Top Indian Metal & Energy Industry News & Updates - 06 May 2023,Saturday

Govt. Policy / Industry

📝  67 first mile connectivity projects likely to complete by 2027: Coal Ministry
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Iron & Steel

📝  Steel trade dips on expectations of price cuts
📝  India’s steel exports rise 13 per cent in April
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Gold / Silver & Bullion

📝  Gold falls Rs 160; silver climbs Rs 650
📝  Why Indians are spending less on Gold jewellery while Chinese are splurging
📝  High prices lead to gold demand falling 17% in Jan-March quarter
📝  India gold demand down 17% in March quarter
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Other Metals

📝  Hindustan Zinc eyes a return to net surplus position this year
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Oil & Gas / OMCs

📝  ACME, IGL sign MoU to jointly supply green hydrogen and set up infra
📝  Esmito joins hands with ElectricFuel
📝  Unknown Indian company shipping millions of barrels of Russian oil
📝  Carbon trading important for promoting green hydrogen: BEE
📝  ONGC appoints Manish Patil as director of human resources
📝  ONGC to start oil production in KG basin by June
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Coal / Mining

📝  Coal to dominate India power mix despite record renewables push
📝  Mining all set to resume in Meghalaya after nine years
📝  Coal ministry aims to complete 67 FMC projects by 2027
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Power

📝  Adani Power Q4 PAT rises to ₹5,242 crore
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Renewable Energy

📝  SJVN bags 100 MW solar power project in Rajasthan
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Nuclear Energy

📝  India's nuclear power industry may be opened to foreign investments
📝  Ban on FDI in nuclear power projects may come to an end
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International

📝  Copper set for third straight weekly loss on demand concerns
📝  Iron ore reaches new five-month low on renewed US bank crisis worries, weak fundamentals
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Economy

📝  India's forex reserves rise $4.53 billion to $588.78 billion
📝  Markets fall in early trade amid weak trend in U.S. equities
📝  Sensex, Nifty fall over 1% on selling in HDFC twins
📝  Govt debunks reports, says India, Russia rupee trade talks on
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