News for 'Steel'

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

Rediff.com14 Jul 2025

64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.

Tariff talks with India going great, think will have deal: Trump

Tariff talks with India going great, think will have deal: Trump

Rediff.com30 Apr 2025

US President Donald Trump has said that tariff negotiations with India are "coming along great," and he thinks the two countries will strike a trade deal.

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Rediff.com11 Apr 2025

From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.

'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.'

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."

India well-positioned to deal with negative effects of US tariffs: Moody's

India well-positioned to deal with negative effects of US tariffs: Moody's

Rediff.com21 May 2025

India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

Rediff.com19 Jan 2024

More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.

Sensex jumps 455 points, Nifty tops 25K

Sensex jumps 455 points, Nifty tops 25K

Rediff.com26 May 2025

From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.

'US Is Only Arm-Twisting'

'US Is Only Arm-Twisting'

Rediff.com13 Jun 2025

'There is nothing bilateral about this deal.'

'I Needed To Follow My Karma'

'I Needed To Follow My Karma'

Rediff.com25 Jun 2025

'Once bitten, twice shy, I didn't take up the challenge this time...' 'I realised I had failed to follow my karma because I feared failure.'

Was ready to strike during Operation Sindoor: Navy chief

Was ready to strike during Operation Sindoor: Navy chief

Rediff.com28 Jun 2025

During Operation Sindoor, Indian naval ships, submarines and aircraft were operationally ready and deployed, projecting strength and preparedness to deter any "potential actions from our western adversary" in the maritime domain, Navy chief Admiral Dinesh K Tripathi said on Friday.

From JSPL to Tata Steel, steel stocks melt down on export duty levy

From JSPL to Tata Steel, steel stocks melt down on export duty levy

Rediff.com31 May 2022

The imposition of 15 per cent export duty on steel has suddenly altered the prospects of the sector to negative and led to a big sell-off in steel stocks. Iron ore and pellet exports have to face duties of 45-50 per cent, which means they become uncompetitive. The Ukraine war has led to a supply crunch in global markets and pushed up prices, with Europe, in particular, looking for replacements for Ukrainian and Russian exports.

US court blocks Trump's major tariffs, says exceeds authority

US court blocks Trump's major tariffs, says exceeds authority

Rediff.com29 May 2025

A US federal court on Wednesday (local time) ruled against US President Donald Trump's large-scale imposition of sweeping tariffs, deeming that this move exceeds his legal authority and that it would affect a wide range of imported goods, as reported by CNN.

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.

India edge Bangladesh on penalties to win SAFF U-19 title

India edge Bangladesh on penalties to win SAFF U-19 title

Rediff.com18 May 2025

India beat Bangladesh 4-3 on penalties after the title clash ended 1-1 in regulation time.

Betting on India's growth, top steel firms in midst of big expansion plans

Betting on India's growth, top steel firms in midst of big expansion plans

Rediff.com18 Jul 2023

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).

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.

Tata Steel investment positive for UK ops, but stock has not moved much

Tata Steel investment positive for UK ops, but stock has not moved much

Rediff.com26 Sep 2023

Tata Steel UK is reformatting its operations in Port Talbot by investing 1.25 billion in an electric arc furnace facility with the UK government contributing 500 million. The project will take around three years to complete, if all the regulatory clearances come through. The facility will use scrap and be classified as green since it will utilise renewable power and cut carbon emissions considerably.

No Anderson at Leeds: Gill & Co. can breathe easy

No Anderson at Leeds: Gill & Co. can breathe easy

Rediff.com18 Jun 2025

To say the least, a relatively inexperienced batting line up led by Shubman Gill would be relieved to see the name of James Anderson

'A glorious day for South Africa'

'A glorious day for South Africa'

Rediff.com14 Jun 2025

From 'hope to history': Cricketing world explodes with joy as SA finally win major ICC title

Tata Steel Masters Chess: Gukesh stays in joint lead

Tata Steel Masters Chess: Gukesh stays in joint lead

Rediff.com22 Jan 2024

With five points in his kitty from eight games, D Gukesh jointly leads the standings with Anish Giri of Holland.

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.

'Nobody Listened. The Bridge Collapsed'

'Nobody Listened. The Bridge Collapsed'

Rediff.com11 Jul 2025

'Who will answer for these lives crushed under their neglect?'

Sensex jumps over 700 points, Nifty reclaims 25,000

Sensex jumps over 700 points, Nifty reclaims 25,000

Rediff.com6 Jun 2025

Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards.

Life From A Hospital Room

Life From A Hospital Room

Rediff.com10 Jul 2025

Thanks to a close one's illness, I have seen quite a few hospital rooms in the past half a year or so. They have revived my respect for life reinterpreted via its essentials, notes Shyam G Menon.

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.

'Your Strength Moves This Nation'

'Your Strength Moves This Nation'

Rediff.com13 May 2025

'We mourn the lives that have been lost, soldiers who will never come home, whose names are now etched in the soul of this country. May their families find strength in the nation's gratitude. So tonight, and every night forward, we hope for less silence born of tension, and more silence born of peace.'

Steel plant privatisation: Cong calls for Bastar bandh during Modi's visit

Steel plant privatisation: Cong calls for Bastar bandh during Modi's visit

Rediff.com1 Oct 2023

During his visit to the Bastar district headquarters in the poll-bound state, the prime minister is scheduled to address a Bharatiya Janata Party rally.

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.

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.

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.

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.

Markets end higher on inflation fig; Sensex gains 182 points

Markets end higher on inflation fig; Sensex gains 182 points

Rediff.com14 May 2025

From the Sensex firms, Tata Steel, Eternal, Tech Mahindra, Maruti, Mahindra & Mahindra, Infosys, IndusInd Bank, HCL Tech, Tata Consultancy Services and Bharti Airtel were the major gainers. Telecom operator Bharti Airtel climbed nearly 1 per cent after it posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. However, Asian Paints, Tata Motors, Kotak Mahindra Bank, NTPC and Power Grid were among the laggards.

Train to Valley: Political unity greets Kashmir rail launch

Train to Valley: Political unity greets Kashmir rail launch

Rediff.com6 Jun 2025

Political parties, cutting across affiliations and ideologies, Friday welcomed the Kashmir rail link inaugurated by Prime Minister Narendra Modi, hoping for a boost in trade and tourism in the valley.

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.

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.

Is Swiatek's Paris reign about to end?

Is Swiatek's Paris reign about to end?

Rediff.com21 May 2025

Iga Swiatek arrives at Roland Garros this month under a cloud of uncertainty, with the Pole enduring one of the toughest stretches of her career just before the defence of her French Open title.

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.

'Gill Can Be A Great Captain'

'Gill Can Be A Great Captain'

Rediff.com16 Jul 2025

'Shubman Gill is a great thinker and player, but man management will be key to his leadership success.'

Nifty 50 & Sensex: What the First Half of 2025 Says?

Nifty 50 & Sensex: What the First Half of 2025 Says?

Rediff.com10 Jun 2025

Indian stock markets have experienced some ups and downs in the first half of 2025. However, both the Nifty 50 and Sensex saw steady gains, supported by a healthy economy and better corporate earnings. In this article, we will look at the detailed performance of these key indices and explore the sectors that drove the market rally.