These eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had witnessed a 3.1 per cent growth in July last year.
China is understood to have surplus capacity in steel which it wants to dump in India
Briefing reporters after the Cabinet meeting, Finance Minister Arun Jaitley said that the decision will make the industry globally competitive.
Indian steel exports have risen by 78 per cent in the eleven months (April-February) of the current fiscal and the country is on course to becoming the second largest steel producer in the world, Steel Minister Chaudhary Birender Singh said on Friday
The Indian Railways has renamed the Visakhapatnam-bound Samata Express in order to promote Vizag Steel, a Navratna Public Sector Undertaking under the Steel ministry.
The steel industry is one of the largest contributors to non-performing assets (NPA) in the country. It has outstanding loans of around Rs three lakh crore in various banks.
New Delhi: The state-owned CIL is getting ready to start auction of coal linkages to the non-power sector, including steel and cement, either by March-end or early April."We are looking to begin the auction of
Jalna: Increased steel import from China is hurting the Indian steel industry and the government was working towards a solution to the problem, Union Minister Nitin Gadkari said here today."Domestic steel industry has been facing
New Delhi: Steel giant Posco has signed an agreement with Shree Uttam Steel and Power, promoted by the Miglani family, to do a feasibility study to set up a 3 million tonne per annum (MTPA) integrated steel
New Delhi: To increase underground safety parameters, Zinc-Lead-Silver miner Hindustan Zinc on Monday said it has installed seven refuge chambers in its Rajasthan-based mines.According to the Vedanta Group company, the refuge chambers can be used
London/New Delhi: NRI billionaire Lakshmi Mittal-led ArcelorMittal today partnered PSU giant SAIL to set up an automotive steel plant with an estimated Rs 5,000 crore investment, taking a fresh shot at entering India after nearly
New Delhi: With a total production of 83.20 million tonnes (MT), India remained the world's fourth-largest steel producing nation for the fifth year in a row in 2014 as well, according to data compiled by
Geneva/New Delhi: In a major relief to the steel industry, the WTO has ruled against the US which had imposed high duty on imports of certain steel products from India.The Appellate Body of the World
New Delhi: With 62.41 million tonnes output, India remains the world's fourth largest steel producer in the first nine months of the current year, preceded by China, Japan and the US.World Steel Association (WSA) data
Jamshedpur: Jamshedpur municipal authority is running a project to control stray dog population, blamed for the incidence of rabies in humans, through mass sterilisation.Burgeoning stray dog population and increase in the incidence of rabies are
New Delhi: Domestic steel makers, who are facing subdued off-take, have something to cheer about now as a premier global industry association has projected India's steel demand to grow at 3.4 per cent during the