Related News

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. Andrew Kelly | Reuters A U.S. judge on Friday

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s

Sheldon Cooper | Lightrocket | Getty Images Salesforce shares popped 5% on Friday after the company posted better-than-expected third quarter earnings on Wednesday despite falling short of Wall Street’s revenue

Rubrik shares soared 25% on Friday after the data management company posted blowout third-quarter numbers and boosted guidance. The stock, which debuted on the market in April 2024, headed for

European Union regulators on Friday said it is fining Elon Musk’s social media platform X $140 million (120 million euros) for violating regulations aimed at protecting internet users in the

Google released its annual list of top search trends for 2025 — with the assassination of conservative activist Charlie Kirk, President Trump’s “big, beautiful bill,” and the longest government shutdown

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Steel safeguard push: Industry seeks anti-dumping duties on cheap imports, flags urgent need amid trade uncertainties

Word Count: 579 | Estimated Reading Time: 3 minutes


Steel safeguard push: Industry seeks anti-dumping duties on cheap imports, flags urgent need amid trade uncertainties

The Indian stainless steel industry has sought anti-dumping duties on low-priced imports from select countries, citing an urgent need to protect domestic players in the face of global trade uncertainties.Jindal Stainless Managing Director Abhyuday Jindal said the Indian Stainless Steel Development Association (ISSDA), representing the industry, has petitioned the Directorate General of Trade Remedies (DGTR) to investigate the dumping of stainless steel items into the domestic market. The industry is now awaiting the start of the investigation.The DGTR, under the Ministry of Commerce, is the nodal authority for administering trade remedial measures, including anti-dumping, countervailing and safeguard duties.“The application was filed around the end of June. DGTR also takes two to three months to start an investigation,” Jindal told PTI.Pressed on whether the imposition of duties was urgent given global uncertainty and recent US tariff moves, he replied, “Definitely… because for a very long time we have been suffering with substandard dumped material from countries like China, Vietnam, Indonesia, and looking at now absolutely these trade uncertainties globally, it’s definitely required to protect our borders, protect our homegrown companies.“Situation is urgent because this is where the growth is coming. India is where the market is growing,” he said.As per market research firm BigMint, India’s stainless steel imports rose to 1.73 million tonnes in FY25, with China, Indonesia, Vietnam and South Korea being the major contributors.





Source link

Most Popular Articles