A host of macroeconomic data announcements, global trends and trading activity of foreign investors would dictate investors' sentiment in the stock market this week, analysts said. Besides, auto sales data will be closely tracked, experts noted.
Afghan Acting Foreign Minister Amir Khan Muttaqi met Federation of Indian Chambers of Commerce and Industry (FICCI) members on Monday to discuss opportunities in his country, especially in the mining sector. The Taliban, who now control Afghanistan, is seeking to repair its ties with New Delhi, and is hopeful of Indian public and private sectors increasing investments in the mining and power sector, and greater trade and commerce.
The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said.
As it gains commercial viability, the food will likely become a powerful political currency.
Ban fiats, freezes and new levies are ensuring a drying up of operations and new investments, complain companies.
In June last year, India unveiled its first list of 29 critical minerals open for private sector exploration and mining. Since then, 38 critical mineral blocks have been auctioned, but only 14 - less than 37 per cent - have found bidders. This modest achievement was secured only after the Centre conducted a second round of auctions when the first round fell flat, failing to attract the minimum required bidders.
The output has seen a decline due to the ban in Karnataka and Goa.
India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Cte d'Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.
Of the total 199 small and medium enterprises (SMEs) listed this year so far, 22 had an issue size of less than Rs 10 crore, which the Securities and Exchange Board of India (Sebi) will no longer allow in the listed ecosystem after its recent consultation paper. The market regulator on Tuesday proposed an overhaul of the rules governing the initial public offerings (IPOs) of SMEs and corporate governance norms for listed SMEs, following concerns over 'systemic risk' seen in the ecosystem with instances of fund diversion and price manipulation.
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
Gautam Adani's plan to build one of the world's biggest coal mines in Australia has been hampered time and again.
The central government is expected to complete the auction of the 5.9-million tonne (mt) lithium reserves discovered in the Reasi district of the northern Union Territory (UT) of Jammu & Kashmir (J&K) by the end of this calendar year, Union Mines Secretary Vivek Bharadwaj said on the sidelines of the launch of the Federation of Indian Chambers of Commerce and Industry (Ficci) report on 'New-Age Energy Minerals' on Tuesday. "Auction will be over by the end of this year," said Bharadwaj, adding, "We have already recommended a transaction advisor to the J&K government for the auction of lithium reserves." However, the exact timeline for an auction will be decided by J&K authorities, Union mines minister Pralhad Joshi said in Parliament last month.
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
The group of ministers' September 17 decision that mining companies should share 26 per cent of their profits with displaced people in addition to providing employment and other assistance in accordance with the rehabilitation and resettlement policy of the state government concerned will frighten away any private entrepreneur.
Karnataka proposes to auction 15 of its Category-C mines to end-users.
Experts believe the surge in illegal mining is due to vested interests of politicians
The mining industry demanded a long term freight policy to make it more cost-competitive to enable miners contribute in containing inflationary trends within the economy. The mining industry body criticised the Railways for re-classifying iron ore in category-180 from 170 from Tuesday besides hiking the port congestion surcharge on exports of the mineral from 60 to 100 per cent from April 15. The iron ore industry fetches highest revenue for the Railways after coal.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
Adani intends to ship most of the coal from the mine to India.
An Australian environmental group has launched a legal challenge against Adani Enterprises' $7 billion Carmichael coal mine project in the Galilee Basin.
The new mining policy must be rock solid
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
He was the mastermind in laying many an ambush, triggering bomb blasts and other subversive activities.
Benchmark equity indices Sensex and Nifty ticked higher for the ninth straight session on Thursday, buoyed by fag-end buying in banking, financial and realty stocks amid encouraging domestic retail inflation data. Weak trends in IT counters and fall in the overnight US equity markets triggered by fresh concerns over recession, however, put a check on market's uptrend. In a largely subdued session, the 30-share BSE Sensex went up marginally by 38.23 points or 0.06 per cent to settle at 60,431.
Katrina wishes Sunny... Plabita's pretty pictures... Laxmi Raai glows...
Automobile retail sales in India clocked best-ever performance last month aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles, automobile dealer' body FADA said on Friday. The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021. "November 2022 has clocked highest retails in the history of Indian automobile Industry with March'20 as an exception when retails were higher due to BS IV to BS VI transition," Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.
'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.
Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.
'My father's life sends a message that there are positive things happening between India and China, no matter what happens at the border.'
The judiciary has sent a strong message against crony capitalism.
Adani, GVK win Australian state backing to expand coal port.
The former McKinsey India head is presently on board of many big Indian conglomerates.
India is expected to cut imports by a fifth in the fiscal year.
Adani has blamed opposition to its mine for delays in moving the $7 billion project to the construction phase
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
They, however, called off their nationwide strike
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Zama, however, said the unions would keep resisting any move that could undermine the position of Coal India.
Due to lower output from mines, utilities and factories, the July factory output data came down to 0.5 per cent year-on-year, the government data showed on Friday, down from June's revised 3.9 per cent rise.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances