Tata Steel shares pare morning losses after the Q4FY26 business update
Tata Steel share price rose by nearly 1% on Tuesday, April 7, following the announcement of its highest-ever annual output and deliveries in India for FY26, driven by an increase in capacity and consistent domestic demand, despite mixed results from its European operations.

Jindal Stainless names Ranveer Singh as first brand ambassador
New Delhi: Jindal Stainless Ltd (JSL), the country's leading stainless steel manufacturer, on Tuesday announced Bollywood superstar Ranveer Singh as its first-ever brand ambassador and nationwide celebrity endorser.

Tata Steel India clocks record crude steel production of 23.48 mt in FY26
 

Hindalco shares gain 3% after JP Morgan upgrade, aluminium outlook turns bullish
 

Aluminium extrusion industry cuts production amid West Asia crisis
 

ALEMAI launches ‘Aluminium Bharat’, calls for urgent policy support

The initiative aims to strengthen India’s aluminum ecosystem while addressing emerging global and domestic challenges that impact the sector.

Silver futures decline ₹1,479 to ₹2.31 lakh/kg as geopolitical risks lift inflation outlook
New Delhi: Silver price plunged ₹1,479 to ₹2.31 lakh per kilogram in futures trade on Tuesday amid escalating geopolitical tensions in West Asia and rising inflation concerns dampening investor sentiment.

Kalyan Jewellers Q4 revenue surges 64% on strong wedding, discretionary demand
New Delhi: Kalyan Jewellers India Ltd reported 64 per cent jump in consolidated revenue for the fourth quarter of fiscal year 2025-26, buoyed by robust wedding and discretionary jewellery purchases even as gold prices remained volatile.

Gold price falls ₹10 to ₹1,50,650; silver down ₹100, trades at ₹2,49,900
New Delhi: Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Tuesday, with ten grams of the precious metal trading at ₹1,50,650, according to the GoodReturns website. The price of silver also declined by ₹100, with one kilogram of the precious metal selling at ₹2,49,900.

Retail sector buoyant in Q4, led by jewellery demand, say analysts
 

Jewellery could help retail sector post 23% revenue growth in Q4FY26
 

Panel to explore ways to boost ethanol use
The government has set up an inter-ministerial panel comprising petroleum, heavy industries and food ministries to consider ways to utilise the surplus ethanol manufacturing capacity, including an increase in the blending of ethanol with petrol from the current level of 20%, Food Secretary Sanjeev Chopra said on Tuesday.

Govt, insurers plan to launch $2 bn reinsurance fund for Indian vessels in war-risk zones
The government along with some insurance companies are planning to pump in a total amount of around $2 billion as reinsurance funds to cover Indian vessels passing through the war hit zone of West Asia, said sources from the government, who are aware of the matter. While the Centre is likely to create a $1.5 billion-fund, other insurance companies will contribute around $300-500 million to the reinsurance funds.

West Asia Conflict: GAIL inks long-term charter party agreement for LNG carrier
State-run GAIL said on Tuesday that it has entered into a long-term charter party agreement with Greek shipping firm Alpha Gas for the LNG carrier—Energy Fidelity.

Fuel demand spikes on crisis fears: diesel, petrol surge; LPG weakens
LPG consumption declined 12.8% year-on-year to 2.38 million tonne (MT) in March 2026 —  the lowest since June 2024 — as compared to 2.73 MT in March 2025, reversing a 4.5% growth seen a year ago with consumption of 2.61 MT in March 2024, and fell sharply 15.7% month-on-month from 2.82 MT in February and 20.93% in January from 3.01 MT, reflecting demand disruption amid supply constraints and shifting consumption patterns.

India to resume Venezuelan crude imports after 11-month gap
 

India turns to Russia, Venezuela for crude supplies amid West Asia crisis
 

Govt sets new rules for coal gasification mining plans to boost output
 

Adani Power sets board meeting date to announce Q4 results. Details here
Adani Power, on Tuesday, April 7, announced that the board will meet later this month on April 29 to consider and approve the financial results for the quarter ended March 31, 2026.

Power ministry pushes insurance surety bonds as bank guarantee alternative
 

Reducing import dependence: Renewable energy can play a significant role
Union Finance Minister Nirmala Sitharaman on Monday rightly termed the conflict in West Asia as a “systemic tremor” threatening the vital arteries of global energy. In a way, this also underlines India’s vulnerability. India imports over 85 per cent of its consumption of crude oil, with the bulk sourced from West Asia, a region highly prone to geopolitical uncertainties. Such disruption quickly feeds into higher import costs, inflationary pressures, and uncertainties for industry. As the ongoing crisis shows, it’s not only prices but also availability that can be significantly affected. A spike in energy prices and a sharp increase in the import bill increase risks to macroeconomic stability, as has been witnessed on several occasions in the past. Therefore, in a world with persistent geopolitical disruption, to secure its long-term economic interests, India will need to reduce its dependence on energy imports.

India can run 90% on solar + batteries at lower cost than coal
Solar power backed by battery storage can now meet up to 90% of India’s electricity demand at a cost of ₹5.06 per unit, lower than the average power procurement cost across most states, marking a structural shift in the country’s energy economics amid rising demand and volatile fossil fuel prices.

Rupee ends higher at 93/$; traders eye Trump’s Iran deadline, RBI policy decision
The rupee closed stronger on Tuesday, supported by ​the unwinding of residual arbitrage positions, while traders braced for ‌a U.S. deadline to reach a deal with Iran ​and the Reserve Bank of India’s ⁠monetary policy decision.

Banks unwind 75% forex bets as RBI deadline nears; rupee, bonds gain