India considers incentives for lithium processing
"The critical minerals policy will be comprehensive and will cover all aspects from exploration to mining to value addition," one of the sources said. "It will also cover incentives for beneficiation and refining within the country," the source said.

Vizag Steel Plant employees’ plea to Gangavaram port workers to allow raw material transportation
Visakhapatnam: As many as 1,000 employees of Vizag Steel Plant here on Wednesday marched to the nearby Adani Gangavaram Port Ltd to plead with its agitating employees to allow raw material shipments.

Jindal eyes defence sector for specialised steel offering
New Delhi: The Jindal Group is exploring the defence material market with its offering of specialised steel for shipbuilding and missiles manufacturing. Jindal Steel & Power (JSP) on Thursday inked an MoU with the Indian Coast Guard (ICG) for enhancing indigenous content in shipbuilding, including supply of indigenous marine-grade steel, which is vital for the nation’s maritime security, the Ministry of Defence said.

Ashirwad Steels & Industries Q4 Results Live : profit rise by 64.75% YOY
Ashirwad Steels & Industries Q4 Results Live : Ashirwad Steels & Industries declared their Q4 results on 07 May, 2024. The topline decreased by 50.37% & the profit increased by 64.75% YoY.

Explained: 71% paid 10-20% more for hallmarked gold jewellery in last 1 yr
This could be due to jewellers levying additional charges or a lack of consumer knowledge about the true hallmarking cost.
 

Titan anticipates stronger gold jewellery demand in H2FY25
New Delhi : Rising gold prices and a series of other factors are set to challenge India's gold jewellery market in the first quarter of the current fiscal year. 

BPCL’s consolidated net profit drops 30% in Q4FY24
State-owned Bharat Petroleum on Thursday reported a 30.3% decline in its consolidated net profit for the last quarter of FY24, dropping to Rs 4,789.57 crore from Rs 6,870.47 crore in the same period the previous fiscal due to high crude oil prices impacting refining margins of the company. 

HPCL Q4: Profit down 25%
Hindustan Petroleum witnessed a 25% decline in its consolidated net profit for the last quarter of FY24, dropping to Rs 2,709.31 crore from Rs 3,608.32 crore in the same period the previous fiscal.

Gujarat State Petronet Q4 Results Live : profit rise by 27.34% YOY
Gujarat State Petronet Q4 Results Live : Gujarat State Petronet announced their Q4 results on 08 May, 2024, with a 6.26% increase in revenue and a 27.34% rise in profit year-over-year.

Hindustan Petroleum Corp. posts ₹16,015 crore PAT in FY24
HPCL reports 25% fall in Q4 net profit at Rs 2,709 crore
The Indian Express

NTPC achieves 20% torrefied biomass co-firing at Tanda power plant
New Delhi: State-owned power giant NTPC on Thursday said it has achieved 20 per cent torrefied biomass co-firing at Tanda thermal plant in Uttar Pradesh. The NTPC has established co-firing of 7-10 per cent non-torrefied biomass with coal at NTPC Dadri, a company statement said. However, it stated that to achieve higher percentages of biomass co-firing without major modifications, the possibility of using torrefied biomass was explored by Energy Transition and Policy Research Division of NTPC Engineering. According to the statement, the NTPC has achieved a new milestone by successfully demonstrating co-firing of 20 per cent torrefied biomass at its Unit-4 at Tanda (thermal plant) in Uttar Pradesh.

L&T to scale up power capacity of electrolysers to 4 MW
Mumbai: Larsen & Toubro (L&T) will scale up the power capacity of its electrolyser to 4 megawatts (MW) and is eyeing domestic orders in FY25-26. The company, in March, indigenously manufactured its first electrolyser of 1-MW power capacity at its green hydrogen plant at A M Naik Heavy Engineering Complex in Hazira, Gujarat. 

Tata Power Q4 Results Live : profit rise by 15.11% YOY
Tata Power Q4 Results Live : Tata Power declared their Q4 results on 08 May, 2024. The topline increased by 27.24% & the profit increased by 15.11% YoY.

ReNew signs 2.2 GW of PPAs, including 1 GW of FDRE
ReNew on Thursday said that it has signed five Power Purchase Agreements (PPAs) totalling around 2.2 gigawatts (GW) of Renewable Energy (RE) capacity expanding its fully contracted renewable energy portfolio Post the inking of PPAs, ReNew’s overall portfolio now stands at 15.6 GW. In addition, it has also received Letter of Awards (LoAs) for an additional around 5.8 GW of RE capacity.