Indian economy
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...
Government Acts on Rising Steel Imports: Minister Kumaraswamy Responds to Industry Concerns
The Indian government is actively addressing concerns related to rising steel imports, particularly substandard materials, according to Union Steel Minister H D Kumaraswamy....
Jindal Stainless Acquires Full Stake in Chromeni Steel
India’s Jindal Stainless Limited (JSL) has completed the acquisition of the remaining 46 percent equity stake in Chromeni Steel Private Limited (CSPL), the...
