Abhishek Law
Senior Assistant Editor at The Hindu Business Line
the irrelevant fat journo working for @businessline; highly judgemental & opinionated; food & southern movies r life; RTs aren’t endorsements. Bengali at heart.
Articles
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3 weeks ago |
thehindubusinessline.com | Abhishek Law
State-owned steel major, SAIL (formerly Steel Authority of India Ltd), will teeter on a financial tightrope. Facing a Q3FY25 debt position of ₹33,000 crore, up from FY24-levels, the company is looking to slash debt to ₹30,000 crore in FY25, and free up cash for a colossal ₹1.1-1.2 lakh crore expansion, Amarendu Prakash, Chairman and Managing Director, SAIL, told businessline. The 15-million-tonne per annum (mtpa) addition will be over its existing 20-mtpa capacity.
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3 weeks ago |
thehindubusinessline.com | Abhishek Law
State-owned miner Coal India Ltd (CIL) is exploring a 50:50 joint venture with Argentina’s YPF for lithium exploration, mining, and commercial use in the Latin American nation. A non-binding agreement was signed two months ago, and once lithium blocks are identified and finalised, a binding framework will be established, an official, requesting anonymity, told businessline.
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3 weeks ago |
thehindubusinessline.com | Abhishek Law
India has overhauled its procurement policy - Domestically Manufactured Iron & Steel Products Policy-2025 - to curb rising steel imports that threaten domestic market stability and primary steel mill production. The revised policy mandates priority for locally produced steel in government contracts while blocking foreign competition through stricter procurement rules.
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3 weeks ago |
thehindubusinessline.com | Abhishek Law
India’s 12 major ports —led by Deendayal Port (Gujarat) —saw a 5 per cent rise in traffic for FY25 to 855 million tonne (mt), as against the 819.30 mt they reported in the year-ago-period, data from India’s Ports and Shipping Ministry showed. Deendayal Port in Kandla saw over 13 per cent increase in traffic to over 150 mt, up 13.44 per cent over the 132.4 mt in the year-ago-period. In volume terms, Paradip reported 150.4 mt of cargo traffic —highest among ports, up around 4 per cent, to 145.4 mt.
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3 weeks ago |
thehindubusinessline.com | Abhishek Law
Last September, the last blast furnace at Port Talbot, in South Wales, flickered out, ending centuries of British ‘virgin’ steel-making that once fuelled the rise of the world’s greatest coloniser. Some months later, in 2025, the story is replaying itself across another industrial town, Scunthorpe.
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RT @businessline: Cement-makers, banking on an improved demand in Jan–Mar period, to sustain a price hike of ₹14–16 per bag, pan-India, in…
Morning LitBit from @madhuparna_N We all have read Frankenstein, some of us also watched the classic. Well - how was this character born ? Mary Shelley apparently wrote Frankenstein at age 18, during a rainy summer in 1816 at Lord Byron’s villa in Switzerland. The weather was
Petrol and diesel (retail) prices in India to remain unchanged (despite ₹2 hike in excise duty).