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NEW DELHI, April 9 (Reuters) - India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, revi ...Read More >
New Delhi: India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, reviewed by Reuters. ...Read More >
NEW DELHI, April 9 (Reuters) - India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, revi ...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 >
Visakhapatnam, Apr 1 (PTI) The Rashtriya Ispat Nigam Ltd (RINL) or Vizag Steel Plant (VSP) recorded a strong performance during the financial year 2025-26, achieving significant growth across key production and sales parameters compared to the previous year. VSP Deputy General Manager (DGM) J Mallikarjun Rao said hot metal production reached nearly six million tonnes, up from over 3.9 million tonnes in 2024-25, registering a growth of 52 per cent, while liquid steel output rose to 5.6 million t ...Read More >
Vijayawada: Chief Minister N Chandrababu Naidu on Tuesday directed TDP MLAs, MPs and cadres to firmly counter criticism from the YSRCP over the Amaravati capital issue, asserting that the Centre is moving to enact legislation recognising Amaravati as the state capital. Addressing party leaders through a teleconference, Naidu accused the previous YSRCP government of "leaving the state without a capital" by advocating a three-capitals model. "Investors stayed away due to lack of clarity. Had we c ...Read More >
Synopsis: Shares of this small cap stock surged 8% after Q3 results showed 60% QoQ net profit growth and revenue above Rs. 1,000 cr for the second consecutive quarter, driven by operational efficiency, 4PRO contracts, and automation initiatives. The shares of this company are in the business of manufacturing and marketing special refractory products, systems, and services to the steel industry in India and globally are in the spotlight after it rose by 8% following Q3 results with a 60 percent ...Read More >
New Delhi, Dec 17 (PTI) The domestic steel demand is estimated to grow by around 8 per cent in FY26, but softer steel prices will keep margins under pressure for producers, rating agency ICRA said on Wednesday. In a report, Icra projected the industry's operating margin to remain flat at about 12.5 per cent in FY26, lower than earlier expectations of an improvement. "While we project steel demand growth to remain healthy at 8 per cent for FY26, incremental supply has created a temporary surplu ...Read More >
New Delhi, [India] December 17 (ANI): Domestic steel demand is expected to remain healthy at around 8 per cent in FY2026; however, continued weakness in steel prices is likely to keep operating margins of steel producers under pressure, according to a report by rating agency ICRA. The report says, the operating environment for domestic steelmakers will remain challenging over the coming quarters amid subdued steel prices, stable but sticky input costs, and an unfavourable global environment. Th ...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 >
Vijayawada: Education and IT minister Nara Lokesh on Friday projected Andhra Pradesh as India's next global innovation hub, citing its transformative initiatives in education, industry and sports on the sixth day of his Australia tour. He held a series of meetings in Melbourne, including the Education Round Table, Austrade Executives' Round Table, CII Partnership Summit Roadshow and an interaction with Cricket Victoria officials on Friday. Lokesh outlined AP's integrated roadmap towards a $2.4 ...Read More >
Vijayawada: Education, IT and Electronics minister Nara Lokesh, on the fourth day of his tour in Australia, held a series of high-level meetings for arriving at or elevating AP's partnership with Australia in education, trade, aquaculture, and sports infrastructure. During a meeting with Griffith University vice president (Global) Marnie Watson at the Gold Coast campus, Lokesh urged the establishment of a Griffith University India Centre in Andhra Pradesh to coordinate research, student exchang ...Read More >
Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday directed officials to prepare a comprehensive report on the value of minerals available across the State, emphasising that value addition was key to generating higher revenues. Reviewing the functioning of the Mines Department and the Free Sand Policy at the Secretariat on Friday, the Chief Minister said Andhra Pradesh should emulate models like Odisha, which earns over ₹50,000 crore annually from minerals through value-added process ...Read More >
Chief minister Bhagwant Mann on Tuesday interacted with industrialists in Bengaluru, pitching Punjab as a preferred investment destination. The CM, during his interaction, said that since March 2022, Punjab has received investment proposals worth ₹1.23 lakh crore, which will generate employment for around 4.7 lakh youth. "Sectors such as food processing, textiles, auto components, hand tools, bicycles, IT, and tourism are positioning Punjab as a role model for other states. Tata's second-larg ...Read More >
"I think I'm the luckiest person in India because I have two great mentors -- one is my leader, Chandrababu Naidu, and second is Prime Minister Narendra Modi," Nara Lokesh, Minister for Information Technology, Electronics and Communications, in the Andhra Pradesh government, told Moneycontrol in an exclusive interview. "Prime Minister Modi has always been very inspiring. So, when I got the opportunity to meet with him one-on-one, he gave me time and he answered all the questions I had. I had a ...Read More >
Chandigarh (Haryana) [India], October 16 (ANI): In a heartfelt tribute, both daughters of Haryana-cadre IPS officer Y. Puran Kumar performed the 'mukhagni' to his mortal remains during his last rites at the Sector 25 crematorium. The solemn ceremony was attended by Haryana DGP OP Singh, along with other dignitaries, honouring the legacy of the esteemed officer. Puran Kumar allegedly shot himself at his residence in Chandigarh on October 7. In the 'final note' he left behind, he accused eight ...Read More >
Nagpur: Lloyds Metals and Energy Limited (LMEL), the company that operates an iron ore mine and is setting up an integrated steel plant in Gadchiroli, is open to offering a job to Maoist leader Bhupathi alias Sonu as its brand ambassador. The company has also expressed readiness to employ all the 50-odd Maoists who surrendered on Wednesday.LMEL sees Bhupathi as a potential candidate to spread the message of new dawn of development in the district, which was only known as a Maoist hotbed so far.L ...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: Chief Minister Nara Chandrababu Naidu on Tuesday presented Andhra Pradesh as a global investment hotspot at an industrial meeting in New Delhi. He highlighted his government's plans to create two million jobs, develop 40,000 acres of industrial land and build world-class infrastructure across ports, logistics and smart cities. Speaking at the curtain-raiser for the 30th Confederation of Indian Industry (CII) Partnership Summit, Naidu invited global investors to join the state's growt ...Read More >
Chennai (Tamil Nadu) [India], September 30 (ANI): A devastating accident occurred at the Ennore Thermal Power construction site in Tamil Nadu, where a steel arch collapsed, resulting in the deaths of nine workers on Tuesday. According to Dr J Radhakrishnan, Chairman of the Tamil Nadu Generation and Distribution Corporation (TANGEDCO), these workers were from Assam and the surrounding areas. The BHEL official has arrived at the spot. Also Read | MHADA Lottery 2025 Konkan Board Schedule Revised; ...Read More >
Bhubaneswar: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has increased from 6 MTPA to 9 MTPA -- bringing the plant closer to its goal of achieving 12 MTPA within the current financial year. The synchronised commissioning of Blast Furnace 2 and the BOF converter marks a significant milestone in India ...Read More >
Angul (Odisha) [India], September 30: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has risen from 6 MTPA to 9 MTPA--bringing Angul closer to its goal of achieving 12 MTPA within the current financial year. Also Read | India Women vs Sri Lanka Women Free Live Streaming Online of ICC Women's Cricket Wo ...Read More >
The Enforcement Directorate (ED) alleged that the B C Jindal group and its promoters transferred around ₹505 crore abroad through sham transactions. Searches were conducted at 13 Delhi premises of the group and its directors for suspected FEMA violations, including round-tripping via overseas entities Topaz Enterprise DMCC and Garnet Enterprise DMCC. ED claimed inflated valuations facilitated the transfers. The Enforcement Directorate (ED) on Wednesday alleged that the B C Jindal group of comp ...Read More >
RAIPUR: At least six persons were killed and six injured including two critically, in a tragic industrial accident at a private steel factory in Chhattisgarh capital on Friday evening. The incident occurred at Godavari Ispat Ltd. plant located in Siltara industrial area in Dharsiwa region of Raipur, Raipur SSP Lal Umed Singh told TOI. He said that a heavy structure of a ceiling collapsed during maintenance inspection, trapping workers underneath. The rescue operation is still underway and the ca ...Read More >
Raipur, Sep 26 (SocialNews.XYZ) A tragic industrial accident at the under-construction Godavari Power and Steel Limited Plant in Silatara Chowki (police post), Raipur, claimed the lives of six labourers and left six others severely injured, prompting renewed scrutiny of safety standards in construction zones across Chhattisgarh. The incident occurred during routine work hours when a section of the plant's structure collapsed. Eyewitnesses described a deafening crash followed by chaos as worker ...Read More >
Raipur: A tragic industrial accident at the under-construction Godavari Power and Steel Limited Plant in Silatara Chowki (police post), Raipur, claimed the lives of six labourers and left six others severely injured, prompting renewed scrutiny of safety standards in construction zones across Chhattisgarh. The incident occurred during routine work hours when a section of the plant's structure collapsed. Eyewitnesses described a deafening crash followed by chaos as workers rushed to rescue colle ...Read More >
Aug 18 (Reuters) - JSW Steel (JSTL.NS), opens new tab and South Korea's POSCO (005490.KS), opens new tab have entered a deal to explore setting up an integrated steel plant in India, the country's largest steelmaker by market capitalisation said on Monday. The steelmakers are yet to finalise the location and its financial details, but flagged that Odisha state is among the key locations being considered for the 6 million tonne per annum (MTPA) capacity plant. Last year, the two companies enter ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompani ...Read More >
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