News for 'Ministry of Steel'

Defence and foreign policy, not trade, on agenda for 2+2 dialogue

Defence and foreign policy, not trade, on agenda for 2+2 dialogue

Rediff.com5 Sep 2018

The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.

INS Vikrant : 12 years late, 13 times the cost

INS Vikrant : 12 years late, 13 times the cost

Rediff.com21 Aug 2021

The MiG29K and MiG29KUB, the aircraft carrier's primary fighters, spent more time in the hangar than in the air, with fleet serviceability remaining below 50 per cent, reports Ajai Shukla.

India's core industry sectors grow by 8.5% in April

India's core industry sectors grow by 8.5% in April

Rediff.com31 May 2016

However, production of coal, crude oil and natural gas declined in April this year.

Sensex rallies 637 pts; biggest one-day jump in 11 weeks

Sensex rallies 637 pts; biggest one-day jump in 11 weeks

Rediff.com8 Aug 2019

Top gainers in the Sensex pack included HCL Tech, Tata Motors, M&M, Bajaj Auto, RIL, Hero MotoCorp, Yes Bank, Maruti, HDFC Bank and Bajaj Finance, which surged up to 6.43 per cent.

What India needs to do at COP26, Glasgow

What India needs to do at COP26, Glasgow

Rediff.com1 Nov 2021

Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.

India eyes 60% share of global ship recycling biz

India eyes 60% share of global ship recycling biz

Rediff.com25 Dec 2019

Currently, India recycles around 300 of the 1,000 ships which are demolished per annum globally. However, countries like Japan, Europe and the US were not sending their ships for recycling to India in the absence of ratification of a global convention. That scenario is set to change with the Recycling of Ships Act, 2019.

In lieu of a haircut, will banks go bald?

In lieu of a haircut, will banks go bald?

Rediff.com29 Aug 2018

'I suspect the recovery that the banks are going to get out of this IBC is not going to be more than 30 per cent.' 'If you leave the steel industry aside, the recovery rates are not looking very, very healthy,' Jairam Ramesh tells the Rajya Sabha.

Concerned about yuan's fall, India mulls steps on imports

Concerned about yuan's fall, India mulls steps on imports

Rediff.com8 Jan 2016

Yuan's fall would worsen India's trade deficit with China.

Core sector growth slips to over 1-year low in Feb

Core sector growth slips to over 1-year low in Feb

Rediff.com1 Apr 2017

IIP is expected to post a subdued volume growth in February 2017

Railways tops in corruption complaints: CVC

Railways tops in corruption complaints: CVC

Rediff.com3 Aug 2016

As many as 12,394 complaints of alleged corruption were received against railway employees.

GDP is expected to pick up in Q3, says CEA Subramanian

GDP is expected to pick up in Q3, says CEA Subramanian

Rediff.com29 Nov 2019

Department of Economic Affairs secretary Atanu Chakraborty said that equity capital flows have been positive this year.

Air India subsidiaries to ban single-use plastic from Oct 2

Air India subsidiaries to ban single-use plastic from Oct 2

Rediff.com29 Aug 2019

In the second phase, the single-use plastic will be banned in all Air India flights.

Sensex, Nifty log steepest ever one-day fall on recession fears

Sensex, Nifty log steepest ever one-day fall on recession fears

Rediff.com9 Mar 2020

ONGC was the top loser in the Sensex pack, cracking over 16 per cent, followed by Reliance Industries, IndusInd Bank, Tata Steel, TCS, SBI, ICICI Bank and Bajaj Auto.

Coal scam: Ex-coal secretary hid facts from PM Singh, says CBI

Coal scam: Ex-coal secretary hid facts from PM Singh, says CBI

Rediff.com29 May 2015

The CBI on Friday told a special court that former coal secretary H C Gupta had allegedly concealed facts from then prime minister Manmohan Singh.

Essar seeks adequate gas from govt for its plant

Essar seeks adequate gas from govt for its plant

Rediff.com14 Jan 2009

The government has already decided to accord priority to fertiliser and power units for allocation of gas from the Krishna-Godavari basin. According to sources, the empowered group of ministers on gas, which met last week, has made it clear it will be able to provide additional gas to steel firms only after meeting the requirements of the power and fertiliser units. Among the steel majors, Essar, Ispat and Vikram Ispat have gas-based units.

Core sector growth hits 6-mth high of 5.2% in Sep

Core sector growth hits 6-mth high of 5.2% in Sep

Rediff.com31 Oct 2017

The expansion in September is highest since April, when the core sectors' growth stood at 2.6 per cent.

Explained: How Chinese firms won some of India's recent PSU tenders

Explained: How Chinese firms won some of India's recent PSU tenders

Rediff.com13 Jul 2020

India's sourcing from China may not necessarily be for cost-effectiveness alone but also for the lack of domestic qualified bidders, technology or other know-how.

E-com policy, data localisation figure in Indo-US trade talks

E-com policy, data localisation figure in Indo-US trade talks

Rediff.com6 May 2019

However, the countries did not take up the issue of proposed withdrawal of export incentives by the US to Indian exporters under Generalized System of Preference.

Environment nod to lift cost of Posco's India plant to $12.6 bn

Environment nod to lift cost of Posco's India plant to $12.6 bn

Rediff.com10 Jan 2014

Environment ministry has given its go-ahead to POSCO's planned steel plant in the country, but has asked it to spend on "social commitments", a company spokesman said, raising the project's cost by $600 million to $12.6 billion.

Banks prefer sectoral guidelines for sale of stressed assets

Banks prefer sectoral guidelines for sale of stressed assets

Rediff.com31 Oct 2017

Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.

SAIL's divestment plans get FinMin nod

SAIL's divestment plans get FinMin nod

Rediff.com23 Oct 2009

SAIL on Friday said the finance ministry has given its in-principle approval for 20 per cent disinvestment of the steel giant.

Posco seeks extension of in-principle nod for its SEZ

Posco seeks extension of in-principle nod for its SEZ

Rediff.com20 Oct 2012

The multi-product SEZ will bring in more than Rs 2.11 lakh crore of net foreign exchange in 30 years.

Arun Jaitley SOLVES the 'VBS mystery'

Arun Jaitley SOLVES the 'VBS mystery'

Rediff.com16 Oct 2012

The officer can use the Evidence Act to bring VBS' identity to light.

Govt requests steelmakers to keep price in check

Govt requests steelmakers to keep price in check

Rediff.com27 Aug 2008

The government was aware that the prices have shot up in the international market but at the same time it was the duty of the government to keep inflation under check as for the aam aadmi, he said. The minister said the long term solution to moderate the steel price was increasing production.

Growth of eight core sectors slows to 0.2% in June

Growth of eight core sectors slows to 0.2% in June

Rediff.com31 Jul 2019

These core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production.

Will cancel blocks of 35 firms, CoalMin warns

Will cancel blocks of 35 firms, CoalMin warns

Rediff.com18 Dec 2013

RPG Industries, Hindalco, SAIL, Jindal Steel, Monnet Ispat, GVK Power and Jaiprakash Associates among companies summoned for review.

RINL plans Rs 1,000-cr jetty near its Vizag plant

RINL plans Rs 1,000-cr jetty near its Vizag plant

Rediff.com9 Aug 2012

State-run RITES provides engineering, consultancy and project management services in transport infrastructure sector under single roof.

Coalgate: Ex-secretary, 5 others convicted

Coalgate: Ex-secretary, 5 others convicted

Rediff.com30 Nov 2018

Five others, including one retired and another serving public servant -- K S Kropha and K C Samria -- were held guilty for various offences under the Prevention of Corruption Act and Indian Penal Code.

Report makes shocking revelations about Chinese losses in Galwan

Report makes shocking revelations about Chinese losses in Galwan

Rediff.com3 Feb 2022

At least 38 PLA troops drowned while crossing a fast-flowing, sub-zero river in darkness, according to an article in the Australian newspaper The Klaxon which cited a report prepared by a group of social media researchers after a year-long investigation.

Tatas' independent directors highest paid in industry

Tatas' independent directors highest paid in industry

Rediff.com12 Nov 2018

Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.

NMDC stake sale likely by Dec; to garner Rs 7,500 cr

NMDC stake sale likely by Dec; to garner Rs 7,500 cr

Rediff.com15 Nov 2012

Steel secretary D R S Chaudhary said that the government is planning to sell 10 per cent stake.

MOIL sell-off proposal sent to FinMin

MOIL sell-off proposal sent to FinMin

Rediff.com31 Jul 2009

The steel ministry has sent the proposal to sell 10 per cent of the government's holding in state-run Manganese Ore India Ltd to the Department of Disinvestment, Parliament was told on Friday.

Why DGCA chief Bharat Bhushan was dismissed

Why DGCA chief Bharat Bhushan was dismissed

Rediff.com20 Jul 2012

It is not often that the head of a regulator is removed by the nodal ministry, even after the Appointments Committee of the Cabinet (ACC), headed by the prime minister, clears an extension.

Modi's biggest crisis yet

Modi's biggest crisis yet

Rediff.com28 Apr 2021

This is a national leadership gone so wrong that India's most powerful prime minister in four decades has personally taken charge of medical oxygen shortages, observes Shekhar Gupta.

China's move to launch license raj may affect mkt

China's move to launch license raj may affect mkt

Rediff.com8 May 2007

China's latest decision to introduce export license management to 83 steel products from May 20 may severely hit domestic steel prices and cause a panic in the global market, analysts say.

SAIL to curtail board size

SAIL to curtail board size

Rediff.com24 Nov 2008

The country's largest steel producer, SAIL, has proposed trimming its board size by almost a fourth to speed up its decision-making process, official sources said.

Govt to set up committee to look into coking coal purchases

Govt to set up committee to look into coking coal purchases

Rediff.com10 Oct 2011

Noticing irregularities in coking coal purchases, the Steel Ministry has set up a committee to look into the rationale behind PSUs buying more of the commodity when it is expensive, and less of it when cheaper.

Promoters' green policy to decide projects' fate

Promoters' green policy to decide projects' fate

Rediff.com9 May 2011

A ministry official said just like an internal financial audit, a green audit would protect stakeholders.