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India emerged as one of the fastest-growing steel markets as global steel prices rose across major regions in April and early May, according to a Goldman Sachs report. In its “Global Steel: The Steel Market Barometer – May Update”, Goldman Sachs said average hot rolled coil (HRC) prices increased across nearly all major markets in…
NEW DELHI: India and the UK are working on a “unique and creative solution” to address issues arising from Britain’s recent steel safeguard measure, which is delaying the operationalisation of the Comprehensive Economic and Trade Agreement (CETA).The two countries, on July 24, 2025, signed the pact, under which 99% of Indian exports would enter the…
Durgapur East TMC candidate Pradip Mazumdar; Durgapur West BJP candidate Lakshman Chandra Ghorui DURGAPUR: From revival of industry, local employment based on service sector growth – medical and education hubs – to changing skyline, with high-rises and malls, contestants for forthcoming assembly election in Durgapur are trying to score on development. Regarded as a cornerstone…
India and Russia on Thursday held a round table to strengthen cooperation in the steel sector, focusing on supply chains, technology and research collaboration amid global uncertainties.A Russian delegation comprising industry representatives participated in discussions with Indian counterparts, enabling exchange of views on key issues such as raw material sourcing, technological collaboration, equipment manufacturing and…
Rajasthan Royals’ skipper Riyan Parag (ANI Photo) Rajasthan Royals skipper Riyan Parag found himself at the centre of a gripping IPL 2026 contest, as a bold late-game decision helped his side edge past Gujarat Titans by six runs in Ahmedabad. The call not only proved decisive but also earned admiration from former India coach Ravi…
A year after the Liberation Day tariffs, US President Donald Trump has rolled out another set of duties, this time targeting medicines and key metals. The move is aimed towards pushing companies to manufacture within the US. The new measures impose tariffs on steel, aluminium and copper, strengthening efforts to boost domestic production.The announcements come…
The govt on Friday moved to cushion key industries from the ongoing gas supply disruption, boosting commercial LPG allocations by 20% to reach 70% of pre-crisis levels. The extra supply will prioritise labour-intensive sectors such as steel, automobiles, textiles, dyes, chemicals, and plastics, which are critical for broader economic activity.The move is aimed at stabilising…
NEW DELHI: Faced with supply constraints in industrial gases and disruption in global shipping routes triggered by the West Asia conflict, steel companies across the country are cutting production, senior company officials said.They said the steel sector is facing pressure on several fronts, including shortages of LPG and LNG, which has started to affect production…
West Indies players in Mumbai. (AP Photo) MUMBAI: “The team is in a good space,” a confident West Indies coach Daren Sammy said on the eve of their Super Eights Group 1 match against Zimbabwe at the Wankhede Stadium on Monday.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Sammy was in a happy mood…
CLSA has downgraded Dixon Technologies to hold from outperform with the target price cut to Rs 12,100 from Rs 15,800 earlier. Analysts said the memory industry is entering a super cycle, driven by AI’s appetite for high-bandwidth memory (HBM) and DDR5, while mainstream storage faces tightening supply and rising costs. India’s dependence on imports leaves…
