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May 2019 crude steel production

24 June 2019 Brussels, Belgium World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 162.7 million tonnes (Mt) in May 2019, a 5.4% increase compared to May 2018. China’s crude steel production for May 2019 was 89.1 Mt, an increase of 10.0% compared to May 2018. India produced 9.2

Microsoft underscores its commitment to the Indian startup ecosystem

Bengaluru, June 24, 2019: India is advancing steadily towards digital transformation. Businesses in India today are rapidly transforming to adopt digital solutions creating a huge market opportunity for startups. The startup ecosystem plays a critical role, bringing in innovation and disruption in much-needed areas, creating jobs, and offering technical solutions, thereby improving the lives of

Surging debt levels a threat to global economic stability, says GlobalData

Globalization has transformed the economic frameworks of both developed and emerging nations. However, along with steady economic growth, several countries have also witnessed high rise in their debt burden, both private and public alike. Against this backdrop, GlobalData, a leading data and analytics company, cautions governments against relying too much on debt and calls for

Message for World Refugee Day

The Secretary-General : Message for World Refugee Day 20 June 2019 On World Refugee Day, my thoughts are with the more than 70 million women, children and men – refugees and internally displaced persons — who have been forced to flee war, conflict and persecution. This is an astonishing number – twice what it was

NASSCOM STATEMENT ON H-1B VISAS DEVELOPMENT

“There have been some speculation that the US Administration is considering lowering the cap on new H-1B visas. However, there has been no official confirmation yet from the US government on the matter yet, and we await clarity from official sources. The United States’ global leadership in technology has been made possible, in part, by its

Statement regarding the Italian Crescita law decree and its potential implications for ArcelorMittal Italia

ArcelorMittal confirms that its Italian subsidiary (ArcelorMittal Italia “AMI”) has highlighted to the Italian government its concerns about the current text of the Crescita law decree. If ratified as currently drafted, the provision concerning the Taranto plant would impair any operator’s ability to operate the plant while implementing the environmental plan approved by the Italian Government in September 2017,

NAKSHATRA | SECOND EDITION | KOLKATA

One of a kind inter-orphanage art, literary, cultural festival! 500 children from various Shelter Homes participated in arts, literary, cultural competitions on 16 th June, 2019 at Loreto Day School, Bowbazar, Kolkata. Nakshatra is the platform which Bhumi provides to the underprivileged children helping them to enhance their inner talents and discover the singer and

Modernization of world nuclear forces continues despite overall decrease in number of warheads: New SIPRI Yearbook out now

(Stockholm, 17 June 2019) The Stockholm International Peace Research Institute (SIPRI) today launches the findings of SIPRI Yearbook 2019, which assesses the current state of armaments, disarmament and international security.  The modernization of nuclear forces continues SIPRI Governing Board Chair Ambassador Jan Eliasson, former Deputy Secretary-General of the United Nations, says: ‘A key finding is

Godrej supports Orion Racing, India’s first Formula Student squad, in designing and building a fully electric formula racer car

Mumbai, 14th June 2019: Orion Racing India, the country’s first Formula Student team, unveiled its electric-powered racer in Mumbai. ‘Artemis’, the electric racer car having an acceleration of 0 to 100 kmph in 4 seconds, was designed and built with support from Godrej & Boyce whose three businesses partnered with the Student team to make

ArcelorMittal prepares to further reduce primary production in Europe as market weakness continues

Further to the announcement made on 6 May, ArcelorMittal today announces its decision to take additional steps to adjust its European production levels to further align its production to the current market demand. The company continues to be impacted by weak market demand and high import levels in Europe. As a result, ArcelorMittal will: Reduce