MMDR Bill proposes mine expansion, relief on critical mineral charges
 

Safeguard duty turns the tide: India back to net steel exporter after two years, imports see 40 per cent drop
New Delhi: Reversing a two-year trend, banking on protectionist measures including imposition of safeguard duty and improved quality control, India turned net exporter of steel for April-July period (4MFY26) of this fiscal. Exports at 1.70 million tonnes (MT) exceeded imports of the metal that stood at 1.67 MT, or by 0.03 MT, as per a Steel Ministry report accessed by businessline.

AM/NS India, JSW Steel part of global consortium to study carbon capture hubs

Trump’s 50 per cent tariff threat puts India’s gem and jewellery exports at risk: GJEPC chief Kirit Bhansali

Mumbai: The announcement of a sweeping 50% tariff on all Indian goods by the United States is a deeply concerning development and blanket tariff of this magnitude is severely devastating for the sector, Kirit Bhansali, Chairman of Gem & Jewellery Export Promotion Council (GJEPC) said on Monday. 

US tariff hike likely to hit Rajasthan's gems and jewellery sector
 

Gems & jewellery exporters raise fears of job loss due to US tariffs
 

Shift from Russian barrels could cost India up to $5-bn annually
While many including Nobel laureate Abhijit Banerjee have said India would do well to rethink cheap oil purchases from Russia, as the hefty US tariffs could hit it harder, sector experts say though Indian refiners could technically adapt to the loss of Russian barrels, it would have significant economic consequences.

ONGC to invest ₹4,600 cr to drill 10 development wells, other infra in KG Basin
Hyderabad: The oil and gas major ONGC will be investing over ₹ 4,600 crore to drill 10 development wells, to set up two unmanned platforms, to lay an offshore pipeline, and to establish an onshore gas processing facility in Konaseema District of Andhra Pradesh. Oil and Natural Gas Corporation Limited (ONGC) has approached the Ministry of Environment and Forests seeking fresh environmental clearance for the proposed project, an Experts Appraisal Committee (EAC) under the ministry said in the minutes of its meeting held on July 24.

HMPL's subsidiary quippo oil & gas infrastructure secures Rs. 280.1 cr Oil India Limited's order
Source Credit: PTI, The Tribune

Biofuels are a pathway to rural prosperity: Sanjeev Chopra, Secy, DFPD
 

New wind turbine norms to boost capacity utilisation to 80%: Suzlon Group CEO
The Government has recently amended the Approved List of Models and Manufacturers (Wind) procedure to benefit domestic wind turbine original equipment manufacturers. The new rules are expected to reduce the disadvantage in manufacturing costs for Indian wind OEMs as compared to their Chinese counterparts, while strengthening the local supply chain. Indian wind OEMs, with a market share of around 40–45 per cent, are already sourcing most of the mandated components domestically, while Chinese wind OEMs operating in India import a higher proportion of lower-cost components from China, making their products 10–15 per cent cheaper than those of Indian manufacturers. However, the amended rules will bring in a level playing field. JP Chalasani, CEO, Suzlon Group, spoke to businessline on the new amendment and its impact on the industry.

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L&T to offer minority stakes in its green hydrogen projects
The company is in discussions with global firms that see India as a hub of green hydrogen ammonia manufacturing. It has announced plans for a hydrogen project at Paradip port in Odisha as part of the country’s broader National Green Hydrogen Mission.