Saturday , 21 March 2026

Mining

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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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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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India–Europe Free Trade Agreement Signals New Phase for Steel and Low-Carbon Growth

The India–EU Free Trade Agreement is expected to strengthen steel trade, expand economic engagement and accelerate cooperation in low-carbon steel, offering fresh momentum...

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UltraTech Cement Q3 FY26 Profit Rises 27%, Beats Street Estimates

UltraTech Cement reported a strong Q3 FY26 performance with a 27% year-on-year rise in net profit to Rs 1,729 crore, driven by higher...

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Ashok Leyland bets on construction, mining and e-commerce to drive commercial vehicle growth in 2026

Ashok Leyland expects strong demand for commercial vehicles in 2026, driven by construction, mining and the rapid expansion of e-commerce logistics into tier...

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Andhra Pradesh to Lay Foundation Stone for AMNS Steel Plant After February 15

Andhra Pradesh Chief Minister N Chandrababu Naidu said the foundation stone for the ArcelorMittal Nippon Steel plant in Anakapalli will be laid after...