Rangarajan likely to act as referee

C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, could soon be playing referee between finance and petroleum ministries over export parity pricing of petroleum......

Pricing weakness likely to weigh on Indian steel companies' stocks

Steel companies are witnessing margin pressures in Q2FY25 and this may persist until China sees growth recovery. Photograph: Wolfgang Rattay/Reuters For some categories of steel prices are at......

Reliance ends rebate to PSUs

In another blow to public sector oil companies, Reliance Industries Ltd has stopped the discount it offered on diesel and petrol sold to these firms.The country's only private sector refiner was......

Global supply, margin pressures overhang for Indian steelmakers' stocks

Analysts are advising a cautious stance on the steel sector due to a combination of factors. Photograph: Babu/Reuters The major one is that China has maintained momentum on steel exports in CY24......