Market Updates
India’s Steel Imports Drop 27.6% in April-May as China, Japan Shipments Decline
India’s finished steel imports saw a sharp 27.6% year-on-year fall in April-May FY25, as inbound shipments from key suppliers China and Japan declined...
Jindal Steel Starts First Galvanising Line in Odisha, Targets High-Value Steel Market
Recently, Jindal Steel & Power, headed by Naveen Jindal, has gone ahead and flagged off its first continuous galvanizing line at the integrated...
Raymond Realty to List on Stock Exchanges July 1, Eyes 20% Profit Margins on Projects
Raymond Realty Ltd, the real estate arm of the Raymond Group, will debut on Indian stock exchanges on July 1 following its demerger...
Lloyds Metals Gets Green Light to Expand India’s Largest Iron Ore Mine to 55 MTPA
Lloyds Metals and Energy Ltd has received environmental clearance from the Ministry of Environment, Forest and Climate Change for the expansion of iron...
Asian Paints Acquires Full Ownership of White Teak for ₹188 Crore
Asian Paints Ltd, India’s leading paint manufacturer, has acquired the remaining 40% stake in Obgenix Software Pvt Ltd, which owns the premium lighting...
RINL’s Move to Outsource Key Operations Sparks Privatization Fears, Worker Protests
State-run steel manufacturer Rashtriya Ispat Nigam Limited (RINL) has invited tenders for managing and maintaining two of its vital production units the Sinter...
UltraTech Cement Adds 1.8 MTPA Capacity with New Maihar Mill, Total Now at 192 MTPA
Augmenting its colossal grey cement capacity, but almost 1.8 million tonnes per annum (MTPA) of its domestic grey cement brings to focus UltraTech...
Housing Sales Dip Below 1 Lakh Mark in Major Cities for First Time Since 2021: PropEquity
India’s residential real estate market is showing signs of a slowdown as housing sales across nine major cities are projected to fall by...
India’s Core Sector Growth Slows to 9-Month Low at 0.7% in May
It was first reported by the Commerce Ministry on Tuesday; that India’s eight core infrastructure sectors grew only by 0.7% in May, which...
Raymond Realty to Launch ₹14,000 Cr Projects in FY26; Stock Market Debut on July 1
In FY26, Raymond Realty is in the process of launching six new residential projects across the Mumbai Metropolitan Region (MMR) with a projected...
