October 14, 2026
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India is accelerating efforts to reduce its dependence on China for rare earth minerals, with major industrial groups Reliance, Vedanta and Adani among companies showing interest in developing processing facilities in Andhra Pradesh. According to sources, nearly 10 firms have expressed interest in setting up rare earth projects in the state, which holds significant Continue Reading
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The Supreme Court of India on Monday declined to grant an interim stay on Adani Enterprises Ltd’s ₹14,543 crore resolution plan for bankrupt Jaiprakash Associates Ltd, dismissing a challenge filed by Vedanta Ltd. A bench led by Chief Justice Surya Kant and Justice Joymalya Bagchi directed Vedanta and other parties to pursue their objections before […]Continue Reading
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Indian billionaire Anil Agarwal has moved the Supreme Court of India challenging fellow tycoon Gautam Adani’s winning bid for the bankrupt Jaiprakash Associates, intensifying the battle over a $4 billion portfolio of prime assets. The portfolio includes real estate projects, power and cement units, and the country’s only Formula One track, the Buddh International Circuit. Continue Reading
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Cairn Oil & Gas, India’s largest private oil and gas producer, has reduced its production by 10%, bringing output down from 110,000 barrels per day. The decline is primarily attributed to shipping and logistics disruptions triggered by the ongoing crisis in the Middle East, the company’s founder Anil Agarwal said on Wednesday. The supply chain […]Continue Reading
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India’s Hindustan Zinc reported a 46.2% rise in third-quarter profit, driven by record-high silver prices and stronger zinc prices amid robust demand. The company’s consolidated net profit for the quarter ended December 31 rose to 39.16 billion rupees ($430.6 million), up from 26.78 billion rupees a year earlier. Spot silver prices surged 52.6% in the […]Continue Reading
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Vedanta Group Chairman Anil Agarwal has said that the only way to significantly increase mineral production in the short term is by maximising output from existing assets, as new mining projects typically take five to ten years to become productive. Quoting former Chinese leader Deng Xiaoping, Agarwal argued that results matter more than methods, stressing […]Continue Reading

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