October 14, 2026
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India’s Aditya Birla Group has proposed investing an additional $1.26 billion to significantly expand its alumina refinery at Kansariguda in Odisha. The project, to be carried out by Hindalco Industries, aims to increase the refinery’s production capacity from its current level to 3 million metric tons per year, strengthening the company’s presence in the Continue Reading
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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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India’s benchmark indices were largely unchanged on Thursday as persistent profit-taking outweighed gains in metal stocks following the U.S. Federal Reserve’s 25-basis-point rate cut. The Nifty 50 inched up 0.04% to 25,770.05, while the Sensex dipped 0.01% to 84,381.84 after both indices briefly rose at the open. Most major sectors declined, even as mid-caps and […]Continue Reading

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