Top Indian Metal & Energy Industry News & Updates - 10 Jun 2025,Tuesday
Govt. Policy / Industry
Rethink auction, fast-track exploration: Industry to govt
In November 2023, India started auction of critical minerals, and in March this year, the country also saw the first-ever auction of exploration licences for rare earth, zinc, diamond, copper, and platinum-group elements. Also, the first-ever auction of undersea mineral reserves took place in November 2024.
📝 India looking for other magnet sources after China's curbs on rare earth metals
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Iron & Steel
Tata Steel Europe pares loss: Group returns to profit after three-year slump
📝 Jindal Saw enters JV agreement with Buhur in Saudi Arabia
📝 AM/NS India Powers Two of India’s Greatest Rail Engineering Marvels
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Gold / Silver & Bullion
Gold holds steady on Monday as investor demand remains strong
📝 Silver prices surge as market anticipates record-breaking rally
📝 Commodity Radar: Sell gold on rise as yellow metal consolidates. 5 technical factors to watch out for
📝 Titan’s CaratLane to open over 40 new stores as demand rises for low-carat jewellery among young Indians
📝 Lalithaa Jewellery files draft papers with SEBI; seeks to raise ₹1,700 crore via IPO
📝 Silver soars Rs 1,000 to hit fresh peak of Rs 1.08 lakh/kg; gold falls Rs 280/10 g
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Oil & Gas / OMCs
📝 Oil prices hold gains ahead of US-China trade talks
📝 Petrol’s popularity runs out of gas in FY25 as CNG's market share more than triples in 5 years
📝 Indian Oil & Gas Sector to Witness Strong Growth Despite Global Volatility
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Power
📝 India's $80 billion coal-power boom is running short of water
📝 Interstate transmission: Centre allows surety bond and payment of order instruments as bid security
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Renewable Energy
NTPC ties up with SEforALL for energy transition roadmap
New Delhi: The state-run National Thermal Power Corporation (NTPC) Ltd has signed an agreement with Sustainable Energy for All (SEforALL) to develop its energy transition roadmap.
Tata Power’s TP Solar crosses 4 GW of solar module production at its TN plant
Renewables energy, roads, realty to get Rs 17.5 trillion investments
📝 Rudra Global plans to set up 30-mw renewable energy projects in Gujarat
📝 Solar body urges govt to extend transmission fee waiver for delayed projects
📝 NTPC Group starts Nokh Solar PV Project, total capacity reaches 80,708 MW
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International
📝 Aluminium producers in the U.S. win from Trump's tariffs
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Economy
Markets end higher for 4th consecutive session. Nifty above 25,100, Sensex up 280 points – 5 key highlights
The markets closed Monday’s session on a higher note for the fourth straight session. The Nifty 50 closed the session 100 points or 0.40% higher at 25,103, the Sensex rose 280 points or 0.34% to settle at 82,468.
📝 Big 4: Drivers that will power India's economy
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