Saturday , 9 May 2026

Industrial

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JK Lakshmi Cement Q3 Profit Falls 23% Despite Revenue Growth

JK Lakshmi Cement reported a 23% year-on-year decline in Q3 net profit to Rs 57 crore, even as revenue rose 6.3% on steady...

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Budget 2026 Signals Sustained Growth Outlook for India’s Cement Sector

Union Budget 2026-27 has reinforced long-term growth visibility for India’s cement sector, driven by higher capital expenditure, urban infrastructure push and major connectivity...

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US Cuts Tariffs on Indian Goods to 18% After Modi-Trump Talks

The United States has announced a sharp reduction in tariffs on Indian goods, cutting rates from 50% to 18% following talks between President...

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Steel PSU capex to rise 44% in FY27 on improving demand outlook

Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...

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₹10,000 crore container manufacturing scheme unveiled in Budget

The Union Budget has announced a ₹10,000 crore container manufacturing scheme aimed at building global capacity, strengthening India’s logistics ecosystem, reducing import dependence...

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Budget 2026 Pushes Domestic Construction Equipment Manufacturing with Rs 200 Crore CIE Scheme

Budget 2026 introduces a Rs 200 crore scheme to strengthen domestic manufacturing of construction and infrastructure equipment, aiming to reduce import dependence and...

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Budget 2026 Focus on Critical Minerals and Capex to Boost Metals and Mining

Union Budget 2026 outlines a strong policy and investment push for India’s metals and mining sector, with ₹12.2 lakh crore public capex, focus...

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NMDC Explores Coal Assets in Canada to Support India’s Steel Expansion

State-owned miner NMDC is exploring coal reserves in Canada to secure raw material supplies for India’s expanding steel sector, as the country pushes...

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SAIL Posts 60% Jump in Profit on Higher Volumes and Debt Reduction

Steel Authority of India Limited reported a strong improvement in profitability for the first nine months of FY26, supported by higher sales volumes,...

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Ambuja Cement Q3 Profit Slumps 90.5% Despite Record Volumes and Revenue

Ambuja Cement reported a sharp 90.5 percent fall in Q3 profit to Rs 204 crore due to higher costs and the absence of...