as part of efforts...
Cement Demand Growth to Moderate to 5-6% in FY25: CareEdge Ratings
The cement sector is projected to see demand growth moderate to 5-6% in FY25, down from 8-9% in recent years, according to CareEdge...
Japan Flags Steel Import Delays at Indian Ports, MSMEs Raise Concerns
The Embassy of Japan has voiced concerns over prolonged delays in steel consignments at Indian ports, citing customs requirements for No Objection Certificates...
Tamil Nadu Achieves 20.12% SGST Growth, Tops India in H1 FY25
Tamil Nadu has emerged as the top-performing state in State Goods and Services Tax (SGST) collections, recording a remarkable 20.12% growth in the...
BEML Secures Major Order from CCL: ₹246 Crore Deal for Mining Trucks
Bharat Earth Movers Ltd (BEML), a prominent public sector enterprise in heavy equipment manufacturing, has secured a ₹246.78 crore contract from Central Coalfields...
Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027
India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...
