JSW Steel banks on Paradip greenfield to achieve 50 MTPA by 2030
Mumbai: JSW Steel is looking to fast track its proposed greenfield project at Paradip in Odisha that will help it to achieve its 50 MTPA target by 2030 even if the Supreme Court verdict on Bhushan Power and Steel goes against it, a senior official told businessline. It is ready to start on the first phase of 5 MTPA of the total proposed 13 MTPA, Jayanth Acharya, Joint Managing Director & CEO, JSW Steel said when asked if the company had a Plan B in place. “So, first of all from the point of view of the resolution application and the review petition, I think we feel we have strong grounds and therefore we will pursue the review petition. The other thing is from a plan B perspective, from a capacity creation perspective, we have our greenfield facility in Paradip”.

India’s steel exports dip in Q1FY26, trade deficit narrows on import curtailment
 

Copper futures: Bulls regain traction
Copper futures, currently trading at ₹894/kg, has seen an uptick in price in the recent sessions. It bounced off ₹878 in the second half of last week. Therefore the price region between ₹875 and ₹878 is a good support zone.

Titan to buy 67% stake in UAE-based Damas Jewellery for Rs 2,438 crore in GCC expansion push
The country’s leading branded jewellery maker Titan will acquire a majority 67 per cent stake in UAE-based Damas Jewellery in an all-cash deal, a move which helps the Tata group-managed firm to expand business in GCC countries.

Gold climbs to over Rs 1 lakh/10 g, silver rallies Rs 3,000 in Delhi
 

Brokerages bullish on Hindustan Zinc outlook
 

‘Existential issues not just Europe’s concern’: India counters Western pressure on Russian oil
As Prime Minister Narendra Modi prepares for his upcoming visit to the United Kingdom, Foreign Secretary Vikram Misri has pushed back against renewed Western criticism over India’s continued imports of Russian oil.