Andhra Pradesh governance speed attracting investors
The ArcelorMittal Nippon Steel plant in Andhra Pradesh, the largest in India, is set to lay its foundation stone in February. The state concluded this deal without even signing a Memorandum of Understanding (MoU), finalising everything through a Zoom call and a WhatsApp chat with Aditya Mittal. The Rs 1.5 lakh crore plant has received environment clearances, with the entire process having taken only 15 to 18 months. Similarly, Andhra Pradesh addressed taxation issues swiftly to sign the Google Data Centre project, showcasing its ability to positively influence policy.

JSW Steel Q3: Output falls 5% as Vijaynagar plant shutdown hits—What to watch in the Jan 23 results
JSW Steel reported a 5% QoQ steel output decline in the third quarter of FY26. The company’s consolidated steel production in Q3 FY26 came down to 7.48 million tonnes, compared to 7.90 million tonnes in the previous quarter. 

Gold dips but stays on solid ground as global uncertainty lifts demand
Source Credit: New Indian Express

Chennai: Gold prices eased slightly on Friday (January 9), but remained firmly elevated, reflecting a market caught between strong safe-haven demand and short-term selling pressures. In international markets, spot gold was marginally lower during Asian trading hours as a firmer US dollar and some technical selling weighed on prices. Even so, the metal was still set for a solid weekly gain, underlining the strength of the broader upward trend that has dominated early 2025.

Gold ETF inflows surge 211% month-on-month to Rs 11,647 crore in December on safe-haven demand
 

Tata Power targets 1 crore smart homes in three years; Kochi among key markets

Given the growth rate in smart home automation market, Tata Power is targeting the rollout of smart solutions 1 crore + homes across the country over the next three years. Kaushik Sanyal, National Head – Group Captive & Enterprise Accounts, Tata Power, said the smart home automation market in India’s mid-segment is estimated at ₹2,000 crore and is growing at around 30 per cent. The company has launched a nationwide campaign to accelerate the adoption of smart home automation and is looking at garnering a comfortable share from this the fast-growing market.

Adani Green unit to supply 20.8 MW hybrid power to Asahi India Glass
 

Tata Power to set up ₹6,675 cr 10 GW ingot & wafer manufacturing facility in AP
Tata Power Renewable Energy Ltd (TPREL) will set up a greenfield 10 GW ingot and wafer manufacturing facility at Nellore, Andhra Pradesh, with an investment of ₹6,675 crore. The project will be the largest ingot and wafer manufacturing facility in the country, reinforcing Andhra Pradesh's position as a leading hub for advanced solar manufacturing, state government officials said.

Indices log worst weekly fall in three months
Benchmark equity indices extended their decline for a fifth consecutive session on Friday, recording their worst weekly performance in three months (since September 26, 2025), as investors remained in a risk-off mode amid persistent uncertainty over US–India trade negotiations and escalating geopolitical tensions, particularly concerns over potential US trade measures linked to Russia-related sanctions.