India imposes three-year safeguard duty of up to 12% on steel imports

India imposes three-year safeguard duty of up to 12% on steel imports

Imports from China, Vietnam and Nepal will attract the duty, while certain developing countries and specialty steel products such as stainless steel are exempt. | Photo Credit: India has imposed a three-year import tariff ​of between 11% and 12% on ‌some steel products, according to ​a finance ministry order published on Tuesday, as the government […]

Macro data announcements, trading activity of foreign investors to drive markets this week: Analysts

Macro data announcements, trading activity of foreign investors to drive markets this week: Analysts

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. With only a handful of trading sessions left this year, Indian equity markets are expected to remain largely range-bound, […]

FPIs record worst-ever outflow of ₹94,976 crore in 2025 amid Rupee woes, tariff uncertainty

FPIs record worst-ever outflow of ₹94,976 crore in 2025 amid Rupee woes, tariff uncertainty

Foreign portfolio investors (FPIs) have pulled out a net ₹94,976 crore from Indian markets in the current calendar year up to December 26, marking a dramatic reversal from the net inflow of ₹1,65,769 crore recorded in 2024, as uncertainty around the US-India tariff deal, rupee depreciation and elevated valuations dampened investor sentiment. The equity segment […]

Indian Rupee weakness to continue through 2026: Report

Indian Rupee weakness to continue through 2026: Report

The Indian rupee is expected to show more weakness going ahead into 2026, according to a report by MUFG, a global financial group. In a report earlier this month, it forecast more weakness for the Indian rupee. It expects the Indian rupee to appreciate modestly above the 90 level in 2026, targeting 90. 80 by […]

Global steel production down 4.6% in Nov 2025

Global steel production down 4.6% in Nov 2025

The output of China—the largest steel producer—was down 10.9 per cent | Photo Credit: REUTERS Global crude steel production decreased by 4.6 per cent in November 2025 to 140.1 million tonnes (mt) compared with November 2024. According to the World Steel Association, the output of China — the largest steel producer — was down 10.9 […]

Entities allowed to use CoalSETU supplies for industrial use, exports

Entities allowed to use CoalSETU supplies for industrial use, exports

Coal supplies procured through the CoalSETU window can be utilised by an entity for its own consumption (industrial use), exports and washing. However, the commodity cannot be resold within the country. In a significant development on December 12, the Cabinet Committee on Economic Affairs (CCEA) approved the Policy for Auction of Coal Linkage for Seamless, […]

Smallcap, midcap stocks struggle behind blue-chip peer Sensex this year; outlook cautiously optimistic

Smallcap, midcap stocks struggle behind blue-chip peer Sensex this year; outlook cautiously optimistic

Smaller stocks lagged behind their bigger blue-chip peer Sensex this year as elevated valuations triggered profit-booking after a strong rally in the last two years. Analysts attributed the underperformance of smallcap and midcap indices in 2025 due to market normalisation after their exceptional outperformance in 2023 and 2024. Depreciation of the rupee, concerns over the […]