Indian economy
No New US Tariffs on Indian Steel, Aluminium, and Auto Sectors
Following the announcement by US President Donald Trump about the move of reciprocal tariffs of 26% on Indian products, Indian steel and automotive...
The Ramco Cements Sells ₹455 Crore in Non-Core Assets to Cut Debt
Ramco Cements has asset monetization of ₹455.03 crore in FY25 as part of the company’s asset monetization strategy which aims to reduce debt...
Steel Mills Cut Production as Imports Surge, Trade Deficit Widens
In a development that could put upward pressure on domestic steel prices, key Indian steel makers, barring Jindal Steel and Power Ltd (JSPL) have...
India’s Steel Industry Unshaken by EU Import Curbs, Local Demand to Offset Impact
India may be harming the EU steelmakers, who need more fresh goods; The European Commission in September imposed high import taxes to protect local...
JSW Steel Hits Record High as Metal Stocks Surge Amid Strong Demand
Metal stocks are witnessing a strong rally on Dalal Street, with JSW Steel hitting an all-time high of ₹1,072 per share. The stock...
Specialty Steel PLI Scheme Attracts Rs 25,200 Crore Investment by 35 Companies
India’s push to promote domestic manufacturing is picking up speed, with 35 companies pledging a whopping Rs 25,200 crore to drive the specialty...
Hindalco to Infuse $5.2 Billion to Expand its Metals Business
Hindalco Industries, one of India’s biggest aluminium and copper producers, has unveiled a ₹450 billion ($5.21 billion) investment to expand its metals presence. The...
Steel Exchange India Expands Production Capacity, Shares Surge
Steel Exchange India jumped 3.27% to ₹7.90 after the firm announced the completion of its expansion at the Visakhapatnam facility in the state of...
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...
GTRI Urges India to Halt Trade Talks with US Amid Mounting Pressure
India should suspend all trade negotiations with the United States and engage with the Trump administration in the same way as nations like...
