Indian economy
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...
SAIL Confident of Growth, to Invest $800 Million in New Rail Mill
In a bid to solidify India’s rail infrastructure, the state-run Steel Authority of India Limited (SAIL), has unveiled plans to invest around $800 million...
Tata Steel CEO Calls for Government Action to Curb Rising Steel Imports
Tata Steel CEO T V Narendran has urged the government to take immediate action to control rising steel imports, which he says are...
ACE Profit Jumps 26% in Q3 FY25, Revenue Gains 16.65%
Action Construction Equipment Ltd (ACE), a leading player in the construction and material handling equipment industry in India, has delivered a strong financial...
India’s Infrastructure Boom: Key Developments and Achievements
India has emerged as an economic world leader with its infrastructure development, as huge investments drive growth in important sectors. The last decade...
New Tax Regime in Budget 2025: No Tax on Income Up to Rs 12 Lakh.
Finance Minister Nirmala Sitharaman’s announcement of huge tax relief for the middle class has caused an outburst of excitement all across the country...
