July 22, 2026
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India will continue monitoring steel imports for at least the next two months before deciding whether additional measures are needed to curb rising shipments, particularly from China. Despite imposing a three-year import tariff on selected steel products last year, the country remained a net importer for the second consecutive month in May, highlighting ongoing concerns Continue Reading
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Ashok Leyland reported its highest-ever quarterly profit for the January–March quarter, driven by strong demand for commercial vehicles and record export volumes. The company posted a standalone profit of ₹14.05 billion, up 13% compared to the same period last year. Revenue from operations jumped 19% to a record ₹141.6 billion, supported by continued momentum in […]Continue Reading
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Hyundai Motor India reported a smaller-than-expected decline in fourth-quarter profit on Friday, supported by robust domestic and export demand for its higher-margin SUVs. The automaker posted a consolidated profit of 12.56 billion rupees for the quarter ended March 31, compared with 16.14 billion rupees a year earlier. Analysts had expected profit to fall further to […]Continue Reading
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Renault Group has initiated a major restructuring of its India operations, seeking approval from the National Company Law Tribunal (NCLT) to reorganize its business structure. The proposed plan involves separating its powertrain manufacturing activities into a dedicated entity, while integrating vehicle manufacturing and sales operations under a unified structure. The Continue Reading
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Disruptions caused by the Middle East conflict have unexpectedly benefited India’s cotton yarn industry, as demand from China surges. With global supply chains affected and shipments from countries like the U.S. and Brazil delayed, Chinese buyers are increasingly turning to India, the world’s second-largest cotton producer, for reliable supplies. Indian exporters are also Continue Reading

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