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New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >
New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >
After a specular performance in FY26 including that of March 2026, automobile dealers now remain "constructively cautious" about the future as the war in West Asia is threatening growth. "The broader operating environment is clouded by the West Asia situation. Our survey reveals that 53.2% of dealers have experienced some form of supply or dispatch disruption linked to the ongoing conflict, with 17.1% reporting significant delays of three or more weeks," Federation of Automobile Dealers Associa ...Read More >
New Delhi: Mesabi Metallics Company LLC, an Essar Group company, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota. The latest funding follows a previously announced USD 520 million senior secured credit facility from Breakwall Capital, adding to a series of financing moves for the project, which has also received backing from the US Export-Import Bank, th ...Read More >
New Delhi, Apr 6 (PTI) Jindal Steel on Monday said it has deployed syngas in galvanising and colour coating line furnaces to counter the shortage of natural gas, LPG and propane, enabling the company to sustain operations amid supply disruptions. Syngas, or synthesis gas, is a clean-burning fuel that offers a way to convert waste and biomass into valuable energy, acting as a circular energy source. The innovative switch to syngas -- produced through gasification of coal -- has allowed the comp ...Read More >
New Delhi, Apr 6 (PTI) Mesabi Metallics Company LLC, an Essar Group company, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota. The latest funding follows a previously announced USD 520 million senior secured credit facility from Breakwall Capital, adding to a series of financing moves for the project, which has also received backing from the US Export-Imp ...Read More >
NEW DELHI - India's car dealers on April 6 warned of possible supply or dispatch disruptions in the near term as the Middle East conflict drove up raw material costs, even as the fiscal year's total sales hit a record high. The broader operating environment is clouded by the conflict, the Federation of Automobile Dealers Associations (FADA) said in a statement. The war has pushed up oil and gas prices, raising fuel and logistics costs across the auto supply chain, while also driving up prices ...Read More >
(RTTNews) - Indian shares traded lower in early trade on Monday due to lingering geopolitical tensions, rising crude oil prices and continued FII selling. Brent crude prices traded near $110 a barrel as U.S. President Donald Trump renewed his threat to attack Iran's bridges and power plants, warning he would bring "Hell" to Iran if they do not open the vital waterway by 8 p.m. Eastern Time on Tuesday. Trump will hold a news conference "with the Military" at the Oval Office at 1 p.m. later toda ...Read More >
Mumbai: The sound of firecrackers greeted residents near Parel and Prabhadevi stations early in the morning on Sunday as Central Railway and the Maharashtra Rail Infrastructure Development Corporation (MRIDC) authorities and workers celebrated the demolition of the British-era Elphinstone road over bridge (ROB). The ROB had served as a key east-west connector for 115 years. The demolition required an additional 90 minutes beyond the 6.5-hour mega block announced earlier, inconveniencing rail co ...Read More >
Rourkela Steel Plant (RSP), a unit of the Maharatna company Steel Authority of India Limited (SAIL), has registered its best-ever performance in 2025-26, achieving record output across key production units and setting new benchmarks in techno-economic efficiency. Sources said the plant posted its highest-ever April-March performance in blast furnace operations, with both blast furnace-1 and 5 recording peak production levels. Blast furnace-1 produced 10.7 lakh tonnes of hot metal, while blast f ...Read More >
MUMBAI, April 4: Indian stock markets appear to be moving into a consolidation phase, marked by high volatility and limited clarity on direction, as global uncertainties and mixed domestic signals keep investors on edge, according to market experts on Saturday. Indian equity benchmarks ended the holiday-shortened week on a subdued note -- reflecting the ongoing uncertainty in the market. The Nifty slipped 0.47 per cent, while the Sensex also closed lower, marking the sixth consecutive week of ...Read More >
New Delhi: Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to a recent report by SBI Research. The report, released ahead of India's upcoming Monetary Policy Committee (MPC) meeting, flagged growing uncertainties in the global macroeconomic environment, noting that "global GDP growth forecast have not seen revisions so far, but downward revision seems imminent." Also r ...Read More >
New Delhi [India], April 5 (ANI): Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to a recent report by SBI Research. The report, released ahead of India's upcoming Monetary Policy Committee (MPC) meeting, flagged growing uncertainties in the global macroeconomic environment, noting that "global GDP growth forecast have not seen revisions so far, but downward revision s ...Read More >
New Delhi [India], April 3 (ANI): The recent decision by US President Donald Trump to impose a 100 per cent tariff on patented pharmaceutical imports to US is unlikely to cause immediate disruption to Indian drugmakers, as the move largely targets branded medicines while exempting generics and biosimilars, said Siddharth Mittal, Managing Director and CEO (Designate) Syngene International Limited. Also Read | US Pilot Rescued After Fighter Jet Shot Down in Iran; Helicopter Also Hit During Search ...Read More >
Hyderabad (Telangana) [India], April 3 (ANI): India and Vietnam have significant opportunities to deepen cooperation in investment and the textile sector, a senior Vietnamese trade official said, highlighting the growing economic ties between the two countries. Bui Trung Thuong, Trade Counsellor and Head of Trade Office at the Embassy of Vietnam, told ANI that both nations, particularly regions like Telangana, offer strong potential for business collaboration. Also Read | OpenAI Acquires TBPN. ...Read More >
Hyderabad (Telangana) [India], April 3 (ANI): India and Vietnam have significant opportunities to deepen cooperation in investment and the textile sector, a senior Vietnamese trade official said, highlighting the growing economic ties between the two countries. Bui Trung Thuong, Trade Counsellor and Head of Trade Office at the Embassy of Vietnam, told ANI that both nations, particularly regions like Telangana, offer strong potential for business collaboration. "We found that there are huge opp ...Read More >
New Delhi: The recent decision by US President Donald Trump to impose a 100 per cent tariff on patented pharmaceutical imports to US is unlikely to cause immediate disruption to Indian drugmakers, as the move largely targets branded medicines while exempting generics and biosimilars, said Siddharth Mittal, CEO and Managing Director of Biocon Limited. In an exclusive interaction with ANI, Mittal said the tariff action is aimed at boosting domestic manufacturing in the United States but does not ...Read More >
The safe-haven asset gold has been subjected to a volatile cycle of highs and lows in recent times. While it declined on Monday, the yellow metal prices have rallied on Tuesday, March 31. In India, the gold prices for 24 karat gold per gram rose by Rs 103 to Rs 14,929, Rs 13,685 per gram for 22 karat gold, signalling a surge by Rs 95. Meanwhile, the prices for 18 karat gold surged by Rs 78 to Rs 11,197. The MCX remained closed for the morning session on Tuesday on account of 'Mahavir Jayanti', ...Read More >
New Delhi [India], April 3 (ANI): Russia's First Deputy Chairman Denis Manturov reaffirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas (LNG) to the Indian market amid the energy crisis due to the conflict in West Asia, underlining deepening energy cooperation between the two countries during his official visit to the country. According to a statement issued by the Russian Embassy in India on Telegram on Thursday, Manturov highlighted t ...Read More >
Bangalore Gold Rate Today: The price of 24 karat, 22 karat, and 18 karat gold in Bangalore saw a sharp jump on Friday, April 4. Reversal in gold price in Karnataka capital helped the precious metal to reverse the previous day's losses. Meanwhile, the silver rate today in Bangalore remained stable. Friday morning's surge was in contrast with decline in international gold prices. House to lakhs of techies, startup founders and company executives, Bangalore's gold rates are closely tracked by lakh ...Read More >
Stock markets end lower for 6th straight week over West Asia conflict Mumbai: Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week. Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday's close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 ...Read More >
NALCO reported record production and sales in FY26, with strong growth in alumina output and sales, alongside steady aluminium volumes, marking its best-ever operational performance.National Aluminium Company Limited (NALCO) reported its highest-ever operational performance for FY26, with record production and sales across key segments, according to an exchange filing. The Navratna CPSE under the Ministry of Mines achieved strong output across its integrated operations. Bauxite excavation stood ...Read More >
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes four years since its signing today, marking an important milestone in the evolving economic partnership between India and Australia, stated the Ministry of Commerce & Industry. Since its signing on April 2 2022, the Agreement has played a pivotal role in enhancing trade flows, fostering industry linkages, and creating new opportunities for businesses, entrepreneurs, and employment in both countries. Trade grow ...Read More >
New Delhi: Silver prices fell sharply by Rs 9,000 to Rs 2.37 lakh per kilogram in the national capital on Thursday, while gold declined Rs 3,500 to Rs 1.51 lakh per 10 grams amid a bearish sentiment in the domestic market. According to the All India Sarafa Association, the white metal depreciated Rs 9,000, or 3.66 per cent, to Rs 2,37,000 (inclusive of all taxes) from Thursday's closing level of Rs 2,46,000 per kg. Gold of 99.9 per cent purity also declined Rs 3,500, or 2.26 per cent, to Rs 1, ...Read More >
BHUBANESWAR: Navratna CPSE National Aluminium Company Limited (Nalco) has achieved its highest-ever production across multiple operational fronts and surpassing previous records in both production and sales in 2025-26 fiscal. The company recorded bauxite excavation of 77.01 lakh tonne and bauxite transportation of 77.07 lakh tonne, while alumina hydrate production reached 23 lakh tonne and calcined alumina production stood at 22.75 lakh tonne in the year. Cast metal production was recorded at 4 ...Read More >
New Delhi: India holds rare earth oxide resources of approximately 8.52 million tonnes, but remains dependent on imports for rare earth magnets and related products due to low-grade domestic deposits, regulatory constraints and a limited processing industry, the Parliament was informed on Thursday. In a written reply in Rajya Sabha, Union Minister of State for Science and Technology, Dr Jitendra Singh, said the Atomic Minerals Directorate for Exploration and Research has identified 7.23 million ...Read More >
New Delhi: The government on Thursday imposed import curbs on all forms of articles of gold, silver and platinum, a move aimed at checking misuse of free trade agreements (FTAs). These restrictions will apply irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment, the Directorate General of Foreign Trade (DGFT) said in a notification. Accordingly, the benefit of transitional arrangements shall not be available. "The Import Po ...Read More >
New Delhi: Gold prices plunged Rs 6,004 to Rs 1.47 lakh per 10 grams in futures trade on Thursday amid intensified geopolitical tensions in West Asia that boosted the US dollar and dampened the investors' sentiment. Snapping a four-day winning streak, the yellow metal for the June delivery plunged Rs 6,004, or 3.91 per cent, to Rs 1,47,704 per 10 grams on the Multi Commodity Exchange. Analysts said precious metal prices declined as the US dollar rebounded following remarks by President Donald ...Read More >
New Delhi, Apr 2 (PTI) The government on Thursday imposed import curbs on all forms of articles of gold, silver and platinum, a move aimed at checking misuse of free trade agreements (FTAs). These restrictions will apply irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment, the Directorate General of Foreign Trade (DGFT) said in a notification. Accordingly, the benefit of transitional arrangements shall not be available. " ...Read More >
New Delhi, Apr 2: Silver prices fell sharply by Rs 9,000 to Rs 2.37 lakh per kilogram in the national capital on Thursday, while gold declined Rs 3,500 to Rs 1.51 lakh per 10 grams amid a bearish sentiment in the domestic market. Sharp decline in domestic bullion prices According to the All India Sarafa Association, the white metal depreciated Rs 9,000, or 3.66 per cent, to Rs 2,37,000 (inclusive of all taxes) from Thursday's closing level of Rs 2,46,000 per kg. Gold of 99.9 per cent purity a ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.