Monday , 11 May 2026

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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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Budget 2026-27 Lifts Real Estate Sentiment with Infra Push and Risk Guarantee Fund

The Union Budget 2026-27 has brought renewed optimism to India’s real estate sector, with a strong push on infrastructure spending, affordable housing, asset...

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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...

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L&T Q3 FY26 Results: Profit Dips on One-Time Provision, Revenue and Orders Stay Strong

Larsen and Toubro reported a marginal decline in Q3 FY26 net profit due to a one-time labour code provision, even as revenue growth...

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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...