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Key Price Trends and Outlook for HR Coils and Plates (Outlook for August 2025)
Procurement

Key Price Trends and Outlook for HR Coils and Plates (Outlook for August…

The Indian steel market for HR Coils and Plates is currently experiencing a downturn in July 2025. HR Coil prices have dropped by ₹800/tonne week-on-week, while HR Plate prices remain mostly stable, with some thinner plates showing a slight decrease. This weakness is driven by monsoon-related low demand and a surge in imports from countries like China and South Korea. Looking ahead, a mild price recovery is anticipated in September–October, following the monsoon season and a potential government policy on import duties.

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What is next-day delivery?
Logistics

What is next-day delivery?

Next-day delivery has become a necessity for all businesses to keep up with the competition and improve customer satisfaction. Recent studies indicate that both business buyers and retail customers prefer online stores that offer next-day delivery or same day delivery option.

What is logistics outsourcing: Example, types & benefits
Logistics

What is logistics outsourcing: Example, types & benefits

Hiring a logistics service provider to handle your logistics operations is called logistics outsourcing. Outsourcing logistics simplifies the logistics operations of a company because the logistics provider is fully responsible for product transportation and order delivery.

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All hidden functions of GSTN: Role, features, and impact
MSME

All hidden functions of GSTN: Role, features, and impact

Snippet Summary: Discover the hidden functions of GSTN that go beyond tax filing, from fraud detection and invoice matching to aiding MSMEs in their digital transformation. GSTN also plays a key role in E-Way Bill compliance and offers valuable insights through data analytics for government decision-making, transforming India's tax system.

Last updated on: Oct 14, 2024
Anirban Sinha
Understanding Form DRC-01 in GST: Purpose, Response, and Compliance
MSME

Understanding Form DRC-01 in GST: Purpose, Response, and Compliance

The DRC-01 in GST is a notice issued to taxpayers highlighting tax discrepancies or unpaid amounts. It requires prompt response to avoid penalties. Learn how to respond, the legal framework involved, and common issues leading to its issuance, ensuring businesses maintain compliance and avoid complications.

Last updated on: Feb 25, 2025
Anirban Sinha
What is the Cascading Effect in GST?
MSME

What is the Cascading Effect in GST?

The cascading effect in GST refers to the taxation of goods and services at multiple levels, leading to higher costs for consumers and businesses. Before GST, India’s complex tax structure involved various state and central taxes, creating confusion and inefficiencies. This change helps reduce the overall tax burden and fosters a more favourable business environment.

Oct 7, 2024
Anirban Sinha
Steel City of India: The industrial hub of India’s steel industry
Procurement

Steel City of India: The industrial hub of India’s steel industry

Jamshedpur, famously known as the Steel City of India, stands as the heart of India's steel industry. Strategically located near abundant resources like iron ore and coal, the city boasts world-class infrastructure, including well-connected roads, railways, and ports. Jamshedpur’s steel industry, driven by Tata Steel, contributes over 10 million tonnes annually to India’s steel output. Learn the details below.

Last updated on: Feb 26, 2026
Anirban Sinha
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