The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
As smartphones, laptops, televisions, electric vehicles, and household appliances become an integral part of modern life, electronic waste (e-waste) is emerging as one of the world's fastest-growing waste streams. Yet, every discarded electronic device contains more than just obsolete technology—it...
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Financial performance by Goyal Aluminium in the quarter ending March 2026 was very strong, and this is due to an increase in both revenue generation and profitability relative to the previous year. The firm generated standalone net sales worth INR 285.1 million (USD 3.34 million) for the March 2026...
Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh, met senior officials of RUSAL on the sidelines of the St. Petersburg International Economic Forum (SPIEF) 2026. The main objective was to discuss RUSAL’s potential investment in Andhra Pradesh and opportunities to expand...
Steel Strips Wheels has placed its aluminium wheel and aluminium knuckle project at the centre of its next growth phase, with construction and commissioning activities progressing at its Bhuj facility in Gujarat, India. The company is investing around INR 5 billion (USD 52.4 million) in the...
While observing the World Environment Day on June 5, 2026, celebration and upkeep of environmental values and sustainability goals become a must. A key takeaway emerges as we look at the sustainability initiatives adopted by Vedanta Limited and its branch, Hindustan Zinc Limited, recognising and...
Vedanta Aluminium has developed a hydrogeological blueprint for the Sijimali region in Odisha, with the aim of improving water availability and strengthening long-term water security. According to scientific studies conducted for the project, local water availability could increase by up to 200 per...
Rising geopolitical tensions in West Asia are continuing to support higher crude oil prices, while aluminium prices have climbed to four-year highs, creating different outlooks for India's oil and metals sectors. According to Bharat Subramanian, Vice President of Equity Research at BofA Securities,...
As the market continues to track Vedanta’s demerger exercise, the company has taken another step toward its proposed business separation. Vedanta Limited announced on June 3, 2026, that its power subsidiary, Talwandi Sabo Power Limited, has officially been renamed Vedanta Power Limited , following...
India’s crude oil and liquefied petroleum gas (LPG) imports have shown signs of recovery in May 2026 after supply disruptions caused by the Middle East conflict affected inflows during March and April. Liquefied natural gas (LNG) supplies have largely improved, outpacing the pre-conflict levels....
The Indian National Congress (INC), an Indian political party, has expressed concern to the Union Government over the proposed bauxite project at Odisha’s Koraput district. Mr Jairam Ramesh, the General Secretary of the INC, has referred to the Forest Rights Act, 2006, to safeguard tribal as well...
Automotive industry executive Vineet Sahni has joined Victura Group as Chief Executive Officer, a few weeks after stepping down as CEO and director of Fiem Industries. Headquartered in Faridabad, Victura Group manufactures precision components, sub-assemblies and systems for automotive OEMs and...
India’s cable and wire industry is expected to report revenue growth of 28-30 per cent in FY27, supported not only by infrastructure demand but also by tighter global supplies nd increasing prices of aluminium and copper, according to a report by Crisil Ratings. The sector is expected to benefit...
Odisha is advancing with the mining auction process for eleven mineral blocks across essential mining districts, reopening discussions around some of the state’s most coveted resource projects. Among the assets on offer is the Karlapat bauxite block in Kalahandi district, a deposit that has long...
Printmann Offset is accelerating its expansion in southern India with a new 150,000-square-foot manufacturing facility in Hyderabad, strengthening its presence in one of the country’s fastest-growing packaging markets. The Mumbai-based packaging company currently supplies cartons, labels, leaflets...
For more than a century, aluminium producers have lived by a simple rule of securing the cheapest electricity possible, and everything else becomes manageable. The logic was straightforward. Aluminium smelting is one of the most electricity-intensive industrial processes on earth. Every tonne of...
Worldwide Aluminium turned profitable in the March 2026 quarter, despite registering a fall in income for that particular period. The company registered a standalone net profit of INR 400 thousand (USD 5 thousand) in the March 2026 quarter, as against a net loss of INR 0.3 million (USD 0.004...
India’s downstream aluminium sector has urged the government to reconsider import duties on primary aluminium as manufacturers continue facing higher raw material and energy costs linked to the ongoing West Asia conflict. Industry groups said volatility in global aluminium prices and supply-chain...
Vedanta Group has received its highest domestic credit rating in over a decade after ICRA, an affiliate of Moody’s, upgraded the long-term ratings of key group entities to AA+. This reinforces confidence in the group’s strong operational performance along with its robust financial profile and...
Kolkata Metro Railway has completed the aluminium third rail upgrade across the underground section of its Blue Line, replacing the older steel-based traction system that had been in use for more than four decades. The upgrade is part of the metro’s broader infrastructure modernisation programme...
