Steel Prices High Until 2026, India Leads Demand in 2027
A new report forecasts elevated steel prices through 2026, with India poised to lead a global demand rebound starting in 2027, driven by infrastructure and manufacturing growth.
Category : Business
Urea Prices Double, India Plans Digital Curb on Fertiliser Use
India Potash Ltd receives urea offers at $935-$959 per tonne, double recent rates, due to West Asia conflict. Government considers mobile app to limit excessive fertiliser use amid subsidy concerns.
ISARC Varanasi Concludes Speed Breeding Training for Agri-Business
A three-day training program on speed breeding techniques organized by IRRI-South Asia Regional Centre in Varanasi concluded successfully, bringing together agricultural experts and industry representatives to enhance crop improvement efficiency.
Nuvama Expert's Top Stock Picks: Aditya Vision, Allied Blenders, NMDC
Aakash K Hindocha of Nuvama recommends buying Aditya Vision Ltd, Allied Blenders and Distillers Ltd, and NMDC with specific targets and stop-loss levels. He also provides technical analysis on Nifty and Bank Nifty indices for April 16, 2026.
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Michael Dell Rejoins Top 10 Billionaires in 2026
Dell CEO Michael Dell's net worth surged by $24.6 billion in 2026, reaching $165 billion and securing the seventh spot among global billionaires, driven by a 44% stock rally amid Nvidia acquisition rumors.
Analysts Rate Pine Labs, Groww as Buy; Indus Towers Downgraded
Major brokerages have issued new ratings on Indian stocks. Citigroup and BoFA Securities initiated buy coverage on Pine Labs and Groww, while Jefferies downgraded Indus Towers. Other updates include Jindal Saw and Ujjivan SFB.
Mistry Accuses Tata Trusts of Illegal Board Operations
Former trustee Mehli Mistry alleges Tata Trusts leadership violated statutory rules to secure lifetime appointments while removing him, calling for an independent administrator amid claims of financial misconduct.
ED Arrests Reliance Capital Ex-Vice-Chairman in Money Laundering Case
Enforcement Directorate arrests Amitabh Jhunjhunwala and Amit Bapna in Mumbai in ongoing money laundering investigation against Anil Ambani group entities. Assets worth over Rs 15,000 crore attached so far.
Tata Motors Lucknow Plant to Launch Hydrogen Fuel Cell Vehicles
Tata Motors is advancing trials for hydrogen fuel cell commercial vehicles at its Lucknow plant, aiming for a bus within 30 months. The facility, powered by renewable energy, produced 56,000 vehicles last year.
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Third Runway Feasibility Study Launched for Navi Mumbai Airport
CIDCO has appointed a Joint Venture of RITES Limited and Creative Group LLP as consultant for a Techno-Commercial Feasibility Study to develop a third runway at NMIA, enhancing airport capacity.
Yogi on Factory Interference, Tata's 10 Lakh Vehicle Milestone
Uttar Pradesh CM Yogi Adityanath cautioned against outside elements disrupting factory operations while celebrating Tata Motors' production of its 10 lakhth commercial vehicle in Lucknow, highlighting industrial growth and clean energy initiatives.
Tata Group to Double UP Presence, Eyes State as Manufacturing Hub
Tata Group Chairman N Chandrasekaran announced plans to more than double the conglomerate's operations in Uttar Pradesh, praising the state's infrastructure and policy environment under CM Yogi Adityanath.
Diesel Car Registrations Drop Sharply in Chandigarh
Official data reveals a significant decline in diesel vehicle registrations in Chandigarh during early 2026, with petrol vehicles dominating and electric vehicles showing steady growth.
Chandigarh Industrial Plot Owners Seek FAR and Policy Changes
The Chandigarh Industrial Converted Plot Owners Association demands enhanced floor area ratio, revised height norms, and a clear policy framework for commercial plots converted from industrial use.
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Pune RMC Plants Stop Production, Demand Uniform Rules
Ready mix concrete operators in Pune have paused manufacturing until unified guidelines are established by authorities. The PMC continues its crackdown, demolishing illegal plants while industry leaders cite regulatory confusion.
West Bengal Leads in Financial Inclusion with Rs 1,000 Crore Deposits
West Bengal ranks second nationally in deposit mobilization through BLS E-Services' BC network, contributing nearly Rs 1,000 crore to over Rs 10,000 crore total balance, with 80% from rural markets.
Air India Losses Worry Tata, Singapore Airlines
Air India faces over Rs 22,500 crore loss in FY26, prompting urgent meetings between Tata Sons and Singapore Airlines to address financial and operational crises.
Indore Confectionery Production Halved Amid West Asia Crisis
Indore's confectionery manufacturers cut production by up to 50% as West Asia conflict drives up costs and disrupts logistics, hitting demand in price-sensitive rural markets.
India Hits Record $860 Billion Exports in FY26 Amid Global Headwinds
India's total exports, including goods and services, reached a historic $860.1 billion in FY 2025-26, growing 4% despite West Asia conflict and global economic pressures.
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Pimpri Chinchwad Societies Demand Action Over Water Supply
Residents in Pimpri Chinchwad demand strict action against developers who failed to provide water supply despite written undertakings, with societies spending lakhs on private tankers.
Business Boom on Raikot Road Before Halwara Flights
Commercial activity surges along Raikot Road in Ludhiana as businesses anticipate economic boost from upcoming Halwara airport flight operations, with new shops and services emerging.
Vedanta Plant Blast: 20 Dead, 30-Day Probe Ordered in Chhattisgarh
The death toll from the boiler blast at Vedanta's thermal power plant in Sakti district, Chhattisgarh, has risen to 20. Authorities have launched a time-bound magisterial inquiry to determine the cause and fix accountability for the tragic industrial acci
MP Attracts Rs 7,800 Crore FDI, Six Global Firms Invest
Madhya Pradesh has secured foreign direct investment of approximately Rs 7,800 crore over two years, with six international companies from the UK, Canada, USA, and South Korea advancing projects in pharmaceuticals, food processing, renewable energy, leath
Explosions at Pithampur Waste Facility Trigger Expanded Probe
Authorities intensify investigation into multiple explosions at a hazardous waste TSDF in Pithampur, restricting access and collecting samples amid local concerns and demands for impartiality.
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AC Prices in Ahmedabad to Rise 5% This Summer
Air conditioner prices in Ahmedabad are set to increase by about 5% this summer, driven by rising input costs, new energy-efficiency norms effective from 2026, and global pressures, though GST reductions help limit the impact.
India Rejects US Trade Probes, Calls for Bilateral Dialogue
India has formally rejected US Section 301 investigations on forced labor and excess capacity, urging bilateral resolution during ongoing trade negotiations. Talks between Indian and American officials are set to begin in Washington.
Sensex Soars 1,400 Points as West Asia Peace Talks Boost Markets
Sensex surged over 1,400 points, closing 1.6% higher at 78,111, driven by hopes of US-Iran peace talks and falling crude oil prices. Investors gained Rs 9.4 lakh crore as global markets showed mixed trends.
India's Double Oil Shock and Inflation Pains Explained
India confronts a double oil shock from global price volatility and supply disruptions, driving inflation and economic strain. Experts analyze impacts on fuel, food, and policy responses.
CBI Investigates Chennai Metrozone Project for Fraud
The CBI has filed a case against Ozone Projects Pvt Ltd, Axis Bank officials, and others for alleged subvention scheme violations and cheating homebuyers in the Metrozone project, following Supreme Court directives.
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Kerala's Gulf Economy in Flux, New Opportunities May Emerge
Reports of layoffs and hiring freezes in Gulf nations are causing anxiety for Kerala families reliant on NRI incomes, but experts suggest this crisis could spur new economic opportunities.
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