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  • Gandhi had stressed that a capped GST rate would protect the poor from inflationary pressures.
  • The deals reflect a strategic shift for both the steel supplier and the auto industry as they seek predictability and resilience amidst an uncertain policy and trade environment.
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  • The GST cuts on construction materials were described as another significant stimulus.

The company will place these batteries into a “hot idle” state to preserve their structural integrity while thorough inspections are conducted to assess any oven damage and determine the feasibility of repairs. No coking or production will occur during this period to prevent permanent damage to the batteries. The integration of artificial intelligence (AI) and robotics in supply chain management has been rapidly… The government has slashed GST on daily essentials, healthcare, education, and farming inputs. Cognizant is investing in ‘agentic AI’ by training 1,000 context engineers and partnering with Workfabric AI. This initiative aims to leverage the ContextFabric platform to transform organizational data into actionable context for AI agents.

Infosys reworks bus schedules after commute time clashed with US calls

However, sin and luxury goods such as pan masala, cigarettes, luxury cars and private yachts will continue to attract the steep 40 per cent GST rate. SAIL provided about 8,000 tonnes of steel for INS Udaygiri and INS Himgiri. The pricing strategies of Nucor Corporation, the largest steel producer in the United States, are watched closely by manufacturers, contractors, distributors, and investors. Capgemini has sought clearance from the Competition Commission of India (CCI) to acquire full ownership of Singapore-based Cloud4C. The development comes after Capgemini announced on Tuesday that it has signed an agreement to acquire Cloud4C. While welcoming the recent rationalisation, Kharge insisted that states be fully compensated for losses, arguing the government’s delayed reforms came only after sustained opposition pressure.

Texas Instruments flags demand slowdown after tariff-driven spike

Abhay Parnerkar, CEO of Godrej Foods Limited, welcomed the government’s recent GST rationalisation, calling it a progressive step that benefits both consumers and the food industry. The Directorate General of Trade Remedies (DGTR) has suggested imposing a safeguard duty on specific flat steel product imports for three years, aiming to shield domestic manufacturers from a surge in inbound shipments. The recommended duty starts at 12% in the first year, decreasing to 11% by the third year.

Retire rich, not broke: what ₹1 crore can and can’t really buy

The company’s adjusted EBITDA per tonne of steel rose to Rs 15,680, while net debt increased to Rs 14,400 crore. Indian steel producers are urging the government to significantly increase import quotas for low-ash metallurgical coke, citing a critical supply shortage due to rapid capacity expansion. They are requesting a near sevenfold increase, with the largest share of additional shipments sought from Indonesia, Japan, and Poland. Nippon Steel is embarking on a specific, $11 billion modernization and expansion plan for U.S. She emphasised that by centring empathy and the middle class, the reforms will allow more families to access healthcare with dignity.

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