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STEEL MANUFACTURERS FINANCIAL BURDEN
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...- India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
- Vizag Steel Plant tragedy: Andhra Dy CM announces ex-gratia; says such an accident 'never occurred' in 30 yearsAndhra Pradesh Deputy Chief Minister Pawan Kalyan on Tuesday expressed deep grief over the tragic explosion at the Visakhapatnam Steel Plan...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- JSW Steel crude steel production rises 15% to 22.93 LTJSW Steel reported a significant 15 percent jump in crude steel production for May. The company produced 22.93 lakh tonnes, a notable incre...
- Kiran Mazumdar-Shaw's Immuneel Therapeutics raises Rs 100 crore from Singularity AMC, Rainmatter, othersThe Bengaluru-based company makes CAR-T therapy, a form of cancer treatment where a patient’s own immune cells are taken out, trained in a ...
- Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
- Tata Steel shares dip over 2% as UK project may face 6-8 month delay amid electricity access issuesTata Steel's ambitious low-carbon steel project in the UK is facing a significant delay. The commissioning of the new electric arc furnace ...
- Tata Steel says UK plant's low-emission project facing delays in securing electricity accessTata Steel's significant UK project for low-carbon steel production is facing delays. The company is experiencing a setback of six to eight...
- Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plantTata Steel shares dropped nearly 3% after a fire at its Port Talbot plant in the UK forced a temporary halt to operations. While emergency ...
- Tata Steel eyes 9% India sales growth this fiscalTata Steel aims for a nearly 9% increase in Indian steel sales this fiscal year, leveraging expanded capacity at its Kalinganagar facility....
- India to roll out 6–7 FTAs next year as trade push accelerates: Piyush GoyalIndia is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally...
- These large- and mid-cap stocks may give more than 25% return in 1 year, according to analystsFor the last few earnings seasons, the message has been: “Show me growth, I have the money.” Stocks with better-than-expected earnings saw ...
- Fire breaks out at Tata Steel's United Kingdom plantA fire erupted at Tata Steel's Port Talbot plant in the UK. Emergency services responded swiftly to the incident. All personnel were safely...
- Manufactured monopoly: How industrial policy is structuring monopolies in IndiaIndia's industrial strategies are shaping a landscape where giant corporations thrive while smaller enterprises struggle to keep up. Polici...
- US tariffs on agricultural machines to be cut, 50% metal levies stayThe US has reduced tariffs on farm equipment to 15% and introduced a new 10% tariff for products using at least 85% US-origin metals. These...
- US may have shaved its metal tariffs but the steel wall facing Indian exporters remains standingTariff modifications in the United States bring a touch of relief for Indian exporters, particularly with reduced duties on select metal-in...
- Trump temporarily slashes tariffs on farm, industrial equipment from 25% to 15%America's President Donald Trump has reduced tariffs on farm and industrial equipment. Duties on machinery like harvesters and bulldozers w...
- Manufacturing activity at 3-month high in May despite cost woesIndia's manufacturing sector saw strong growth in May, reaching a three-month high. Demand remained steady, boosted by infrastructure proje...
- India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...
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