Indian economy
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...
Govt May Double Safeguard Duty on Steel to 24% Amid China Dumping Fears
The government is mulling a doubling of the safeguard duty on steel imports from the existing 12% to up to 24%, aimed at...
GST Collections Cross ₹2 Lakh Crore in May, Increase 16.4% YoY
India’s Goods and Services Tax (GST) collection crossed an all-time high of ₹2.01 lakh crore during May 2025 at 16.4% year-on-year growth, according...
Trump’s 50% Steel Tariff May Not Hit India Directly, but Global Trade Sentiment at Risk
Former US President Donald Trump has announced a sharp hike in import tariffs on steel and aluminium, doubling them to 50% starting June...
