Top Indian Metal & Energy Industry News & Updates - 28 April 2023,Friday

Govt. Policy / Industry

📝  Govt not keen on imposing higher import duty on steel
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Iron & Steel

📝  Tata Steel signs business cooperation agreement with A&B Global Mining
📝  Tata Steel inks business cooperation agreement with MN Dastur & Co
📝  Sathavahana Ispat merges with Jindal SAW
📝  JTL Industries net profit doubles to ₹36.65 crore in Q4 FY23
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Gold / Silver & Bullion

📝  Gold climbs Rs 520; silver jumps Rs 440
📝  ‘Eased norms for gold imports from UAE; no jeweller favoured’: DGFT
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Other Metals

📝  Hindustan Zinc turns into a net debt firm for first time in 20 years
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Oil & Gas / OMCs

📝  Himachal govt, Oil India sign MoU to harness renewable energy sources
📝  CPCL profit zooms to ₹3,534 crore in FY23
📝  Oil slips below $78, but reduction in domestic pump prices unlikely soon
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Coal / Mining

📝  Trials for Coal India's in-house e-auction platform to begin in May
📝  Power plants use rail-sea-rail route to source coal
📝  Gautam Adani’s elder brother resigns from 3 firms related to Adani's Australian Coal Mine
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Power

📝  Statkraft group firms move Himachal Pradesh high court against water usage cess
📝  Torrent Power incorporates 2 wholly-owned subsidiaries
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Renewable Energy

📝  NTPC Renewable Energy bags 500 MW project from REMCL
📝  Solar module maker Navitas Green Solutions raises $5 million
📝  Redington ties up with SBI for provision of solar loans of up to Rs 5 crore
📝  NTPC arm gets 500 MW renewable energy project from REMCL
📝  Vibrant Energy appoints Anirban Das as chief investment officer
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International

📝  SGX iron ore dips on China demand uncertainty, Dalian benchmark rebounds
📝  Copper eases on tepid China demand, interest rate worries
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Economy

📝  Rupee looks to sustain upside momentum aided by dollar inflows
📝  Rupee falls 10 paise to close at 81.84 against US dollar
📝  Stock markets settle with gains; logs 4th day of rally
📝  India jumps six places to rank 38 out of 139 in Logistics Performance Index 2023
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