New Delhi, March 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 2.3 per cent in February this year compared to the corresponding figure for the same month of the previous year, according to data released by the Commerce and Industry Ministry on Friday.The production of cement, steel, fertilisers, coal, and electricity recorded positive growth in February.Steel production recorded a 7.2 per cent increase in February over the same month of the previous …
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New Delhi, March 19 (IANS) India’s thermal power plants have adequate coal stocks of around 53.41 million tonnes which are adequate for nearly 23 days at the present rate of consumption, and further stocks are also being built up at the pitheads of coal mining companies as a proactive measure to meet any exigency amid the disruption in oil and gas supplies due to the Iran war, the Ministry of Coal said on Thursday.The pithead coal stock at the mines of Coal India Limited (CIL), which was 106.78 …
Seoul, March 1 (IANS) South Korea’s exports jumped nearly 30 per cent from a year earlier in February to mark the highest level ever recorded for the month, driven by growing demand for semiconductors amid the artificial intelligence (AI) boom, government data showed on Sunday.Outbound shipments totaled $67.45 billion last month, up 29 per cent from $54.2 billion a year earlier, according to the data compiled by the Ministry of Trade, Industry and Resources, reports Yonhap news agency.The record…
New Delhi, Feb 20 (IANS) The combined index of the country’s eight core infrastructure industries increased by 4 per cent in January this year compared to the corresponding figure for the same month of the previous year, propelled by the strong performance of the steel and cement sectors, according to official data released by the Commerce and Industry Ministry on Friday.The production of electricity, fertilisers, and coal also recorded positive growth in January.Steel production recorded a ro…
Washington, Feb 20 (IANS) President Donald Trump said he threatened to impose a 100 per cent tariff on French wine and champagne to force changes in global drug pricing, offering a vivid example of how he uses trade leverage to reshape international economic arrangements.Speaking at a steel plant in Rome, Georgia, Trump described phone calls with foreign leaders after announcing a policy to align US drug prices with the lowest rates paid elsewhere.He said American consumers were paying far more …
Gandhinagar, Feb 6 (IANS) The Free Trade Agreement (FTA) concluded between India and the European Union is expected to significantly expand export opportunities for Gujarat, particularly its southern region, by providing wide-ranging duty-free and preferential access to one of the world’s largest import markets. The agreement marks a major step in India’s efforts to deepen its global trade engagement while strengthening export-led industrial growth across key sectors.India’s exports to the…
Mumbai, Feb 3 (IANS) India’s agreement with the United States to cut reciprocal tariffs is set to make a range of products — from tech hardware to select agricultural imports — cheaper in the country.Tech hardware and components, including laptops, gadgets and consumer electronics, may become more competitively priced, while processed foods, packaged goods and household appliances could also benefit from lower import expenses, according to reports.Agricultural products such as pulses, dairy …
Washington, Feb 3 (IANS) US President Donald Trump said he plans to close the Kennedy Center “sometime around July 4th” for what he described as a major renovation, estimating the cost at “probably around $200 million.”Asked if he planned to tear down the building, Trump said, “I’m not ripping it down.” He said the project would keep the structure and reuse some materials. “I’ll be using the steel,” he said, adding, “We’re using the structure. We’re using some of the marble and…
Seoul, Jan 21 (IANS) South Korea’s exports expanded 14.9 per cent from a year earlier in the first 20 days of this month, driven by strong demand for semiconductors, data showed on Wednesday.Outbound shipments reached US$36.36 billion in the January 1-20 period, compared with $31.63 billion tallied over the same period last year, according to the data from the Korea Customs Service, reports Yonhap news agency.Imports increased 4.2 per cent on-year to $36.98 billion during the period, resulting i…
New Delhi, Jan 20 (IANS) The combined Index of Eight Core Industries (ICI) increased by 3.7 per cent (year-on-year) in December 2025 as production of cement, steel, electricity, fertiliser and coal recorded positive growth last month, the government data showed on Tuesday.The final growth rate of Index of Eight Core Industries for November 2025 was observed at 2.1 per cent.The cumulative growth rate of ICI during April to December, 2025-26 is 2.6 per cent (provisional) as compared to the corresp…