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Asia shares rise on rate cut bets; RBA seen turning hawkishDemand will be tested at a $58 billion three-year note auction on Tuesday, which is followed by $42 billion in 10-year sales on Wednesday a...- Asia shares shaky, traders on guard as Japanese inflation tops forecastThe Federal Reserve's favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and...
- ASX 200 closes 0.5% higher; Australia shares gain as US infra bill raises recovery hopesThe benchmark S&P/ASX 200 closed 0.5 per cent higher at 7,308.0, but notched its first weekly loss in six as surging COVID-19 cases in the ...
- Australia shares end flat as oil prices weigh on energy stocksEnergy stocks slipped 1.4 per cent as oil prices slumped amid a surge in Covid-19 infections in India and other countries. Woodside Petrole...
- Strong commodities help Australia shares notch best week in sevenThe S&P/ASX 200 index gained 0.5 per cent to close at 6,842.2 points, clocking a gain of 1.7 per cent for the week.
- Tata Sponge may invest Rs 3,000 crore to set up steel manufacturing facilityEven though it will be sourcing iron ore from parent Tata Steel, Tata Sponge is on the lookout for acquiring iron ore and coal mines as and...
- Mining baron G Janardhan Reddy gets new life with film muftiThe film, Mufti, where top hero Shivrajkumar plays the role of Bhairati Ranagallu, modelled on Janardhan Reddy, has been released just six ...
- Why the biggest metals rally of the year may have further to runAluminum trades at $2,158 a metric ton in London, the highest in five years.
- Vedanta group may soon launch mega debt recast plan; refinancing will happen in phasesThis refinancing will happen in phases and is the largest in Indian corporate history after Tata Steel successfully refinanced $7 billion l...
- Strong rupee and stiff competition from China affect steel exportPrivately-owned Essar Steel is among several firms reporting dip in sales contribution from exports from 25% last year to 20% in the latest...
- Tough measures help Essar turn around troubled Algoma SteelToday, Algoma claims it is witnessing a turnaround. Essar has managed to bring the company back to profitability in the last two quarters.
- Steel imports under scanner, ministry to review situationThe Ministry already alerted the customs department to check the standards and match the quality certifications of the imports, as an immed...
- Adani's Dhamra Port has many hurdles to cross unlike Mundra Port, Dhamra faces connectivity issues, say expertsGautam Adani built Mundra Port, often described as the crown jewel of the Adani Group, in Gujarat in 1994. It went to become India's larges...
- Mining ban fallout: Goa port demands Rs 400 crore bailoutIron-ore exports account for 80% of Goa Port’s revenues and because of ban on exports the port is likely to post a Rs 130cr loss in 2012-13.
- Mining capacity expansion to take SAIL to next levelSteel Authority of India (SAIL) is putting the final touches on a Vision 2020 plan that will nearly double its hotmetal capacity.
- The courts should not try to run the countryIf segments of the judiciary feel free to blithely ignore the pronouncements of the highest bench of the Supreme Court, who should hold the...
- SAIL, NTPC, NMDC to set up 500-mw power plant in UPIndia’s largest power, steel and ironore mining companies are joining hands to set up a power project in Uttar Pradesh to meet the electric...
- Mining ban to squeeze volumes, margins of JSW SteelJSW Steel has lost over 10% of its enterprise value (the value of the company’s business) following the release of the Karnataka Lokayukta ...
- Karnataka most favourable domestic investment destinationKarnataka has emerged as most preferred destination with the highest share of 9.1 per cent in domestic investment plans in April-Sept 2010,...
- ArcelorMittal, Indiabulls to form JV for coal, iron ore miningThe move is aimed at owning captive mines for the two companies’ businesses. Indiabulls has power plants, while ArcelorMittal is the world’...
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