Mumbai, April 29 (IANS) Domestic equity markets traded higher on Wednesday despite a rise in crude oil prices and reports that the United States may extend its blockade of Iranian ports.Sensex traded 0.52 per cent, or 400 points, higher at 77,289.55, hitting an intraday high in early trade, while Nifty rose 0.53 per cent, or 127.8 points, to 24,123.55.Sector-wise, buying interest was seen in auto, chemicals, realty, energy and IT stocks.Nifty Auto, Nifty Chemicals, Nifty Realty, Nifty Oil & …
Latest JSW Steel News & Updates
Bhubaneswar, April 27 (IANS) Chief Minister Mohan Charan Majhi on Monday expressed joy and thanked the Ambassador of Japan to India, Ono Keiichi, for enjoying and praising the rich culinary heritage of Odisha, especially Dalma, a nutritious and traditional Odia dish. Taking to his X handle, the Chief Minister said, “Delighted to see you enjoying the flavours of Odisha, Ambassador Ono San! Dalma is the heart of our kitchen, and we are honoured by your kind words. May our bond continue to grow o…
New Delhi, April 23 (IANS) Commerce and Industry Minister Piyush Goyal said on Thursday that the India–South Korea free trade agreement (FTA), signed in 2009 and brought into effect in 2010 during the Congress-led UPA II government, is the result of a poorly negotiated, imbalanced agreement tilted against India.“Since then, bilateral merchandise trade between the two countries has increased by 92.7 per cent, with India’s imports rising by 103.7 per cent, clearly not favouring India. Thus, …
Seoul, April 20 (IANS) South Korea’s POSCO Group said on Monday it has signed a final agreement with India’s JSW Steel to jointly invest 10.7 trillion won ($7.3 billion) to build a steel plant in India, as part of its strategy to establish a production hub in the South Asian country and strengthen its global supply chain.The two companies signed a joint venture agreement in India, attended by POSCO Group Chairman Chang In-hwa and JSW Steel Chief Executive Officer (CEO) Jayant Acharya, according …
New Delhi, April 19 (IANS) In a significant boost to the Centre’s Make in India push, JSW Steel and POSCO on Sunday announced plans to form a 50-50 joint venture to establish a 6 million tonnes per annum integrated steel plant in Odisha by the end of 2026.The announcement, made by Kyunghoon Kim on the social media platform X, comes just ahead of the high-level summit between India and South Korea.The proposed project is being seen as another major example of a Korean company advancing India’…
Mumbai, April 17 (IANS) Indian equity markets ended on a strong note on Friday, with benchmark indices Nifty and Sensex closing higher as investors remained cautiously optimistic ahead of the second round of US-Iran talks scheduled over the weekend.The Nifty rose 0.65 per cent, or 156.80 points, to settle at 24,353.55, while the Sensex gained 504.86 points, or 0.65 per cent, to end the session at 78,493.54.Commenting on Nifty technical outlook, experts said that the immediate hurdle is seen at t…
Mumbai, April 17 (IANS) Domestic equity benchmarks opened on a flat note on Friday, but gained afterwards, after relief in global oil prices and US President Donald Trump’s ceasefire announcement between Israel and Lebanon.Sensex opened at 77,976, down 12 points, or 0.02 per cent, while Nifty began the session up 30 points, or 0.13 per cent, at 24,165.The indices traded mildly positive further, with the 30-scrip basket gaining 142 points or 0.18 per cent to 78,130 and the 50-share index adding 2…
New Delhi, April 8 (IANS) India’s steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025–26, consolidating its position as the world’s second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday.Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7–8 per cent, d…