JSW Steel will be investing over Rs 50,000 crore to create 10 million tonnes per annum of green steel capacity at a plant near the country's financial capital, a top official said on Tuesday. "We will be investing Rs 50,000-60,000 crore for the green steel capacity," Jindal told reporters on the sidelines of an event here. He said this will be a brownfield investment at its plant in Raigad district's Salav and the investment will happen over the next three-four years. In March, the company had announced plans to increase the green steel capacity at Salav to 4 MTPA in phases. The investment is necessitated because of a European mandate on green steel, and Jindal said the 10 MTPA capacity will emit a fifth of the carbon as used by conventional plants currently. Jindal also said that China and Vietnam are trying to dump steel into India, and expected the "vigilant" Government to slap safeguard duties to protect domestic steel makers like his company in a few days. Denying notions of
Chanting patriotic songs, thousands of supporters of Serbia's populist President Aleksandar Vucic gathered in downtown Belgrade on Friday, a day ahead of what authorities expect to be a huge rally in his support. Belgrade was on edge, with authorities preparing for large crowds and potential counter-demonstrations in different parts of Serbia, including an anti-government rally in a southern Muslim-populated part of the country. The rally in the Serbian capital is expected to be a significant moment in Serbia's ongoing political crisis after more than five months of student-led anti-corruption protests triggered by a rail station canopy collapse that killed 16 people in the north of the country on November 1. In Belgrade on Friday, Vucic unveiled a Serbian red blue and white flag which the state-run media said is the largest in the history of the Balkan state. In the central parts of the capital in front of the parliament building, dozens of tents were erected to house Vucic's ...
Britain and France are convening a meeting of defence ministers from around 30 countries on Thursday to press ahead with plans to deploy troops to Ukraine to police any future peace agreement with Russia. The meeting at NATO headquarters the first between defence ministers representing the so-called coalition of the willing comes after a visit to Kyiv last week by senior British and French military officers. It's expected to work on fleshing out an agreement reached at an earlier meeting between leaders. As usual with coalition gatherings, the United States will not take part, but the success of the coalition's operation hinges on US backup with airpower or other military assistance. However, the Trump administration has made no public commitment that it will do so. Amid that uncertainty and US warnings that Europe must take care of its own security and that of Ukraine in future, the force is seen as a first test of the continent's willingness to defend itself and its interests.
In the Baltic Sea, undersea cables and pipelines that power homes, connect data, and sustain economies are reportedly being struck, severed, and quietly repaired repeatedly
Comments come against the backdrop of European Union countries weighing approval of a first set of targeted countermeasures on up to $28 billion of US imports in coming days
Starmer also expressed disappointment over the new tariffs but emphasised that the UK would continue to act in its national interest
Billionaire Elon Musk told Italy League leader Matteo Salvini on Saturday that he hoped in the future the US and Europe could create "a very close, stronger partnership" and reach a "zero-tariff zone". Musk spoke to Salvini in a video conference during the League's congress in Florence. Salvini is the leader of the far-right, anti-migrant League party and vice premier of the Italian conservative government led by Premier Giorgia Meloni. He said that, ideally, there will be a "zero-tariff zone in the future with a free trade zone between Europe and North America". Musk, an adviser to President Donald Trump who owns Tesla, SpaceX and the social media platform X, has played a key role in government downsizing as the head of the newly created Department of Government Efficiency.
According to NATO estimates, some of the continent's big economies, such as Italy and Spain, are among those below the current 2 per cent target, at around 1.5 per cent and 1.3 per cent respectively
US Secretary of State Marco Rubio and the Trump administration's new envoy to NATO arrived Thursday in Brussels, where the alliance's top diplomats are hoping they'll shed light on US security plans in Europe. European allies and Canada are deeply concerned by President Donald Trump's readiness to draw closer to Russian leader Vladimir Putin, who sees NATO as a threat, as the US works to broker a ceasefire in Ukraine. Recent White House comments and insults directed at NATO allies Canada and Denmark as well as the military alliance itself have raised alarm and confusion, especially with new US tariffs targeting US friends and foes alike. Since Defence Secretary Pete Hegseth warned last month that US security priorities lie elsewhere in Asia and on the US's own borders the Europeans have waited to learn how big a military drawdown in Europe could be and how fast it may happen. In Europe and Canada, governments are working on burden shifting plans to take over more of the load, .
Goods from Canada and Mexico are not currently subject to reciprocal tariffs because Trump's prior 25 per cent fentanyl-related duties remain in place on their goods
US Secretary of State Marco Rubio travels this week to a gathering of top diplomats from NATO countries and is sure to find allies that are alarmed, angered and confused by the Trump administration's desire to reestablish ties with Russia and its escalating rhetorical attacks on longtime transatlantic partners. Allies are deeply concerned by President Donald Trump's readiness to draw closer to Russian leader Vladimir Putin, who sees NATO as a threat, amid a U.S. effort to broker a ceasefire in Ukraine. Recent White House comments and insults directed at NATO allies Canada and Denmark as well as the military alliance itself have only increased the angst, especially as new US tariffs are taking effect against friends and foes alike. Rubio arrives in Brussels on Thursday for two days of meetings with his NATO counterparts and European officials, and he can expect to be confronted with questions about the future US role in the alliance. For 75 years, NATO has been anchored on American
Danish Prime Minister Mette Frederiksen is travelling to Greenland on Wednesday for a three-day trip aimed at building the trust of Greenlandic officials at a time that the Trump administration is seeking control of the vast Arctic territory. Prime Minister Mette Frederiksen announced plans for her visit after US Vice President JD Vance visited a US air base in Greenland last week and accused Denmark of underinvesting in the territory. Greenland is a mineral-rich, strategically critical island that is becoming more accessible due to climate change. Trump has said that the landmass is critical to U.S. security. It is part of North America but is a semiautonomous territory belonging to the Kingdom of Denmark. Frederiksen is due to meet the incoming Greenlandic leader, Jens-Frederik Nielsen, after an election last month that produced a new government. She is also to meet with the future Naalakkersuisut, the Cabinet, in a visit due to last through Friday. It has my deepest respect how
Russia did not immediately comment after business hours on Zelenskyy's remarks, but has previously denied its soldiers have committed atrocities
With this initiative by the Gujarat government, the new plant will utilize chlorine to manufacture value-added chlorine-based products
US Vice President JD Vance said on Friday that Denmark has "underinvested" in Greenland's security and demanded that Denmark change its approach as President Donald Trump continues to talk of taking over the Danish territory. The pointed remarks came as Vance visited US troops on Pituffik Space Base on the mineral rich, strategically critical island. Our message to Denmark is very simple: You have not done a good job by the people of Greenland, Vance said. You have underinvested in the people of Greenland, and you have underinvested in the security architecture of this incredible, beautiful landmass filled with incredible people. That has to change. Vance said the US has no option but to take a significant position to ensure the security of Greenland as he encouraged a push in Greenland for independence from Denmark. I think that they ultimately will partner with the United States, Vance said. We could make them much more secure. We could do a lot more protection. And I think they'
The US has expressed interest in expanding its existing military presence on the island, including placing radars there to monitor the waters between the island, Iceland and Britain
As wake-up calls go, the alarms don't get much louder. Allies of the United States see the group chat between top US officials about a planned attack in Yemen that accidentally included a journalist as a jaw-dropping security breach which casts doubt on intelligence-sharing with Washington and the security of joint military operations. "Scary" and "reckless" was the verdict of one European diplomat about the discussion on the Signal messaging app about strikes on Houthi rebels. Neil Melvin, a security expert at defence think-tank the Royal United Services Institute, called it "pretty shocking". "It's some of the most high-ranking US officials seeming to display a complete disregard for the normal security protocols, he said. Beyond the security concerns raised by the leaked chat, US officials addressed the country's trans-Atlantic allies with disdain as Vice-President J D Vance complained about bailing out Europe and Defence Secretary Pete Hegseth slammed pathetic European ...
US Vice-President J D Vance has said that he's joining his wife on a Friday trip to Greenland, suggesting in an online video that global security is at stake. We're going to check out how things are going there, Vance said in a video shared on Tuesday. Speaking for President Trump, we want to reinvigorate the security of the people of Greenland because we think it's important to protecting the security of the entire world, he said. US President Donald Trump irked much of Europe by suggesting that his country should in some form control the self-governing, mineral-rich territory of American ally Denmark. As the nautical gateway to the Arctic and North Atlantic approaches to North America, Greenland has broader strategic value as both China and Russia also seek access to its waterways and the nearby natural resources. The office of second lady Usha Vance said on Sunday that she would depart on Thursday for Greenland and return on Saturday. Usha Vance and one of her three children h
Lisa Solrun Christiansen gets up at 4 am most days and gets to work knitting thick wool sweaters coveted by buyers around the world for their warmth and colorful patterns celebrating Greenland's traditional Inuit culture. Her morning routine includes a quick check of the news, but these days the ritual shatters her peace because of all the stories about US President Donald Trump's designs on her homeland. I get overwhelmed,' Christiansen said earlier this month as she looked out to sea, where impossibly blue icebergs floated just offshore. The daughter of Inuit and Danish parents, Christiansen, 57, cherishes Greenland. It is a source of immense family pride that her father, an artist and teacher, designed the red-and-white Greenlandic flag. On his deathbed he talked a lot about the flag, and he said that the flag is not his, it's the people's, she said. And there's one sentence I keep thinking about. He said, I hope the flag will unite the Greenlandic people." Island of ...
Europeans splashed $155 billion on travel to the United States in 2023, according to EU figures, while transatlantic travel has bolstered earnings for airlines