Market Updates
India Offers Duty-Free US Imports on Chosen US Goods as it Pushes for Trade Deal
India has proposed phasing out tariffs on chosen US imports such as steel, automobile parts, and pharmaceuticals up to a specified quantity every...
UltraTech Cement Poised to Outperform Dalmia Bharat, Say Analysts; Strong FY25 Results Back Bullish Outlook
UltraTech Cement is expected to outperform its peer Dalmia Bharat in both the short and long term, according to analysts at JM Financial,...
Hyderabad Real Estate Stumbles: Sharpest Sales Drop Among Top Cities
Hyderabad’s once-booming real estate market is now grappling with a sharp downturn, recording the steepest decline in property sales among India’s major cities....
Jindal (India) Enters Steel Section Pipes & Tubes Segment with ₹100 Crore Investment
Jindal (India) Ltd., a leading downstream steel products company and member of BC Jindal Group, has ventured into the steel section pipes and...
Odisha Unveils Steel Expansion Plan: Eyes 130 MT Output, 70% Iron Ore Share by 2030
Odisha Chief Minister Mohan Charan Majhi has presented a grand vision to make the state India’s steel hub with a huge capacity increase...
UltraTech Cement Aims at ₹10,000 Cr FY26 Capex, Achieve 212 MT Capacity by FY27
UltraTech Cement is lining up FY26 capex of ₹9,000–10,000 crore, sharply focusing on scaling up operations as well as driving efficiency, said the...
Engineers, Builders Protest Sharp Hike in M-sand, Gravel, and Cement Prices Across Tamil Nadu
Civil engineers and contractors in Tamil Nadu have strongly protested the steep increase in prices of major construction materials M-sand, gravel, and cement....
UltraTech Cement Q4 Net Profit Goes Up to ₹2,474.79 Crore on Rising Sales Volumes
UltraTech Cement Ltd, India’s biggest cement manufacturer, reported a consolidated net profit of ₹2,474.79 crore for Q4 ended March, up from ₹2,258.58 crore...
TN Stone Quarry Owners Reduce M-Sand, P-Sand Prices by ₹1,000 per Tonne
In a big relief to the construction industry, the Tamil Nadu Stone Quarries, Crusher Units and Lorry Owners Association has consented to reduce...
India Pushes for Overseas Raw Material Acquisitions to Boost Steelmaking Capacity
India is actively seeking Indian companies to acquire raw material assets overseas, in an attempt to integrate India’s steel supply chain as it...
