Domestic demand, European turnaround keep Street positive on Tata Steel
Tata Steel’s European operations may be improving though global headwinds could make things difficult for the steel industry. At a recent investor call, the company announced a major reorganisation of its Netherlands operations (Tata Steel Netherlands) targeting cost savings to the tune of €500 million for 2025-26 (FY26) and incremental savings of €50-60 million in 2026-27 (FY27).

India’s iron ore exports to China plummet in FY25, realisations down

Hindalco, Tata Steel, Vedanta rally: Why are metal stocks up as much as 5% today?
Metal stocks stole the spotlight in today’s trading session, glinting with strong gains. From Tata Steel and Hindalco to Vedanta and Lloyds Metals, the entire pack was on fire, lifting the Nifty Metal index by nearly 5%.

Gold skyrockets Rs 6,250 to breach Rs 96,000 level as US-China trade war intensifies
Gold prices surged by Rs 6,250 to hit a record high of Rs 96,450 per 10 grams in the national capital on Friday due to heavy demand from local jewellers and retailers, according to the All India Sarafa Association.

Kannur-based Vinsmera Group to invest ₹2,000 crore in gold retail biz
 

Fuel price hike, cold storage crunch hit Karnataka’s horticulture sector hard
With most cold storages and nearly 80% of refrigerated trucks running on diesel, farmers say that the price rise will increase operational expenses by at least 15-20%, making it costlier to store and move crops like grapes, mangoes, tomatoes, and flowers, which Karnataka exports in large volumes.

India's new oilfield regulation to help attract investors, says BP CEO
India's upstream oil and gas policy overhaul through a new legislation has made several improvements important for foreign investors that can help attract global players, global energy giant BP's CEO said.

Gulf Oil targets ₹500 cr EV charger biz, eyes global markets
 

IIT-Madras start-up Plugzmart’s EV fast charger gets ARAI certification
 

NHEV secures land for 3G EV charging station on Kanyakumari–Madurai corridor
 

OPEC output hikes and trade wars have US oil producers wary of 'drill baby drill'
US President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting output and jobs due to a double whammy of higher crude output from OPEC and on-again, off-again tariffs that have dented demand.

India’s power demand to grow at 6.5-7.5% in Q1 FY26
 

India adds record 29.52 GW of renewable energy capacity in 2024-25
 

Rupee surges 64 paise vs US dollar, best since February
The rupee jumped 64 paise or 0.74% to close at 86.0537 against the US dollar on Friday, recording its biggest gain in two months, tracking gains in major Asian currencies as the dollar index fell to a nearly two-year low. The local currency was also supported by a strong gain in the equity market. The rupee had gained 65 paise on February 11. However, on the weekly basis, the rupee has weakened by 0.9%.

‘Win-win’ trade deal with US likely soon
The planned bilateral trade agreement (BTA) between India and the US might take a “win-win shape and form,” before the 90-day window created by the pause on full reciprocal tariffs, a senior government functionary said on Friday.

February IIP growth eases to 2.9% on slowdown in manufacturing, mining
India’s industrial production growth, measured by the Index of Industrial Production (IIP), dropped to 2.9 per cent in the month of February from 5 per cent in January, official data released by the Ministry of Statistics and Programme Implementation (MoSPI) showed on Friday. The slowdown reflected a broad-based moderation across key sectors. January growth was at an eight-month high driven by an uptick in the critical manufacturing sector. 

Fabulous Friday: Nifty closes at 22,800, Sensex up 1,300 points; Metals, Pharma, Auto shine
Dalal Street wrapped up the day on a high note, with benchmark indices flashing gains in today’s session. The Sensex jumped 1310.11 points or 1.77% to settle at 75,157.26, while the Nifty closed firmly in green at 22,828.55, rising 429.40points or 1.92%.