Tata Steel is set to begin constructing its electric arc furnace (EAF) facility in Port Talbot, Wales, by July 2025, with production slated for 2027. Supported by UK government funding, this $1.5 billion project will produce 3.2 million tonnes of low-emission steel annually. The move signifies a shift towards sustainable steelmaking, utilizing scrap metal and reducing CO₂ emissions.
The country received 109 per cent of long period average rainfall in June
Brent prices, which had spiked to $80 amid Iran-Israel tensions, are projected to average $68 in 2025.
For the two months of April-May 2025, India's fiscal deficit stands at Rs 13,163 crore, or 0.8% of the full-year target, signalling a robust start to the fiscal year.
Trent topped the gainers’ list, climbing 3.34% to ₹6,219.15, driven by robust momentum in retail stocks
Among sectoral indices, PSU banks emerged as the standout performers with the segment rallying 2.5%, led by State Bank of India which gained 1.79% to close at 819.85
The monsoon's arrival necessitates preparing vehicles for heavy rain, slippery roads, and reduced visibility. Essential maintenance includes checking windshield wipers, tyres, and brakes, along with ensuring the electrical system is fun ...more
Sowing completed on 42.98 lakh hectares as of June 30
22, 24 carat Gold prices down across Indian cities on June 30
The banks include Barclays Plc, HSBC Holdings Plc and Standard Chartered Plc, the people said, asking not to be identified as the information is confidential
The Greenhouse Gas Emission Intensity Target Rules, 2025, are part of the Carbon Credit Trading Scheme, 2023, and will apply to major sectors such as aluminium, steel, petroleum refining, and textiles.
The NSO data shows that the manufacturing sector's output growth decelerated to 2.6 per cent in May 2025 from 5.1 per cent in the year-ago month.
The Board of Directors accepted the resignation of Managing Director and CEO, Srikrishnan Hari Hara Sarma and Executive Director, Sekhar Rao
TDS and TCS are vital mechanisms under the Indian tax system for early tax collection. TDS involves payers deducting tax on payments like rent and salary, while TCS requires sellers to collect tax on specific goods, including minerals a ...more
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