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Piyush Goyal on Friday said he has invited the steel industry to discuss about the «unfair» competition that some of them are facing to take appropriate steps with a view to promote the sector's growth. Certain steel industry players have raised concerns over rising imports from China at lower rates. «I have invited the steel industry...to understand the unfair competition that some of them are facing and take appropriate measures so that the steel industry remains vibrant, continues to grow and adds jobs to the Indian economy,» Goyal told reporters here. On September 5, he mooted the idea of introducing a border adjustment tax to protect the domestic players by providing a level-playing field against increasing imports.

Delhi, 23-year-old Sonu, a food delivery rider, travels hundreds of kilometres daily with his two-year-old son, Sarthak, to secure a brighter future. Despite challenging conditions, Sonu's commitment to his son's future keeps him motivated as he works over 12 hours a day on his rented Yulu bike. Originally from Bihar, Sonu took on family responsibilities early in life, working and attending school simultaneously. He came to Delhi in 2019 after marrying Nancy against their parents' wishes. Starting with a daily wage of Rs 200 as a labourer, Sonu then became a security guard before settling into his current job as a delivery rider for the past three years. Earlier this year, Nancy returned to her hometown, handing over young Sarthak to Sonu's care. Sonu's daily routine is filled with challenges as he balances his role as a delivery rider and a father. Every kilometre covered on his Yulu bike brings him one step closer to his goal of ensuring his son has a better future.

Narendra Modi on Friday called the conservation of water and environment a part of India's cultural consciousness, pitching for the «reduce, reuse, recharge and recycle» mantra to save water. He was virtually speaking at a programme marking the launch of the 'Jal Sanchay Jan Bhagidari' initiative in Surat, a step aimed at strengthening community involvement in water conservation. «For water conservation, we have to work on the mantra of 'reduce, reuse, recharge and recycle'. We also need to adopt innovative techniques and the latest technology to conserve water,» said the PM. Modi said India has just four per cent of freshwater resources, and many parts of the country face a water crisis.

REC Ltd. slipped 3.22 per cent to Rs 610.0 in Friday's trade. It hit a high of Rs 630.7 and low of Rs 608.35 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 496.64, while the 50-DMA was at Rs 600.11. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Tamil Nadu Chief Minister MK Stalin on Friday said that the state has secured MOUs (memorandum of understanding), worth Rs 850 crores with US-based companies Lincoln Electric, Vishay Precision, and Visteon. In a post on the social media platform «X», the Tamil Nadu CM said, «In the land of opportunities, every new dawn ignites fresh hopes. We've secured MoUs worth Rs850 crores with Lincoln Electric, Vishay Precision, and Visteon, bringing us one step closer to realising our vision. Through relentless effort and determination, we continue to turn our dreams into reality.» On Thursday, Tamil Nadu secured a Rs 2000 crore Memorandum of Understanding (MoU) with Trilliant to establish a manufacturing unit as well as create their Development and Global Support Centre in the state.

Sabalenka reached a second successive US Open final on Thursday when she defeated a battling Emma Navarro as well as a partisan crowd to move one win away from her third Grand Slam title. Double Australian Open champion Sabalenka triumphed over the 13th-seeded American 6-3, 7-6 (7/2) and will face either Jessica Pegula of the United States or the Czech Republic's Karolina Muchova in Saturday's final. Navarro, playing in her first semi-final at the majors, went down fighting, however, when she clawed her way back from 3-5 down in the second set to take her chances in a tiebreak.

Brigade Enterprises has raised Rs 1,500 crore by selling equity shares to institutional investors as part of its strategy to expand business. The company on September 2 launched its qualified institutional placement (QIP) issue to raise funds. The issue closed on September 5. In a regulatory filing on Friday, Brigade Enterprises said a committee of directors approved the allotment of 1,30,43,478 equity shares to eligible qualified institutional buyers.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

CreditAccess Grameen with a target price of Rs 1555. The current market price of CreditAccess Grameen Ltd. is Rs 1179.5. CreditAccess Grameen Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 18798.64 Crore) operating in NBFC sector.

Sri Lanka will hold its presidential election Sept. 21 in a crucial vote that will decide the future course of the South Asian nation still struggling to recover from its economic collapse in 2022, which provoked mass protests and forced the former pre...

Ujjivan Small Finance Bank with a target price of Rs 52. The current market price of Ujjivan Small Finance Bank is Rs 43.96. Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8495.57 Crore).

US National Security Council spokesman John Kirby stated that the Biden administration believes that the ceasefire deal between Israel and Hamas is 90 per cent agreed on, adding, «That's how close we believe we are,» Al Jazeera reported. «Nothing is negotiated until everything is negotiated,» Kirby said. He noted that several detailed issues remain to be resolved, adding that «that's when things get difficult.» «You call that optimistic. I call that accurate. That's how close we believe we are. That's where we have gotten to. The basic framework of the deal has been agreed to,» Kirby said.

debt firm VentureSoul Partners has completed the first close of its Rs 600 crore maiden fund, raising Rs 146.5 crore. The fund plans to make debt investments in approximately 25 startups, with an average cheque size of Rs 20-25 crore, founder Kunal Wadhwa told ET. VentureSoul Partners, founded by former banking professionals Anurag Tripathi, Ashish Gala, and Wadhwa, is a Sebi-registered Category II Alternative Investment Fund (AIF). The firm is targeting a corpus of up to Rs 300 crore, with an additional Rs 300 crore in greenshoe options.

Israel's Foreign Minister met on Thursday with the visiting Romanian Foreign Minister, Luminita Odobescu. Katz said he thanked Odobescu for her continued support after the October 7 Hamas terror massacre and for Israel's efforts to free all the hostages. He also told Odobescu that Israel's war is «the war of the entire Western world against the Iranian axis of evil and its proxies.»

Mint. Significantly, private credit is growing despite high global interest rates because it offers flexible terms for pricing, duration, and structure. This flexibility helps companies manage their costs and cash flow more effectively in a challenging interest rate environment.

Cybercriminals are turning their focus to small and medium enterprises (SMEs) as large organisations bolster their cybersecurity infrastructure, maintain data redundancy, invest in cyber insurance, and refuse to pay ransom. Hacker groups like Lockbit, BlackCat and Akira are increasingly targeting SMEs in healthcare, retail and manufacturing, who sometimes remain unable to regain their IT systems even after paying ransom. Attacks on SMEs (with 100-5,000 employees) have significantly risen in India and accounted for nearly half of all such incidents in 2023. Among large organisations, only 10% of those attacked paid ransom, whereas with SMEs, 44% ended up paying amounts ranging between $25,000 and $100,000, according to data from cybersecurity firms.

Stocks, bonds and major currencies held to tight ranges Friday as traders prepared for US jobs data that will help determine the size of a Federal Reserve rate cut later this month. Shares in Japan fluctuated, as the yen stabilized after a rally this week, while those in Australia were little changed. Futures for US equities slipped after the S&P 500 ended Thursday lower. Pre-opening trading of Hong Kong securities was shut Friday due to Super Typhoon Yagi.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Donald Trump is currently facing a major fix after his formidable adversary Kamala Harris has begun pulling ahead of him, with New Hampshire being the latest region where the former US President is looking at losing his stronghold. Pollsters are already looking at a further shortened map for the former US President, if he ends up conceding New Hampshire.

Gov. Bill Lee has announced that a France-based company specializing in nuclear power and renewable energy has selected a site in eastern Tennessee

Public Accounts Committee (PAC) is set to look into allegations against Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch and may summon her later this month, said people with knowledge of the matter. The matter was added to the PAC's agenda after several members demanded an inquiry into the functioning of Sebi and allegations against Buch at the panel's first meeting on August 29. The PAC is headed by Congress leader KC Venugopal and has members from both the ruling NDA and the opposition INDIA bloc. The agenda item doesn't specify the regulator or name the chief. It's listed as «Performance review of regulatory bodies established by act of parliament.» However, officials said it stemmed from the recent allegations against the Sebi chief. «The matter was added on suo moto basis in the August 29 meeting as many members were concerned about the serious allegations against the capital market regulator and the Sebi chief,» said one of the persons. «The concerned ministry officials may be summoned this month.»