Search For "steel sector"
Punjab: CGST Ludhiana busts Rs 455 crore fake GST billing scam in iron and
Updated : 5 months, 2 weeks ago IST
Acting on specific intelligence, officers of the Central Goods & Services Tax (CGST) Commissionerate, Ludhiana, conducted multiple search operations in Punjab's Ludhiana district on Tuesday and unearthed a massive fake GST invoice racket worth ₹455 Crore, officials said on Wednesday.
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India's Steel Industry Seeks Reforms in Standards, Green Steel Push, and G
Updated : 5 months, 2 weeks ago IST
New Delhi [India], September 6: The AIIFA Sustainable Steel Manufacturers Association, representing over 1,800 members nationwide, has called for comprehensive reforms in standards, sustainability practices, and taxation to strengthen the resilience and global competitiveness of India's stee
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Green steel push needs govt backing on demand, funding, say industry leade
Updated : 6 months, 3 weeks ago IST
With India's steel sector responsible for nearly 350 million tonnes of CO₂ emissions annually, industry leaders on Friday said the transition to low-carbon steel hinges on government creating demand through procurement mandates, besides providing financial support and policy certainty.
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Odisha CM Majhi calls on Union Minister HD Kumaraswamy to discuss steel se
Updated : 7 months, 1 week ago IST
Kumaraswamy highlighted the pivotal role Odisha plays in India's steel production capacity and reiterated the Centre's full commitment to accelerating growth under the leadership of Prime Minister Narendra Modi
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India Inc's revenue grew tepid 4-6% YoY in April-June: Crisil
Updated : 7 months, 1 week ago IST
India Inc's revenue likely grew a modest 4-6 per cent year-on-year in the April-June quarter of this current fiscal, slowing from 7 per cent growth in the previous two quarters, due to sluggish performance by the power, coal, information technology (IT) services and steel sectors, which coll
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India Steel Conclave 2025: Industry Experts hail 12% safeguard duty tax, s
Updated : 7 months, 1 week ago IST
The 12 per cent safeguard duty on steel imports is hailed as a strategic move by Industry leaders at the India Steel Conclave 2025.
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Dharmendra Pradhan chairs meeting with Union Ministers on expansion of Rou
Updated : 8 months, 3 weeks ago IST
In a post on X, Dharmendra Pradhan posted, "Together with Union Ministers HD Kumaraswamy and Jual Oram, co-chaired a meeting to resolve issues on the expansion of Rourkela Steel Plant in Odisha. Expansion of RSP is strategically important for India's steel sector as well as for the industria
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India Steel 2025: PM Modi shares growth story in steel sector, contributio
Updated : 10 months, 3 weeks ago IST
Virtually addressing the 6th edition of India Steel 2025, a conference on the steel industry, Prime Minister Narendra Modi highlighted the country's growing prowess in this critical sector and outlined its future plans.
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Green hydrogen presents transformative opportunity to decarbonise India's
Updated : 10 months, 3 weeks ago IST
India is making substantial strides in clean energy transition by investing in green hydrogen infrastructure, shifting from carbon-intensive hydrogen production methods to renewable-powered green hydrogen through electrolysis.
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Solar power can save up to 10% for steel sector companies: Ember report
Updated : 11 months, 2 weeks ago IST
The report highlighted that the greatest benefits are seen in standalone electric arc furnace (EAF) steelmaking, where solar energy can significantly cut operational expenses.
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As India's Steel Deficit Widens, Baldota's Rs54,000 Cr Plant Can Play a Cr
Updated : 11 months, 3 weeks ago IST
New Delhi [India], March 27: India's steel sector is at a critical juncture, with finished steel imports surging by 20% to 8.29 million tonnes in the April-January period of this fiscal year. Domestic producers are struggling with narrowing profit margins and intensifying competition from fo
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Synergy Steels Applauds Rs50,000 Cr Push for Port Modernization and Rs10.7
Updated : 1 year ago IST
New Delhi [India], February 19: Synergy Steels lauds the Union Budget 2025-26, as it places high priority on infrastructure expansion and logistics efficiency, both critical for strengthening India's stainless steel sector. It is expected that the government's commitment to building public-p
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