Category : Search result: Indian metals sector


Hindalco Q2 Profit Soars 21% to ₹4,741 Crore

Hindalco Industries reports stellar Q2 FY2024 performance with consolidated PAT climbing 21% YoY to ₹4,741 crore. Revenue reaches ₹55,600 crore while EBITDA hits record ₹6,536 crore. Novelis emerges as key growth driver with strong aluminum demand.

Polaris Deploys 10M Smart Meters Across India

Polaris Smart Metering is transforming India's power sector with 10 million smart meters deployment nationwide. Discover how they're doubling market share and revolutionizing energy management.

Adani's Kutch Copper Signs Australian Supply Deal

Adani Enterprises' copper subsidiary signs landmark MoU with Australian mining firm Caravel Minerals, securing long-term copper concentrate supply for India's growing green energy needs.

Aluminium Hits 2-Week Low as Metals Slide

Industrial metals face significant pressure as aluminium hits two-week low amid declining inventories and mixed global economic signals. Get expert analysis on market trends.

Gold Soars Post-Trump: Rally May Continue

Gold prices have surged dramatically since Trump's election victory, hitting record highs. Experts predict the rally may continue through 2025. Discover what's driving this unprecedented gold boom and what it means for Indian investors.

India's Platinum Imports Surge 169%: Market Shift

India witnesses unprecedented 169% growth in platinum imports as global economic shifts drive demand. Discover how silver, gold, and forex fluctuations are creating new opportunities in the precious metals market.

Gold's Wild Ride Calms: Quiet Phase Ahead?

After weeks of dramatic swings, gold prices show surprising stability. Experts analyze whether this signals a temporary lull or the calm before another storm in bullion markets.

Gold prices gain 0.3% on MCX as dollar retreats

Gold prices gained momentum on MCX, rising 0.3% to cross ₹120,100 per 10 grams as US dollar retreated. Silver also witnessed buying interest. Get latest commodity market insights and price trends.

PSU Banks Record ₹49,456 Cr Profit in Q2

India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.

Putin Orders Rare Earth Mining Plan Amid Global Race

Vladimir Putin orders urgent development of Russia's rare earth mining capabilities as global competition intensifies for these critical minerals essential for modern technology and defense systems.

Gold Slides ₹11,000: Buy the Dip or Wait?

Gold prices tumble as dollar strengthens while silver gets festive boost. Expert analysis reveals whether you should buy the dip or wait for more correction in precious metals.

Manaksia inks ₹500 crore European export deals

Indian manufacturing giant Manaksia Coated Metals & Industries secures multiple European partnerships worth ₹500 crore, marking significant export growth for coated steel products.

Powercom Contract Workers Strike in Jalandhar

Contract workers at Punjab State Power Corporation Limited stage massive protest in Jalandhar, demanding job security and opposing privatisation moves that threaten their livelihoods.

Gold prices cross ₹1 lakh in India, FOMO drives buying

India witnesses unprecedented gold rush as prices cross ₹1,00,000 per 10 grams. World Gold Council reveals FOMO psychology driving purchases despite record highs. Discover why Indian consumers are buying like never before.

US Slams China's Rare Earth Export Curbs as 'Mistake'

US Treasury's Scott Bessent calls China's rare earth metals export restrictions a 'real mistake' that could backfire, potentially accelerating global efforts to find alternatives and reduce dependency.

China Scraps Gold Tax Perks, Markets Stunned

In a dramatic policy shift, China eliminates gold tax incentives, triggering major sell-off and reshaping global bullion market dynamics. Expert analysis inside.

Gold surges ₹2,200 in Delhi, hits ₹125,600/10g

Gold prices in Delhi soared by ₹2,200 to reach ₹125,600 per 10 grams amid global cues and festive demand. Silver also gained significantly, climbing ₹1,800. Get complete market analysis and price trends.

Gold Prices Drop to ₹121,290/10g Amid US-China Trade Optimism

Gold prices in India witnessed a significant decline, dropping to ₹121,290 per 10 grams as easing US-China trade tensions reduced investor appetite for safe-haven assets. Silver also followed the downward trend in precious metals market.

India's ₹3 Lakh Crore Discom Debt Crisis

India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?

Gold, Silver Prices Drop as Fed Tone Erodes Demand

Gold and silver futures witnessed significant declines as Federal Reserve's firm monetary policy and positive US-China trade developments reduced demand for safe-haven assets. Key factors driving the precious metals market downturn explained.

Gold vs Silver: Post-Fed Rate Cut Investment Guide

As the US Federal Reserve signals rate cuts, discover whether gold or silver offers better investment potential in 2024. Get expert insights on price targets, market trends, and strategic allocation.

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