domestic production News

Surge in Business Confidence Index Signals Economic Optimism for Q3 2024-25

The Business Confidence Index (BCI) for Q3 2024-25 shows a significant rise, reflecting optimism among businesses regarding economic conditions, financial positions, and investment...

Government Unveils New PLI Scheme for Steel Sector to Boost Domestic Production

The Indian government is launching a new round of the Production-Linked Incentive (PLI) scheme for the steel sector to boost domestic production and reduce imports. The initiative ...

President Biden Moves to Block Nippon Steel's Acquisition of US Steel Amid National Security Concerns

President Biden is reportedly set to block the sale of US Steel to Nippon Steel, citing national security concerns and potential impacts on domestic production. Nippon Steel's rece...