News for '-steel'

Indian steel sector flags Chinese imports, wants 'trade distortions' fixed

Indian steel sector flags Chinese imports, wants 'trade distortions' fixed

Rediff.com29 Aug 2023

Worried by a spike in Chinese imports, the Indian Steel Association (ISA) plans to take up the matter with the government and seek measures to fix "trade distortions". Alok Sahay, secretary general of the group that represents the country's steel producers, said systemic changes were needed. "In order to take any trade measure, it takes a minimum of 15 months' time, due to prevalence of lesser duty rule in India, making India an easy target. "We are going to write to the government on this," he said.

Sabalenka's epic comeback stuns Rybakina

Sabalenka's epic comeback stuns Rybakina

Rediff.com21 Jun 2025

Aryna Sabalenka showed nerves of steel and champion's resolve to defeat Elena Rybakina in their Berlin Open quarter-final on Friday, saving four match points in the final-set tiebreak.

From 'Reluctant Politician' To Vice President

From 'Reluctant Politician' To Vice President

Rediff.com22 Jul 2025

While naming him as the NDA candidate for the Vice President's post, the BJP had described him as 'Kisan putra', a move seen in the political circles aimed at reaching out to the politically significant Jat community which had participated in huge numbers in the year-long farmers' protests against agriculture reform measures unveiled in June 2020.

Norway Chess: Gukesh slumps to second defeat

Norway Chess: Gukesh slumps to second defeat

Rediff.com28 May 2025

Arjun defeats Gukesh as world champion suffers second successive loss in Norway Chess

More ambitious Praggnanandhaa reveals his secret

More ambitious Praggnanandhaa reveals his secret

Rediff.com29 Jun 2025

Praggnanandhaa on Sunday attributed the change in fortune to increased confidence and ambition

Salute The Indian Railways For This Marvel!

Salute The Indian Railways For This Marvel!

Rediff.com5 Jun 2025

The inauguration of the Chenab Bridge on June 6 marks a historic milestone in India's infrastructure journey, completing the decades-long Udhampur-Srinagar-Baramulla Rail Line project.

Days after Pahalgam attack, terror hideout busted in Poonch

Days after Pahalgam attack, terror hideout busted in Poonch

Rediff.com5 May 2025

The hideout was busted during a joint search operation by army and special operations group of J-K police at Suranthal in Marhote area of Surankote late Sunday evening, the officials said.

'Global barriers to trade are increasing'

'Global barriers to trade are increasing'

Rediff.com6 Feb 2025

'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'

Sensex jumps 410 pts on buying in banking shares

Sensex jumps 410 pts on buying in banking shares

Rediff.com21 May 2025

Among Sensex firms, Bajaj Finserv, Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestle, Tata Motors, Hindustan Unilever and Mahindra & Mahindra were the biggest gainers. IndusInd Bank, Kotak Mahindra Bank, Power Grid and ITC were among the laggards.

Sensex ends in red; Nifty remains flat

Sensex ends in red; Nifty remains flat

Rediff.com10 Jun 2025

Among Sensex firms, Asian Paints, Bajaj Finance, Tata Steel, Bajaj Finserv, ICICI Bank, Maruti, Reliance Industries, HDFC Bank and Mahindra & Mahindra declined. Tech Mahindra, Tata Motors, Infosys, HCL Tech, IndusInd Bank and UltraTech Cement were among the gainers.

Sensex, Nifty tumble 1%; RIL, HDFC Bank major drags

Sensex, Nifty tumble 1%; RIL, HDFC Bank major drags

Rediff.com20 May 2025

From Sensex firms, Eternal dropped the most by 4.10 per cent. Maruti, Mahindra & Mahindra, UltraTech Cement, Power Grid, Nestle, Bajaj Finance, Hindustan Unilever and Asian Paints were also among the laggards. HDFC Bank dropped by 1.26 per cent and index major Reliance Industries by 1.13 per cent. Tata Steel, Infosys and ITC were the gainers.

Norway Chess: Gukesh beats Erigaisi, overtakes Carlsen

Norway Chess: Gukesh beats Erigaisi, overtakes Carlsen

Rediff.com3 Jun 2025

Reigning world champion D Gukesh continued to turn adversity into opportunity as he wriggled out of a virtually intractable position to beat compatriot Arjun Erigaisi for the first time ever in a classical game and jump to sole second position after round 7 of the Norway Chess.

World Championship: Gukesh will need nerves of steel at business end

World Championship: Gukesh will need nerves of steel at business end

Rediff.com10 Dec 2024

While the mind games will go on in the last two games and a potential tiebreaker, American Hikaru Nakamura and world number one Magnus Carlsen feel that the balance had tilted slightly in Ding Liren's favour.

Sensex gains 320 points; Nifty ends above 24K

Sensex gains 320 points; Nifty ends above 24K

Rediff.com29 May 2025

Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.

Space debris? Huge metal object falls on house in Maha

Space debris? Huge metal object falls on house in Maha

Rediff.com21 Apr 2025

Astronomy enthusiast Suresh Chopne who heads Sky Watch Group claimed the metal object could be a part of a rocket booster of a satellite sent into space.

Explained: India's trade ties with Turkey and Azerbaijan amid Pak conflict

Explained: India's trade ties with Turkey and Azerbaijan amid Pak conflict

Rediff.com14 May 2025

India's trade relations with Turkey and Azerbaijan are expected to come under strain due to Ankara and Baku backing Islamabad and condemning India's recent strikes on terror camps in Pakistan. Following their support to Pakistan, calls for boycotting Turkish goods and tourism have surfaced across the country, with online travel platforms such as EaseMyTrip and Ixigo issuing advisories against visiting these nations.

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

Rediff.com14 Jul 2025

64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.

Steel firms prep for festivals, see demand by auto, consumer goods sectors

Steel firms prep for festivals, see demand by auto, consumer goods sectors

Rediff.com23 Sep 2023

The festive season will mean business for the steel industry as it is the time when automotive and consumer appliance companies bump up demand to prepare for higher sales, experts have said. Ranjan Dhar, chief marketing officer at ArcelorMittal Nippon Steel India (AM/NS India), said that bookings by auto and consumer appliance industries are 20 per cent higher ahead of the festive season compared to last year. "While this could be for a couple of months, it could normalise later at approximately 10 per cent," he said.

Tariff talks with India going great, think will have deal: Trump

Tariff talks with India going great, think will have deal: Trump

Rediff.com30 Apr 2025

US President Donald Trump has said that tariff negotiations with India are "coming along great," and he thinks the two countries will strike a trade deal.

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Rediff.com11 Apr 2025

From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.

India well-positioned to deal with negative effects of US tariffs: Moody's

India well-positioned to deal with negative effects of US tariffs: Moody's

Rediff.com21 May 2025

India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.

'US May Demand Not Just Tariff Cuts But...'

'US May Demand Not Just Tariff Cuts But...'

Rediff.com5 Mar 2025

I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'

Was ready to strike during Operation Sindoor: Navy chief

Was ready to strike during Operation Sindoor: Navy chief

Rediff.com28 Jun 2025

During Operation Sindoor, Indian naval ships, submarines and aircraft were operationally ready and deployed, projecting strength and preparedness to deter any "potential actions from our western adversary" in the maritime domain, Navy chief Admiral Dinesh K Tripathi said on Friday.

'I Needed To Follow My Karma'

'I Needed To Follow My Karma'

Rediff.com25 Jun 2025

'Once bitten, twice shy, I didn't take up the challenge this time...' 'I realised I had failed to follow my karma because I feared failure.'

'US Is Only Arm-Twisting'

'US Is Only Arm-Twisting'

Rediff.com13 Jun 2025

'There is nothing bilateral about this deal.'

Why US will soon become 'penniless'

Why US will soon become 'penniless'

Rediff.com10 Feb 2025

United States President Donald Trump has announced that Washington DC will stop minting pennies, citing their high production cost, which exceeds their face value and termed the practice "wasteful." President Trump said Sunday that he has instructed Treasury Secretary Scott Bessent to "stop producing new pennies."

Sensex jumps 455 points, Nifty tops 25K

Sensex jumps 455 points, Nifty tops 25K

Rediff.com26 May 2025

From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.

US court blocks Trump's major tariffs, says exceeds authority

US court blocks Trump's major tariffs, says exceeds authority

Rediff.com29 May 2025

A US federal court on Wednesday (local time) ruled against US President Donald Trump's large-scale imposition of sweeping tariffs, deeming that this move exceeds his legal authority and that it would affect a wide range of imported goods, as reported by CNN.

India edge Bangladesh on penalties to win SAFF U-19 title

India edge Bangladesh on penalties to win SAFF U-19 title

Rediff.com18 May 2025

India beat Bangladesh 4-3 on penalties after the title clash ended 1-1 in regulation time.

Infra sectors growth slips to 5-month low of 2.9% in Feb

Infra sectors growth slips to 5-month low of 2.9% in Feb

Rediff.com29 Mar 2025

The output of eight key infrastructure sectors slowed down to a five-month low of 2.9 per cent in February, as against 7.1 per cent growth registered a year ago, according to official data released on Friday. On a monthly basis, the production growth of the core sectors was lower than the 5.1 per cent expansion recorded in January.

No Anderson at Leeds: Gill & Co. can breathe easy

No Anderson at Leeds: Gill & Co. can breathe easy

Rediff.com18 Jun 2025

To say the least, a relatively inexperienced batting line up led by Shubman Gill would be relieved to see the name of James Anderson

'A glorious day for South Africa'

'A glorious day for South Africa'

Rediff.com14 Jun 2025

From 'hope to history': Cricketing world explodes with joy as SA finally win major ICC title

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

Rediff.com19 Jan 2024

More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.

Sensex rises 148 points on gains in HDFC Bank, RIL

Sensex rises 148 points on gains in HDFC Bank, RIL

Rediff.com19 Mar 2025

From the Sensex pack, Tata Steel, Zomato, Power Grid, UltraTech Cement, IndusInd Bank, Larsen & Toubro, Adani Ports, NTPC, State Bank of India and Reliance Industries were among the major gainers. On the other hand, Tech Mahindra, Tata Consultancy Services, ITC, Infosys, Sun Pharma, Maruti, HCL Tech, and Nestle were among the laggards.

'Nobody Listened. The Bridge Collapsed'

'Nobody Listened. The Bridge Collapsed'

Rediff.com11 Jul 2025

'Who will answer for these lives crushed under their neglect?'

Life From A Hospital Room

Life From A Hospital Room

Rediff.com10 Jul 2025

Thanks to a close one's illness, I have seen quite a few hospital rooms in the past half a year or so. They have revived my respect for life reinterpreted via its essentials, notes Shyam G Menon.

From JSPL to Tata Steel, steel stocks melt down on export duty levy

From JSPL to Tata Steel, steel stocks melt down on export duty levy

Rediff.com31 May 2022

The imposition of 15 per cent export duty on steel has suddenly altered the prospects of the sector to negative and led to a big sell-off in steel stocks. Iron ore and pellet exports have to face duties of 45-50 per cent, which means they become uncompetitive. The Ukraine war has led to a supply crunch in global markets and pushed up prices, with Europe, in particular, looking for replacements for Ukrainian and Russian exports.

Sensex jumps over 700 points, Nifty reclaims 25,000

Sensex jumps over 700 points, Nifty reclaims 25,000

Rediff.com6 Jun 2025

Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards.

Praggnanadhaa set to sizzle at Prague Masters

Praggnanadhaa set to sizzle at Prague Masters

Rediff.com25 Feb 2025

The Indian challenge extends to the Challengers' section, where Divya Deshmukh will compete against some strong Grandmasters.

'Your Strength Moves This Nation'

'Your Strength Moves This Nation'

Rediff.com13 May 2025

'We mourn the lives that have been lost, soldiers who will never come home, whose names are now etched in the soul of this country. May their families find strength in the nation's gratitude. So tonight, and every night forward, we hope for less silence born of tension, and more silence born of peace.'