The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.
'We believe the truth is in the middle, and that India is at an important crossroads.'
India was among the countries not present in Davos when US President Donald Trump unveiled his "Board of Peace" that seeks to work towards bringing lasting peace to Gaza and possibly resolve global conflicts. India is yet to take a call on it, people familiar with the matter said when asked about Trump's invite to PM Modi.
Gold extended its record-breaking run to breach the Rs 1.5 lakh per 10-gram mark in futures trade on Tuesday, while silver surged to a lifetime high of Rs 3.27 lakh per kg as investors rushed to safe-haven assets amid mounting global tensions. On the Multi Commodity Exchange (MCX), gold futures for February delivery climbed Rs 6,861, or 4.7 per cent, to record Rs 1,52,500 per 10 grams after settling at Rs 1,45,639 per 10 grams in the previous session.
Japan soccer great Kazuyoshi Miura, 58, said on Friday he had all but given up on a return to the J-League before signing for Fukushima United, adding that he hopes to contribute with goals and assists in the latest chapter of his age-defying career.
In a veiled attack on US President Donald Trump, Canada's Minister of Energy and Natural Resources Tim Hodgson on Tuesday said India's free trade agreement with the European Union is a "perfect" answer to global hegemons that use tariffs and economic integration as tools of coercion.
External Affairs Minister S Jaishankar conveyed a strong message to his Polish counterpart Radoslaw Sikorski regarding terrorism and the Ukraine conflict, emphasizing the need for zero-tolerance towards terrorism and criticizing the selective targeting of India.
India and Canada are negotiating a long-term uranium supply agreement worth $2.8 billion. They are also exploring expanded civil nuclear cooperation after the passage of the SHANTI Bill.
For the first time, there will be an Indian connection to a crewed Moon mission.
From the 30-Sensex firms, ITC tanked 9.69 per cent, following Bajaj Finance, Asian Paints, Bharat Electronics and ICICI Bank. In contrast, NTPC, Eternal, Mahindra & Mahindra, Larsen & Toubro and Power Grid were among the gainers.
A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.
United States President Donald John Trump and Ukrainian President Volodymyr Zelenskyy met for lunch at Trump's Mar-a-Lago club in Palm Beach, Florida, on Sunday. This was their first one-on-one meeting after their disastrous encounter at the White House in March.
Spread across 437 kilometres and four stages, the Pune Grand Tour, starting on Monday, will feature around 170 riders from 35 countries, including 12 locals.
Thousands of people took to the streets in Iran's capital late Thursday after exiled Crown Prince Reza Pahlavi called for a mass demonstration, marking a fresh escalation in nationwide protests driven by economic distress, witnesses said.
'A breakout above 158,000 to 160,000 could trigger the next leg higher toward 165,000 to 170,000.'
The White House said on Tuesday that it is considering 'a range of options' to acquire Greenland, and that the use of military is not off the table, CNN reported, citing Karoline Leavitt on Tuesday.
Canadian Prime Minister Mark Carney on Tuesday warned that the world is witnessing a fundamental 'rupture' in the global order rather than a gradual transition, cautioning against weaponising trade, finance, and supply chains.
'We've hit rock bottom; we've been knocked out by a second division team.'
Telangana Intelligence sources reveal that Sajid Akram, a suspect in the Bondi Beach mass shooting and native of Hyderabad, renewed his Indian passport in 2022. Investigations reveal his family's shock and previous visits to India.
World No 1 Aryna Sabalenka fended off a serious challenge from Anastasia Potapova to reach the fourth round of the Australian Open.
According to a statement cited by TASS, the Russian foreign ministry said it is closely monitoring reports that the US military has boarded the tanker Mariner, originally Bella 1, on the high seas, noting that Russian citizens are among the crew.
IMAGES from the UEFA Champions League matches played on Tuesday
Anti-government protests in Iran have continued for the fourteenth consecutive day on Saturday, with authorities tightening security measures as demonstrations spread across multiple cities.
ICC rejects BCB request, Bangladesh matches to be played in India as schedule
According to a post on X by the US European Command, the tanker violated US sanctions and was tracked by the US Coast Guard cutter Munro prior to the operation.
Just where are the stars welcoming the New Year?
He spoke about North Atlantic Treaty Organisaiton (NATO) and Greenland, with an emphasis on ownership, while also hinting that China would not take any steps against Taiwan, till Trump was in office.
'Some success has been achieved in raising the costs of terrorism for Pakistan.'
Biocon Limited has launched its GLP-1 peptide, liraglutide, for the treatment of diabetes and obesity in the Netherlands, as the biopharmaceutical firm positions itself as a global player in the fast-growing diabetes and obesity market currently dominated by the likes of Novo Nordisk and Eli Lilly.
Jeev wins in Colombo; Pukhraj claims IGPL Order of Merit, gets entry to International Series
Let these spirits liven up your winter!
External Affairs Minister S Jaishankar on Tuesday said India is concerned about the recent developments in Venezuela, marking the first strong public statement after the latest United States actions in the South American country.
England will begin their World Cup quest next June against a very familiar foe with seasoned tournament regulars Croatia the first hurdle for Thomas Tuchel's highly-fancied team.
Following the seizure, Moscow issued a strong condemnation asserting that no country has the right to use force against vessels lawfully registered under another state's jurisdiction, particularly on the high seas.
New Zealand has taken a binding commitment under its Free Trade Agreement (FTA) with India to amend its laws within 18 months of the pact's implementation to facilitate the geographical indication (GI) registration of Indian goods besides wines, and spirits in the island nation. The current GI law of New Zealand only allows India's wines and spirits to be registered.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
In an hour-long video released by the Congress on Monday, Gandhi said India's largest and complex democracy is a global asset, and the "assault" on the Indian democratic system is also an attack on the global democratic system.
The official, speaking as US Army Secretary Dan Driscoll held talks with Russian representatives in Abu Dhabi, said, "The Ukrainians have agreed to the peace deal. There are some minor details to be sorted out but they have agreed to a peace deal."
The Indian men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty on Monday said "one breakthrough title" can reignite a strong run as they look to revive their glory days at the USD 950,000 India Open Super 750.