 "Iron ore and manganese production surged amid strong demand, reflecting robust economic growth in key sectors like steel and infrastructure.")
India’s iron ore and manganese ore production saw impressive growth from April to August 2024. The output of iron ore increased by 7.4% to 116 million tonnes, compared to 108 million tonnes in the same period last year. Manganese ore production also jumped by 15.4% to 1.5 million tonnes, up from 1.3 million tonnes. Iron ...
 "The UK government grants £500 million to Tata Steel for decarbonization, securing jobs and a green future for Port Talbot.")
The UK government has approved a significant 500 million pound grant to Tata Steel to support the decarbonisation of its operations in Britain. This funding will help install a modern electric arc furnace at Tata’s Port Talbot steelworks in Wales, part of a larger 1.25 billion pound green steel project. The agreement aims to preserve ...
 "Trade Minister Piyush Goyal advocates for a border adjustment tax to protect India’s steel industry from predatory imports and boost production.")
Trade Minister Piyush Goyal recently proposed a border adjustment tax (BAT) to protect India’s steel industry from cheap imports. Speaking at a steel conclave, he emphasized the need for this tax to level the playing field, as Indian producers face higher costs due to local taxes. However, some experts suggest that BAT might only slightly ...
Today’s Current Affairs: The Q4 earnings season is in full swing with key updates from top companies like Maruti Suzuki, Wipro, Infosys, HCL Technologies, and more. Market participants are closely watching the performance of players like JSW Steel, ZEE, Godrej Industries, and many others. Stay tuned for announcements from Jyoti CNC Automation, Trident, Data Patterns, ...
Today’s Current Affairs: JSW Steel Reports 64.66% Dip in Net Profit for Q4 JSW Steel Ltd, a major player in the steel industry, reported a significant 64.66% year-on-year dip in net profit for the fourth quarter that ended in March 2024. The company’s revenue from operations also saw a decline, falling by 1.5% compared to ...
Today’s Current Affairs: The Q4 earnings season is in full swing with notable companies like Maruti Suzuki, Wipro, Bajaj Finserv, Infosys, TCS, and more already releasing their financial results. Market participants are eagerly watching the performance of JSW Steel, Shipping Corporation of India, NHPC, Godrej Industries, and others. Meanwhile, updates on companies like ZEE, Phoenix ...
