Indian economy
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
SAIL Hikes FY26 Capex to ₹7,500 Cr to Fast-Track Expansion Towards 2030 Goal
In line with accelerating its steel production capacity to 35 million tonnes per annum (MTPA) by 2030, SAIL raises its capital expenditure allocation...
Asian Paints Braces for Sluggish Growth Amid Weak Demand, Monsoon Impact
Asian Paints, India’s largest paint manufacturer, has cautioned about muted near-term growth due to subdued demand and challenging market conditions. CEO Amit Syngle,...
JSW Steel Acquires Odisha-Based Saffron Resources for ₹679 Crore in Expansion Push
JSW Steel Ltd has acquired a 100% equity stake in Saffron Resources Pvt Ltd for ₹679.34 crore, which the company intends to use...
JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats
For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...
Cement Stocks Hit 52-Week Highs Amid Strong Sector Outlook Despite Market Weakness
Shares of top cement companies, including UltraTech, Ramco, Dalmia Bharat, and JK Lakshmi Cement, surged to 52-week highs on Wednesday, bucking the broader...
June GST Collection at ₹1.85 Lakh Cr, Marks 6.2% YoY Growth Amid Export Refund Surge
As the Finance Ministry informs, the gross GST collections in India in June 2025 came to about ₹1.85 lakh crore, showing a growth...
Nuvoco Vistas Acquires Vadraj Cement for ₹1,800 Cr, Expands Capacity by 20%
Nuvoco Vistas Corp, the cement arm of the Nirma Group, has completed the ₹1,800 crore acquisition of Vadraj Cement, a debt-laden Gujarat-based company...
RINL to Restart Third Blast Furnace by June-End, Boosting Steel Output
State-owned steel producer Rashtriya Ispat Nigam Limited (RINL) will restart its third blast furnace (BF) by the end of June, a crucial phase...
ArcelorMittal Nippon Steel Shifts Focus to Andhra Pradesh as Odisha Project Stalls
Steel behemoth ArcelorMittal Nippon Steel India (AMNS India) is gaining momentum to set up a ₹55,964-crore greenfield steel plant in Andhra Pradesh, while...
