News for 'Steel Ministry'

Ban only errant mining firms in Bellary: Centre

Ban only errant mining firms in Bellary: Centre

Rediff.com2 Aug 2011

The Centre is likely to plead before the Supreme Court that there should not be a blanket ban on iron ore mining in Bellary in Karnataka and that only the violating companies should be dealt with, when it presents its interim report this week.

Weightlifter Sanjita Chanu demands probe after IWF admits of mistake in dope case

Weightlifter Sanjita Chanu demands probe after IWF admits of mistake in dope case

Rediff.com26 Jul 2018

The IWF has admitted to mentioning two different urine sample numbers in its communication of her dope flunk earlier this year, according to a letter that the world body sent to the National Anti-Doping Agency (NADA).

Investor wealth plunges Rs 2.55 lakh cr as stocks crash

Investor wealth plunges Rs 2.55 lakh cr as stocks crash

Rediff.com3 Sep 2019

From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.

Infra sector growth slows down to 3% in June

Infra sector growth slows down to 3% in June

Rediff.com31 Jul 2015

The growth rate was much higher a year ago at 8.7%.

DEPB expiry may hit major exporters more

DEPB expiry may hit major exporters more

Rediff.com16 May 2011

After getting periodic extensions, the 14-year-old tax-refund scheme is finally coming to an end in June.

CBI finds no criminality in allocation of 60 coal blocks

CBI finds no criminality in allocation of 60 coal blocks

Rediff.com12 Jan 2014

The Central Bureau of Investigation has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court's permission.

The rise & fall & rise again of statistics

The rise & fall & rise again of statistics

Rediff.com22 Apr 2021

Ajit Balakrishnan on the surprising drivers of mathematical innovation.

Reliance is India's largest company

Reliance is India's largest company

Rediff.com10 Mar 2015

RIL & HDFC were the only 2 private firms

Govt orders RIL to stop KG-D6 gas supply

Govt orders RIL to stop KG-D6 gas supply

Rediff.com25 Apr 2011

Citing the May, 2010, Supreme Court ruling that upheld the government's right to frame gas utilisation policy, the ministry last week wrote to Reliance directing it to first supply natural gas from its KG-D6 fields to priority sectors like fertiliser and power, official sources said.

IBC may be tweaked to give relief to stressed asset buyers

IBC may be tweaked to give relief to stressed asset buyers

Rediff.com7 Dec 2017

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

Rediff.com8 Nov 2021

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.

Govt slaps show-cause notices on 27 more coal block allottees

Govt slaps show-cause notices on 27 more coal block allottees

Rediff.com19 Jul 2013

The decision was taken by the ministry this week, a top Coal Ministry official said, while refusing to reveal the names of the companies.

Will HPCL, too, get the coveted Maharatna status?

Will HPCL, too, get the coveted Maharatna status?

Rediff.com11 Mar 2019

If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.

Sensex drops 371 points to end at 1-week low; financial shares drag

Sensex drops 371 points to end at 1-week low; financial shares drag

Rediff.com28 Mar 2016

The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.

BOOM! BOOM! Army gets big boost

BOOM! BOOM! Army gets big boost

Rediff.com22 Feb 2019

'After decades, there is movement on multiple fronts in artillery development. Now let us see how quickly we can get these guns into service'

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Rediff.com12 Nov 2020

The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.

PM Modi asks secretaries to approach him directly

PM Modi asks secretaries to approach him directly

Rediff.com4 Jun 2014

In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.

Posco given 'green' light, with riders

Posco given 'green' light, with riders

Rediff.com4 Nov 2008

The company has obtained the stage-I forest clearance from the Union Ministry of Environment and Forests. Subject to fulfilment of the stage-I conditions in terms of mitigation measures, steps will be taken for the next stage of approval, said official sources.

Core sector growth jumps to 5-month high of 6.7%

Core sector growth jumps to 5-month high of 6.7%

Rediff.com31 Dec 2014

Coal, refinery products, electricity and cement production registered a growth of 14.5 per cent, 8.1 per cent, 10.2 per cent and 11.3 per cent, respectively in November, as per the data released by the Commerce and Industry Ministry.

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Rediff.com3 Sep 2017

In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.

Piyush Goyal's agenda in US

Piyush Goyal's agenda in US

Rediff.com14 Nov 2019

Among the major ones are fewer restrictions on market access for US medical device manufacturers, as well as access for other key products.

How safe is India Inc for its employees?

How safe is India Inc for its employees?

Rediff.com3 May 2018

Eight of the 30 companies in the BSE Sensex that shared data reported 99 fatalities in 2016-17 against 86 in the previous year. These lives were lost due to industrial accidents at manufacturing facilities. Fatalities owing to road accidents were excluded from the count.

NCAER pegs GDP growth at 4.9% in 2019-20

NCAER pegs GDP growth at 4.9% in 2019-20

Rediff.com21 Feb 2020

The NCEAR has indicated some improvement in the fourth quarter of the current financial year.

Govt delays decision on iron ore licence for POSCO plant

Govt delays decision on iron ore licence for POSCO plant

Rediff.com18 Oct 2014

POSCO officials have said it was unlikely to build the plant without assured supply of iron ore.

Ramesh Awaits FAC report on Posco

Ramesh Awaits FAC report on Posco

Rediff.com10 Nov 2010

Last month, the FAC passed the buck to the tribal affairs ministry to see if the project proponents violated any tribal rights.

Green nod sought for projects worth Rs 60,000 cr

Green nod sought for projects worth Rs 60,000 cr

Rediff.com6 Apr 2010

The fate of industrial projects worth over Rs 60,000 crore will be decided by an expert committee of the environment ministry at a two-day meeting beginning Wednesday. The committee will take up 32 new proposals, including modernisation and expansion of steel, aluminium and cement plants belonging to the top-notch companies.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

Core sector growth slows to 2.5% in March

Core sector growth slows to 2.5% in March

Rediff.com30 Apr 2014

The eight core industries -- fertilisers, cement, steel, electricity, crude oil, coal, petroleum refinery products and natural gas -- have a combined weight of about 38 per cent in the Index of Industrial Production.

J R D Tata and the birth of Infosys

J R D Tata and the birth of Infosys

Rediff.com10 Dec 2020

Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.

Coal scam: CBI records statements of Bagrodia, Narayan Rao

Coal scam: CBI records statements of Bagrodia, Narayan Rao

Rediff.com13 May 2013

The Central Bureau of Investigation has recorded statements of the then ministers of state in the coal ministry Santosh Bagrodia and Dasari Narayan Rao in connection with the coal block allocation scam.

Rlys mull aluminium coaches to save fuel cost

Rlys mull aluminium coaches to save fuel cost

Rediff.com30 May 2008

In order to increase its payload capacity and save fuel, the railways are considering a proposal to procure aluminium wagons by 2012-13, when the dedicated freight corridor is scheduled to become operational. The final decision would be taken after a cost-benefit study, said senior railway ministry officials. Aluminium wagons will be costlier than the steel and stainless steel wagons that are in use currently.

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Rediff.com19 Dec 2019

They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.

PM Modi to address nation on Tuesday, last day of 3-week lockdown

PM Modi to address nation on Tuesday, last day of 3-week lockdown

Rediff.com13 Apr 2020

The prime minister is likely to talk about its possible extension.

Niti draft says pvt trains will have own guard, crew, fares

Niti draft says pvt trains will have own guard, crew, fares

Rediff.com8 Jan 2020

A slew of draft documents -- for Request for Qualification (RFQ), Concession Agreement Guiding Principles, Project Information Memorandum (PIM) along with a presentation on the salient features of the project -- for discussion on private participation in passenger trains have been uploaded by Niti Ayog on its website which outline the railways' plans of running 150 trains on 100 routes by private operators, envisaging an investment of Rs 22,500 crore.

Govt may carry out RINL divestment in 2 yrs

Govt may carry out RINL divestment in 2 yrs

Rediff.com18 May 2010

Taking forward the drive to sell stake in state-owned firms, the Finance Ministry has asked the Ministry of Steel to divest about 10 per cent of its stake in RINL within next two years and list the firm on bourses or else the PSU's status of Navratna will be withdrawn.

SAIL stake sale on Mar 22; scrip hits year's low on BSE

SAIL stake sale on Mar 22; scrip hits year's low on BSE

Rediff.com20 Mar 2013

The base price would be made public only after the close of market hours on Thursday.

Questions on coronavirus answered

Questions on coronavirus answered

Rediff.com13 Mar 2020

A virologist answers questions on the deadly virus presently haunting the world.

Budget 2020: Will ATF, natural gas come under GST?

Budget 2020: Will ATF, natural gas come under GST?

Rediff.com5 Dec 2019

5 commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of GST's purview given the revenue dependence of state governments on these sectors.

India's core sector growth slows to 2.6% in August

India's core sector growth slows to 2.6% in August

Rediff.com30 Sep 2015

The growth of eight core sectors slowed down to 2.6 per cent in August mainly due to contraction in steel output.