It must be recognised that the initial shock, disbelief and despair of the Covid 19 pandemic engulfing almost all the
segments in the country have gradually paved way for a perception that although there is no overnight solu
The PMI for manufacturing went up to 56.8 in September’20 from 52.0 in August’20. The underlying factors contributing to PMI growth rest on increased new orders and production, rise in export order, enhanced cost of produ
If the current capacity is way below the requirement, there is an urgent case for capacity augmentation which requires fresh investment, either by the existing or new producers or by inviting FDI into the sector.
The stringency index coined by Oxford University, measuring the relationship between the intensity of the lockdown and loss of economic activity, has put India in a comfortable position so far as fatality rate is concerned at
The view is sure to generate a whole lot of discussions and past references of similar tragedies, but the crisis of this dimension in terms of loss of humans, everyone would agree, had not taken place in the last one century.
Coming back to the state of steel industry in the first 11 months of the current fiscal, it can be surmised that growth and health of the industry was reasonable. During this period, the crude steel production at 101.1 MT ros
It is also traditionally true that in India the domestic market coverage is the first and foremost driver of steel capacity creation as catering to the export market in majority of the cases comes second.
According to latest IMF economic outlook projection, the global economy is to grow by 3.4% in 2020, while Chinese GDP has been estimated to grow by 5.8%. With the outbreak of the recent crisis, Chinese economy may not achie