JSW Steel USA to Invest $110 Million in Modernizing Plate Mill in Texas

Centre Reviews Kerala's Power Sector Needs

The Union Power and Housing & Urban Affairs Minister Manohar Lal held a comprehensive review of Kerala's power sector on Friday at Hotel Leela Raviz. The discussion revolved around renewable energy integration, power distribution improvements, and strategies to meet the state’s growing electricity demand. Minister of State for Petroleum and Natural Gas Suresh Gopi and Kerala Electricity Minister K Krishnankutty joined senior officials from the Centre, the state government, and the Power Finance Corporation (PFC) in outlining key goals under the Revamped Distribution Sector Scheme (RDSS). Ker..

GST Council: Tax on Used EVs, Popcorn; ATF Stays Out

The Goods and Services Tax (GST) Council, in its 55th meeting , announced several key tax updates, including an 18% GST on the margin value of used electric vehicles (EVs) sold by businesses. However, aviation turbine fuel (ATF) will remain outside the GST regime, following unanimous opposition from states. The Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state representatives, reduced the GST on fortified rice kernels for public distribution from 18% to 5%. This decision aligns with broader efforts to make essential food items affordable. Tax Clarifications on ..

Kamarajar Will Become a Mega Port

Kamarajar Port (KPL), about 24 km north of Chennai, has completed 25 years since it was incorporated as Ennore Port in Oct 1999. It has developed a cargo handling capacity of around 57.5 million tonnes per annum (MTPA) over the past 25 years and is targeting increase in capacity to 254.5 MTPA in the next 25 years (by 2047). In an interview to TOI, Sunil Paliwal, chairman, KPL, speaks about the plans to transform the 12th major port in India into a mega port. KPL has taken up several projects to boost infrastructure, enhance capacity and improve logistics and trade connectivity. These include s..