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NMDC IRON ORE PRICE CUT
- NMDC cuts iron ore prices from August 8NMDC has cut its iron ore prices effective August 8, 2026. Lump ore (65.5%) is now priced at Rs 5,250 per tonne, down from Rs 5,450 in July...
Peace killed a boomtown: How the end of World War I turned one of Australia's biggest copper settlements into a ghost townKuridala was once a thriving Queensland mining town, which prospered greatly during World War I. Copper became a strategic metal, driving s...- LIC Q1 profit surges 23% on growth in value of new businessLife Insurance Corporation of India reported a twenty-three percent net profit rise. Value of new business jumped sixty-one percent, boosti...
- Coal India Ltd preferred bidder for Odisha iron ore blockCoal India Limited has become the preferred bidder for Odisha's Gadadharpur iron ore block. The state-owned miner will diversify operations...
- Coal India enters iron ore mining after Odisha block winCoal India secured the Gadadharpur iron ore block in Odisha. This acquisition marks the state-run miner's entry into iron ore mining. India...
- Billionaire Anil Agarwal’s Vedanta unit seeks mega $1.4 billion loan after business splitVedanta Aluminium Metal Ltd. is raising 135 billion rupees from three major banks. Axis Bank, HDFC Bank, and ICICI Bank are providing the s...
- Austria hits record temperature, Hungary curbs power use as Europe feels the heatAustria recorded its highest temperature ever as a severe heatwave grips Europe. Hungarians reduced power use to ease grid pressure amid a ...
- Jefferies gets new evidence of fake invoices at beleaguered fund tied to iron ore traderThe discovery of fake invoices related to Sapphire Minmetals by Jefferies Financial Group has intensified scrutiny over the financial repor...
- In 1948 US industrialist Henry J Kaise founded a town for about 4,000 people in California. Then it emptied almost overnight but still stands frozen in timeEagle Mountain was a company town built for a large iron mine in California's desert. The town housed thousands of residents and provided a...
- India extends anti-dumping duty on select chemicals, metal goods; imposes on oneIndia has extended anti-dumping duties on four products, including chemicals and steel goods. New duties were imposed on metallurgical coke...
- Value addition key for Tata Steel as prices fall and costs increaseTata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and co...
- Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...
- How an iron ore empire began to raise doubtsMajor commodity traders are cutting ties with Radiant World amid concerns, which suggest the company provided falsified documents to banks ...
- Tata Steel can unlock a lot of value with less capital downstream: CEO & MD T V NarendranTata Steel executives emphasize value-added products over mere production capacity. Changing market dynamics necessitate a focus on downstr...
- Global Market: China's factory activity contracts unexpectedly in July; metal, commodity stocks may stay under pressureChina's manufacturing activity unexpectedly slipped into contraction during July. The official manufacturing Purchasing Managers' Index fel...
- It’s cool, calm, collecting: Why data centres won’t cripple consumer availability of water and powerGlobal tech giants are investing billions in Indian data centers for digital sovereignty. These facilities are essential for India's nation...
- Vedanta Iron and Steel reports Rs 122 crore net profit in Q1Vedanta Iron and Steel Ltd posted a Rs 122 crore net profit for the June quarter. This marks a significant turnaround from the Rs 142 crore...
- Odisha tightens iron ore grade checks after alleged royalty underreporting: ReportOdisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners al...
- Cabinet approves Rs 1,264 crore Ballari-Guntakal railway project linking Andhra Pradesh and KarnatakaThe Union Cabinet has approved a Rs 1,264 crore railway infrastructure project to construct the third and fourth rail lines between Ballari...
- Iron ore, cement, power output propels June core growth to 5%India's core sector output grew five percent year-on-year in June. This growth accelerated from May's 3.2 percent, reaching a five-month hi...
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