Purchasing power is the value of a currency expressed in terms of the number of goods or services that one unit of money can buy. It can weaken over time due to inflation. That's because rising ...

It comes after paper and packaging giant DS Smith told The Telegraph that high power prices risked becoming a barrier to investment, while steel producers – including Tata, the owner of Port ...

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Prima Power provides businesses of all sizes with targeted dynamic technologies that enhance profitability in sheet metal working. We create integrated automated solutions designed to meet our clients ...

Following the blackout, social media was flooded with rumors and images, falsely claiming that the power failure was due to a blast at one of Tata Steel's blast furnaces. These claims quickly ...

Jindal India Limited, one of the leading players in India’s downstream steel industry, has revealed plans for a ₹1,500 crore capital expenditure to significantly increase its production capacity. This ...

US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the ...

The stories that matter on money and politics in the race for the White House The US government has extended its national security review of Nippon Steel’s proposed $15bn acquisition of US Steel ...

China produces about 1 billion tonnes of steel annually, dominating global output. In 2023, exports surged to 90 million tonnes, impacting foreign competitors. Struggling economically, Chinese ...

For the sixth consecutive trading session on Tuesday, shares of Jindal Steel & Power, a leading integrated steel producer in India, were in positive territory, rising 2.77% to ₹1,073.70 per ...