Specialty steel companies committed investment worth Rs 27,106 crore under PLI

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

"India has sufficient gas production and supply arrangements to sustain this position even in the event of a prolonged conflict. Power generation for every household and for industry is fully protected," Hardeep Singh Puri said. Opposition members sloganeered and protested against Puri's remarks.

Bhubaneshwar (Odisha) [India], March 12: Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Keonjhar district. The iron ore block spans approximately 84 hectares. Following the successful conclusion of the online auction, Jindal Steel has committed to a final price offer of 111.15 per cent premium to the Government of Odisha.

Vijayawada (Andhra Pradesh) [India], March 12: The Sri Vighnavimochaka Hanuman Temple near Vijayawada has installed India's tallest steel doors, standing at an impressive 40 feet in height. The monumental doors were engineered and manufactured by AACESS Tough Doors, a Hyderabad-based company specializing in large engineered steel door systems. Constructed using approximately 1.4 tonnes of high-strength structural steel, the massive installation features a double-shutter, two-side sliding system with remote-controlled automation, enabling smooth and safe operation despite its extraordinary scale.

India's semiconductor ecosystem is expected to achieve a production capacity of 75-80 million chips per day as several newly announced semiconductor plants begin operations by the end of this year or early next year, according to Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA) and SEMI India.