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The region has a strong industrial base to build on as India advances towards its 300 mt steel capacity ambition by 2030, says NMDC official View More

Trump’s security argument for steel tariffs is not just hollow, it has hurt US steel users and set American manufacturing back. Essar plans a steel plant in Iowa, a swing state vital to Trump’s political party, but how far should protectionism go? View More

The Supreme Court has made a significant ruling in favor of the Goa government's approach to managing iron ore dumps. This decision allows former mining leaseholders to clear their inventory mine dumps without conducting a public auction. The court stressed the critical need for environmental protection in this context, cautioning against dire outcomes. View More

New Delhi: Upholding the Goa government's policy on regulating iron ore dump handing, the SC on Thursday ruled that the state can permit former mining leaseholders to remove and dispose of inventoried mining dumps lying outside their lease areas on private or government lands without conducting a fresh public auction. A bench led by Chief Justice Surya Kant said that environmental protection in these cases is one of the biggest issues. If someone creates any obstruction in the cycle of removal and placement of mineral dumps, it can lead to very serious environmental consequences, it said. "First, an entity has to identify the exact material, what is saleable and what is not saleable, then it has to determine who will undertake the process, segregate the material, evaluate it, invite tenders, deal with challenges to those tenders and settle the conditions. Because of this process, the material will remain dumped there, leading to very serious consequences, therefore, it is also in the public interest that the material is moved from there," the CJI said while refusing to interfere with the Bombay High Court order that upheld Clause 2(2) of the Policy for Regulating Iron Ore Dump Handling in Goa. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)

JSW Steel on Thursday said that its consolidated crude steel production increased by 5 per cent to 7.27 million tonnes (MT) in the second quarter of the current financial year. The company's crude steel output was 6.95 MT in the year-ago period. The production at the company's Indian operations rose by 5 per cent year-on-year to 7.07 million tonnes during the second quarter, over the corresponding quarter. In a regulatory filing to BSE, the company said that the capacity utilisation of its Indian operations stood at 88 per cent during the July-September quarter of FY27. It improved to about 90 per cent in September 2026, as Blast Furnace 3 at the Vijayanagar plant gradually ramped up production following its shutdown for capacity upgradation. The company's consolidated production in the first half of the current fiscal year rose by 4 per cent to 13.86 MT, over 13.32 MT in the year-ago period, the filing said. JSW Steel is the flagship business of the diversified, USD 25-billion JS View More

INR vs USD: According to analysts, a weaker rupee is a clear macroeconomic headwind for India because the country remains heavily dependent on imported crude oil and several other commodities. View More

Designed to handle demanding close-quarter operations, the TRAnsverse tugs can operate across a wide range of vessel types and sizes, including in challenging weather and tidal conditions View More

Polycab faces an insolvency petition, while Tata Power, Tata Steel and Airtel announce business updates; MRF gets tax relief, Ola advances its rights issue, and other companies report fundraising, orders, acquisitions, investments, partnerships and strategic moves View More

Stocks to watch today: PC Jeweller continued to deliver a strong performance, concluding Q2FY2027 with a consolidated revenue growth of approximately 28 per cent YoY. View More

Nifty's near-term trend remains positive as an inverted head-and-shoulders pattern points to a possible move towards 23,000-23,080. View More

Production in September comprised 17,678 tonnes from the Continuous Casting Machine and 7,417 tonnes from the newly operationalised Reheating Furnace View More