News for 'Steel'

Rupee steady versus dollar, but loses ground against euro, pound in 2025

Rupee steady versus dollar, but loses ground against euro, pound in 2025

Rediff.com19 May 2025

The rupee has held its ground against the US dollar in the 2025 calendar year so far, but depreciated significantly against the euro and pound. It fell by 6.83 per cent, and 5.44 per cent against the euro and pound respectively, as the two currencies strengthened significantly against the greenback during the period.

Four IPOs worth Rs 6600 to hit D-Street next week

Four IPOs worth Rs 6600 to hit D-Street next week

Rediff.com25 May 2025

The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.

Factors that will guide the marlets this week

Factors that will guide the marlets this week

Rediff.com11 May 2025

The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.

Praggnanandhaa wins Superbet Classic after tense tie-break

Praggnanandhaa wins Superbet Classic after tense tie-break

Rediff.com17 May 2025

Rameshbabu Praggnanandhaa won the Superbet Chess Classic after defeating Maxime Vachier-Lagrave with white pieces in the final Blitz play-off game on Friday.

Banking, oil shares drag Sensex down 156 points

Banking, oil shares drag Sensex down 156 points

Rediff.com6 May 2025

Among Sensex firms, Eternal, Tata Motors, State Bank of India, Adani Ports, NTPC, IndusInd Bank, Bajaj Finance, Asian Paints, Axis Bank and Sun Pharma were the major losers. Bharti Airtel, Tata Steel, Mahindra & Mahindra, Hindustan Unilever, Nestle and Maruti were among the gainers.

'Global barriers to trade are increasing'

'Global barriers to trade are increasing'

Rediff.com6 Feb 2025

'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'

Infra sectors growth slips to 5-month low of 2.9% in Feb

Infra sectors growth slips to 5-month low of 2.9% in Feb

Rediff.com29 Mar 2025

The output of eight key infrastructure sectors slowed down to a five-month low of 2.9 per cent in February, as against 7.1 per cent growth registered a year ago, according to official data released on Friday. On a monthly basis, the production growth of the core sectors was lower than the 5.1 per cent expansion recorded in January.

Tariffs are integral to Trump's vision for US economy

Tariffs are integral to Trump's vision for US economy

Rediff.com23 Apr 2025

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.

'US May Demand Not Just Tariff Cuts But...'

'US May Demand Not Just Tariff Cuts But...'

Rediff.com5 Mar 2025

I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'

Markets end in red; Bajaj twins, geopolitical tensions drag

Markets end in red; Bajaj twins, geopolitical tensions drag

Rediff.com30 Apr 2025

Tata Motors, State Bank of India, UltraTech Cement, Tata Consultancy Services, Tata Steel and Asian Paints were among the other laggards from the 30-share pack. Maruti, Bharti Airtel, Power Grid, Hindustan Unilever and HDFC Bank were among the gainers.

Sensex gains 106 points in highly volatile trade

Sensex gains 106 points in highly volatile trade

Rediff.com7 May 2025

From the 30-share Sensex firms, Tata Motors, Bajaj Finance, Eternal, Adani Ports, Tata Steel, Titan, Mahindra & Mahindra and Power Grid were among the gainers. Asian Paints, Sun Pharma, ITC, Nestle, Reliance Industries and HCL Tech were among the laggards.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

India Pauses WTO Move in US Trade Talks

India Pauses WTO Move in US Trade Talks

Rediff.com14 Apr 2025

This is the first case involving India and the US at the WTO after both sides decided to withdraw all seven pending cases at the WTO during the Biden administration.

Sensex rises 148 points on gains in HDFC Bank, RIL

Sensex rises 148 points on gains in HDFC Bank, RIL

Rediff.com19 Mar 2025

From the Sensex pack, Tata Steel, Zomato, Power Grid, UltraTech Cement, IndusInd Bank, Larsen & Toubro, Adani Ports, NTPC, State Bank of India and Reliance Industries were among the major gainers. On the other hand, Tech Mahindra, Tata Consultancy Services, ITC, Infosys, Sun Pharma, Maruti, HCL Tech, and Nestle were among the laggards.

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Rediff.com12 May 2025

From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.

Sensex, Nifty end in red on rising India-Pak tensions

Sensex, Nifty end in red on rising India-Pak tensions

Rediff.com8 May 2025

From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Rediff.com22 May 2025

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.

Why US will soon become 'penniless'

Why US will soon become 'penniless'

Rediff.com10 Feb 2025

United States President Donald Trump has announced that Washington DC will stop minting pennies, citing their high production cost, which exceeds their face value and termed the practice "wasteful." President Trump said Sunday that he has instructed Treasury Secretary Scott Bessent to "stop producing new pennies."

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Rediff.com2 May 2025

Bajaj Finance, IndusInd Bank, State Bank of India, Maruti, Tata Motors, ITC, Tata Steel and Reliance Industries were also among the gainers. Nestle, NTPC, Kotak Mahindra Bank, Power Grid and Titan were among the laggards.

No nuclear signalling by Pak during conflict, Misri tells Parl panel

No nuclear signalling by Pak during conflict, Misri tells Parl panel

Rediff.com19 May 2025

The sources said Misri reiterated the government's stand that the decision to stop military actions was taken at a bilateral level, as some opposition members questioned US President Donald Trump's repeated assertions about his administration's role in stopping the conflict.

Which PSU Stocks Should You Invest In?

Which PSU Stocks Should You Invest In?

Rediff.com17 May 2025

'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'

Trade talks: India, US to hold wrap-up session on Sat

Trade talks: India, US to hold wrap-up session on Sat

Rediff.com28 Mar 2025

India and the visiting US officials have decided to hold a wrap-up session on Saturday morning to conclude the three-day talks on the proposed bilateral trade agreement, government sources said. They said the discussions are at a "very" early stage.

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Rediff.com25 Apr 2025

However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were the gainers.

Sentiment turns stronger for steel stocks

Sentiment turns stronger for steel stocks

Rediff.com9 Sep 2023

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.

Terrorists, their masterminds want Kashmir to be... Modi

Terrorists, their masterminds want Kashmir to be... Modi

Rediff.com27 Apr 2025

Modi said, "I can feel that the blood of every Indian is on the boil after seeing the pictures of the terrorist attack. I once again assure the affected families that they will get justice, and justice will be definitely done. The perpetrators and conspirators of this attack will be served the harshest punishment."

World Championship: Gukesh will need nerves of steel at business end

World Championship: Gukesh will need nerves of steel at business end

Rediff.com10 Dec 2024

While the mind games will go on in the last two games and a potential tiebreaker, American Hikaru Nakamura and world number one Magnus Carlsen feel that the balance had tilted slightly in Ding Liren's favour.

Praggnanadhaa set to sizzle at Prague Masters

Praggnanadhaa set to sizzle at Prague Masters

Rediff.com25 Feb 2025

The Indian challenge extends to the Challengers' section, where Divya Deshmukh will compete against some strong Grandmasters.

Chess: Gukesh rises to career-high No. 3 in world rankings

Chess: Gukesh rises to career-high No. 3 in world rankings

Rediff.com1 Mar 2025

World champion D Gukesh climbed to a career-high No 3 ranking, while compatriot R Praggnanandhaa broke back into the top 10 in the latest FIDE classical ratings released on Saturday.

Investors' kitty swells by nearly Rs 8 lakh crore

Investors' kitty swells by nearly Rs 8 lakh crore

Rediff.com5 Mar 2025

Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by 740.30 points or 1.01 per cent to close at 73,730.23.

Praggnanandhaa to meet Navara in Prague Masters opener

Praggnanandhaa to meet Navara in Prague Masters opener

Rediff.com26 Feb 2025

Starting as second seed, Praggnanandhaa will have his task cut out with the white pieces against Navara, who has been around for a long time as one of the top European players.

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Rediff.com28 Apr 2025

Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.

Shocking Bumrah On-Field Moments!

Shocking Bumrah On-Field Moments!

Rediff.com7 May 2025

Bumrah's lethality lies in the moments - in the cold stares, the silences, the small tells that say everything.

US top trading partner of India for 4th straight year

US top trading partner of India for 4th straight year

Rediff.com16 Apr 2025

The US remained India's largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at $131.84 billion, while the country's trade deficit with China widened to $99.2 billion during the same period, government data showed. In the last fiscal, India's exports to China contracted 14.5 per cent to $14.25 billion as against $16.66 billion in 2023-24. The imports, however, rose by 11.52 per cent in 2024-25 to $113.45 billion against $101.73 billion in 2023-24.

Gukesh Shaves Off Hair At Tirupati

Gukesh Shaves Off Hair At Tirupati

Rediff.com13 Mar 2025

Norway Chess released a video of 18-year-old Gukesh with a tonsured head, giving it as an offering to Lord Balaji.

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

US tariff jitters: Auto part exporters may take a Rs 4,500 crore hit

Rediff.com29 Apr 2025

Indian auto component exporters may suffer a hit of 2,700 crore to 4,500 crore on their earnings after the imposition of steep US tariffs on key automotive parts, credit rating agency ICRA said in a note on Monday. The new 25 per cent tariff on engines, transmission, electrical components, and other auto parts may moderate the overall auto component industry's revenue growth to 6-8 per cent in 2025-26 (FY26), down from an earlier projection of 8-10 per cent.

JSW Indian Open: Teen sensation Anahat triumphs

JSW Indian Open: Teen sensation Anahat triumphs

Rediff.com28 Mar 2025

India's women's number one squash player Anahat Singh brushed aside Helen Tang of Hong Kong in the final to clinch the JSW Indian Open title in Mumbai on Friday.

Super Cup: NorthEast United thrash Mohammedan Sporting

Super Cup: NorthEast United thrash Mohammedan Sporting

Rediff.com25 Apr 2025

Moroccan striker Alaaeddine Ajaraie struck a brilliant hat-trick as NorthEast United FC demolished Mohammedan Sporting 6-0 to enter the Kalinga Super Cup quarter-finals.

Fresh US tariff concerns spook markets; Sensex sinks 548 points

Fresh US tariff concerns spook markets; Sensex sinks 548 points

Rediff.com10 Feb 2025

From the 30-share Sensex pack, Power Grid, Tata Steel, Zomato, Titan, Bajaj Finance, Mahindra & Mahindra, NTPC and Tata Motors were among the major laggards. Kotak Mahindra Bank, Bharti Airtel, HCL Tech, Tech Mahindra, ICICI Bank and Tata Consultancy Services were the gainers.

The Stunning Mumbai Airport's Terminal 2!

The Stunning Mumbai Airport's Terminal 2!

Rediff.com27 Apr 2025

Mumbai airport

Stock market crash makes investors poorer by Rs 20.16 lakh cr

Stock market crash makes investors poorer by Rs 20.16 lakh cr

Rediff.com7 Apr 2025

Tata Steel and Tata Motors dropped over 10 per cent each. Larsen & Toubro, HCL Technologies, Adani Ports, Tech Mahindra, Infosys, Tata Consultancy Services, Reliance Industries and Mahindra & Mahindra were the other big laggards.