MMTC-PAMP urges policy support to strengthen India’s precious metals refining
New Delhi: The precious metal refining sector expects the government to address duty disparities that put domestic refiners at a disadvantage compared to imports through free trade agreements, MMTC-PAMP Managing Director and CEO Samit Guha said on Friday. “One of the expectations we’ve had as not just MMTC-PAMP, but as the whole precious metal refining sector has seen this disparity, which is there in duty, especially through the SEPA route between what we get as Dore versus what refined bullion is imported at,” Guha said.

Antitrust probe links Tata, JSW to steel cartel via WhatsApp chats, production data
New Delhi: Four major ‍Indian steelmakers - Tata Steel, JSW Steel and state-run SAIL and RINL - disclosed their pricing plans to rivals and coordinated production cuts to ​reduce supplies, an antitrust investigation report seen by Reuters shows. In the most high-profile antitrust case involving ‌India’s steel sector, an investigation by the Competition Commission of India found 28 firms colluded on ​steel prices, meaning they could face hefty fines, Reuters reported exclusively on January 6.

JSW Steel Q3 Results: Cons net profit soars 198% YoY to Rs 2,139 crore, revenue up 11%
JSW Steel Q3 profit soars 198%; beats estimates
The Financial Express

JSW Steel beats quarterly profit view on stronger volume
India's JSW Steel reported a bigger-than-expected rise in third-quarter profit on ‍Friday, as higher sales volumes helped offset the impact ​of lower steel prices. Consolidated net profit nearly tripled ‌year-on-year to 21.39 billion rupees ($232.7 million) for ​the quarter ended December 31, topping analysts' average estimate of 16.22 billion rupees, per data compiled by LSEG.

Silver, gold hit lifetime highs on weak dollar, Fed rate easing hopes
New Delhi: Gold and silver prices rallied on Friday to hit fresh lifetime highs in the futures trade, tracking record gains in international markets amid a weakening US dollar and rising expectations of interest rate cuts by the Federal Reserve.
 

Gold, silver ETFs roar back up to 30% from previous lows as prices hit new records
Mumbai: Gold and silver exchange traded funds (ETFs) rebounded sharply on Friday, recovering the deep cuts yesterday. Some of these ETFs rallied up to 30% when some like the Tata silver ETF surged 17% after it tanked 24% yesterday. But ETFs are still away from their 52-week highs hit on Wednesday.

Hindustan Zinc & CIMIC Group Cos join hands to set up India’s 1st zinc tailings recycling facility
New Delhi: Hindustan Zinc Limited, a Vedanta Group company and the world’s largest integrated zinc producer, has awarded engineering and construction contracts to CIMIC Group companies Sedgman and Leighton Asia to develop India’s first zinc tailings recycling facility at its flagship Rampura Agucha Mines (RAM) in Rajasthan. Tailings—finely ground remnants left after mineral extraction—often contain recoverable metals that earlier technologies could not extract. The Rampura Agucha facility will deploy advanced processing techniques to recover zinc, silver and other metals from legacy tailings, converting waste into valuable resources and advancing a circular approach to mining.

India de-risks crude sourcing in January as Middle East backfills softer Russian flows
India’s crude oil import pattern in January 2026 indicates a clear shift towards lower-risk and execution-certain supply, with higher intake from the Middle East offsetting a more selective and compliance-driven approach to Russian crude, according to data and analysis by Kpler.

BPCL to sign $780 mn oil deal with Brazil's Petrobras, says Hardeep Puri
BPCL to double Brazilian crude intake with $780 million Petrobras deal 
The Financial Express

Cairn Oil & Gas to showcase engineering excellence in upstream, to enhance domestic production for an Aatmanirbhar Bharat
 

NTPC’s Rs 15,000-crore Chhabra coal expansion in doubt as MoU faces likely cancellation
A proposed ₹15,000-crore expansion of Rajasthan’s Chhabra Thermal Power Plant by NTPC is unlikely to move forward, with regulatory records indicating that the Memorandum of Understanding (MoU) signed between NTPC and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has been reviewed and is “likely to be cancelled due to persisting critical issues”.

Premier Energies’ Q3 net profit rises 53% to ₹392 cr
Hyderabad: Premier Energies’ net profit increased 53 per cent to ₹392 crore in the third quarter ended December 31, 2025, driven by a growing order book. The total revenue of the company grew 12 per cent to ₹1,966 crore.

JSW Energy net rises 2.5 fold: Net profit jumps 150% to Rs 420 crore
Beating analyst estimates by a wide margin, JSW Energy posted a 2.5 times growth in its Q3 net profit at Rs 420 crore in Q3FY26 as compared to Rs 168 crore in Q3FY25. Sequentially profits fell 40%. Analysts estimated profit of Rs 149 crore.

Tamil Nadu amends wind power policy to extend life of old projects
 

Adani Energy Solutions Q3 net profit dips 8.2% YoY to Rs 574 crore
 

Rupee weakens to historic low around 92 – FII outflows weigh on sentiment
The Indian currency, which has been under continuous pressure over the week, almost breached the 92 mark today as it hit a new historic low of 91.96 against the US dollar.

India’s demographic transition opens up ‘window of opportunity’ to move into higher growth trajectory: RBI study
Mumbai: India’s demographic transition, characterised by declining fertility, rising median age, higher life expectancy and falling dependency, has opened up a ‘window of opportunity’ to move into a higher growth trajectory supported by demographic dividend, according to an RBI study. While a favourable age profile supports demographic dividend at the national level, the interstate difference in age structure has altered the window of opportunity for the States, per RBI’s ‘State Finances: A Study of Budgets of 2025-26’.

Freaky Friday: Indices end down 2% for the week; Sensex crumbles 770 points intra-day, Nifty closes around 25,000
Markets at close: Indian benchmarks lost steam once again. The indices closed deep in the red after a choppy session. The Nifty 50 ended 241 points or 0.95% lower at 25,048, while the BSE Sensex dipped 770 points or 0.94% to finish at 81,538.