Latest Steel News & Updates

New Delhi, July 22 (IANS) Visakhapatnam retained the top spot among India’s non‑metro job markets among the fastest‑growing smaller cities for hiring and migration, a report said on Wednesday.The report from professional networking platform LinkedIn said Visakhapatnam was followed by Ludhiana, Surat, Vadodara and Prayagraj — occupying the top five positions.It underscored the rise of non‑metro hubs that are expanding beyond legacy industries. Technology, financial services, manufacturi…

Bhubaneswar, July 22 (IANS) The Odisha Government on Tuesday approved 23 major industrial projects worth Rs 4,573.87 crore with the potential to generate 22,873 employment opportunities across the state, marking another significant step towards achieving the vision of ‘Samruddha Odisha’ by 2036. The projects received clearance at the 148th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Anu Garg.“The approved projects represent a diverse mi…

New Delhi, July 20 (IANS) India’s Index of Core Industries (ICI) recorded a 5 per cent growth in June this year compared with the same month of the previous year, driven by a surge in the production of iron ore, electricity and cement, according to the new series data released on Monday. The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT), has released the revised series of the ICI with the Base Year 2022-23 for the first time. The new series wil…

New Delhi, July 20 (IANS) Larsen & Toubro (L&T) on Monday announced that its minerals and metals business has secured multiple domestic orders, including contracts from public sector companies, with the combined value falling in the company’s ‘mega’ category of Rs 10,000 crore to Rs 15,000 crore.In a regulatory filing, the engineering and construction major said the orders have been awarded by leading companies in the metals and mining sector and include projects aimed at expanding iron …

New Delhi, July 17 (IANS) The Department for Promotion of Industry and Internal Trade (DPIIT) will release the revised series of the Index of Core Industries (ICI) with a new base year of 2022–23 on 20th July 2026, which will replace the existing ICI series that has 2011–12 as its base year, according to an official statement issued on Friday.The ICI is compiled on a monthly basis. The release, by the DPIIT Economic Adviser’s office, will include the provisional ICI for June 2026 along wit…

New Delhi, July 7 (IANS) As Prime Minister Narendra Modi undertakes visit to Indonesia, several outcomes are expected across the defence, strategic infrastructure and critical minerals sectors, as both countries focus on deepening cooperation in a range of key areas including defence and strategic segments. Among the significant developments anticipated during the visit is India’s support for the development of Indonesia-specific Electronic Voting Machines (EVMs), marking what sources described …

Bengaluru, July 4 (IANS) The Karnataka Bharatiya Janata Party (BJP) and Union Minister for Heavy Industries and Steel H.D. Kumaraswamy on Saturday criticised the governance of Chief Minister D.K. Shivakumar, who completed one month in office, describing his administration as a “government of announcements”. It can be noted that CM Shivakumar completed one month at the office on July 3.Responding to questions from reporters on the completion of one month of the Shivakumar-led government, Union Mi…

Bengaluru, July 4 (IANS) Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy, on Saturday criticised the ongoing Special Intensive Revision (SIR) of electoral rolls in Karnataka, alleging that the electoral exercise lacks credibility and demanding that the entire process be scrapped. Speaking to reporters in Bengaluru, Kumaraswamy said the current voter revision exercise in the state “has no meaning” and claimed there were serious lapses in the manner it was being carried out.He note…

New Delhi, June 22 (IANS) The combined index of India’s eight core infrastructure industries increased by 0.5 per cent during May this year compared to the same month of the previous year, with cement, steel, and electricity recording positive growth, according to data released by the Commerce and Industry Ministry on Monday.Meanwhile, the final growth rate of the eight core industries for April 2026 was revised to 1.8 per cent. The cumulative growth rate of the core industries during April to…

Mumbai, June 21 (IANS) Tata Motors on Sunday announced that it has secured more than 3,400 orders for electric commercial vehicles (eCVs) across segments, signalling growing adoption of electric mobility solutions in India’s freight and passenger transportation sectors.The orders include around 2,000 small commercial vehicles (SCVs) and pick-ups, nearly 900 trucks and about 500 buses.These vehicles will be deployed across a wide range of applications, including e-commerce, logistics, FMCG and FM…