Market Updates
Safeguard Duty on Steel Imports May Halt Construction Equipment Industry, Warns ICEMA
The Indian Construction Equipment Manufacturers Association (ICEMA) has sounded a warning over a proposed 12% safeguard duty on steel imports, stating that it...
India Slaps 12% Safeguard Duty on Steel Imports Amid Surge, Industry Concerns
In a move aimed at curbing a surge in steel imports that threaten domestic producers, the Indian government has imposed a 12% safeguard...
JSW Steel Shares Surge After NGT Clears Dolvi Plant Non-Compliance Case
JSW Steel shares surged 3.6% on Monday following the National Green Tribunal (NGT) rejection to hear a case against JSW Steel’s Dolvi Plant...
Luxury Housing Sales Surge 28% in Top Indian Cities in Q1 2025; Chennai Records 132% Jump
India’s high-end housing sector recorded a robust performance in Q1 2025 with sales increasing close to 28% year-on-year in the top seven cities,...
Tata Steel Q4 Profit Likely to Jump 34.6% YoY to ₹1,060 Cr: PL Capital
Tata Steel is likely to log a 34.6% year-on-year increase in consolidated net profit during the fourth quarter of FY25 at ₹1,060 crore,...
Construction Costs Surge Across Tamil Nadu as Material Prices Double and Labour Shortages Bite
Home construction costs are soaring across Tamil Nadu, with M-sand prices doubling over the past year and widespread material price hikes squeezing developers....
Home Prices in Top 9 Cities Rise 9% in FY25: PropEquity Report
India’s average home prices in the top nine cities for FY 2024 to 2025 increased 9% year on year, to an average of...
JSW Paints, Indigo Paints Emerge as Front-Runners in Akzo Nobel India Buyout Race
JSW Paints and Indigo Paints have emerged as the top contenders to acquire Akzo Nobel’s India business, following a strategic meeting last week...
India Mulls 20% Safeguard Duty to Counter Chinese Steel Dumping Amid US Tariff Surge
As the U.S. ramps up its trade war with China by slapping a massive 125% tariff on Chinese imports, India is now considering...
India a Net Steel Importer for Second Year in FY25 as Imports Rise, Exports Fall
India A Net Steel Importer For Second Year In FY25 as Imports Rise, Exports Fall India stayed a net importer of steel for...
