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STEEL PRODUCTION COSTS INCREASE
Dabur, Godrej say demand holds firm despite cost pressuresIndian consumer goods giants Dabur and Godrej Consumer Products reported resilient demand in early fiscal 2027, defying geopolitical worrie...
Assam tea industry seeks Green Leaf Cess relief, hails ATISIS supportThe Tea Association of India lauded the Assam government's incentive scheme for boosting Orthodox tea production and exports, which saw sig...
JSW Steel starts work on Rs 16,350 crore Andhra Pradesh steel projectJSW Steel has initiated construction on a significant 2 million tonne steel plant in Andhra Pradesh, a project valued at over Rs 16,350 cro...
EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government supportIndian MSMEs are struggling with the EU's Carbon Border Adjustment Mechanism, facing compliance hurdles due to a lack of financial and tech...
Andhra Pradesh CM Chandrababu Naidu launches JSW's Rs 16,350 crore steel plant in KadapaAndhra Pradesh Chief Minister N. Chandrababu Naidu has inaugurated the construction of the JSW Rayalaseema Integrated Steel Plant in Kadapa...
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Ved...
Tata Steel in talks with Dutch govt for Netherlands project amid tightened emission normsTata Steel is in talks with the Dutch government to navigate its transition project in the Netherlands, aiming to meet stringent emission n...
Vedanta Aluminium shares jump over 3% as Emkay starts coverage with Buy call. 3 reasons whyVedanta Aluminium shares surged after Emkay initiated coverage with a 'Buy' rating and a Rs 550 target, citing strong medium-term prospects...
Nifty Realty gains 6%: Is this the start of a new up-cycle? Equirus Cap's Vijay Agrawal answersIndia's real estate sector is experiencing a robust turnaround, driven by a shift to organized developers, increased project launches, and ...
India's manufacturing growth slows in Q1 as West Asia conflict weighs: FICCIIndia's manufacturing sector anticipates a slower growth phase in the April-June quarter of FY27, influenced by the West Asia conflict. Whi...
India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCIIndian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moder...
Stainless steel industry seeks end to QCO relief from July 1India's stainless steel makers are urging the government to reinstate strict quality control norms from July 1, warning that a temporary re...
EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
Vedanta Iron & Steel shares extend winning streak, surge 10%; stock up 70% since listingVedanta Iron & Steel shares jumped, extending an 11-day winning streak and taking total gains to over 70% since listing earlier this month....
VMS TMT board clears AUSL merger with companyVMS TMT has announced its board has approved the merger with TMT bars maker Aditya Ultra Steel Ltd (AUSL). This strategic amalgamation aims...
Organised dairy sector expected to grow by 200-400 bps in FY27: CrisilIndia's organized dairy sector is poised for accelerated revenue growth of 200-400 basis points this fiscal, driven by consistent volume in...
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...
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilientSummer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages,...
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...
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...