NMDC raises iron ore prices
The Hindu
NMDC raises iron ore prices by ₹100 for Baila Lump and ₹50 for Baila Fines, effective March 6.
NMDC has increased iron ore prices by ₹100 a tonne for Baila Lump and ₹50 for the same quantity of Baila Fines effective March 6.
The new per tonne price of Baila Lump is ₹4,800 and Baila Fines ₹4,050. These are FOR prices that are exclusive of royalty, DMF, NMEDT, cess, forest permit fee, transit fee, GST, environmental cess and other taxes, NMDC said in a filing.
India’s largest producer of the key raw material of steel, it had previously revised the price on February 10. It was an increase of ₹100 a tonne each then and took the price, per tonne, of Baila Lump to ₹4,700 and Baila Fines to ₹4,000.
India's Petroleum Minister assures no energy shortage, emphasizing sufficient fuel stocks and stable supply amid global challenges.
Indian markets fell over 1% as West Asia conflict and rising crude oil prices hit investor sentiment amid foreign fund outflows.
PM Modi urges farmers to enhance India's agricultural exports by focusing on high-value crops and natural farming for global competitiveness.
Govt directs refiners to boost LPG production, ensuring supply prioritization for domestic consumers through public sector oil companies.
U.S. “allowing” India to import Russian oil will help mitigate price spikes and delays, say analysts
U.S. allows India to import Russian oil for 30 days to ease price spikes, prompting political backlash against Modi’s government.
India engages with multilateral agencies and U.S. DFC for shipping insurance to ensure secure fuel supplies amid ongoing conflicts.
Stock markets decline as geopolitical tensions in West Asia and foreign fund outflows dampen investor sentiment and U.S. equity weakness.
Rupee gains 2 paise to 91.62 against the U.S. dollar amid geopolitical tensions and foreign fund withdrawals.
U.S. grants India a 30-day waiver to purchase Russian oil to stabilize global supply amid West Asian conflicts.
Suspended flights and shipping surcharges are crippling South Indian exporters, disrupting vital supply chains for perishable goods.
Bank of Baroda raises ₹10,000 crore through Green Infra Bonds, marking a milestone in India's ESG bond market.
Stock markets rebound as Sensex rallies 899 points, driven by global equity gains and ending a three-day decline.
Sebi mandates custodians to separate regulated and unregulated services through distinct units, enhancing governance and risk management standards.