Govt opens new round of critical minerals auction
New Delhi: AMID GLOBAL SUPPLY disruptions and rising strategic competition for key resources, the Centre on Monday launched the seventh tranche of e-auction of critical and strategic mineral blocks, sharpening its push to secure supplies essential for clean energy, manufacturing and advanced technologies.

Tata Steel’s second-largest India plant begins operations in Punjab, signals industrial revival push
Punjab’s industrial landscape received a significant boost on Friday as Chief Minister Bhagwant Singh Mann inaugurated Tata Steel’s second-largest plant in India in Ludhiana, positioning it as a key milestone in the state’s push to revive manufacturing and generate employment.

Arcelor-Nippon to pump 70k cr in Andhra plant
Billionaire steel magnate Lakshmi Mittal on Monday launched his most ambitious greenfield project in India, breaking ground on a new steel plant in Andhra Pradesh. ArcelorMittal, where Mittal serves as chairman, will invest over Rs 70,000 crore to build an 8.2 million-tonne steel facility in Anakapalli. The move signals a renewed push into India, where earlier greenfield projects in Jharkhand, Odisha, and Karnataka did not materialise. Mittal later entered through acquisitions. “For last two decades, we had a vision to build a greenfield steel plant in India,” Mittal said.
 

AMNS India begins work on ₹1.36 trillion Andhra steel plant, eyes exports
 

HZL, Tata Steel tie up to boost low-carbon zinc use in steel manufacturing
 

Aluminium extrusion industry seeks Covid-style relief after shutdowns
 

Gold logs worst weekly fall in 40 years, experts see buying opportunity for long-term investors
New Delhi: Gold prices have witnessed a sharp decline since last week, marking the worst weekly fall in the past 40 years, with prices dropping to USD 4,354 per ounce.

Gold futures plummet over 10% to ₹1.29 lakh/10g amid global rout
New Delhi, March 23 Gold prices plummeted sharply by more than 10 per cent to ₹1.29 lakh per 10 grams in futures trade on Monday amid a global sell-off in precious metals driven by macroeconomic pressures.

Gold at Rs 1.36 lakh; suffers sharpest fall in 5 days amid Iran-Israel-US war; here is what analysts warn

In January, gold prices in India were close to Rs 1.9 lakh.

Gold price dips ₹10 to ₹1,35,640; silver down ₹100, trades at ₹2,29,900
 

In a first, Odisha set to auction three gold-bearing mineral blocks
 

Silver hits lower circuit in futures trade, down 9% at ₹2.06 lakh/kg
 

Gold, silver prices crash 45% from their peak: Buy or avoid related stocks?
 

Hindustan Zinc falls 6% as markets crash, silver prices drag sentiment
 

Ethanol producers urge government to increase blending
The All India Distillers Association (AIDA), the apex body for ethanol, bio-energy and potable alcohol, has urged the government to enhance ethanol blending from 20 per cent to 30 per cent and promote its wider adoption across transport, including flex-fuel vehicles as well as domestic and industrial cooking applications.

Will India buy Iranian oil after US sanctions waiver? Depends on refiners’ techno-commercial feasibility, says Govt
Indian refiners will decide on buying Iranian crude oil based on techno-commercial feasibility, a senior Petroleum Ministry official said Monday. Amid the raging West Asia war, the US on Saturday suspended for a month the sanctions on Iranian crude already loaded on tankers in a bid to allow as many barrels of oil as possible to flow into the international market to improve the global oil supply situation and curb spiralling crude oil prices.

Iran war: Why India must step on the gas with ethanol
In November 1975, two years after the first global oil shock courtesy of the Arab-Israeli ‘Yom Kippur’ War, Brazil launched a Proálcool programme, aimed at reducing the country’s dependence on imported fuels.

Oil prices not high enough to cause demand destruction: US energy chief
Global oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston, Texas, even as markets continued to gyrate and global oil prices remained over $100 a barrel due to the US-Israel war on Iran. Wright’s remarks come amid one of the worst energy crises in decades following the closure of a key shipping channel and attacks on energy infra- structure in the West Asia that have sustained long-term damage. 

INOX India bets on diversification to offset LNG volatility, targets ₹1,600 crore in FY26
As West Asia tensions unsettle LNG markets, INOX India is taking a different tack, banking on diversification to sustain growth.

IBA suggests blending of 20% biogas in CNG to boost clean mobility in Delhi
 

Beyond fuel: How your daily life depends on oil flowing through Hormuz
 

Biogas body seeks phased CBG blending, diesel phase-down in Delhi
 

Oil prices drop, dollar weakens: Top 5 developments after Trump's big move
 

Crude oil rises ₹359 to ₹9,617 per barrel on Iran war, supply concerns
 

10 kg LPG in a 14kg cylinder soon – OMCs plans new strategy to boost supply as Hormuz remains shut
Domestic gas cylinders may become significantly lighter if the Iran war continues with no end in sight. India remains braced for a severe LPG crisis following the Strait of Hormuz closure and missile strikes that have damaged gas and energy facilities across the Middle East. The government has taken various steps to manage the supply crunch over the past few weeks — while state-run oil companies mull ways to stretch the limited stock. According to an Economic Times report, OMCs are considering ‘lighter’ gas cylinders as a way to conserve supplies while reaching the maximum number of homes. Industry executives told the publication that this would entail filling the 14.2 kg cylinders used in homes with only 10 kg of LPG. Estimates shared by these companies indicate a standard domestic LPG cylinder lasts the average household some 35 to 40 days. A 10 kg refill would therefore sustain a home for nearly a month — while allowing available volumes to be shared more widely at this time.

7 coal gasification projects worth ₹64,000 cr to be set up: G Kishan Reddy
 

Coal India’s Central Mine IPO subscribed 25% by afternoon on day 2, QIBs lead institutional demand
 

Centre asks states to curb coal profiteering amid West Asia crisis
 

Govt orders Tata Power's 4 GW Gujarat coal plant to run full-tilt in summer
 

Waaree Energies overhauls leadership: New CEO and CFO appointed amid major management reshuffle
Waaree Energies has announced a management reshuffle, with Jignesh Devchandbhai Rathod replacing Amit Ashok Paithankar as the company’s Whole-Time Director and Chief Executive Officer following Paithankar’s resignation. The company’s Chief Financial Officer (CFO) Sonal Shrivastava has also stepped down, and the board has appointed Abhishek Pareek as the new CFO. The company has also named Munna Singh as Deputy Chief Financial Officer and Varun Goenka as President – Growth & Strategy.

Adani Green Energy commissions 510 MW capacity power projects in Gujarat
New Delhi: Adani Green Energy on Monday said it has operationalised 510 megawatt of power projects in Khavda, Gujarat.

Iron ore rises on high freight rates, energy prices
Singapore: Iron ore futures rose on Monday, supported by elevated freight rates, while other steelmaking ingredients coking coal and coke also gained as countries booked coal cargoes for their energy requirements due to a spike in global oil and gas prices.