raw materials

New Delhi, April 2 Indian businesses said on Thursday that the government's move to exempt the import of critical petrochemical products from customs duty for three months until June 30 is a timely response to supply chain disruptions arising from the West Asia conflict, which will provide...

New Delhi, March 27 A parliamentary panel has asked SAIL to strengthen its sales and take steps to improve revenue realisation and market competitiveness, as certain advanced and special steel grades remain outside its portfolio.The report titled 'Organisational Structure and Performance of...

New Delhi, March 20 The government on Friday invited bids for setting up manufacturing facilities for 6,000 metric tonnes per annum (MTPA) of magnets under the Rs 7,280-crore Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet.The heavy industries ministry has issued a...

The Ministry of Heavy Industries has invited global bids for establishing integrated manufacturing facilities for sintered NdFeB rare earth permanent magnets, with a total capacity of 6,000 metric tonnes per annum, under the Scheme to Promote the Manufacturing of Sintered Rare Earth Permanent...

New Delhi, March 18 The prices of dried fruits in the national capital have risen by up to 50 per cent amid the ongoing conflict in West Asia, which has disrupted the supply of several items, including medicinal herbs, traders said on Wednesday.Rajiv Bhatia, president of the Khari Baoli Market...

New Delhi, March 14 JSW Steel will develop the Minas de Revubo¨ coking coal mine in Mozambique in phases, according to a company statement.Located in the Moatize coal basin of the Tete Province, Minas de Revubo¨ has 850 million tonnes (MT) of reserves, with the potential to yield 250 MT of...

Kochi, March 13 The current situation in West Asia will not have any immediate negative impact on Cochin Shipyard Limited (CSL), the country's leading public sector company.However, if such conditions persist for more than a year, the company could be affected, the official said.Speaking to...

New Delhi, March 13 DRI officials have seized 237 kg of drugs worth Rs 47 crore and over 3.5 tonnes of chemicals from an illegal Alprazolam factory in Andhra Pradesh, and two persons have been arrested, the finance ministry said on Friday.The operation, codenamed "Operation White Hammer," was...

Washington, March 12 – The United States has become dangerously reliant on China for the raw materials and ingredients used in many of its most common medicines, lawmakers and expert witnesses warned at a Senate hearing, framing the issue as both a national security threat and an impending...

New Delhi, March 10 International aluminium prices have surged past $3,400 per tonne amid fears of supply disruptions from the West Asia crisis, offering short-term gains to Indian primary producers but posing long-term challenges through rising input costs, the Federation of Indian Mineral...

Thoothukudi, March 10 – The safety match industry in southern Tamil Nadu is facing new challenges as the price of paraffin wax – a key raw material used in the production of safety matches – has risen sharply over the past two weeks.The price of paraffin wax has increased from around ₹80 per...

As the mercury rises, leading air conditioner manufacturers are increasing prices by 5-15% to offset rising raw material costs and supply chain expenses.These price hikes, occurring between February and April, coincide with the peak summer season, typically characterized by increased demand...

New Delhi, March 8 The Delhi Police have cracked a racket involved in the manufacturing and supply of counterfeit protein supplements in Delhi and the National Capital Region, and have arrested two men, an official said on Sunday.The police arrested Mohit Tiwari and Mohit Dixit, both residents...

New Delhi, March 8 The global steel industry, including India, is expected to face multiple market-related challenges in the coming days as the escalating crisis in the Middle East impacts fuel costs, which has led to increased freight rates, according to BigMint Research.Military tensions in...

Kochi (Kerala), March 8 India currently has sufficient fertilizer availability, but the prolonged conflict in West Asia could pose problems, said a top official of Fertilisers and Chemicals Travancore Limited (FACT), the largest supplier to South Indian states.FACT, a public sector company...

Paradip, March 6 Union Home and Cooperation Minister Amit Shah on Friday inaugurated a new sulphuric acid plant of Indian Farmers Fertiliser Cooperative Limited at Paradip in the Jagatsinghpur district of Odisha, saying the project would boost India’s fertiliser production capacity.The new...

New Delhi, March 2 Godawari Power and Ispat announced on Monday that the company has expanded its sponge iron capacity to 6.5 lakh tonnes, from 5.94 lakh tonnes previously.The increased capacity has been operational from February 28, after receiving approval from the Chhattisgarh Environment...

Amaravati, February 23 Amidst controversies regarding the quality of ghee supplied to the TTD, the temple body is set to deploy a modern food testing laboratory equipped with advanced systems such as an "e-tongue" and "e-nose" to ensure stringent quality checks and maintain transparency in...

Bharuch (Gujarat), February 14 A 33-year-old man with a degree in Chemistry has been arrested for allegedly operating a mephedrone manufacturing unit from his rented house in Bharuch district, Gujarat, police said on Saturday.Police have seized mephedrone worth approximately Rs 2.2 lakh from...