Vedanta's Rs 1 lakh cr projects to be reviewed every fortnight to ensure timely completion: Odisha CM MajhiOdisha Chief Minister Mohan Charan Majhi announced that Vedanta's proposed projects, valued over Rs 1 lakh crore, will undergo fortnightly ...
Private banks favoured over PSUs as macro headwinds cloud near-term outlook: Digant HariaMarket expert Digant Haria notes strong corporate earnings but rising macroeconomic uncertainty. Private sector banks appear better positio...
Aluminium prices near record high: What’s driving the rally?Aluminium prices are trading near multi-year highs due to persistent structural supply tightness, not temporary factors. Stricter environme...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Can Brazil become a major rare earths supplier?Brazil sits atop a potential bonanza of rare earths that has sparked global interest, led by Washington, as demand surges for the increasin...
S&P upgrades Vedanta Resources rating on stronger finances, demergerThe rating upgrade reflects the company's strengthening financial operations, improving cost structures, proactive refinancing and continue...
Nalco's alumina exports to West Asia affected due to geopolitical tensions, says CMDGeopolitical tensions in West Asia have impacted National Aluminium Company Ltd's (Nalco) exports, which previously accounted for 40-50% of...
The ancient miracle tree that filters your tap water better than any man-made system ever couldNew research published in ACS Omega reveals that Moringa oleifera seeds can remove over 98 percent of harmful microplastics, including dang...
Vedanta demerger done. Should investors buy or sell the stock now?Vedanta shares adjusted sharply post demerger, reflecting exclusion of four business units. While strong Q4 earnings and broker targets ind...
Indian truckers fret as looming diesel hikes spur panic-buyingSoutheast India is experiencing significant fuel challenges, with motorists waiting in long lines as petrol and diesel become increasingly ...
Indian recyclers seek removal of import tax on aluminium scrap, letter showsSmall and medium recycling firms are urging the PMO to scrap the 2.5% import tax on aluminium scrap due to rising costs and tight global su...
Aluminium and copper to stay elevated, steel risky: CLSA's top metals and cement calls for FY27Base metals like aluminium and copper present significant opportunities, according to CLSA India's Indrajit Agarwal. Steel faces near-term ...
GMDC shares rocket 18% to new 52-week high. What’s triggering the sharp surge?Gujarat Mineral Development Corporation (GMDC) share price surged 18% to a new 52-week high of Rs 736, driven by robust trading volumes exc...
Budget 2023-24: FIMI seeks withdrawal of export duty on bauxiteMiners' body FIMI has sought withdrawal of export duty on bauxite, stating that the move will lead to optimum utilisation of low-grade mine...
Andhra Pradesh scraps permit to mine bauxite in eastern ghatsCompanies like Nalco and Hindalco mine bauxite in Odisha, while Andhra doesn’t tap the mineral.
- Budget 2013: Impose export duty on bauxite, recommends FICCI
FICCI is rooting for introducing export duty on bauxite in Budget 2013 with an aim of strengthening the value addition within India.
The politics of bauxite mining: Environmental hurdles cut short India's aluminium storyIt is ridiculous not to utilise huge bauxite deposits in the name of environment and indigenous tribals.