Top Indian Metal & Energy Industry News & Updates - 07 April 2026,Tuesday
Govt. Policy / Industry
India's metal & mining sector set for earnings recovery despite geopolitical headwinds: Anand Rathi
The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth story, underpinned by strong infrastructure spending, continued urbanization, and manufacturing-led expansion," the report noted.
Mines Ministry amends rules to include contiguous areas in leases
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Iron & Steel
Jindal Steel leads India's Coal gasification revolution for energy self-reliance & sustainable steel
New Delhi [India], April 6: Jindal Steel has pioneered the use of swadeshi coal through advanced coal gasification, significantly strengthening India's energy security while enabling low-carbon steel production.
SAIL steel powers INS Taragiri, strengthening defence indigenisation
Source Credit: Hemant Kumar Rout, Business Standard
Bhubaneswar: With the commissioning of INS Taragiri, the fourth warship under the Nilgiri-class (Project 17A) stealth frigate programme, into the Indian Navy, Steel Authority of India Limited (SAIL) has reinforced its strategic role in India’s defence manufacturing ecosystem.
Tata Steel gets demand notice of ₹1,755 cr for excess coal mining
Precious metals: 3 factors to shape the course of gold, silver prices
📝 NMDC hikes iron ore prices by up to 11.1% effective April 5
📝 Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore project
📝 Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPG
📝 Vedanta, HZL, others likely to participate in pre-bid meet for Rs 7,280-crore rare earth magnet scheme
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Gold / Silver & Bullion
Gold price swings spur advance buying; Tanishq enters gemstones to boost demand
Tanishq is sharpening its focus on affordability and product innovation ahead of Akshaya Tritiya, as volatile gold prices continue to shape consumer behaviour, said CEO Arun Narayan.
Senco Gold share price jumps 11%: Why record high gold prices couldn’t stop 46% revenue growth in Q4
Senco Gold share price surged 11% after the company reported a 46% year-on-year (YoY) rise in revenue for the March quarter, driven by a well-spread wedding season and festive demand that kept store traffic buoyant.
Silver futures jump ₹2,273 to ₹2.34 lakh/kg on firm global trends
New Delhi: Silver prices jumped ₹2,273 to ₹2.34 lakh per kilogram in futures trade on Monday, tracking firm global trends amid geopolitical tensions in West Asia.
Titan bets on coloured gems to spur entry-level jewellery demand
India's top organized jeweller Titan Co Ltd is betting on coloured gemstones to buoy entry-level demand, as volatile gold prices weigh on affordability.
Gold, silver remain moderately bullish for FY27 amid global uncertainty
On the domestic front during FY26, silver futures surged by Rs 1,41,431, or 142.2 per cent, from Rs 99,461 per kg recorded on April 1, 2025, while gold soared by Rs 60,258, or 67 per cent from Rs 90,503 per 10 grams recorded during the same period.
Are gold ETFs moving away from physical gold? What investors should know
Upside for MCX Gold capped at ₹165,000; Silver may consolidate: Analysts
📝 PC Jeweller revenue jumps 32 pc in Jan-Mar quarter, 49 pc in FY26
📝 Mandatory gold hallmarking introduced in seven more districts; 4 things to know while buying hallmarked jewellery
📝 Gold, silver prices today, April 7, 2026: Check city-wise rates in Delhi, Mumbai, Chennai, Kolkata and more
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Oil & Gas / OMCs
LPG crisis fuels labour crunch, industry's hiring cost up 15%
Workers are retreating to the safety of their hometowns, as the ongoing West Asia war has triggered a cooking gas supply crunch, spiking the cost of living. Staffing firms have reported a 10-15% rise in hiring costs over a month, while hiring agents are closely tracking labour demand trends in the consumer, banking and construction industries.
Hindustan Petroleum carries out surprise inspections to curb malpractices; ensures uninterrupted supply of fuel, LPG
New Delhi: Hindustan Petroleum Corp Ltd on Monday said it continues to ensure the uninterrupted supply of fuel and Liquefied Petroleum Gas across the country. The government-owned petroleum company has also intensified enforcement through surprise inspections to curb malpractices, with over 4,028 inspections.
Indian refiners defer maintenance shutdowns to meet local fuel demand: Govt
Indian refiners have postponed maintenance shutdowns of their units to meet local fuel demand, a government official said on Monday.
Oil prices rise as Trump sharpens rhetoric on Iran; Brent crude at $110
Crude oil futures rise to ₹9,284/barrel as Trump threatens Iran over Hormuz blockade
📝 Indian Oil Corporation ramps up auto LPG supply, urges drivers to switch to petrol
📝 India’s E20 Ethanol push driven by self-reliance aim: GEMA President
📝 Reliance buys Venezuelan oil directly from from state-run energy company PDVSA: Report
📝 Government may cap ONGC new well gas amid distributor concerns
📝 NSE to launch Brent Crude futures based on Platts benchmark
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Coal / Mining
📝 Coal offtake under watch as industry builds stocks
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Renewable Energy
India's wind energy addition surges 46% to record 6.05 GW in FY26
📝 India logs record 6.05 GW wind capacity addition in FY26, up 46% YoY
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Nuclear Energy
Kalpakkam fast breeder reactor attains criticality; defining step: PM Modi
The vital second stage of India’s three-stage nuclear programme got a boost Monday with the country’s first indigenous Fast Breeder Reactor (FBR) at Kalpakkam in Tamil Nadu attaining criticality — the initiation of a self-sustaining nuclear fission reaction that will eventually lead to the generation of power by the 500-megawatt electric (MWe) FBR.
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International
📝 Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore project
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