As many as 22 workers were injured in a boiler explosion at a steel factory in the Maharashtra Industrial Development Corporation (MIDC) area in Jalna city of Maharashtra on Saturday (August 24, 2024), police said. “The condition of three workers is critical”, said Superintendent of Police Ajay Kumar Bansal. The explosion at Gaj Kesari Steel … Read more
Post-pandemic, there has been more demand for pergolas in independent homes to accommodate intimate family gatherings | Photo Credit: Getty Images/iStockphoto With an eye on convenient assembly, long-lasting and low-maintenance products, composite high-technology processed materials offer a variety of finishes and clear advantages of weatherproof and termite-resistant solutions. Many of these products in vogue today … Read more
Roorkee: A team of researchers at IIT-Roorkee have developed an easy-to-use breath-based cancer detector (BLO). Used for early detection of cancer, it will work on the principles of colorimetry. This device will be able to detect the presence of breast, lung and oral cancer, according to the researchers. The researchers — Indranil Lahiri, Partha Roy … Read more
Meanwhile, prices globally continue to rise. US prices are around $1,900 – $2,100 a tonne, while Chinese HRC prices are around $870 a tonne. Synopsis India’s top primary steelmakers have reduced prices on the benchmark hot-rolled coil (HRC) by up to 3% for July, halting the pace — and sequence — of increases that began … Read more
The Centre’s flagship housing programme – Pradhan Mantri Awas Yojana – has created over 1.2 crore employment opportunities, said Grant Thornton Bharat’s ‘Affordable Housing in India‘ report. The report cited that these employment opportunities so far were created through forward and backward linkages across 21 sectors. Besides, the report said that these sectors include 250 … Read more
Steel giant ArcelorMittal said Thursday it recorded its “strongest quarter in a decade” in the first three months of the year as industrial activity rebounded from the pandemic and commodity prices rose. The company’s net profit nearly doubled to $2.3 billion (1.9 billion euros) in the period from January to March compared to the last … Read more
New Delhi: The government has identified 18 strategic sectors for disinvestment purposes, including coal, crude oil, power, steel, telecom, atomic energy and defence, allowing three to four PSUs in each space while gradually moving out of all other sectors. The 18 sectors have been classified into three categories, which are mining and exploration, manufacturing and … Read more