NMDC’s prospects dampen as iron ore prices drop
NMDC Ltd’s price cuts undertaken earlier this month reflect the subdued outlook for the iron ore market. Still, domestic prices are at a much lower discount to import parity prices compared to the long-term average, which may warrant further price cuts.

PN Gadgil Jewellers plans ₹800 cr store expansion this fiscal
The company will adopt both COCO (company-owned-company-operated) and FOCO (franchise owned company operated) model for expansion.

Gold prices surge amid geopolitical tensions and US Fed policy speculations
Chennai: Gold prices have been on an upward trajectory in mid-June 2025, driven by escalating geopolitical tensions and anticipations surrounding the upcoming U.S. Federal Reserve policy decision. On Sunday (June 15), domestic gold futures closed above Rs 1,00,000 per 10 grams, marking a significant milestone. This surge reflects heightened investor interest amid global uncertainties.

Russian oil freight rates to India ease further, proposed EU curbs may reverse trend
However, as the price of Russia's flagship Urals crude has fallen below the cap, Western shipowners have been able to return to its oil market.

China's crude steel output falls, keeping industry on track for cuts
China's crude steel output slipped sharply in May compared to the prior year, surprising analysts and keeping steelmakers on track for lower production this year in line with Beijing's push to cut output in the sector.

India reviewing global oil supply situation on a daily basis, says Union Minister Hardeep Singh Puri
Brent Crude slips 1%, all eyes on output from Iran; India’s Petroleum Minister assures, ‘no need to worry’
The Financial Express

Any escalation in Middle-East crisis or sharp rise in crude prices will impact India's oil marketing companies: report
 New Delhi: Any further escalation in the Middle-East crisis or a sharp rise in crude prices could pose a serious risk to earnings, especially for Indian Oil Marketing Companies (OMCs) and gas companies.

Coal India arm, Bharat Coking Coal IPO set to hit markets: Key facts every investor must know
The upcoming initial public offering (IPO) pipeline for 2025 is getting bigger by the hour. One of the world’s largest coking coal producers, Bharat Coking Coal (BCCL), a wholly owned subsidiary of Coal India, has also filed its draft red herring prospectus (DRHP). 

CIL to foray into critical minerals: Chairman PM Prasad outlines plans of public sector miner
Coal India has emerged as the preferred bidder for two graphite blocks in Chhattisgarh and Madhya Pradesh, as it expands into critical mineral mining to diversify its operations beyond coal. Coal India chairman P.M. Prasad, in an interview with The Telegraph, outlined the plans of the public sector miner to future proof the business and unlock new revenue streams, by venturing into the mining of critical and strategic minerals, exploring acquisition of critical mineral assets outside India, expanding into coal gasification and renewable energy generation. The following is the first of a two-part interview. The second part will be published on Monday, June 23.

Aim is to produce two-thirds of 1 bt coal target by FY29: P M Prasad

Has there been a shift in the functioning of the company, which is aiding surplus coal availability?

NHPC shelves plan for co-promoter stake buy in PTC India
NHPC Ltd has shelved its plan to buy out its PSU peers in power trading company PTC India Ltd, two people aware of the matter said.

Jindal Power mulls discom entry, in advanced talks for Jhajjar Power Ltd acquisition
 

ReNew posts net profit of ₹314 crore in Q4 FY25
The Nasdaq-listed firm, some of whose major investors have proposed to take the company private, had reported a net loss of around ₹388 crore, or roughly $45 million, in Q3 FY25.

India has several Guyana-sized energy reserves in Andamans: Hardeep Puri

New Delhi: India is putting in all kinds of effort to ramp up its own traditional fossil-based energy production, and the latest push is to dig deep in the Andaman region.

Wind sector's biggest hurdle? Domestic equipment procuring mandate