Top Indian Metal & Energy Industry News & Updates - 14 March 2026,Saturday
Govt. Policy / Industry
28 Indian vessels with LNG, LPG and crude stranded near Hormuz
Govt targets installing 39 lakh rooftop solar systems under PMSGMBY in FY27
Read More >>
Iron & Steel
Jindal Stainless flags operations disruption due to fuel shortage
India's Jindal Stainless on Friday said that its plants were operating at a reduced capacity because of fuel shortages in the wake of disruptions from the West Asia war.
Delays in mine clearances may hinder India's steel growth targets: JSPL
Jindal Steel's Thyssenkrupp buy talks in gridlock, a new suitor stirs the pot
Mumbai: Six months after steel magnate Naveen Jindal made an unsolicited bid to acquire the steel assets of Germany’s Thyssenkrupp AG, the two sides have hit an impasse over three key sticking points, according to two people familiar with the matter.
📝 NMDC becomes India’s first miner to produce 50 MT iron ore in a fiscal
📝 West Asia War: India steelmakers brace for higher input costs, risk of cheaper imports
Read More >>
Aluminium & Copper
No material impact from Iran war on Hind Copper, may rally 23%: Anand Rathi
Read More >>
Gold / Silver & Bullion
US tariff relief adds sparkle to Indian diamond trade as polishers eye 6-7% revenue growth; Mideast conflict a concern
The reciprocal tariff prompted diamond polishers to increase production before the deadline and explore alternative trading hubs such as the United Arab Emirates (UAE), Hong Kong, Thailand and Canada, which helped in mitigating the impact, according to Crisil Ratings.
No Fed rate cut, Dollar rally may keep gold prices under pressure: Analyst
Mmubai: Gold: Dollar emerges as a competitor for safe haven demand
Gold set for weekly drop as oil price surge weighs on rate-cut hopes
Gold prices were on track for a second consecutive weekly drop, despite edging up on Friday, as surging energy prices due to the West Asia war dimmed prospects for near-term U.S. interest rate cuts.
📝 India gems and jewellery exports flat in Apr–Feb, diamonds drag
📝 Energy power play: India’s oil and gas strategy amid U.S.-Iran tensions
📝 Silver falls to Rs 2.65L/kg, gold declines to RS 1.63 lakh/10 gms
Read More >>
Oil & Gas / OMCs
US expands waiver for Russian crude cargoes
The US Department of Treasury has issued a 30-day authorisation “permitting” countries to purchase Russian oil currently stranded at sea, broadening an initial waiver granted to India as the war in West Asia disrupted energy supplies. US Treasury Secretary Scott Bessent said on Thursday the decision was intended as a limited intervention to stabilise global markets.
LNG crisis bigger risk than oil; earnings may fall over 4%: Shriram AMC
Fund managers at Shriram Asset Management Company (Shriram AMC) have warned that the shortage of liquefied natural gas (LNG) could prove more damaging for India than the ongoing spike in crude oil prices, shaving off at least 4 per cent of India Inc earnings.
Fuel shortages caused by Iran war begin to threaten global food supply
Food crops are becoming increasingly vulnerable to the energy supply crunch caused by war in West Asia, with farmers across Asia and Europe facing a scarcity of fuel needed to operate essential machinery.
How the Iran war's oil shock is giving Russia a $150 million daily boost
MCX Crude oil prices could push toward Rs 12,000 if conflict worsens, says Ajay Kedia
West Asia disruptions to impact daily CGD sales volumes by 8-10%: CRISIL
📝 Supply of LPG, petrol, diesel in state completely normal: Haryana CM
📝 US allows nations to buy Russian oil stranded at sea after India waiver amid rising global prices
📝 Crude oil futures rise ₹94 to ₹8,898 per barrel; Brent breaches $100
📝 Benchmark indices down 2% as oil prices refuse to budge
📝 Japan's KTD enters Indian energy market, picks 10% stake in OMC Power
📝 Powering Resilience: India’s long-term energy strategy
Read More >>
Coal / Mining
India’s captive and commercial coal output crosses 200 MT so far in FY26
India's captive, commercial coal mines cross 200 MT production in FY26
📝 Coal India files RHP with SEBI for arm CMPDIL IPO
Read More >>
Power
TN CM Stalin inaugurates Unit-1 of 2x660 MW Udangudi thermal power plant costing ₹13,077 crore
Tamil Nadu Chief Minister MK Stalin on Friday virtually inaugurated power generation from Unit-1 of the 2x660 MW supercritical thermal power plant established at Udangudi in Thoothukudi district at a cost of ₹13,077 crore.
📝 Om Power Transmission gets SEBI nod for raising funds through IPO launch. Details here
📝 ‘Power demand from data centres to reach 13.56 GW by 2031-32’
Read More >>
Renewable Energy
ACME Solar begins operations of 142-MW battery energy storage project in Rajasthan
ACME Solar Holdings on Friday said it has started the operation of a 142.67-MW battery energy storage system project in Rajasthan.
ACME Solar jumps 9% on commissioning phase-1 of BESS capacity in Rajasthan
Read More >>
International
Japan, Asia-Pacific nations to pledge $30 bn energy, mineral deals with US
Japan and other Asia-Pacific nations are set to unveil at least $30 billion worth of agreements with US companies this weekend, as Trump administration officials descend on Tokyo to press for more collaboration with regional allies on energy and critical minerals.
📝 Aluminium snaps 3-day gains as dollar firms
Read More >>
Economy
Sensex logs worst weekly loss in six years
Living up to its ominous reputation – Friday the 13th – proved to be exceptionally bad for investors as benchmark indices tumbled by up to 2.06%, the worst single-day closing in the week, due to continuing geopolitical tensions in West Asia and crude oil prices ruling around $101/barrel.
Fitch raises India's GDP growth projection for FY26 to 7.5%
Fitch raises India growth forecast
The Financial Express
India's forex reserves down $11.7 bn at $716.8 bn on drop in foreign assets
Rupee falls to fresh low of 92.48 against dollar amid global risk aversion
Read More >>
405, TSL Corner
contact@nurcmedianext.com
+91-11-49849324, +91-9958949710
