New Delhi, April 9 (IANS) Ferrous players are likely to post strong fourth quarter (Q4) results as hot‑rolled coil and rebar prices rose sharply, driving realisations and offsetting higher coking coal costs, a report said on Thursday.The report from Emkay Global Financial Services said that “COAL is likely to report strong on-quarter EBITDA growth, among mining stocks, surging over 46 per cent or Rs 115 billion”. The growth is supported by higher e‑auction realisations and improved offta…
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New Delhi, March 13 (IANS) As global supply chains face recurring disruptions from geopolitical tensions and shifting trade routes, resilient infrastructure and logistics networks will be critical to sustaining economic growth, said Karan Adani, Managing Director (MD), Adani Ports and Special Economic Zone (APSEZ), and Director, Adani Cement, at the annual leadership summit of a media group here on Friday.He noted that the ongoing crisis in West Asia has highlighted the vulnerability of global t…
Washington, Feb 20 (IANS) President Donald Trump said he threatened to impose a 100 per cent tariff on French wine and champagne to force changes in global drug pricing, offering a vivid example of how he uses trade leverage to reshape international economic arrangements.Speaking at a steel plant in Rome, Georgia, Trump described phone calls with foreign leaders after announcing a policy to align US drug prices with the lowest rates paid elsewhere.He said American consumers were paying far more …
New Delhi, Jan 21 (IANS) NITI Aayog on Wednesday unveiled a roadmap for the decarbonisation of aluminium, cement, and MSME sectors in India as the nation goes in for a massive expansion of industry and infrastructure to achieve the Viksit Bharat Goal of $30 trillion.CEO NITI Aayog, B.V.R. Subrahmanyam, said: “About a year and a half ago, we established the Green Transition, Energy, Environment, and Climate Change division at NITI Aayog. Previously, NITI had no division focused on climate change …
Bhubaneswar, Jan 19 (IANS) Prime Minister Narendra Modi’s vision of ‘Viksit Bharat 2047’ places strong emphasis on infrastructure development, overall economic growth, and achieving net-zero emissions as key priorities, NALCO’s CMD Brijendra Pratap Singh said on Monday, adding that in alignment with this vision, “we are planning an expansion of 0.5 million tonnes and are also exploring the adoption of green power”.The chief of Aluminium major NALCO told IANS here that as part of thei…
New Delhi, Jan 9 (IANS) Commodities emerged as the best-performing asset class in India in 2025, outperforming equities, bonds and most traditional assets, a report showed on Friday.The report by Motilal Oswal Financial Services Ltd underscores that precious metals — particularly silver and gold — were the primary drivers of performance, supported by policy uncertainty, currency volatility, strong institutional participation, and persistent supply constraints.Domestic silver prices surged by…
New Delhi, Jan 3 (IANS) Industrial metals including copper, aluminium and nickel have surged sharply, due to tightening supply and robust demand. Aluminium climbed past $3,000 a tonne mark for the first time in over three years, while copper traded near all-time highs surging beyond $12,000 per tonne mark.Many household appliance manufacturers struggled to absorb higher input costs which affected household budgets with copper‑intensive goods such as air‑conditioners, kitchen appliances, bath…