Ishita Ayan Dutt

1 week ago | business-standard.com | Ishita Ayan Dutt

Tata Steel recently announced a major transformation programme at its Netherlands operation that is expected to impact 1,600 jobs. In a video interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, discusses with Ishita Ayan Dutt a wide range of issues - from the genesis of the transformation programme to safeguard duty on steel in the domestic market and the India story which is expected to get stronger in a volatile world. Edited excerpts:

2 weeks ago | rediff.com | Ishita Ayan Dutt

As India’s tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023. Export earnings at Rs 7,111.43 crore were also higher than Rs 6,160.86 crore. Data from the International Tea Committee Bulletin for 2024 shows that India was the third largest exporter after Kenya and China.

3 weeks ago | rediff.com | Ishita Ayan Dutt

Should they prioritise reducing debt or push forward with growth? The proposed safeguard duty and domestic demand might shape the decision. Ishita Ayan Dutt/Business Standard reports. IMAGE: Workers load TMT bars into a truck at a factory in Mandi Gobindgarh in Punjab. The “weaponisation” of economic activity — through tariffs and sanctions — is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

1 month ago | rediff.com | Dev Chatterjee |Ishita Ayan Dutt

JSW Steel, owned by Sajjan Jindal, has emerged as the world’s most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data. The milestone sees the Indian major outpacing industry titans such as L N Mittal-owned ArcelorMittal, the world’s biggest steelmaker, at $27.14 billion, and Nucor Corporation of the US at $29.4 billion.

1 month ago | rediff.com | Ishita Ayan Dutt

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne. The monthly average for January was Rs 47,000 per tonne.