Steel Stocks Jump on Extended Safeguard Duty
Indian steel stocks rise after govt extends import duty for 3 years, offering relief amid rising costs and supply. JSW Steel, Jindal Steel gain 6%. Read more on Q3 outlook.
Category : Search result: steel trading fraud
IAS Trainees Tour Bokaro Steel Plant in Jharkhand
A group of 2022-batch IAS officer trainees visited SAIL's Bokaro Steel Plant to understand steel production and public sector governance. Read about their key learnings.
Telegram Trading Scam: Investors Lose Lakhs in Fraud
A major stock market scam is trapping investors via Telegram trading groups. Learn how fraudsters operate and protect your hard-earned money from these sophisticated schemes.
Media Partners Invited for Bharat Steel Expo 2026
India's Ministry of Steel invites media partners for the 3rd Bharat Steel Expo 2026 in New Delhi. Learn about this major event shaping the future of the steel industry. Apply by May 31, 2025!
Bank of Baroda Manager Held for Rs 71 Lakh ATM Fraud
A Bank of Baroda assistant manager in Bantwal, Karnataka, has been booked for an ATM fraud of Rs 71.41 lakh. The scam was uncovered during an inspection that also revealed stolen gold worth Rs 55,000. Read the full investigation details.
US Suspends 6,900 Borrowers in $400M COVID Loan Fraud
The US SBA suspends 6,900 borrowers in Minnesota over a massive $400 million COVID loan fraud scandal. Key figures face bans and federal prosecution. Read the full investigation details.
SAIL's Manish Raj Gupta Assumes CMD Charge at RINL
Manish Raj Gupta, Director at SAIL, assumes additional charge as CMD of RINL (Visakhapatnam Steel Plant). A seasoned leader with over three decades of experience, his appointment is set to drive strategic growth. Read more about his career and vision.
Tata Steel Rallies 8% on Govt's Steel Duty Extension
Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.
Varanasi Police Bust Fake Share Trading Call Centre, 9 Held
Varanasi police arrested nine cyber criminals, including a gang mastermind, for a fake share trading scam. They used social media ads to lure victims and siphon funds. Read the full investigation details.
Ahmedabad man cheated of Rs 18 lakh in WhatsApp scam
A 39-year-old Ahmedabad man lost Rs 17.9 lakh to cyber fraudsters via a fake WhatsApp stock trading group promising 200% returns. Learn how the scam unfolded and how to protect yourself.
Doctor loses Rs 22.7L in stock app scam, two held
A Delhi doctor was duped of Rs 22.7 lakh via a fake trading app promoted on WhatsApp. Shahdara Cyber Police have arrested two men from Haryana. Read how the scam unfolded.
India to Levy 12% Safeguard Duty on Steel Imports from 2025
India imposes safeguard duties up to 12% on select steel flat product imports from April 2025 to 2028 to protect domestic industry. Key details and analysis inside.
India imposes 3-year safeguard duty on steel imports
India has imposed safeguard duties on certain steel imports for three years to protect domestic manufacturers from a surge in low-cost supplies, primarily from China. The duty starts at 12% and will gradually decrease.
India Slaps Tariffs on Chinese Steel to Protect Local Makers
India imposes anti-dumping duties on Chinese steel imports, offering major relief to domestic manufacturers. This move aims to curb cheap imports and strengthen the local steel sector. Read more.
India imposes 3-year steel import duty to curb cheap shipments
India imposes 11-12% safeguard duty on select steel imports for three years to protect domestic industry from cheap shipments, primarily from China. Read the full details.
Bokaro Steel Plant Expansion to 7.55 MTPA Under Discussion
Union Minister Bhupathiraju Srinivasa Varma confirms discussions for Bokaro Steel Plant's brownfield expansion, aiming to boost capacity to 7.55 MTPA, create jobs, and align with India's 300 MTPA steel vision by 2030.
Kolkata BLO loses Rs 8.4 lakh savings in cyber fraud
A Kolkata school teacher and Booth Level Officer lost Rs 8.4 lakh in a sophisticated cyber fraud. The theft occurred in five transactions while he was busy with SIR work. Read the full story.
Ahmedabad: Rs 1.29 Cr Steel Fraud Case Filed
Two Ahmedabad industrialists face cheating charges for allegedly defrauding a steel trading firm of Rs 1.29 crore. Read the full details of the bounced cheques and unpaid orders.
Steel expansion hit by policy mismatch on key input: GTRI
A GTRI report warns India's steel capacity expansion is under pressure as import curbs on low-ash metallurgical coke raise input costs, hurting competitiveness. Experts call for policy recalibration.
Dutch NGO Seeks $1.6 Billion from Tata Steel
A Dutch NGO files a massive $1.6 billion claim against Tata Steel's Netherlands units for environmental damage. Read the full details of the legal battle.
Tata Steel sued for €1.4bn over Dutch plant emissions
Tata Steel's Dutch units face a €1.4 billion class action over alleged health and environmental damage near its IJmuiden plant. The company vows to defend itself. Read the full story.
Jindal Steel's Capacity Push Aims for Volume-Led Growth
Jindal Steel commissions 3 MTPA new capacity, eyes 15.6 MTPA by March. Near-term earnings face pressure, but volume-led growth and cost reset could transform its profile by FY28. Read the full analysis.
SBI Sees 16,000 Cyber Frauds, Digital Banking Risks Rise
SBI data reveals 15,956 cyber fraud cases from Jan 2024-Oct 2025, with losses of ₹118.47 crore. Experts warn of rising digital banking risks. Learn how to stay safe.
Vizag Steel Plant's Third VRS to Remove 570 Employees
Vizag Steel Plant management opens VRS window from Jan 1-20, 2026, aiming to cut 570 permanent jobs. This third phase continues a major workforce reduction strategy amid union criticism. Read the full details.
Manaksia Coated Metals Upgrades Galvanizing Line Capacity
Manaksia Coated Metals & Industries Ltd announces a ₹50 crore investment to upgrade its Continuous Galvanizing Line, boosting capacity to 1,80,000 MTPA. This strategic move aims to enhance product quality and market competitiveness.
Kollam: Rs 15 Lakh Gold Scheme Fraud Case Registered
Kollam East police register a fraud case after a private institution fails to return Rs 15 lakh deposited under a gold scheme. The action follows intervention by the State Human Rights Commission. Read the full details.
Odisha Steel Production Jumps 18.8%, Green Roadmap Unveiled
Odisha's crude steel production surges to 18.07 million tonnes. Minister Bhupathiraju Srinivasa Varma details green steel initiatives & policies for MSMEs in Rajya Sabha. Read the full report.
Pune: Rs 2 Crore Lost in Online Share Trading Frauds
Ten Pune residents collectively lost over Rs 2 crore in sophisticated online share-trading frauds. Victims, lured by high returns, downloaded fake apps. Police warn citizens despite awareness drives. #CyberFraud #InvestmentScam
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
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