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Steel: Industry seeks hike in customs duty

Current Status India is the third-largest steel producer in the world. In 2015, India produced 91.46 million tonne (MT) of finished steel. Total finished steel production in the country increased......

A SAIL plant fuels hope of industrial revival in Bengal

The modernisation of IISCO Steel Plant in Burnpur can be a big boost for the state's industry if ancillary units come up around the plant The event was the completion of the modernisation of SAIL's......

Customs duty hike on imported steel to benefit steel players

The following announcements have been proposed in the Union budget 2015-16   Basic Customs Duty on metallurgical coke is being increased from 2.5% to 5%.   The tariff rate of......

Markets slip, rate sensitives weigh

Benchmark share indices ended nearly 1% lower on Wednesday as investors booked profits in rate sensitive shares after hopes of a rate cut remained elusive as inflation remained above the central......

No scam in coal block allocation: Tata Steel MD

Even as the furore over the Comptroller and Auditor General (CAG)'s report on the allocation of coal blocks continued to haunt the government, Tata Steel Managing Director H M Nerurkar on Tuesday......

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