News for 'Steel Ministry'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Auto components will not worsen further

Auto components will not worsen further

Rediff.com19 Mar 2012

Proposal to provide weighted deduction at 150 per cent of expenditure incurred on skill development in manufacturing sector.

What drove July core sector growth

What drove July core sector growth

Rediff.com1 Sep 2017

Growth was primarily pushed by a jump in steel and electricity generation, apart from a sustained rise in natural gas output.

Rupee hits new all-time low of 70.32, plunges 43 paise vs USD

Rupee hits new all-time low of 70.32, plunges 43 paise vs USD

Rediff.com16 Aug 2018

Forex dealers said besides strong demand for the American currency from importers, capital outflows mainly weighed on the domestic currency.

Coalgate: Court to award punishment to ex-coal secy, others on Dec 5

Coalgate: Court to award punishment to ex-coal secy, others on Dec 5

Rediff.com3 Dec 2018

The Central Bureua of Investigation sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm.

Posco gets a conditional green clearance

Posco gets a conditional green clearance

Rediff.com31 Jan 2011

After putting the project on hold last year, Union Environment Minister Jairam Ramesh on Monday granted conditional clearance for South Korean major Posco's $12 billion steel mill project in Orissa.

Coal-gate: CBI questions key PM aide TKA Nair

Coal-gate: CBI questions key PM aide TKA Nair

Rediff.com22 Mar 2014

The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.

Govt may allow foreign firms to mine coal in India

Govt may allow foreign firms to mine coal in India

Rediff.com22 Oct 2014

As of now, only Indian power, steel and cement companies can mine coal for their own consumption.

Green hurdle! Lavasa, JSP projects put on hold

Green hurdle! Lavasa, JSP projects put on hold

Rediff.com26 Nov 2010

Pune's Lavasa Lake City has run into rough weather with the environment ministry slapping a showcause notice on Lavasa Corporation for carrying out construction activities without its approval in 25,000 hectares.

Big jolt for Posco. Green clearance suspended

Big jolt for Posco. Green clearance suspended

Rediff.com30 Mar 2012

The environment clearance granted to Posco's mega steel project in Orissa in January 2011 will remain suspended till the environment ministry reviews it afresh.

With only 1/5 projects completed in over 3 years, Sagarmala is not really sailing

With only 1/5 projects completed in over 3 years, Sagarmala is not really sailing

Rediff.com19 Sep 2018

The 80-odd projects completed till now are already valued at Rs 14,000 crore.

Sensex rallies 550 points; Nifty reclaims 10,350-mark

Sensex rallies 550 points; Nifty reclaims 10,350-mark

Rediff.com31 Oct 2018

Sector-wise, banking, IT, pharma and realty indices drove the market momentum.

A rail bridge taller than Eiffel Tower on Chenab soon

A rail bridge taller than Eiffel Tower on Chenab soon

Rediff.com3 May 2017

The massive arch-shaped 1.315-km long 'engineering marvel', designed to withstand wind speeds of up to 260 km per hour, will rise 359 m above the river bed.

8 core sectors' production drops to a dismal 17-month low

8 core sectors' production drops to a dismal 17-month low

Rediff.com30 Apr 2015

The output had expanded by 4 per cent in March 2014.

Now, MPs can build railway stations where they want

Now, MPs can build railway stations where they want

Rediff.com2 May 2012

According to a privilege extended to lawmakers by the Ministry of Statistics and Programme Implementation, MPs can now sponsor the construction of the railway stations from his/her annual budget of Rs 5 crore and etch his name for perpetuity on a steel or metal plaque.

Core sectors growth up 2.9% in January

Core sectors growth up 2.9% in January

Rediff.com29 Feb 2016

In October 2015, the sectors had witnessed a growth of 3.2 per cent.

918 COVID-19 cases, 31 deaths reported in 24 hrs

918 COVID-19 cases, 31 deaths reported in 24 hrs

Rediff.com12 Apr 2020

While the number of active COVID-19 cases stood at 7,409, as many as 764 people have been cured and discharged, and one had migrated, it said. Of the total 273 deaths, Maharashtra tops the tally with 127 fatalities, followed by Madhya Pradesh at 36, Gujarat at 22 and Delhi at 19.

Talks to sell stake in 60 CPSUs continue

Talks to sell stake in 60 CPSUs continue

Rediff.com13 Nov 2009

"We are in interactions with the Ministry of Steel for SAIL, we are in interactions with the Coal Ministry on Coal India. On BSNL also, we are in interaction with the IT and Communication Ministry."

Inter-ministerial talks on new FTP soon

Inter-ministerial talks on new FTP soon

Rediff.com27 May 2009

While the directorate general of foreign trade has completed consultations with the industry and exporters, it will start interacting with the different ministries like agriculture, finance, micro, small and medium Enterprises, steel and environment. Revenue department in the finance ministry holds the key for extending benefits to exporters who are facing the brunt of recession in several major economies.

Core sector growth falls to 19-month low of 1.8% in Jan

Core sector growth falls to 19-month low of 1.8% in Jan

Rediff.com28 Feb 2019

Sluggish infrastructure sector growth would also have impact on IIP as these segments account for about 41 per cent of the total factory output.