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Thursday, January 13, 2022

South Korea's POSCO, Adani eye steel mill project in $5bn pact

Indian billionaire Gautam Adani's infrastructure group and South Korean steel major POSCO aim to invest about $5 billion on projects that include setting up an integrated steel mill in the western state of Gujarat, the companies said.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...