The Ministry of Steel has announced that it will hold an open house meeting on February 2, 2026, to discuss issues related to the import of steel, including concerns linked to the Steel Import Monitoring System (SIMS), SARAL SIMS, and Quality Control Order (QCO) exemptions. The initiative is aimed at…
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India WPI Inflation Rises to 0.83% in December 2025: DPIIT Data
India’s wholesale inflation returned to positive territory in December 2025, with the Wholesale Price Index (WPI) recording an annual inflation rate of 0.83 percent, according to provisional data released by the Department for Promotion of Industry and Internal Trade (DPIIT). This marks a notable shift after several months of subdued…
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CCI Clears Nippon Steel’s Full Acquisition of Krosaki
The Competition Commission of India (CCI) has approved Nippon Steel Corporation’s acquisition of Krosaki Harima Corporation, clearing the way for the Japanese steel major to assume full ownership of the refractory products manufacturer. The approval marks a key regulatory milestone in a transaction that consolidates Nippon Steel’s control over its…
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India’s Industrial Output Rises 6.7% in November 2025: IIP Data
India’s industrial activity gathered strong momentum in November 2025, with the Index of Industrial Production (IIP) registering a year-on-year growth of 6.7 percent, according to official data released by the Ministry of Statistics and Programme Implementation (MoSPI). The growth marks a sharp acceleration from the marginal 0.4 percent expansion recorded…