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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
India’s steel sector underpins infrastructure, manufacturing, defence, and exports while driving economic growth. Government policies shape production, trade, technology adoption, and sustainability for a competitive industry. Let’s understand the key policies and initiatives shaping India’s steel landscape.
Calculating the inventory turnover ratio is essential for all businesses that deal with inventories. The ratio indicates the performance of the inventory function which is directly linked to sales. With improvement in the inventory management ratio, a business can maximise sales and achieve greater heights. Read on to know more.
Timely deliveries of goods and services is extremely important for achieving customer satisfaction. If you are facing delay in deliveries, you need to find out the lead time, areas of improvement and ways to improve the lead time. Here is how you can do it.
India’s GST collection surged 9.1% in February 2025, reaching ₹1.83 lakh crore, signalling strong economic growth, increased compliance, and rising domestic consumption. Key drivers include higher e-invoicing adoption, digital tax reforms, and expanding business activity. With continued policy support and sectoral growth, GST revenues are expected to maintain an upward trend.
Nippon Steel is a global leader in steel manufacturing, driving innovation, sustainability, and expansion. It pioneers high-strength alloys, AI-powered production, and hydrogen-based steelmaking. With strategic acquisitions and a commitment to carbon neutrality, it serves industries like automotive and renewable energy. Its CSR efforts include workforce development, environmental conservation, and education initiatives.
The Indian government is considering extending steel import restrictions, potentially disrupting MSMEs and pushing raw material prices higher. If implemented, businesses relying on ferrous scrap, coke, and manganese ore imports may face shortages. What does this mean for the steel industry? How can MSMEs prepare? Read on for expert insights.
Recently, numerous companies have reported receiving an unusually high number of GST notices. This surge arises from two primary reasons: systemic glitches and compliance errors. Frequent mismatches in invoice details, inaccurate Input Tax Credit (ITC) claims, delayed or incorrect filings, and confusion over evolving GST rules contribute significantly. Additionally, limitations and technical gaps within the GST portal itself amplify this issue, causing unnecessary scrutiny and inconvenience.
India is moving to expand green steel procurement, with a proposed 25% share for government projects still under consideration. The...
The MSME Amendment Act 2026 brings important changes to India’s MSME framework, with a focus on classification, registration, and payments....
India's August 2026 GST collection reached ₹1.99 lakh crore, marking 14.8% year-on-year growth. Domestic and import-related GST revenues both contributed...
LRPC wire vs LRPC strand is a key buying decision for contractors and precast manufacturers choosing prestressing steel for specific...
