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Govt plans Rs 5,000 crore scheme in 3 months to promote green technologies in steel sector
The Indian government is set to launch a Rs 5,000 crore scheme within three months to boost clean technologies in steelmaking, aiming to slash carbon emissions. Titled the National Strategy for Sustainable Secondary Steel, the initiative will benefit all steel producers, with a significant portion allocated to smaller players. This move aligns with India's net-zero commitments, addressing the steel sector's substantial contribution to greenhouse gas emissions.
Index of industrial production records a 5.1% year-on-year growth in May
Industrial output rose 5.1 per cent in May compared to 4.9 per cent in the preceding month, mainly on the back of improved manufacturing sector performance. This is the second monthly Index of Industrial Production (IIP) data based on the new series. The growth rates of the Four sectors, Mining & Quarrying, Manufacturing, Electricity & Gas Supply and Water Supply, Sewerage & Waste Management for the month of May 2026 are (-)1.6 percent, 5.5 percent, 9.9 percent and 5.5 percent respectively. The Quick Estimate of IIP stands at 122.7 against 116.7 in May 2025. The indices of Industrial Production for Mining & Quarrying, Manufacturing, Electricity & Gas Supply and Water Supply, Sewerage & Waste Management for the month of May 2026 stand at 112.9, 122.6, 129.6 and 145.1 respectively. The Ministry of Statistics and Programme Implementation (MoSPI) released the new series of the All India Index of Industrial Production (IIP) with base year 202223 on 1st June 2026, ..
Polycab: Amid record FII buying, shares at all-time high but brokerages expect more upside - Business Today
Polycab: Amid record FII buying, shares at all-time high but brokerages expect more upsideBusiness Today
The AI boom won't burst all at once. It will pop in 'rolling bubbles': Macquarie
Macquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments of the AI ecosystem heat up and cool down over time. Global AI investment has surged to about $850 billion in 2026, far exceeding historical technology booms.
Maharashtra Makes Marathi Language Compulsory For Classes 1 To 10 In Schools Of All Mediums
Image of children in a classroom used for representational purpose.
Welspun Corp stock zooms 111% from February low; here's why
The medium to long term business outlook for Welspun Corp continues to remain positive across all its businesses, supported by strong focus on Oil & Gas, energy security and transition initiatives.
All-India monsoon season rainfall sees deficit of 42% compared to LPA, says IMD
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Aurobindo Pharma nears all-time high, up 30% in 4 months; more upside left?
Aurobindo Pharma stock hit a 52-week high at ₹1,585, and quoted close to its record high of ₹1,592 hit in September 2024. HDFC Securities maintains 'Add' rating on the stock.
US dollar set to log highest monthly gain in one-year. US-Iran war, job data in focus
The US dollar is set for its largest monthly gain in a year, rising 2.5% in June due to safe-haven demand amid US-Iran tensions and Federal Reserve rate hike expectations. The euro, sterling, and Australian dollar are all facing declines as market uncertainties grow.
Persistent Systems Shares in Focus After Nagarro Deal — Check Motilal Oswal's Target Price, Upside
Persistent will acquire 100% of Nagarro through an all-cash offer of "81/share, implying an enterprise value of "1.27 billion.
Stock Market Today: All You Need To Know Going Into Trade On June 29
The benchmarks posted their third straight weekly gain.
Stock Market Today: All You Need To Know Going Into Trade On June 29 - NDTV Profit
Stock Market Today: All You Need To Know Going Into Trade On June 29NDTV Profit