Top Indian Metal & Energy Industry News & Updates - 14 Oct 2025,Tuesday
Govt. Policy / Industry
📝 Tariffs, chips, rare earths & US
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Iron & Steel
📝 India's small steelmakers cut output as weak demand, falling prices bite
📝 Steel demand in India set to grow 9% in 2025, 2026
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Gold / Silver & Bullion
Malabar Gold & Diamonds launches 1st showroom in New Zealand, strengthens presence in 14 countries
Mumbai: Malabar Gold & Diamonds, the responsible jeweller, proudly announces the expansion of its operations to New Zealand. The company's 1st showroom in New Zealand was launched at the Botany Town Centre in Auckland. This launch marks a milestone in the brand’s international expansion plan, ensuring its strong presence in 14 countries while delivering exceptional craftsmanship and service.
Gold vs DEBT
As gold prices gallop northwards, and the rise seems unstoppable, several theories, including the conspiratorial ones, have begun to hog the headlines in the mainstream media, and content on social media. Yesterday, in this column, we referred to the theory that BRICS was behind the unusual demand for gold among the central banks, institutions, and retail investors. Today, we will flesh out a more sinister theory. One of the superpowers is covertly driving gold prices up to resolve and sort out its trickiest and most dangerous economic issue. Of course, the country is NOT China, but America. The main challenge the latter faces is not related to trade or tariff, inflation or growth, or jobs or salaries. It is about debt. Although the photograph with this piece suggests the figure to be $34 trillion, it has since increased further by another two trillion dollars.
Ahead of Dhanteras, gold and silver prices scale new peaks
Mumbai: With international prices of gold and silver scaling new peaks—crossing the $4,100-mark for an ounce of gold and $50.7 for the same quantity of the white metal—domestic prices also hit new records, aided by the festive season demand arising from the upcoming auspicious day to snap them up—Dhanteras.
Dhanteras 2025: Is buying gold and silver coins this Diwali smart investment or just tradition?
📝 Silver beats gold, scorching Rs 11,000 run up in a day; gold at high of Rs 1.27 lakh
📝 Gold demand dips as soaring prices hit jewellery sales
📝 Gold rallies Rs 1,950 to record high of Rs 1,27,950 per 10g in Delhi
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Oil & Gas / OMCs
E20 Petrol Mandate: Vehicle owners report increased costs and reduced efficiency, says survey
The nationwide rollout of E20 petrol in India, which became mandatory in April 2025, is causing significant concerns among vehicle owners, a recent survey conducted by LocalCircles revealed. The survey highlights a near doubling in the percentage of old petrol vehicle owners attributing increased maintenance costs to the new fuel blend over the past two months. This development is raising questions about the compatibility of older vehicles with the E20 blend and the broader implications for vehicle owners across the country.
ONGC eyes cost optimization as subdued oil prices, maturing fields threaten profits
The exploration & production (E&P) major has targeted to reduce its operating and capital expenditure, which amounts to roughly ₹61,000 crore, by 15 per cent till FY27. The company expects to save around ₹9,300 crore.
ONGC prepares for a future with $60/barrel crude oil
State-owned Oil and Natural Gas Corporation (ONGC) is preparing for a future where crude oil prices may settle around $60 per barrel to remain profitable, said Director (Production) Pankaj Kumar.
Regular vs premium petrol: Is the pricey fuel in India really worth it for your car?
After the Bharat Stage VI emissions norms were implemented in 2020, petrol’s minimum octane rating was upped from an average baseline of 88 RON to 91 RON (Research Octane Number). As of now, regular E20 petrol is claimed to carry a much higher baseline of around 95-98 RON, while premium fuel, such as XP95 or Power95, offers a similar octane rating alongside additives to clean the fuel system. Consumers can also choose high-octane petrol rated for 100 RON with little to no ethanol content. While this seems like the way to go if you want to avoid ethanol content in your fuel, 100-octane petrol costs about ₹60 per litre more than regular petrol, bringing diminishing returns for cars which do not require it.
Nikol EV expands EV charging network for small commercial vehicles
📝 KP Group to invest ₹8,000 crore in hydrogen, EV fuel stations across Gujarat
📝 Oil rebounds 1% after sharp losses on US-China tensions
📝 ONGC plans oil trading biz with a target of $1 billion annual profit
📝 Indian state-owned refiners trimmed Russian oil imports by 45% between June and September: Kpler data
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Coal / Mining
Single-window clearance portal for mining projects likely by December
📝 Critical minerals supply secure, says Mining Secretary
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Power
📝 Ennore tragedy: BHEL asked to take strict disciplinary action
📝 Govt releases plan for evacuation of 65 GW hydro power from Brahmaputra basin
📝 India unveils $77 billion hydro plan as China builds upstream dam
📝 L&T's power transmission & distribution vertical bags grid infrastructure orders in Middle East
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Renewable Energy
Waaree Renewable Tech soars 14% after Q2 profit doubles – What next for investors?
The Waaree Renewable Technologies share price rallied 13.5% to an intra-day high of Rs 1,287 on the National Stock Exchange. The uptick in the share price came after the company’s consolidated net profit more than doubled to Rs 116.34 crore year-over-year in Q2 FY26 due to higher revenues. The company had posted a consolidated net profit of Rs 53.51 crore in the same quarter a year ago.
Rs 6.4 trn plan to evacuate 76-GW hydro power from Brahmaputra basin by 2047
The Central Electricity Authority (CEA) has charted out a Rs 6.4 trillion transmission plan to evacuate 76 gigawatt (GW) of hydroelectric capacity from the Brahmaputra basin by 2047.
Gautam Solar plans foray into EPC biz
Solar module maker Gautam Solar is looking to foray into the engineering, procurement and construction (EPC) business and allied areas to complement its core manufacturing business.
Adani Green vs. Tata Power: The Two Giants Racing to Power India’s Future
📝 Serentica Renewables to develop 170 MW hybrid project for MRF
📝 Hinduja Renewables Energy appoints Deepak Thakur as MD & CEO
📝 ACME to set up 1.2 MT per year sponge iron plant using green hydrogen
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Nuclear Energy
📝 Govt committee on nuclear power bats for up to 49% FDI
📝 India panel urges faster nuclear approvals, fuel security to meet 100 GW goal
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International
Iron ore gains as upbeat data outweighs renewed Sino-US trade tension
The benchmark November iron ore on the Singapore Exchange added 0.79 per cent to $107.2 per tonne, as of 0808 GMT, after touching its highest level since September 22 at $107.45 earlier.
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