India’s largest iron ore producer, NMDC Ltd says it has always been a pioneer, pushing boundaries and setting benchmarks in the steel and mining industry. It has now established a new vertical dedicated to innovative technological advancements. Recently, this ‘Transformation and Innovation’ vertical was introduced into its Hyderabad head...
NEW DELHI: India is stepping cautiously on its proposed imposition of retaliatory duties on EU goods for wrongful extension of safeguard tariffs on its steel as it is weighing diplomatic considerations such as action by other countries similarly hurt by the measures and an assessment of overall trade relations...
NEW DELHI: Indigenous crude oil and condensate production in October 2024 stood at 2.3 million metric tonnes (MMT), marking a 4% decline compared to the same period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC). ONGC accounted for the largest share of production at...
BAKU: The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing $250 billion in annual climate finance by 2035 drew criticism from all sides. Showing some progress late on Friday, the COP29 presidency released what it hopes...
By Anjan Roy The real import of the US department of justice (DOJ) indictment of Indian billionaire, Gautam Adani, on counts of corruption and bribery has been somewhat lost on the wider public. It is the geo-economics of US dominion over the rest of the world that has to...
By Sushil Kutty Media should stop using “alleged” when reporting billionaire Gautam Adani’s many exploits. Why will someone so stinking rich need to bribe and commit fraud? “Alleged” robs the seriousness of the charge, and partially exonerates the man, who has friends in high places, which is all the...
By Dr. Gyan Pathak After elections are over in Jharkhand and Maharashtra, the next electoral battlefield Delhi has come into focus, where election is scheduled to be held early next year before the term of its Vidhan Sabha expires on February 23, 2025. Political posturing of the major political...
By Rahil Nora Chopra The results in the by polls for nine assembly seats in Uttar Pradesh are geared to be a commentary on the battle of rhetoric between the BJP chief minister Yogi Adityanath (batoge toh katoge or if you stand divided, you will be slaughtered) and the...
By Tirthankar Mitra India’s aim to achieve 500 Giga Watt (GW) of renewable energy capacity by 2030 is facing a roadblock. At this critical juncture it is faced with a shortage of 1.2 million skilled workers in the renewable energy sector. This target is pivotal for the meeting of...
By Ben Chacko LONDON: Every day, another lurch nearer the precipice. The British Establishment appears bent on dragging the country to war without telling anyone. As anticipated, it seems that Keir Starmer has authorised Ukraine to fire British-supplied Storm Shadow missiles deep into Russia and that Kiev has commenced...
By Zoltan Zigedy WASHINGTON DC: In the wake of the election, I have read many insightful and thoughtful assessments of how we have arrived at the point where Donald Trump was re-elected. I highly recommend the recent scathing essay by my colleague at Marxism-Leninism Today, Chris Townsend (www.bit.ly/MLTelection), on...
MUMBAI: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the central bank remains committed to realigning inflation with the legally mandated 4% goal on a durable basis, effectively dashing expectations of a rate cut in the near future. Speaking at the ‘High-Level Policy Conference of Central...
NEW DELHI: Some private banks have made a case for reducing the targets prescribed for Mudra loans amid growing concerns about rising stress in the portfolio of loans to micro, small and medium enterprises (MSMEs). Private lenders have argued that in some cases the current targets exceed their entire...
NEW DELHI/MUMBAI: An immediate fallout of the US’s bribery charges against Adani group would be a slowing of the pace of its massive renewable energy (RE) ventures, and a delay in start of cash flows from the power supply contracts that looked lucrative and but have now come under...
NEW DELHI: With Children’s Day just behind us, India Inc has a timely opportunity to assess the progress of its childcare and parental policies, especially since these benefits became mandatory in 2017. Increasingly, companies are budgeting for childcare/daycare expenses as part of the HR policies. The number of companies...
NEW DELHI: After 20 smart industrial townships under construction, the government is now looking to facilitate setting up of more industrial parks in smaller towns and cities, a senior official said Thursday. “We are hopeful that the framework for them (industrial parks) will be ready within this fiscal year,”...
WASHINGTON: US regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late...
BENGALURU: Union Steel Minister HD Kumaraswamy has said that steelmakers need to collaborate with leading institutions such as the Indian Institute of Science (IISc) and the Indian Institutes of Technology (IITs) to create a globally-competitive and technologically-advanced steel industry. He said India’s steel sector stands as the backbone of...