As India races aggressively toward an ambitious national steel capacity target of 600 million tonnes, major domestic players are sounding the alarm bells over structural vulnerabilities. Jayant Acharya, joint managing director and CEO of JSW Steel, has openly called for a massive acceleration in domestic iron ore mining auctions and strategic investments in coal washeries to support this long-term...

Prime Minister Narendra Modi recently inaugurated key Reserve Bank of India (RBI) infrastructure facilities in Odisha, delivering a powerful message emphasizing that India's economic progress must be defined by inclusive and balanced regional development. This strategic expansion of central banking infrastructure into eastern India underscores the government's ongoing commitment to strengthening f...

In a strategic shift that has reverberated across the global automotive and motorsports landscape, Renault has officially concluded its long-standing association as a Formula 1 engine provider effective 2025. This historic decision marked the end of an era for the French manufacturer on the premier racing grid. However, a silver lining has emerged through a pivotal agreement between Alpine Racing ...

Shares of Paras Defence & Space Technologies traded lower in early trade on Wednesday even after the company announced plans to invest around Rs 6,200 crore in a greenfield semiconductor packaging facility in Madhya Pradesh.At 9:29 am, the stock of Paras Defence was down 1.10% on the NSE.The company said its subsidiary, Paras Semiconductors Pvt Ltd, has signed a memorandum of understanding (MoU) w...

Bank Nifty rose more than 1 percent on Tuesday, with all 14 constituents of the banking index trading in the green, after the Reserve Bank of India unveiled details of a concessional forex swap facility. The concessions are aimed at encouraging overseas fund raising by banks and public sector enterprises.The banking pack led gains on Dalal Street, helping benchmark indices recover after two days o...