India Economy
Cement Sector Eyes Up to 80% Profit Surge in June Quarter on Price Gains
Still, in the cement sector, sources believe that cement firms will register higher net profits (30% to 80%) for the April-June quarter of...
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...
JCB Hails Landmark UK–India Free Trade Agreement as Gateway to Major Business Growth
UK digger manufacturer JCB has welcomed warmly the news of the UK–India Free Trade Agreement (FTA), calling it a landmark moment in trade...
Mining Industry Sees Cess Hike to Support Public Programs
The state government of Jharkhand has approved a hike in cess on coal and iron ore to Finance its social security schemes. The decision,...
Tamil Nadu’s Household Consumption Sees Significant Growth in 2023-24
Tamil Nadu has seen an increase in household consumption in FY24 with rural and urban sectors growing. Kerala’s average monthly per capita consumption expenditure...
Minister Thangam Thennarasu Urges GST Exemption on Commercial Rents to Ease Business Burden
Tamil Nadu Finance Minister Thangam Thennarasu recently emphasized the need for GST exemption on commercial rents during the 55th Goods and Services Tax...
Steel Sector Outlook Positive: JPMorgan Sees Surge in Demand Post-Elections and Monsoon
Steel stocks were in the spotlight on December 11, following a positive outlook from global brokerage JPMorgan. The brokerage highlighted that although overall...
China Ends Aluminium, Copper Export Subsidies: Impact on India’s Market and Prices
China’s recent decision to terminate export subsidies for aluminium and copper has sent shockwaves across global metals markets. Aluminium prices on the London...
Steel Industry at the Forefront of India’s Transformation: Union Minister HD Kumaraswamy
Union Minister for Steel and Industries, HD Kumaraswamy, underscored the pivotal role of steel in driving India’s development at the National Metallurgist Awards....
