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SEHUL BHATT
The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- Rs 3 a litre fuel price hike cuts losses by 25 per cent; daily loss drops to Rs 750 croreIn a noteworthy shift, Indian oil corporations have curtailed daily losses by almost 25% thanks to a Rs 3 per litre increase in petrol and ...
- India unlikely to see petrol, diesel price hike despite global oil prices spiking to $80Global oil prices have jumped significantly following attacks and retaliatory strikes in the Middle East. However, Indian consumers are unl...
- 126% jolt: US duty clouds India's solar exports biz
- Safeguard measures to cut India's steel imports by 50% in FY26: ExpertsIndia's steel imports could halve by FY26, as the government considers a 12% provisional safeguard duty on some steel products. This measur...
- India braces for big impact as Trump’s steel tariffs threaten to worsen glut of metal in AsiaIndia and Vietnam, fast-growing Asian steel producers, may suffer if President Trump enforces 25% tariffs on all US steel imports from Marc...
- High local cell prices may impact tariffs of solar projects: CrisilCrisil Market Intelligence & Analytics reports that high domestic solar cell prices, 1.5-2 times higher than Chinese alternatives, could in...
- Domestic steel companies struggle to clear Rs 89,000 crore inventory as imports persistIndian steelmakers face an inventory build-up despite increased local consumption due to rising imports. Imports surged by 41% in the first...
- India’s world-beating GDP growth can’t sustain over time unless FM Sitharaman fixes this in the Union BudgetBudget 2024 and Private Investment | Private consumption and investment are key concerns for Finance Minister Nirmala Sitharaman ahead of t...
- Viability gap funding set to boost offshore wind energy space: CrisilThe government's outlay, announced on June 19, includes Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind ener...
- Birla Group cements lead, Adani plans taking shapeAccording to industry observers, the competition for leadership in the cement sector is expected to escalate following the Adani group's an...
- Pricey ore, tepid local demand, Chinese imports weigh on steelmakers' marginsThis is the third time in the past decade that local producers are confronting such a situation. "The government has in the past imposed du...
- India only nation among top 5 to see growth in steel productionIndia is the only top five steel producing nation to see growth in production in April, while China, Japan, and the United States experienc...
- Cement industry to add 150-160 million tonnes capacity by FY28: ReportThe Indian cement industry is set to add 150-160 million tonnes of capacity from fiscal year 2025 to fiscal year 2028, as it aims to meet r...
- India's steel import to be elevated at 6MT in FY24 on strong demand: CrisilGlobal steel demand, which has been subdued since the onset of the Russia-Ukraine conflict, is expected to grow 1.6 per cent in 2023, after...
- India Inc's topline growth in Q4FY23 to halve to 10-12%: ReportThe continuing headwinds to exports which have had an impact on volume growth, and the high-base were cited as the main reasons which will ...
- Operating margins seen contracting by 270 bps to 18-19% in Q3: CrisilAccording to Sehul Bhatt, an associate director at the agency, operating margins in the automobile, metals and construction sub-sectors, wh...
- Q1 earnings: Crisil says India Inc staring at 3rd consecutive quarter of profit margins squeezeThe rating agency estimates come ahead of earnings for the June quarter by a majority of companies, which come amid adverse events like the...
- Corporate profitability set to fall in Q4: ReportOperating profit margins for companies are set to fall by as much as 3 percentage points compared to the year-ago period, and up to 0.60 pe...
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