iron steel

Coal Minister invites foreign investment


August 3rd, 2012 - 7:21 pm ICT by IANS
New Delhi, Aug 3 (IANS) Coal Minister Shriprakash Jaiswal Friday invited foreign investors to invest in India's coal sector saying the country is making all efforts to boost growth in ... Read more...

Posted in Uncategorized |

India, Russia target $20 bn trade by 2015


June 21st, 2012 - 8:20 pm ICT by IANS
St. Petersburg, June 21 (IANS) India and Russia have set a target to increase bilateral trade to $20 billion by 2015 from around $9 billion in 2011, Commerce and Industry ... Read more...

Posted in Business |

Iron, steel sector fare poorly on green scale, says study


June 4th, 2012 - 8:55 pm ICT by IANS
New Delhi, June 4 (IANS) The iron and steel industry in India is struggling to meet environmental norms and the sector's overall environmental performance is poor, says a study released ... Read more...

Posted in Business |

One killed, 30 injured in China gas leak


January 17th, 2012 - 4:05 am ICT by IANS
Beijing, Jan 17 (IANS) One person was killed and nearly 30 were injured after carbon monoxide gas leaked in a steel company in northeast China late Monday night, said local ... Read more...

Posted in World |

India, Myanmar must conclude banking cooperation deal: CII


November 7th, 2011 - 5:18 pm ICT by IANS
New Delhi, Nov 7 (IANS) India and Myanmar should conclude an agreement on cooperation in banking and financial services to boost flow of two-way investment and trade, industry lobby Confederation ... Read more...

Posted in Business |

SAIL investing Rs.20,000 crore for modernising Bengal units


September 10th, 2011 - 10:11 pm ICT by IANS
Kolkata, Sep 10 (IANS) State-run Steel Authority of India Ltd (SAIL) is injecting Rs.20,000 crore for modernisation and expansion of three of its units in West Bengal.SAIL chairman C.S. ... Read more...

Posted in Business |

Japanese firm to help develop specialty steel in India


November 12th, 2010 - 6:28 pm ICT by IANS
New Delhi, Nov 12 (IANS) Sunflag Iron and Steel, which supplies components to leading auto manufacturers like General Motors, Maruti Suzuki, Toyota and Nissan, has signed an agreement with Japanese firm Daido ... Read more...

Posted in Business |

Jindal Steel and Power Ltd’s Q2 net up 57 percent


October 26th, 2010 - 5:57 pm ICT by IANS
New Delhi, Oct 26 (IANS) Steel major Jindal Steel and Power Ltd Tuesday reported an increase of 57 percent in its net profit for the quarter ended Sep 30, which stood at ... Read more...

Posted in Business |

Himachal passes entry tax bill, hopes to earn Rs.50 cr


April 1st, 2010 - 6:50 pm ICT by IANS
Shimla, April 1 (IANS) A bill to impose an entry tax of up to seven percent on the transit of certain goods was passed by the Himachal Pradesh assembly Thursday. The government ... Read more...

Posted in Business |

Himachal assembly passes budget


March 31st, 2010 - 8:22 pm ICT by IANS
Shimla, March 31 (IANS) The Himachal Pradesh government Wednesday hiked value-added tax (VAT) on certain goods by one percent in its budget for 2010-11 that was passed in the state assembly ... Read more...

Posted in Business |

Himachal proposes entry tax on goods


March 30th, 2010 - 9:33 pm ICT by IANS
Shimla, March 30 (IANS) A bill to levy entry tax on goods brought from outside to the state was introduced in the assembly Tuesday to boost state revenue. The government is hoping to ... Read more...

Posted in Business |

Iraq seeks joint venture projects with India


February 9th, 2010 - 9:34 pm ICT by IANS
New Delhi, Feb 9 (IANS) Iraq is looking at increasing its crude oil and fertiliser exports to India, and will explore setting up joint ventures worth $2 billion (RS.10,000 crore) by 2010-end, ... Read more...

Posted in Business |

Inflation continues to be negative at minus 1.74 percent


August 13th, 2009 - 6:48 pm ICT by ANI
New Delhi, Aug 13(ANI): The annual rate of inflation on Thursday fell marginally to minus 1.74 percent for the week ending August 1 from minus 1.58 percent the week before.Food prices ... Read more...

Posted in National |

Inflation rate rises marginally, still in negative


July 16th, 2009 - 4:36 pm ICT by ANI
July 16, 2009, New Delhi (ANI): Inflation on Thursday rose marginally to (-) 1.21 per cent for the week ending July 4 against (-) 1.55 per cent in the week before according ... Read more...

Posted in National |

Inflation slips to 3.92 per cent


February 19th, 2009 - 3:27 pm ICT by ANI
New Delhi, Feb 19 (ANI): Inflation figures based on the official Wholesale Price Index (WPI) showed a fall to 3.92 per cent for the week ended February 7 from 4.92 percent ... Read more...

Posted in National |

China concerned over trade protectionism: Official


February 16th, 2009 - 5:14 pm ICT by IANS
Beijing, Feb 16 (Xinhua) China was "deeply concerned" about trade protectionism, amid fears that such action would aggravate the economic downturn, an official said Monday.Ministry of Commerce (MOC) spokesman Yao Jian told ... Read more...

Posted in Uncategorized |

Economic downturn hits Jharkhand sponge iron factories


October 22nd, 2008 - 5:02 pm ICT by IANS
Ranchi, Oct 22 (IANS) Thanks to the economic downturn, most of the sponge iron factories in Jharkhand are either closing down or reducing production drastically.Out of the 40 small and large scale ... Read more...

Posted in Business |

Ecuador targets $1 bn export to India by 2010


August 1st, 2008 - 7:59 pm ICT by IANS
Kolkata, Aug 1 (IANS) Ecuador is targeting nearly $1 billion in total volume of exports to India by 2010, the South American nation's ambassador said here Friday. "We are targeting $1 billion ... Read more...

Posted in Business |

‘China should explore convergence of economic interests’


March 23rd, 2008 - 9:09 pm ICT by admin
Xinhua Beijing, March 23 (Xinhua) China should concentrate on exploring and creating areas of common interests with other countries in its economic diplomacy, experts at a forum said Sunday. "China needs to find ... Read more...

Posted in Business |

Ushdev International announces rights issue


February 19th, 2008 - 3:36 pm ICT by admin
Mumbai, Feb 19 (IANS) Ushdev International Ltd, part of the Ushdev group that deals in imported pig iron, steel scrap and non-ferrous metals, said Tuesday that it has recommended a rights issue ... Read more...

Posted in Business |

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