KABIL eyeing global assets in critical minerals: Kishan Reddy
Hyderabad: Khanij Bidesh India Ltd (KABIL), a JV under the Ministry of Mines, is in discussion with several countries, including Zambia and Chile, to acquire critical mineral assets, according to Union Minister for Coal and Mines G Kishan Reddy.

SAIL CMD highlights resilience, transformation and sustainability
The Steel Authority of India Limited (SAIL) held its 53rd Annual General Meeting in New Delhi, where Chairman and Managing Director  Amarendu Prakash addressed shareholders through a virtual platform. He underlined the company’s resilience amid global challenges and outlined its roadmap for sustainable growth.

Jindal Steel International makes non-binding offer for thyssenkrupp’s steel operations
Jindal Steel International makes non-binding offer for thyssenkrupp’s steel ops
The Financial Express

NCLAT clears Vedanta demerger plan
The National Company Law Appellate Tribunal (NCLAT) has cleared Vedanta’s plan to restructure its power and metal businesses by overturning an order of the National Company Law Tribunal (NCLT) Mumbai bench that had blocked the move.

US rejects India’s consultation request on tariffs on copper and derivative products
The US has rejected India’s consultation request on American tariffs of 50 per cent imposed on copper and copper derivate products arguing that these tariffs were not safeguard measures as indicated by New Delhi.

Gems & Jewellery exports rises 9.67% in August
 

‘NO ROLE of mine’, Gadkari breaks silence on ethanol conflict of interest allegations
There is a new twist to the whole ethanol-related buzz. Amid the ongoing row on ethanol production by Cian Agro, Road and Transport Minister Nitin Gadkari said that he has no participation in the tender release and policy-making on ethanol. He clarified this while speaking at the launch of a Sadak Suraksha Abhiyan. 

Govt won’t raise ethanol blending in petrol beyond 20%: Petroleum ministry
Petroleum Minister Hardeep Singh Puri on Tuesday said that the government will not increase the percentage of ethanol in petrol beyond 20% as of now. Puri, while speaking at KPMG ENRich 2025 event, also mentioned that the government will assess the current impact of 20% ethanol blending in petrol before deciding on any further increase. “We had the current target of 20% for which the target date was 2030, and we have done it six years in advance. I will put a full stop there,” said Puri.

Crude oil prices to remain stable during rest of 2025: Anish De, KPMG energy sector head
 

Vedanta Resources demerger likely in FY’26
Vedanta Resources CEO Deshnee Naidoo on Tuesday exuded optimism that the demerger of its Indian arm Vedanta will be completed in the current financial year and stressed that her focus at present is on the restructuring of the company.

Power discoms’ financial health still precarious, unrecoverable revenue gap at Rs 3 lakh crore
The financial health and operational performance of state-owned power distribution companies (discoms) remain under pressure due to a combination of factors including inadequate tariff hikes, high AT&C losses, mounting regulatory assets (RA) and large debt position, according to a new report.

PVV Infra acquires stake in Aqua Dynamics Green Energy, which bagged a 37 MW renewable energy project from MSEDCL
Hyderabad: PVV Infra Limited is an Infrastructure Company mainly into solar power rooftop installations. The Company has announced the outcome of its Board of Directors meeting held today. The Board approved several strategic decisions aimed at enhancing the company's growth trajectory and strengthening its operational framework. Strategic Partnership with Aqua Dynamics Green Energy The company has entered into a Letter of Intent with Aqua Dynamics Green Energy Pvt. Ltd., which has been awarded a 37 MW solar power generation project by the Maharashtra State Electricity Distribution Company Limited (MSEDCL).

Markets clock gains: Nifty closes above 25,200 led by Kotak Mahindra Bank, M&M & L&T – 5 key highlights
The Indian stock market ended the day on a positive note, with the benchmark indices climbing steadily through the session. The Sensex closed at 82,380.69, up 0.73%, while the Nifty ended at 25,255.40, also higher by 0,74%. The Nifty Bank index joined the rally, closing at 55,147.60, up 0.47%.