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Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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US-China tariff war could benefit several sectors in India while harming a few others

President Joe Biden imposed fresh tariffs on Chinese products to protect American workers from unfa…

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Jindal Stainless Q2 net profit more than doubles to Rs 764 crore

Jindal Stainless Ltd (JSL) on Thursday said its consolidated net profit has more than doubled to Rs…

PTI   


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Firm domestic demand to keep India's steel imports elevated in 2023-24: Crisil

Strong domestic demand, supported by government spending on infrastructure, building and constructi…

ANI   


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Metal stocks gain from price rises and Chinese troubles

Almost all the top stocks in the Nifty Metals Index were trading in the green over a 30 day period …

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China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns

"It is important to the president and me that American firms and workers can compete on a level pla…

Aruni Soni   


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China can't boost its economy because its macro policy is 'too slow and reluctant,' Goldman Sachs says

Weak retail sales and potential labor market pressures show China's policy pushes haven't acted qui…

Kelly Cloonan   


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India's export of engineering goods to US grows by 6.8%, China's falls by 52.4%

The US remains the top destination for India's engineering goods exports in the financial year 2022…

ANI   


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Metal stocks have a mixed day after export duty withdrawal – Jindal Stainless, Apollo Tubes, SAIL stocks rise; Tata Steel, JSW Steel drag

Shares of Jindal Stainless, Apollo Tubes and SAIL witnessed a rise on Monday reacting to the withdr…

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Tata Steel, JSW, SAIL and JSPL will lose half of their export biz as government wages war on inflation

The government’s efforts to control rising prices of commodities could mean slow growth and lower p…

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Vibhor Steel Tubes continues impressive run, subscribed nearly 300 times on final day

The initial public offer (IPO) of Vibhor Steel Tubes Limited was subscribed over 100 times on the s…

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Jindal Steel, Vedanta and Tata Steel shed over a quarter of their value as their export dreams are quashed

A little less than half of the export business of all Indian steel companies will vanish – all than…

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Tata Steel, SAIL, Jindal Steel shares tumble up to 16% after the export tax shocker

India’s biggest steel makers’ stocks tumbled up to 15% after the government imposed export taxes of…

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Biden is fighting Trump's tough tactics by calling for tripled tariffs on Chinese steel imports

China's economy struggles to consume all it's producing, exporting the most steel since 2016 amid a…

Huileng Tan   


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Tata Steel back in black, posts ₹522 crore profit in Q3

Tata Steel on Wednesday posted a consolidated net profit of Rs 522.14 crore in the December quarter…

PTI   


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Indian steel demand boom to continue this fiscal : Crisil

The Indian steel sector has enjoyed a multi-year demand surge which will continue in the current FY…

PTI   


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Indian metal stocks become attractive after massive underperformance and signs of recovery in China, says Jefferies

Heightened macro concerns hit metal stocks despite some improvement in China’s demand. In the first…

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Naveen Jindal reveals that JSPL's steel exports have spiked since Covid-19 outbreak

In an interesting turn of events, leading steel manufacturer Jindal Steel and Power is now exportin…

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China's footprint in global supply chains will grow no matter who wins the US presidential election: analysts

A research group doesn't expect either Biden's or Trump's trade policies to reduce China's role in …

Huileng Tan   


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Indian metal companies to benefit from Russia’s supply disruption due to war with Ukraine

Shares of Indian metal companies were on an upward trend in a weak market, on Wednesday, as the Rus…