Business Economy


AP: Vizag Steel resumes TMT rebar production

Visakhapatnam (Andhra Pradesh), Oct 23 (UNI) Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), has resumed production of its prime product ' TMT rebar' from mid-October, increasing the availability of its branded 'Vizag TMT' steel in the market.
The resumption of rolling operations is expected to improve the supply of TMT rebars in various sizes and meet the requirements of customers involved in house construction, Infrastructure development and other construction projects, a release stated on Friday.
Vizag TMT rebars have an established presence in the construction sector, with customers and dealers welcoming their renewed availability.
Customers have expressed satisfaction with the quality of the product and its suitability for different construction applications.
UNI KNR CDS
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AP: Vizag Steel resumes TMT rebar production

23 Oct 2026 | 5:03 PM

Visakhapatnam (Andhra Pradesh), Oct 23 (UNI) Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), has resumed production of its prime product ' TMT rebar' from mid-October, increasing the availability of its branded 'Vizag TMT' steel in the market.

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Finance Minister chairs 30th FSDC meeting; RBI Governor, SEBI head attend

23 Oct 2026 | 4:53 PM

New Delhi, Oct 23 (UNI) union Finance Minister Nirmala Sitharaman on Friday chaired the 30th meeting of the Financial Stability and Development Council (FSDC) in New Delhi, bringing together the Reserve Bank of India (RBI) Governor, heads of financial sector regulators and senior government officials.

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Union Mutual Fund reinforces TN commitment with Chennai branch launch

23 Oct 2026 | 4:51 PM

Chennai, Oct 23 (UNI) union Mutual Fund (Union MF), sponsored by union Bank of India and Daiichi Life Group, Inc., on Friday inaugurated its branch office in Chennai, reinforcing its commitment to investors and distribution partners across Tamil Nadu.

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Kobelco Construction unveils 3 excavator variants

23 Oct 2026 | 4:28 PM

Chennai, Oct 23 (UNI) Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co., today unveiled three variants in the 19.1-24 tonne category excavators - SK21 0, SK21 5LC and SK230XDLC designed to meet the evolving demands of India’s growing infrastructure sector.

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India's private sector growth hits four-month high in October as services pick up

23 Oct 2026 | 3:34 PM

New Delhi, Oct 23 (UNI) India's private sector recorded its strongest expansion in four months in October, supported by improving services activity and a faster rise in new business, according to the HSBC Flash India Purchasing Managers' Index (PMI) survey released on Friday.

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