(TOI) Tata Steel aims to cut costs by Rs 11,500 crore across its global operations over the next 12–18 months, focusing on controllable expenses, Executive Director and CFO Koushik Chatterjee said during a post-earnings analyst call. Building on structural cost savings of Rs 6,600 crore achieved in FY25, the company is intensifying its cost transformation drive. The measures so far have included fixed cost rationalisation, manufacturing efficiency gains, raw material optimisation, procurement enhancements, and overhead reductions. “Looking ahead to FY2026, our focus continues to be on controllable factors, and we are targeting further cost takeouts of almost Rs 11,500 crore—roughly…
Author: Aruna Sharma
(BS) India’s coal import declined 1.7 per cent to 263.56 million tonnes in the 2024-25 financial year. The country’s coal import was 268.24 million tonnes (MT) in 2023-24. During 2024-25, non-coking coal import was 167.10 MT, lower than 175.96 MT imported in the previous year. Coking coal imports was at 54.08 MT in 2024-25 as against 57.22 MT in 2023-24. According to data compiled by mjunction services ltd — a B2B e-commerce platform — coal import in March also declined to 22.79 MT over 23.96 MT in the year-ago period. Of the total imports in March, non-coking coal imports stood…
(HT) The National Capital Region Transport Corporation (NCRTC) has proposed to set up an RRTS (regional rapid transit system) rail project connecting Gurugram and Greater Noida, through Faridabad and Noida, which will connect with the Ghaziabad-Jewar airport corridor, according to a communique from the NCRTC to the Haryana government. According to the proposal, the project will be independent of operational or upcoming projects, including the Delhi-Gurugram RRTS and Delhi-SNB projects. NCRTC has sought approval from the Haryana Mass Rapid Transport Corporation Limited (HMRTC) for the proposed alignment to prepare a detailed project report for a 60-kilometre-long RRTS line. A senior…
(HT) The oil regulator has made it mandatory for companies planning to establish new liquefied natural gas (LNG) import terminals or expand existing ones to obtain prior approval, but dropped the requirement to reserve a portion of the terminal capacity for third-party access. The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified Registration for Establishing and Operating Liquefied Natural Gas Terminals Regulations, 2025. “These regulations lay down a robust framework focused on registration and oversight of LNG terminals, (and) promotion of competition among entities and prevention of infructuous investments,” the regulator said, adding that the rules are a step…
(Amar Ujala) तुर्किये-अजरबैजान को पाकिस्तान के समर्थन की भारी कीमत चुकानी पड़ेगी। इन देशों के साथ व्यापार का बहिष्कार करके यूपी से दोनों देशों को करीब 1600 करोड़ रुपये का झटका लगेगा। यहां से आने वाले उत्पादों के सौदे निरस्त कर दिए गए हैं। इसके अलावा मई, जून और अगस्त के कम से कम 8,000 टूर पैकेज भी निरस्त हो चुके हैं। यूपी से पर्यटकों के न जाने से करीब 450 करोड़ रुपये का नुकसान उठाना पड़ेगा। इसमें अजरबैजान की हिस्सेदारी ज्यादा है। यूपी में तुर्किये के सेब, सूखे मेवे, कालीन, सिल्क, लिनेन व खास मसालों का करीब 1000 करोड़…
(Amar Ujala) बाहरी राज्यों से उत्तराखंड आने वाले सभी निजी, व्यावसायिक वाहनों का प्रवेश महंगा होगा। कैबिनेट ने ग्रीन सेस की दरों में 28 से 30 प्रतिशत की बढ़ोतरी के प्रस्ताव को मंजूरी दे दी है। व्यावसायिक वाहनों से पहले से ग्रीन सेस वसूला जा रहा है। बाहरी राज्यों के निजी वाहनों के लिए 15 जून के बाद वसूली शुरू होगी। कैबिनेट निर्णय के तहत, प्रदेश में पंजीकृत होने वाले वाहनों का ग्रीन सेस यथावत रखा गया है। अन्य प्रदेशों से उत्तराखंड में प्रवेश करने वाले व्यावसायिक वाहनों से पहले से ही ग्रीन सेस वसूल किया जा रहा है, लेकिन…
(Live Hindustan) इसी सप्ताह बीसीसीएल में स्टील सेक्टर के उपभोक्ताओं के लिए बड़े पैमाने पर कंज्यूमर मीट का आयोजन किया गया था। कोकिंग कोल उत्पादक बीसीसीएल पर दवाब है कि स्टील सेक्टर के उपभोक्ताओं को ज्यादा कोयला मुहैया कराए। कोयला मंत्रालय की ओर से अप्रैल महीने में कोल इंडिया की जारी डिस्पैच रिपोर्ट पर गौर करें तो स्टील सेक्टर को महज एक प्रतिशत कोयला की आपूर्ति की गई। कुल 64.46 मिलियन टन डिस्पैच में स्टील सेक्टर को महज दशमल 30 (.30) मिलियन टन कोयला दिया गया। वहीं कुल डिस्पैच का 79% यानी 51.19 मिलियन टन कोयला पावर सेक्टर को कोल…
(HT) Chief minister Yogi Adityanath on Friday directed officers to expedite the cleaning of the Yamuna across Uttar Pradesh and revival of the Varuna and Assi rivers in Varanasi. The latest directive comes two days after the chief minister had instructed officials on Wednesday to prepare a detailed project report (DPR) for “Aviral-Nirmal Gomti” (uninterrupted and clean Gomti). Reviewing projects of the irrigation and water resources department, he directed the irrigation, revenue, Namami Gange and urban development departments to coordinate for restoration of endangered rivers. He made it clear that cleaning polluted rivers is a state priority and strict measures…
(HT) India’s central bank will meet lenders next week to talk potential changes to the way it manages funds in the financial system, people familiar with the matter said, as it seeks to ensure rate decisions are effectively passed to the broader economy. Senior Reserve Bank of India (RBI) officials, including recently-appointed Deputy Governor Poonam Gupta, will meet bank executives on May 21, the people said, asking not to be identified as discussions are private. The meeting comes ahead of the RBI’s policy statement on June 6 and follows its aggressive measures to swing a record cash deficit to a…
(TOI) Deputy commissioner (DC) Nancy Sahay on Friday held discussions with Bengwari panchayat farmers from Keredari block and NTPC Keredari mining project officials and issued a slew of strict directives regarding provision of clean drinking water to local residents on priority. The meeting addressed various concerns including water pollution, employment, agriculture, road infrastructure, blasting-related issues, and women’s self-employment initiatives. Although Bengwari panchayat is not within the mining acquisition zone, it faces direct impact from neighbouring mining activities. Farmers reported agricultural challenges due to declining groundwater levels and river depletion. Sahay instructed NTPC officials to prioritise clean drinking water provision. She…