Search result for 'steel ministry'

Govt Disburses Rs 14,020 Cr in PLI Schemes: Boost to Domestic Manufacturing

March 22, 2025 16:51

The Indian government has disbursed Rs 14,020 crore under Production-Linked Incentive (PLI) schemes for 10 sectors, including electronics and pharma, to boost domestic manufacturing. Read more.

NMDC Operations Resume After Worker Protests

March 21, 2025 16:44

Normal operations have resumed at NMDC's projects after workers ended a two-week protest. The miner aims to achieve 45 million tonnes of production in FY25.

Govt Receives 73 Applications for Specialty Steel PLI Scheme

March 12, 2025 14:14

India's steel ministry received 73 applications under the second round of PLI scheme for specialty steel, aiming to boost domestic production and reduce reliance on imports.

NMDC Worker Unions Protest Despite Wage Talks

March 9, 2025 14:14

NMDC worker unions continue protesting despite ongoing wage revision talks, impacting production and potentially hurting the company's financial performance.

Indian Standards Priority: Consumer Affairs Secy Urges Ministries

February 13, 2025 20:33

India's Consumer Affairs Secretary urges all ministries to prioritize Indian standards, emphasizing the importance of Quality Control Orders (QCOs) for boosting domestic market and curbing...

Climate Finance Taxonomy Ready in 6 Months: DEA Secretary

February 9, 2025 09:40

India's Economic Affairs Secretary announces the development of a climate finance taxonomy, expected to be ready within six months, to facilitate green transition and attract investments.

MSTC Sells FSNL to Konoike Transport: Strategic Disinvestment Complete

January 21, 2025 20:24

The Indian government has completed the strategic disinvestment of FSNL, a subsidiary of MSTC Ltd, by transferring full shareholding to Japanese company Konoike Transport Co Ltd.

KIOCL-NMDC Merger Considered: Steel Minister

January 17, 2025 18:31

India's Steel Minister confirms the government is considering merging KIOCL with NMDC, citing KIOCL's financial struggles. The decision is part of a wider revival plan for the Indian steel sector.

India Launches New PLI Scheme for Steel Sector

January 5, 2025 14:52

India's government will launch a new round of the PLI scheme for the steel sector, aiming to boost domestic production of specialty steel and reduce imports. The scheme has already attracted...

MOIL Manganese Ore Production Up 5% in Apr-Dec 2024

January 3, 2025 17:56

State-owned MOIL's manganese ore production rose by 4.5% to 13.3 lakh tonnes in April-December 2024, driven by strong demand. Sales also increased by 4% to 11.39 lakh tonnes.

151 Steel Standards Incorporated in QCO: BIS | India News

January 2, 2025 18:22

India's Bureau of Indian Standards (BIS) has incorporated 151 steel standards into the Quality Control Order (QCO) to ensure high-quality steel production and imports.

SAIL Wins 'Great Place to Work' Certification Again

December 30, 2024 18:32

State-owned SAIL has been certified as a 'Great Place to Work' for the second consecutive year, based on employee feedback. The certification highlights SAIL's commitment to fostering a positive...

Rs 17,581 Cr Invested in PLI Scheme for Specialty Steel: Govt

December 30, 2024 18:04

The government has revealed that companies have invested Rs 17,581 crore in the PLI scheme for specialty steel, aiming to boost domestic production and reduce imports. The scheme has generated over...

Steel Sector Eyes Policy Support Amid Imports & Green Steel Push - 2025

December 28, 2024 15:10

India's steel sector faces challenges from rising imports, volatile raw material prices, and the need to transition to green steel. The industry is seeking policy support to safeguard its interests...

India Launches Safeguard Probe on Steel Imports

December 20, 2024 18:09

India initiates a probe into steel imports following a complaint from the Indian Steel Association, aiming to protect domestic producers from increased competition.

DGTR Probing Steel Import Surge: Impact on MSMEs

December 16, 2024 18:11

India's DGTR investigates rising steel imports, consulting MSMEs before recommending safeguard duty. Potential impact on downstream industries and export competitiveness.

Safeguard Duty on Steel Imports: Govt Considers Proposal

December 12, 2024 13:45

India's steel ministry is considering a 25% safeguard duty on steel imports to protect domestic players from cheap imports. The move comes as steel imports have surged, particularly from China.

Steel Import Duty Impact on MSME Exports: Concerns Rise

December 3, 2024 15:26

MSME exporters fear additional duty on steel imports will make domestic products uncompetitive, hurting outbound shipments. The move is met with opposition from industry groups who highlight...

Steel Import Duty to Hurt MSME Exporters: Concerns Rise

December 3, 2024 15:13

MSME exporters warn that proposed steel import duty will make domestic products uncompetitive and impact outbound shipments. Concerns over rising steel prices and potential impact on MSMEs.

India Proposes 25% Safeguard Duty on Steel Imports

December 2, 2024 19:02

India's steel ministry proposes a 25% safeguard duty on steel imports to protect domestic industry from cheap imports, raising concerns about FTAs and port delays.

Port Delays & Red Tape Hurt India's Steel Users: Think Tank

November 18, 2024 13:51

Port delays and complex regulations are hurting India's steel user industry, impacting over 10,000 units. Think tank GTRI urges streamlining import processes and digitization.

Govt Injects Rs 1,650 cr in RINL to Keep it Afloat

November 3, 2024 11:38

The Indian government has infused Rs 1,650 crore in RINL, a struggling state-owned steel company, to keep it operational. The move comes as the government explores privatization options for the...

MSTC Sells FSNL to Japan's Konoike Transport

October 24, 2024 20:42

MSTC has signed a share purchase agreement with Konoike Transport Co. Ltd for strategic disinvestment of Ferro Scrap Nigam Limited (FSNL). The transaction will be completed for Rs 320 crore.

RINL CMD Additional Charge Assigned to Ajit Kumar Saxena

September 30, 2024 16:13

The Indian government has assigned the additional charge of CMD RINL to Ajit Kumar Saxena, currently the CMD of MOIL. This comes as RINL faces financial difficulties and operational issues.

RINL Merger with SAIL: Govt Aims to Save Vizag Plant

September 27, 2024 14:28

India's government is considering merging RINL with SAIL to rescue the Vizag plant. The move aims to address financial and operational challenges faced by the steelmaker.

Govt Approves FSNL Sale to Japan's Konoike for Rs 320 cr

September 19, 2024 17:51

India's government approves the sale of Ferro Scrap Nigam Ltd (FSNL) to Japanese corporation Konoike Transport Co Ltd for Rs 320 crore, marking the privatization of the state-owned company.

Steel Import Curb: India Explores Measures - Kumaraswamy

September 18, 2024 11:53

India's steel ministry is in talks with the finance ministry to curb rising steel imports. Measures under consideration include a minimum import price and protection for the domestic industry.

India to Raise Steel Import Duties to Protect Industry

September 4, 2024 18:04

India's steel minister proposes increasing import duties to 10-12% to counter cheap steel imports from China and protect the domestic industry.

Steel Import Duty Hike to 10-12%: Kumaraswamy

September 4, 2024 13:27

India's Steel Minister, HD Kumaraswamy, seeks to raise import duties to 10-12% to combat Chinese steel dumping and protect domestic industry growth.

India's Green Steel Push: Consortium for Indigenous Technology Formed

July 31, 2024 16:56

India takes steps towards green steel with the formation of a consortium to develop indigenous technology, aiming to reduce carbon footprint in the steel sector. The government also seeks to lower...

India Steel Production to Cross 300MT by 2030: Official

July 27, 2024 16:43

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Steel Ministry Appoints Director to MOIL Board

July 19, 2024 14:41

Vinod Kumar Tripathy, a Joint Secretary in the Ministry of Steel, has been appointed as a government Director on the board of MOIL. Read more about his background and expertise.

India has option to propose retaliatory duties on EU's safeguard measures on some steel products

June 17, 2024 18:12

India is considering retaliatory duties on EU steel imports after failing to reach a consensus on the EU's safeguard measures. The move follows the EU's extension of safeguard duties on certain...

HD Kumaraswamy Takes Charge as Heavy Industries Minister

June 11, 2024 19:52

JD(S) leader HD Kumaraswamy takes charge as Union Minister for Heavy Industries and Steel, promising to address challenges and seeking time to understand the ministries.

Adani Gangavaram Port Resolves Coking Coal Transportation Issue

May 17, 2024 20:22

The transportation of coking coal from Adani Gangavaram Port Ltd (AGPL) to RINL plant has resumed, resolving a crisis that affected steel production.

India Becomes Net Steel Importer in FY24: Imports Surge 38%

April 8, 2024 19:25

India's finished steel imports rose 38% to 8.32 MnT in FY24, making the country a net importer. Domestic steel makers are concerned about rising imports, particularly from China.

SAIL Q3 Profit Down 22%, Output Up: Steel Maker Reports Results

February 12, 2024 20:54

SAIL's net profit fell 22% to Rs 423 crore in Q3 FY24, but output rose to 4.75 MT. The company also announced an interim dividend of Re 1 per share.

CBI Books TTPL MD in Rs 120 Crore Loss Case

February 7, 2024 15:09

CBI registers FIR against Travancore Titanium Products Limited (TTPL) MD and former MD for alleged irregularities in hiring a consultant, leading to Rs 120 crore loss.

SAIL & NMDC Directors Suspended for Misconduct

January 20, 2024 15:42

The Steel Ministry has suspended three directors from SAIL and NMDC for alleged misconduct. The suspension follows investigations by Lokpal. Read more.

PLI 2.0 for Steel: Govt Plans, Import Concerns & Industry Outlook

December 26, 2023 11:19

India's steel sector is set for growth in 2024 with PLI 2.0, but concerns remain over imports & raw material costs. Experts predict strong demand, but industry players urge govt action.

India Urges Steelmakers to Embrace AI for Efficiency

December 15, 2023 22:06

India's steel ministry encourages steelmakers to implement artificial intelligence (AI) for improved value chain, energy management, and green steel initiatives.

India Reviews Surging Steel Imports from China, Vietnam

December 15, 2023 16:19

India's Steel Ministry reviewed steel import situation amid concerns from domestic industry over rising imports from China and Vietnam. Steel makers highlighted the surge in imports despite similar...

Jindal Stainless Aims for 50% Carbon Reduction by 2035

December 8, 2023 15:36

Jindal Stainless is investing Rs 700 crore in sustainability projects, aiming for a 50% carbon emissions reduction by 2035, and showcasing its decarbonisation initiatives at COP28.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'steel ministry'

Govt Disburses Rs 14,020 Cr in PLI Schemes: Boost to Domestic Manufacturing

NMDC Operations Resume After Worker Protests

Govt Receives 73 Applications for Specialty Steel PLI Scheme

NMDC Worker Unions Protest Despite Wage Talks

Indian Standards Priority: Consumer Affairs Secy Urges Ministries

Climate Finance Taxonomy Ready in 6 Months: DEA Secretary

MSTC Sells FSNL to Konoike Transport: Strategic Disinvestment Complete

KIOCL-NMDC Merger Considered: Steel Minister

India Launches New PLI Scheme for Steel Sector

MOIL Manganese Ore Production Up 5% in Apr-Dec 2024

151 Steel Standards Incorporated in QCO: BIS | India News

SAIL Wins 'Great Place to Work' Certification Again

Rs 17,581 Cr Invested in PLI Scheme for Specialty Steel: Govt

Steel Sector Eyes Policy Support Amid Imports & Green Steel Push - 2025

India Launches Safeguard Probe on Steel Imports

DGTR Probing Steel Import Surge: Impact on MSMEs

Safeguard Duty on Steel Imports: Govt Considers Proposal

Steel Import Duty Impact on MSME Exports: Concerns Rise

Steel Import Duty to Hurt MSME Exporters: Concerns Rise

India Proposes 25% Safeguard Duty on Steel Imports

Port Delays & Red Tape Hurt India's Steel Users: Think Tank

Govt Injects Rs 1,650 cr in RINL to Keep it Afloat

MSTC Sells FSNL to Japan's Konoike Transport

RINL CMD Additional Charge Assigned to Ajit Kumar Saxena

RINL Merger with SAIL: Govt Aims to Save Vizag Plant

Govt Approves FSNL Sale to Japan's Konoike for Rs 320 cr

Steel Import Curb: India Explores Measures - Kumaraswamy

India to Raise Steel Import Duties to Protect Industry

Steel Import Duty Hike to 10-12%: Kumaraswamy

India's Green Steel Push: Consortium for Indigenous Technology Formed

India Steel Production to Cross 300MT by 2030: Official

Steel Ministry Appoints Director to MOIL Board

India has option to propose retaliatory duties on EU's safeguard measures on some steel products

HD Kumaraswamy Takes Charge as Heavy Industries Minister

Adani Gangavaram Port Resolves Coking Coal Transportation Issue

India Becomes Net Steel Importer in FY24: Imports Surge 38%

SAIL Q3 Profit Down 22%, Output Up: Steel Maker Reports Results

CBI Books TTPL MD in Rs 120 Crore Loss Case

SAIL & NMDC Directors Suspended for Misconduct

PLI 2.0 for Steel: Govt Plans, Import Concerns & Industry Outlook

India Urges Steelmakers to Embrace AI for Efficiency

India Reviews Surging Steel Imports from China, Vietnam

Jindal Stainless Aims for 50% Carbon Reduction by 2035

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