(FE) JSW Steel on Monday released its monthly business update wherein it recorded consolidated steel production for the month of May 2025 at 22.73 lakh tonnes. This was 8 per cent higher as compared with production volume of 20.98 lakh tonnes reported in May 2024. Indian operations, JSW Steel said in a regulatory filing, produced 21.94 lakh tonnes of steel in May 2025, reporting a growth of 9 per cent YoY. The steel production of JSW Steel USA Ohio, however, declined by 7 per cent YoY to 0.79 lakh tonnes during the period under review. Capacity utilisation for May 2025…
Author: Aruna Sharma
(MSN India) External Affairs Minister S Jaishankar on Monday held wide-ranging discussions with his Belgium counterpart Maxime Prevot on deepening bilateral cooperation, including in trade, investment, technology, defence and security, clean energy and mobility. Jaishankar, who is travelling to Europe a month after India launched Operation Sindoor in response to the Pahalgam terror attack, welcomed Belgium’s support and solidarity in combatting terrorism. In a post on X, Jaishankar said he was pleased to meet Prevot, who is also the Deputy Prime Minister, at the start of his visit to Belgium. “Welcomed Belgium’s support and solidarity in combatting terrorism. Appreciated the…
(DC) Inaugurated on June 6, 2025, the bridge is not just a record-breaker in height; it’s also a triumph of intelligent engineering in one of the most geologically challenging terrains on Earth. Standing 359 meters above the Chenab River in the Himalayas, the bridge is built on mountains made of dolomite — a soft rock prone to cracking and landslides. To overcome this, engineers reshaped the mountain slopes using controlled blasting (pre-splitting) and stabilized them with steel anchors, cement grouting, and shotcrete (sprayed concrete). One of the greatest engineering challenges was the 915-meter gap between the mountains, too wide for…
(CW) Steel Authority of India Limited (SAIL) held the SAIL – Defence Conclave 2025 at its Alloy Steels Plant in Durgapur on 4 June 2025, reaffirming its strategic commitment to strengthening India’s defence infrastructure through self-reliant steel supply. A key producer of defence-grade alloys, SAIL organised the conclave to deepen collaboration with Defence Public Sector Undertakings (DPSUs) and address evolving material needs in the defence sector. The event focused on indigenisation, import substitution, and aligning with the Government of India’s Atmanirbhar Bharat vision. Senior officials from leading defence organisations, including ordnance factories, participated in the discussions. The conclave featured insights…
(Mint) The state-run National Thermal Power Corporation (NTPC) Ltd has signed an agreement with Sustainable Energy for All (SEforALL) to develop its energy transition roadmap. A joint statement said that under the agreement, SEforALL will support the development of NTPC’s comprehensive energy transition roadmap aligning with country’s energy security, development priorities and net-zero commitments. Sustainable Energy for All (SEforALL) is an international organization working in partnership with the UN, governments, the private sector, financial institutions and civil society with a goal to drive towards the achievement of Sustainable Development Goal 7, which calls for universal access to sustainable energy by…
(DT Next) Union Finance Minister Nirmala Sitharaman on Monday received a dividend cheque of Rs 8,076.84 crore on behalf of the government from the State Bank of India (SBI) for the financial year 2024-25. The cheque was presented to the Finance Minister by SBI chairman CS Setty at her office in the presence of senior officials. “Smt @nsitharaman receives a dividend cheque of Rs 8076.84 crore for FY 2024-25 from CS Setty, Chairman – @TheOfficialSBI,” Nirmala Sitharaman Office posted on social media platform X. The robust dividend came as India’s top public sector companies in the financial, power and energy…
(ET) April marks the start of the cruelest months for residents of Solapur, a hot and dry district in western India. As temperatures soar, water availability dwindles. In peak summer, the wait for taps to flow can stretch to a week or more. Just a decade ago, water flowed every other day, according to the local government and residents of Solapur, some 400 km inland from Mumbai. Then in 2017, a 1,320-megawatt coal-fired power plant run by state-controlled NTPC began operations. It provided the district with energy – and competed with residents and businesses for water from a reservoir that…
(PIB) Union Minister of Commerce and Industry, Shri Piyush Goyal, commenced his official visit to Switzerland on 9th June 2025, as part of his ongoing visit to Switzerland and Sweden from 9–13 June 2025. This visit underscores India’s steadfast commitment to deepening strategic and economic partnerships with key European nations, advancing robust trade and investment ties, and supporting a shared vision for resilient global growth. The visit marks a key milestone in enhancing India’s engagement with two of Europe’s most innovative economies. Minister Goyal’s meetings are designed to facilitate high-impact interactions with senior government officials, industry leaders, and business associations…
(HT) India plans to introduce a minimum import price (MIP) for select pharmaceutical raw materials in a move to shield its domestic industry from a flood of cheap Chinese imports, two people directly involved in the process said, a step that will also shore up India’s status as the world’s largest supplier of generic drugs. India accounts for about a fifth of the global supply of generic drugs, manufacturing about 60,000 generic brands, across 60 categories. “The government is working on a plan to impose a minimum import price on all PLI-based pharmaceutical products. The plan is to protect the…
(HT) Tata Steel is expecting to start the construction of its low-carbon EAF (electric arc furnace)-based steel making project in the UK from July 2025 and commence operations by 2027, top company officials said. The firm has received necessary approvals for its $1.5 billion project at Port Talbot, Tata Steel chief executive officer and managing director T.V. Narendran, and executive director and chief financial officer Koushik Chatterjee said in the company’s annual report for FY2024-25. “We are now transitioning to decarbonised and state-of-the-art EAF-based steelmaking by FY2027-28, supported by 500 million pounds in the UK Government funding,” the management said.…