India's critical and strategic mineral auctions face three-month delay
 

MCX-Copper: Corrective fall is possible. Wait for dips to go long
Copper price has surged last week. We had expected a rise to ₹780 per kg and an extended rise to ₹800-810 in this column last week. As it turned out, the Copper futures contract on the Multi Commodity Exchange touched a high of ₹804 per kg and has come down from there. It is currently trading at ₹800 per kg.

Titan, Kalyan Jewellers' Q4 business updates point to bright prospects
Titan said revenues grew 17 per cent on the back of 19 per cent growth in domestic jewellery with 7 per cent growth in Helios (Watches & Wearables or W&W) and the international portfolio, although eye care revenues declined 1 per cent on a year on year (Y-o-Y) basis. Titan also said emerging business grew 24 per cent with 37 per cent growth in Taneira and 12 per cent in Fashion & Fragrances. CaratLane grew 30 per cent Y-o-Y.

Demand from central bank propels safe-haven gold to new record peak

Gold prices hit on Monday a record high for a seventh straight session, fuelled by central bank purchases and geopolitical tensions, while strong economic data failed to dull bullion's allure.
 

ACME Group partners with Hydrogenious for large-scale hydrogen supply chain study
New Delhi: ACME Group on Monday said that it signed a memorandum of understanding (MoU) with Germany’s Hydrogenious LOHC Technologies to collaborate on a feasibility study to explore joint development of large-scale hydrogen supply chains. The supply chains, from ACME’s projects in Oman to supply hubs in Europe, will utilise the Liquid Organic Hydrogen Carriers (LOHC) technology. Both parties also intend to extend the partnership to evaluate the hydrogen value chain from the US to Europe.

India's fuel demand hits new FY record, up about 5%
India's fuel consumption fell 0.6% year-on-year in March, but demand for the 2024 financial year was up about 5%, primarily driven by higher automotive fuel and naphtha sales.

NTPC aims to add 5 GW capacity in FY25
State-run NTPC Ltd, the country’s largest integrated power utility, aims to add 5 gigawatt (GW) of installed capacity in the financial year 2024-25, the company said on Monday. Of this, the company plans to install 3 GW of renewable energy capacity and remaining 2 GW of thermal power capacity. By 2032, the company plans to have a cumulative installed capacity of 130 GW.

Delhi Discoms gear up for summers as peak power demand likely to hit record 8,200 MW
New Delhi: Power distribution companies (Discoms) in Delhi are gearing up for summer as the peak power demand in the National Capital Territory (NCT) is projected to hit a record 8,000-8,200 megawatts (MW).

ACME Group partners with Hydrogenious to unlock hydrogen transport from Oman to Europe
New Delhi: ACME Group, a leader in renewable energy, has signed a Memorandum of Understanding (MoU) with Hydrogenious LOHC Technologies of Germany to explore creating a large-scale hydrogen supply chain from Oman to Europe, the companies said.