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New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >
New Delhi: India's steel sector has taken another step toward decarbonization as SAIL Bokaro Steel Plant begins a hydrogen injection project in its blast furnace. The initiative follows the signing of an agreement with Forbes Marshall Private Limited and aligns with the country's broader push for sustainable industrial growth. The announcement, shared by the Ministry of Steel, Government of India, highlights India's growing focus on reducing carbon emissions from heavy industries. Steel product ...Read More >
New Delhi, Apr 8 (PTI) The domestic consumption of finished steel grew by 7-8 per cent to 164 million tonnes in FY26 on the back of increased activity in infrastructure, construction, railways, and manufacturing sectors. The country's crude steel output grew by over 10.7 per cent to around 168.4 million tonnes during the financial year, reflecting sustained industrial momentum. "Domestic demand remained the key growth driver with finished steel consumption (164 MnT), expanding by about 7-8 per ...Read More >
New Delhi: India's steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025-26, consolidating its position as the world's second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday. Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7-8 per cent, driven by increased ac ...Read More >
BHUBANESWAR: With President Droupadi Murmu likely to visit Rourkela on April 21, Union Tribal Affairs minister Jual Oram on Tuesday met Chief Minister Mohan Charan Majhi at Lok Seva Bhawan here to review key development initiatives in the steel city. Speaking to reporters after the meeting, Oram said the discussion focused on accelerating major infrastructure and industrial projects in Rourkela with particular emphasis on expansion of Rourkela Steel Plant and upgradation of Rourkela Airport. O ...Read More >
New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >
Rourkela Steel Plant (RSP), a unit of the Maharatna company Steel Authority of India Limited (SAIL), has registered its best-ever performance in 2025-26, achieving record output across key production units and setting new benchmarks in techno-economic efficiency. Sources said the plant posted its highest-ever April-March performance in blast furnace operations, with both blast furnace-1 and 5 recording peak production levels. Blast furnace-1 produced 10.7 lakh tonnes of hot metal, while blast f ...Read More >
New Delhi, April 4 (SocialNews.XYZ) The Steel Authority of India Limited (SAIL) has played a pivotal role in the construction of 'INS Taragiri' -- the fourth stealth frigate under Project 17A -- which was commissioned into the Indian Navy recently, the Maharatna PSU said on Saturday. The 6,670-tonne frigate was commissioned in the presence of Defence Minister Rajnath Singh at Visakhapatnam. Designed by the Navy's Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited, the vessel ...Read More >
New Delhi, April 4: The Steel Authority of India Limited (SAIL) has played a pivotal role in the construction of 'INS Taragiri' -- the fourth stealth frigate under Project 17A -- which was commissioned into the Indian Navy recently, the Maharatna PSU said on Saturday. The 6,670-tonne frigate was commissioned in the presence of Defence Minister Rajnath Singh at Visakhapatnam. Designed by the Navy's Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited, the vessel is equipped for ...Read More >
New Delhi, Apr 2: Steel Authority of India Ltd (SAIL), the largest steel-making public sector company, on Thursday said its sales grew by 11.5 per cent to 20.14 Million Tonnes (MT) in FY'26. The company's crude steel output was at 19.43 MT, and saleable steel production was at 19.176 MT during the financial year 2025-26. Record sales driven by broad-based growth "Strengthening its brand presence and customer reach, the company recorded best-ever sales of 20.14 Million Tonnes (MT), reflecting a ...Read More >
New Delhi, Apr 2 (PTI) Steel Authority of India Ltd (SAIL), the largest steel making public sector company, on Thursday said its sales grew by 11.5 per cent to 20.14 Million Tonnes (MT) in FY'26. The company's crude steel output was at 19.43 MT, and saleable steel production was at 19.176 MT during the financial year 2025-26. "Strengthening its brand presence and customer reach, the company recorded best-ever sales of 20.14 Million Tonnes (MT), reflecting an impressive 11.5 per cent growth ove ...Read More >
New Delhi: Steel Authority of India Ltd (SAIL) Chairman and Managing Director Amarendu Prakash has resigned from his post, effective April 2, following approval from the steel ministry, a regulatory filing said. In the interim, the company's Director (Personnel), Krishna Kumar Singh, has been given additional charge of Chairman and Managing Director for three months - from April 2 to July 1, 2026- or until a regular incumbent joins or until further orders, whichever is earlier, as per a steel m ...Read More >
New Delhi, Apr 2 (PTI) Steel Authority of India Ltd (SAIL) Chairman and Managing Director Amarendu Prakash has resigned from his post, effective April 2, following approval from the steel ministry, a regulatory filing said. In the interim, company's Director (Personnel) Krishna Kumar Singh has been given additional charge of Chairman and Managing Director for three months - from April 2 to July 1, 2026- or until a regular incumbent joins or until further orders, whichever is earlier, as per a s ...Read More >
Bhubaneswar: Seven state public sector enterprises (SPSEs) incurred a loss of Rs 794.98 crore during FY 2022-23, up from Rs 453.11 crore in FY 2021-22, the Comptroller and Auditor General of India (CAG) said Tuesday. The CAG audited the financial performance of the SPSEs for the financial year 2022-23 and mentioned its findings in a report, which was tabled in the Assembly Tuesday. "Of the 29 SPSEs audited, seven incurred a loss of Rs 794.98 crore during the 2022-23. These seven SPSEs had incur ...Read More >
Bhubaneswar: Seven state-run companies and corporations in Odisha posted a combined loss of ₹794.98 crore in the financial year 2022-23, according to a report by the Comptroller and Auditor General of India (CAG) tabled in the Assembly on Tuesday. The audit assessed the financial performance of 29 State Public Sector Enterprises (SPSEs), of which seven entities reported losses during the fiscal. The total loss marks a significant rise from ₹453.11 crore recorded by the same set of entities in 2 ...Read More >
Bhubaneswar, Mar 31 (PTI) Seven Odisha government-run companies and corporations incurred a loss of Rs 794.98 crore during the financial year 2022-23, the CAG said in a report. Comptroller and Auditor General of India (CAG) audited the financial performance of the State Public Sector Enterprises (SPSEs) for the financial year 2022-23 and mentioned its findings in a report, which was laid before the assembly on Tuesday. Of the 29 government companies and corporations audited by the CAG, seven e ...Read More >
New Delhi, Nov 20 (PTI) Parents and friends of a Class 10 student who ended his life over alleged mental harassment by some teachers staged a protest outside the St Columba's school on Thursday, demanding strict action against the accused teachers and accountability from the private school. There was no immediate reaction from the school administration to the allegations. The victim student's aunt claimed the family had been unaware of the extent of his suffering. "He was depressed for so lon ...Read More >
Bhubaneswar: Union Minister for Steel and Heavy Industries H D Kumaraswamy on Thursday inaugurated a two-day workshop (Chintan Shivir) in Bhubaneswar for an intensive dialogue on the future of India's steel industry. In his address, Kumaraswamy expressed gratitude to Prime Minister Shri Narendra Modi for his strategic leadership, guiding the domestic steel industry on a path of resilience and growth. He underlined the pivotal role of the steel sector in nation-building and reiterated the govern ...Read More >
Ranchi, Nov 20 (PTI) SAIL's Bokaro steel plant on Thursday said it has signed a licencing agreement with DRDO's Defence Metallurgical Research Laboratory (DMRL) for transfer of technology. By this pact, Bokaro steel plant will utilise the technology to manufacture special steel used in defence applications. "By this agreement, DRDO grants a non-inclusive licence to utilise the technology for the manufacture of DMR 249A steel sheets for naval applications in India and sell to Indian armed force ...Read More >
Earlier this year, SAIL had announced ambitious plans to more than double the plant's capacity from its current level to around 9 million tonnes per annum (MTPA). Union minister H D Kumaraswamy on Tuesday inaugurated a modern steel-making facility at SAIL's Rourkela Steel Plant (RSP), and underscored the project's importance for the region's socio-economic development. The Union Minister of Steel and Heavy Industries was accompanied by Jual Oram, the Union Minister of Tribal Affairs, on his tw ...Read More >
Nagpur: With Diwali scheduled for October 21, Nagpur is witnessing a sharp rise in daily waste generation as households and markets ramp up pre-festive cleaning and shopping.Data from the Nagpur Municipal Corporation (NMC) shows that the city's garbage output, which averaged around 1,250-1,300 metric tonnes (MT) per day during normal months, has now crossed 1,500MT in certain zones, reflecting a clear surge in waste due to pre-Diwali activities.On October 14, the city generated a total of 1,540M ...Read More >
Visakhapatnam, Oct 9 (SocialNews.XYZ) Former Andhra Pradesh Chief Minister and YSR Congress Party president Y.S. Jagan Mohan Reddy on Thursday assured the employees of Visakhapatnam Steel Plant (VSP) that saving the plant has always been the sole objective of the party. He reiterated his commitment to protect the VSP when employees called on him during his tour of Narsipatnam and Visakhapatnam. The employees submitted a petition outlining their concerns. According to YSRCP, the VSP employees ...Read More >
New Delhi, Oct 6 (PTI) State-owned SAIL has catered to the 100 per cent requirement of special grade steel for the Indian Navy's vessel, Androth, which was commissioned on Monday. The second Anti-Submarine Warfare Shallow Water Craft (ASW-SWC) was commissioned during a ceremonial event at the Naval Dockyard at Visakhapatnam in Andhra Pradesh. The induction of Androth will enhance the Navy's overall Anti-Submarine Warfare capabilities, particularly for operations in coastal and shallow waters. ...Read More >
Lucknow: The Council of Scientific and Industrial Research has been knowledge backbone and torchbearer of innovation in the country, as, from indelible ink used in every election to Sonalika tractor and NAL Saras multipurpose civilian aircraft, the list of its contributions is extensive. This successful scientific journey was shared by scientists during CSIR Foundation Day celebration held at IITR on Thursday."Founded on Sept 26, 1942, the glorious organisation is celebrating its 84th Foundation ...Read More >
Mumbai: Nearly a year after joining KRBL Ltd as an independent director, Anil Chaudhary has stepped down from the board of the renowned India Gate basmati brand owner, alleging corporate governance issues. In his resignation letter, the former Steel Authority of India Ltd (Sail) chairman flagged several governance concerns at the country's largest exporter of basmati rice, including inconsistencies in recording minutes of the company's board meetings, instances of information being withheld fro ...Read More >
MUMBAI: Benchmark equity indices Sensex and Nifty closed higher in a volatile session on Wednesday, driven by a rally in metal stocks and optimism related to the GST Council meeting. After oscillating between highs and lows, the 30-share BSE Sensex jumped 409.83 points or 0.51 per cent to settle at 80,567.71. During the day, the benchmark hit a high of 80,671.28 and a low of 80,004.60, gyrating 666.68 points. The 50-share NSE Nifty climbed 135.45 points or 0.55 per cent to 24,715.05. The GST ...Read More >
A three-year safeguard duty on steel imports, initiated by DGTR due to increased imports and declining domestic profits, faces strong opposition. GTRI's report suggests this duty could negatively impact auto, engineering, and construction sectors by raising input costs. Stakeholders argue that the duty will harm export competitiveness and create sourcing challenges, despite domestic steelmakers' profitability. The three-year safeguard duty on steel imports by Directorate General of Trade Remedi ...Read More >
Bhimavaram (West Godavari District): Providing employment opportunities to youth is the primary goal of Rozgar Mela initiative, Union Minister of State for Steel and Heavy Industries Bhupathiraju Srinivasa Varma said. Participating as the chief guest at 16th Rozgar Mela held in Guntakal on Saturday, the Minister reiterated that the Central government, under Prime Minister Narendra Modi's leadership, has been consistently working to provide quality employment to all sections of society. Accordin ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
New Delhi, Jul 11: Under the visionary leadership of Prime Minister Narendra Modi and the guidance of Union Minister for Heavy Industries & Steel, H.D. Kumaraswamy, the Ministry of Heavy Industries (MHI), Government of India, has announced a pioneering scheme to provide financial incentives for electric trucks (e-trucks) under the PM E-DRIVE initiative. This marks the first time the Indian government is extending direct support specifically for electric trucks, aiming to accelerate the country's ...Read More >
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