Latest Steel News & Updates

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…

New Delhi, 1 June (IANS) Indian Railways maintained freight growth momentum in the first two months of FY 2026–27, loading 145 million tonnes of freight up to May 2026. This marked an increase of 1.3 per cent over the same period last year, despite challenges arising from the West Asia conflict, which impacted logistics and supply chains, according to an official statement issued on Monday. The growth was led by strong performance in iron ore, steel, fertilisers, and the Balance Other Goods se…

New Delhi, May 25 (IANS) The Ministry of Statistics and Programme Implementation (MoSPI) is monitoring 1,981 ongoing big-ticket infrastructure projects, with a total revised cost of Rs 42.78 lakh crore as of April 2026, across 17 Central Ministries and Departments. The cumulative expenditure incurred on these projects stands at Rs 20.36 lakh crore, accounting for approximately 47.59 per cent of the revised project cost, indicating steady progress in project implementation, according to a MOPI fl…

New Delhi, May 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 1.7 per cent during April this year, compared to the same month of the previous year, with cement, steel and electricity recording a positive growth, according to data released by the Commerce and Industry Ministry on Wednesday.The final growth rate of the eight core industries for March was observed at 1.2 per cent. The cumulative growth rate of the index of eight core industries during Ap…

Seoul, May 11 (IANS) India can serve as a prominent manufacturing and export hub for South Korea amid recent shifts in global supply chains, local experts said on Monday, as Seoul is pushing to deepen its economic ties with the world’s most populous nation.In a meeting with Industry Minister Kim Jung-kwan, experts at major economic research institutes and trade agencies here made the assessment, calling for a detailed strategy to help Korean companies expand their footprint in the Indian market,…

New Delhi, May 9 (IANS) The mining industry of India has potential to contribute an additional $500 billion to the economy and generate nearly 25 million new jobs by 2047, provided the industry adopts advanced technologies and sustainable mining practices, a report has said.The joint report by Deloitte and the Indian Chamber of Commerce (ICC) said that the nation’s mining ecosystem is entering a major transformation phase as demand for minerals rises due to rapid infrastructure development, clea…