
Steel stocks tumble as govt imposes export duty
The government on Saturday hiked export duty on a range of finished steel products and iron ore.
The government on Saturday hiked export duty on a range of finished steel products and iron ore.
Power minister RK Singh has expressed concern that tender process for coal import has either not started or not completed in some states.
Coal availability at 106 out of 173 coal fired power plants have turned 'critical', says data from the Central Electricity Authority (CEA).
Value-added products, change in fuel-mix, inventory light model — and the inevitable price hikes are some of the steps India Inc. is taking to address volatile commodity prices.
Shares of major cement manufacturers ACC, Ambuja Cements, Ultratech Cement, Shree Cement and India Cement have fallen around 4% in the last five trading sessions.
Demand in China and India pushed global thermal electricity generation an estimated 9% in 2021 and will go up further by 2024.
The April-August fiscal deficit is at ₹4.68 lakh crore vs. the FY22 target of ₹15.06 lakh crore.
If done right, India has the unique opportunity to create such an ecosystem for turbo-charging the nation’s growth for many decades.
Why ReNew Power’s 400 MW round-the-clock renewable energy supply is a game changer for the power sector.
As if low efficiency, competition from renewable players, and fuel supply issues were not challenges enough for coal-based power plants, high pollution norms are likely to accelerate their demise.