Mines ministry unlikely to cap bid premium in critical mineral auctions
The aggressive offers by companies bring their commercial viability into question. “The Ministry of Mines is not working on any proposal to cap bid premiums for critical mineral blocks,” a senior government official said.

Korean steel industry hit by carbon permit costs, high tariffs
New Delhi: South Korea's steel industry, already under pressure from the United States' and European Union's steep import tariffs and influx of cheap Chinese imports, is now facing another major blow, the soaring cost of carbon emission permit costs says a report by Pulse, the English service of Maeil Business Newspaper Korea.

JSW Steel to reorganise US operations, merge 3 domestic subsidiaries — details here
India-based steel manufacturer JSW Steel announced on Friday that its board has approved reorganisation of its operations in the United States and the merger of some domestic subsidiaries.

Bharat Steel to showcase India’s possibilities in the steel sector
Bharat Steel, the Union steel ministry’s flagship international exhibition-cum-conference, will take place in Delhi in April next year. Expected to be attended by leaders of the global steel industry, the event will showcase India’s possibilities in the steel sector. It will also open up opportunities for the global fraternity to participate in India’s steel sector through investment, collaboration, joint ventures, and technology transfer.

JSW Steel net up four-fold at ₹1,646 crore on lower base
 

Gold hits record $4,300 as analysts see more upside ahead
Gold is trading above $4,300, an all-time high for the precious metal. Gold price today is $4,365, up by 20% in the last one month. But will the gold price move higher?

Gold buying trends shift amid soaring prices; lighter styles follow changing lifestyles
A gram of 22-carat gold cost around ₹4,000 in October 2019. Today, it’s nearing ₹13,000. Despite this steep rise, the pull of the yellow metal remains undiminished — but how people buy gold has changed significantly.

Gold prices stay strong amid global uncertainties, peak festival demand
 

Gold prices likely to shoot up to Rs 1.50 lakh by next Diwali: Axis Securities
 

Malabar gold & diamonds unveils exclusive Diwali 2025 offers
 

Hindustan Zinc reports 14% rise in consolidated net profit in Q2FY26
Vedanta owned Hindustan Zinc on Friday reported a surge of 14% in its consolidated net profit in the second quarter of FY26 at Rs 2,649 crore. The company’s net profit also rose 19% on a sequential basis.

US official says India reduced Russian oil purchases by half
India has reduced its oil purchases from Russia by half, Reuters reported on Friday quoting an official from the White House. The official told the news agency on Thursday that discussions with an Indian delegation in Washington this week have been “productive” and that Indian refiners were already cutting Russian oil imports by 50%.  

‘Our US expansion plans continue unabated,’ Amit Paithankar CEO Waaree Energies
Solar module maker Waaree Energies more than doubled its net profit to Rs 878.21 crore in Q2FY26 as compared to Rs 375.66 crore in the corresponding quarter of FY25. Its total income went up by 70% to Rs 6,227 crore in Q2FY26. Also, recently the US government started investigation whether Waaree sidestepped US tariffs on China made solar cells and tariffs by labelling them as made in India.

Markets maintain momentum ahead of Diwali: Nifty closes above 24,700, Sensex up 480 points; Asian Paints, M&M top gainers
The festive cheer lit up Dalal Street on Friday as Indian markets ended the session on a positive note, extending their winning streak ahead of Diwali.

Rs 88 to the dollar, but no panic: Inside India’s surprising currency story
It’s been a long, turbulent journey for the Indian Rupee (INR) in 2025. Amid a shifting global monetary backdrop, policy uncertainty in the US, and persistent domestic headwinds, the INR has found itself trapped in a perfect storm. The dollar, after a historically poor showing this year, appears poised at a critical inflection point. As we look ahead to March 2026 and beyond into FY27, the question emerges: where is the rupee really headed?