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DOMESTIC STEEL SECTOR GROWTH
Capacity augmentation, value-added applications critical for making India leader in stainless steel productionWith a growing domestic market and potential in sectors like green hydrogen and pharmaceuticals, India aims to be a manufacturing and innov...- Auto ancillary sector revenue grew 12.5% in FY26 on volume gains and improved product mix: ReportIndian auto ancillaries witnessed robust revenue growth of 12.5% in FY26, driven by strong volumes and a better product mix. While EBITDA a...
- PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...
- India initiates anti-dumping investigation into steel imports from China, Japan, RussiaIndia has launched an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia. JSW Steel and Jindal Steel al...
- India well-poised for rapid growth despite risks from West Asia war and El Nino: ITCDespite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This ...
- Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRIA potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer ma...
- Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
- Domestic SIPs power India's market resilience amidst FPI outflows: HDFC SecuritiesIndia is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-...
- Commodity correction offers buying opportunity; defence, banking remain long-term bets: Dharmesh KantMarket expert Dharmesh Kant sees commodity corrections as buying opportunities, with the broader cycle intact due to global demand and Indi...
- Stainless steel sector MSMEs flag import surge, urges govt to reintroduce quality control orderIndian stainless steel MSMEs are urging the government to reinstate a quality control order after its suspension led to a surge in cheap Ch...
- Industry must adopt emerging tech to boost productivity, remain competitive: Steel MinisterUnion Steel Minister HD Kumaraswamy has urged the Indian steel industry to embrace emerging technologies like AI and IoT to boost global co...
- Metal companies' hot run comes to an end as West Asia cools offMetal stocks experienced a significant downturn Tuesday, with the Nifty Metal index dropping 3.2% as falling commodity prices, domestic eco...
- Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...
- Core sector output slows to seven-month low of 0.5% in MayIndia's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...
- India's core sector output slows to 0.5% in May as against 1.8% in AprilIndia's core industrial output saw a significant slowdown in May 2026, registering a mere 0.5% growth compared to the previous year, a dip ...
- Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...
- Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimis...
- India poised to drive next wave of global steel demand, says Lakshmi MittalIndia is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urban growth, and energy transition in...
- Vedanta Iron and Steel aims to become major resource-backed integrated steel platformVedanta Iron And Steel Ltd, newly listed, plans to be a leading integrated steel producer. The company will leverage its vast iron ore rese...
- India's steel capacity utilisation to stay above 90% on strong demand: KotakIndia's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipp...
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