Union Steel Minister HD Kumaraswamy has urged the Indian steel industry to adopt advanced technologies like AI, Machine Learning, and IoT to enhance global competitiveness and productivity. Speaking at a Chintan Shivir, he highlighted that digitalisation is crucial for achieving ambitious steel capacity targets by 2035 and addressing challenges such as operational efficiency, decarbonisation, and export competitiveness. The minister also emphasised how technology can improve safety and reduce downtime in steel plants.
India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.
An industrial accident at the Rashtriya Ispat Nigam Ltd (Vizag Steel Plant) in Visakhapatnam resulted in the deaths of at least six workers after molten iron spilt on them. Authorities are investigating the incident, and rescue operations are underway.
India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.
The Sports Authority of Andhra Pradesh (SAAP) has partnered with Tata Steel Limited to train young footballers from the state at the Tata Football Academy (TFA) in Jamshedpur, providing professional exposure to selected boys and girls across various age categories.
Police in Kannur, Kerala, recovered two steel bombs and a country-made explosive from an isolated plot of land. The Bomb Detection and Disposal Squad defused the explosives, and police have intensified surveillance in the politically sensitive area ahead of the Kerala Assembly election results.
Tata Steel has expanded its partnership with Google Cloud to deploy a unified, enterprise-wide artificial intelligence (AI) strategy across its global value chain, resulting in significant operational improvements.
A steel bomb was thrown at a woman's home near Kuthuparamba in Kerala, but it did not explode. Police suspect personal enmity as the motive and are investigating the incident.
Despite international fame, she remained rooted in village traditions. Friends recalled that success never changed her lifestyle.
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
Jindal Steel has successfully deployed syngas in its galvanising and colour coating line furnaces to combat shortages of natural gas, LPG, and propane. This innovative approach allows the company to sustain operations and promotes energy self-reliance.
Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn as escalating tensions in West Asia led to a sharp surge in crude oil prices, coupled with fresh foreign fund outflows and a weakening rupee.
Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.
The new bridge will come up alongside the existing crossings at Saraighat, where two bridges currently connect the north and south banks of the Brahmaputra -- the iconic road-cum-rail Saraighat Bridge and a separate road bridge.
Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.
Nagpur police have busted an interstate drug smuggling network, seizing over 150 kg of ganja worth Rs 1.49 crore. The drugs were hidden in a truck travelling from Odisha, concealed beneath steel coils. Two individuals have been arrested, and investigations are ongoing to apprehend suppliers.
ArcelorMittal has announced a partnership with Amazon Web Services (AWS) to automate its global manufacturing operations using AWS's cloud and AI capabilities. This collaboration aims to enhance safety, asset reliability, and energy efficiency by deploying AI at the point of production for predictive maintenance, quality control, and process optimisation.
US President Donald Trump has claimed that Iran has accepted "just about everything" the United States has demanded in ongoing indirect nuclear negotiations, particularly regarding denuclearisation. He also asserted that American forces repeatedly carried out military strikes that crippled Tehran's military infrastructure, including radar installations, and escorted commercial oil tankers through the Strait of Hormuz. Trump dismissed reports of Iran's strength, stating its military and economy were severely weakened.
Indian benchmark equity indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by a rally in IT stocks and global cues suggesting a more accommodative monetary policy after softer-than-expected US jobs data.
Indian benchmark indices Sensex and Nifty rebounded in early trade, recovering from previous losses, driven by softening crude oil prices and renewed buying interest in blue-chip stocks. Analysts note that the fall in Brent crude below USD 77 has removed significant macro headwinds for India, contributing to market stability.
The death toll from the Taratala warehouse collapse in south Kolkata has risen to 15, with two more bodies retrieved and two injured workers succumbing to their injuries. Rescue operations involving multiple agencies, including the Army and Indian Railways, are ongoing to find those still trapped under the debris, facing challenging and unstable conditions.
Some places are etched into our memories - and even when they are replaced by grander, gleaming structures, they can never be replaced or rebuilt. We try to hold on to them as hard as we can.
Five individuals have been arrested in connection with the murder of Karni Sena leader Himanshu Singh in Jamshedpur, who was stabbed after protesting alleged eve-teasing. Prohibitory orders have been imposed across parts of the city, and a Jamshedpur bandh has been called by opposition parties for July 3.
Delhi Police successfully thwarted an ATM fraud attempt in Dwarka, arresting two individuals from Nuh, Haryana. The accused used a steel plate to trap cash in ATM machines, making customers believe transactions failed, and later collected the money. They have confessed to multiple similar incidents.
Indian benchmark equity indices, Sensex and Nifty, rebounded nearly 1 per cent, with the Sensex jumping 790.54 points to 76,991.22, driven by softening crude oil prices and strong buying in banking, financial, and IT shares.
Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.
A self-styled godman, Shaji alias "KGF Swami", has been arrested in Thrissur, Kerala, for allegedly cheating people by promising to supply gold at discounted rates. Police seized fake gold and multiple identity cards from his residence, and he is suspected of involvement in other fraud cases.
US president Donald Trump in recent weeks has renewed threats to make Canada the 51st US state, and said he might not renew the trilateral trade agreement between the US, Canada and Mexico -- the co-hosts of this year's World Cup.
A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.
Automobile manufacturers have informed NITI Aayog that they face significant challenges in tracing 20-25-year-old vehicles due to multiple ownership changes, hindering their ability to meet Extended Producer Responsibility (EPR) targets for end-of-life vehicles (ELVs). They are seeking government support, including access to updated Vahan registration records, to locate these vehicles and encourage owners to use authorised scrapping centres.
American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant.
A 48-year-old man, Shashi Ranjan Mishra, jailed for allegedly murdering his 11-year-old twin daughters, attempted suicide inside the district jail in Kanpur by slitting his throat with a sharpened steel plate. He is now stable and an inquiry has been ordered into the incident.
The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects under the third round of the Production-Linked Incentive (PLI) scheme for specialty steel.
TMC leader Derek O'Brien highlights the Tata Group's presence and expansion in West Bengal, countering BJP claims about bringing Tata back to the state. Investments and expansions span IT, manufacturing, hospitality, and retail sectors.
Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.
Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.
