Coal supply remains comfortable despite monsoon: Government

Domestic coal supply for the power sector remained comfortable during July. Total coal stocks reached approximately 148 million tonnes, sufficient for 62 days. Production and despatches saw robust growth, supporting this comfortable supply situation. Coal receipts at thermal power plants also registered significant year-on-year growth. The ministry remains committed to ensuring uninterrupted energy security for…

Primary steel makers may maintain Rs 11K per tn operating profitability in FY27 despite cost pressure

Primary steel producers expect steady operating profitability this fiscal year. Higher global steel prices and safeguard duties will support profit margins. Domestic steel demand is projected to grow between five and seven percent. This growth will be driven by infrastructure and other key sectors. Strong demand and steady profits will strengthen cash accruals for companies.