Top Indian Metal & Energy Industry News & Updates - 14 Feb 2026,Saturday
Iron & Steel
Jindal Stainless partners with Railways to make stainless steel salt containers
📝 Jindal Stainless, Indian Railways join hands to produce stainless steel salt containers
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Aluminium & Copper
📝 Hindalco Q3 results: Strong aluminium EBITDA offsets Novelis hit; margin dip linked to Oswego fire
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Gold / Silver & Bullion
Gold futures increase on spot demand
New Delhi: Gold prices on Friday rose Rs 1,044 to Rs 1,53,880 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
Gold gains over 1% on dip‑buying; markets await US inflation data
Gold rose more than 1% on Friday, rebounding from Thursday’s near one-week low, as bargain-hunters stepped in, with investors keeping an eye on key U.S. inflation data due later in the day for cues on the Federal Reserve’s policy outlook.
Indian gold, silver prices dip on global cues
📝 Senco's stellar Q3 topline growth driven by gold price rally; likely to close FY with ₹8,000 cr revenue: MD
📝 Gem and jewellery exports decline by 5.79% to $2,238.54 million in January, says GJEPC
📝 Silver declines 5% to ₹2.55 lakh a kg, gold drops to ₹1.58 lakh per 10g
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Other Metals
Attero to invest ₹7,000 crore in proposed rare earth corridor: CEO
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Oil & Gas / OMCs
Russian oil flows to India slump as EU curbs bite; China absorbs record volumes
Shipments of Russian crude to India have taken a big hit in recent weeks, after fresh European Union restrictions on petroleum products derived from such crude forced key Indian export refineries to rethink sourcing. Tanker tracking data show India’s imports of Russian crude fell to 1.1 million barrels per day (mb/d) in January — the lowest level since November 2022 and a steep drop from the 1.7 mb/d average recorded through 2025.
Saudi Arabia India’s top oil supplier in Feb as Russian flows recede after US trade deal
New Delhi: Saudi Arabia has surpassed Russia as India’s top oil supplier so far this month after a price cut, signalling New Delhi’s effort to reduce imports from Moscow after its trade pact with the US.
India looks for ‘big oil moment’ in Andaman
For decades, India’s hydrocarbon map barely moved. Exploration stayed confined to familiar provinces while nearly a million square kilometres of sedimentary basin lay locked behind regulatory barriers. That inertia is now breaking — and the Andaman Sea is at the centre of the shift.
Clean fuels to power 90% of India's transport by 2070: Niti Aayog
The report, “Scenarios Towards Viksit Bharat and Net Zero: Sectoral Insights: Transport”, underscores the pivotal role of the transport sector in India’s energy landscape. Currently, transportation accounts for around 20 per cent of the country’s total energy consumption, a figure expected to double or triple by 2047.
Sanctions drag India’s January crude oil imports from Russia to lowest in over 3 years
Indian refiners see limited gains from Venezuela as Russian oil dries up
Reliance Industries secures US licence to buy Venezuelan crude oil
CAFE-3 emission norms: BEE likely to rationalise technology credits
📝 Consumers get a raw deal as global oil price fall benefit remains ‘frozen’
📝 India boosts US crude oil buys as Russia imports dip
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Coal / Mining
Coal India Q3 review: Analysts split on e-auction recovery vs headwinds
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Power
NTPC shares rise 17% in a year. Can India’s power giant sustain the momentum?
Energy stocks have delivered solid returns over the past year, with NTPC among the steady performers. Over the last 12 months, NTPC shares have risen about 17%, climbing from ₹310 on 10 February 2025 to around ₹365.
📝 CERC gets go-ahead to frame norms on power market coupling
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Renewable Energy
GREW Solar raises ₹1,050 crore to expand solar cell capacity to 8 GW
Source Credit: Nandini Keshari, Business Standard
New Delhi: Solar module manufacturer GREW Solar announced it has raised Rs 1,050 crore from Bay Capital Investment and two other institutional investors. The funding will be used to expand its solar cell manufacturing facility, increasing the capacity from the planned 3 GW to 8 GW.
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Nuclear Energy
📝 Adani Group enters nuclear power sector after SHANTI Act
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International
📝 Chile's Cochilco expects short-term lithium prices to remain high
📝 Trump plans to roll back some steel, aluminium tariffs
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Economy
Bloodbath on D-Street: Nifty slides to 3-month lows below 25,500, Sensex cracks 1,000 points
Markets close: Indian benchmark indices ended Friday’s trading session sharply lower amid broad-based selling pressure. The Sensex closed at 82,595, tumbling 1,079 points or 1.29%, while the Nifty settled at 25,471.10, down 336 points or 1.30%. Both indices declined around 1.3% for the day.
Rupee falls 3 paise to close at 90.64 against US dollar
📝 India's forex reserves down by $6.7 billion to $717.6 billion as of February 6
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