Saket Kumar

Saket Kumar

Volumes should continue to grow even if prices soften: Hindustan Zinc CEO

Company plans to double capacity to 2.1 million tonnes in 3-4 years, with expansion and rare-earth exploration underway

Updated On: 21 Oct 2026 | 11:12 PM IST

Hindustan Zinc Q2 net profit surges 142% to ₹6,412 cr on record Ebitda

Revenue rises 77% to Rs 15,093 crore, while zinc production costs fall 29% to $703 per tonne, aided by improved mined grades, higher output and renewable power use

Updated On: 19 Oct 2026 | 10:55 PM IST

Govt steps up support for miners in 13 countries amid geopolitical risks

The move assumes significance as the government has in recent months signalled its intention to support private-sector initiatives in overseas critical-mineral assets

Updated On: 18 Oct 2026 | 11:39 PM IST

Vedanta invests $600 million to double South African zinc capacity

Vedanta aims to produce 2 million tonnes annually through its subsidiary Hindustan Zinc Ltd and 1 million tonnes through Vedanta Zinc International

Updated On: 18 Oct 2026 | 6:40 PM IST

Coal Ministry proposes suspension of mining operations for plan violations

Draft rules allow authorities to suspend coal and lignite mining operations for violations of approved plans and require annual compliance declarations from company boards

Updated On: 16 Oct 2026 | 7:30 PM IST

India's metals, mining workforce to grow by 430,000 by 2035: McKinsey

McKinsey projects India's metals and mining workforce will expand by 430,000 by 2035, the largest rise globally, as its share of global metals revenue is set to reach 12%.

Updated On: 15 Oct 2026 | 6:51 PM IST

FM Sitharaman urges multilateral action on global steel overcapacity

Finance Minister Nirmala Sitharaman says unilateral tariffs only redirect surplus steel and calls for multilateral disciplines on subsidies, citing India's growing steel demand

Updated On: 12 Oct 2026 | 10:39 PM IST

Coal India denies crunch in supply to NTPC, says exceeded commitments

CIL says it supplied 97 million tonnes of coal to NTPC and its joint ventures in H1FY27, exceeding contractual commitments despite critically low stocks at several power plants

Updated On: 11 Oct 2026 | 10:09 PM IST

Draft steel policy eyes nearly threefold rise in capacity by 2047

Roadmap envisages major expansion in slurry pipelines with support from viability gap funding, a 39 per cent cut in emission intensity, 45 MT exports and measures to expand scrap use

Updated On: 11 Oct 2026 | 10:01 PM IST

India's mica industry seeks critical mineral tag to counter China's grip

With 60% of mica exports going to China, industry seeks critical mineral status, a 30% export duty and incentives to boost domestic value addition

Updated On: 10 Oct 2026 | 4:21 PM IST

Critical minerals stockpile policy likely in a month: Mines secretary

The policy will specify release protocols, including quantities and eligible recipients, as India seeks to reduce import dependence and secure supplies

Updated On: 09 Oct 2026 | 9:16 PM IST

NTPC plans ₹14,000 crore investment in Chhattisgarh gasification project

NTPC expects around ₹2,000 crore in government support for its proposed Talaipalli plant, which will produce synthetic natural gas and take four to five years to build.

Updated On: 07 Oct 2026 | 10:33 PM IST

Spot electricity prices double amid demand surge and coal crunch

Most NTPC plants have coal stocks for just 7 days

Updated On: 06 Oct 2026 | 11:41 PM IST

CIL steps up coal supplies to power plants amid availability concerns

Power-sector coal despatches rose 10.6 per cent year-on-year in September, while daily supplies remained robust in early October as CIL drew down pithead inventories

Updated On: 05 Oct 2026 | 8:52 PM IST

Govt invites applications from eligible firms to set up mineral exchanges

IBM has invited applications from eligible companies to establish mineral exchanges, with the platforms initially allowed to facilitate trading in five minerals

Updated On: 05 Oct 2026 | 7:17 PM IST

Coimbatore MSMEs seek steel duty relief as raw material prices surge

Industry associations have sought a six-month relaxation of steel import duties and quality control orders, along with government steps to improve raw-material supplies

Updated On: 05 Oct 2026 | 5:47 PM IST

Niti Aayog member Rajiv Gauba calls for light-touch regulation for growth

Gauba said the state should be firm where risks are high and light-touch where risks are low, while remaining predictable in both cases

Updated On: 04 Oct 2026 | 7:19 AM IST

Coal India raises September supplies 12.5% amid growing demand for power

Supplies to the power sector rose 10.63 per cent to 48.9 million tonnes in September, while coal production increased 9.18 per cent to 53.5 million tonnes, CIL said

Updated On: 01 Oct 2026 | 9:36 PM IST

Mines ministry launches auction of two mineral blocks in the Andaman Sea

The blocks contain polymetallic nodules and crusts with cobalt, nickel, manganese, copper and rare earth elements; bids can be submitted until December 28 at 5 pm

Updated On: 01 Oct 2026 | 9:25 PM IST

Mines ministry to auction two offshore mineral blocks in Andaman Sea

Two Andaman Sea blocks will be offered for composite licence as the government seeks to attract investment, boost exploration and strengthen long-term mineral security

Updated On: 30 Sep 2026 | 7:56 PM IST