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SC junks plea against green nod for Adani MP project
The Supreme Court has dismissed a petition challenging forest land diversion for an Adani group coal mining project in Singrauli, Madhya Pradesh. The court also rejected a plea against the Madhya Pradesh government's approval. An activist had sought to declare the area an eco-sensitive zone, citing its importance as an elephant corridor and a biodiverse forest.
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache
In the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia is inflating the cost of coking coal imports, intensifying the financial strain. Yet, domestic production is holding its ground. The industry is pivoting towards enhancing operational resilience and implementing smart cost management to tackle these obstacles.
India's core industries grow at 1.7% in Apr-26, Cement production continues to spike
The combined Index of Eight Core Industries (ICI) increased by 1.7 per cent (provisional) in April, 2026 as compared to the Index in April, 2025. The production of Cement, Steel and Electricity recorded positive growth in April, 2026. The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). The final growth rate of Index of Eight Core Industries for March 2026 was observed at 1.2 per cent. The cumulative growth rate of ICI during April to March, 2025-26 is 2.7 per cent as compared to the corresponding period of last year.

Stocks to Watch for May 18: Vodafone Idea, REC, PFC, RBL Bank, Tata Steel, Coal India and more
From Vodafone Idea reacting to its results and fund raising approval to REC and PFC's update on their merger, there are plenty of stocks that should be on your radar going into Monday's trading session on May 18. Here is the complete list:
Sunflag Iron & Steel Company wins bids for Tambia South Coal Block in Madhya Pradesh

Vodafone Idea, Bharat Coking Coal, Adani Power, Nazara Tech among the most traded stocks on NSE today, 15 May 2026 - Mint
Vodafone Idea, Bharat Coking Coal, Adani Power, Nazara Tech among the most traded stocks on NSE today, 15 May 2026Mint
Coal India commissions 100 MW solar power project in Gujarat
State-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's renewable energy expansion. The project received its commissioning certificate from Gujarat Energy Development Agency. This development comes as Coal India aims to increase its solar capacity. The company is working towards becoming a Net Zero energy entity.
Coal India, UltraTech, Sun Pharma, PSU banks: Mayuresh Joshi’s stock calls
Mayuresh Joshi, Director Research, Marketsmith India, says Coal India’s weak volumes and realisations limit upside despite about 6% yield, while UltraTech’s double-digit volume outlook supports steady performance. He flags near-term demand risks for Jindal Stainless but sees long-term potential, prefers pipe plays like Welspun Corp, and remains selective on PSU banks. On Sun Pharma, he sees long-term gains but near-term execution and margin risks.

Bharat Coking Coal shares decline 4% after weak Q4 results; Co reports revenue drop, operating loss
Bharat Coking Coal has also revised prices of its washed coking coal. The board has also approved the mechanism of import parity pricing. In-line with its MoU with SAIL, the company's board approved the price of washed coking coal, effective from April 1, 2206 for the first quarter of this fiscal.

Vedanta Demerger — Here's what is in store for nearly 21 lakh retail shareholders
Vedanta has the largest aluminium capacity in India which is more than 2.5 MT and is headed towards 3 MT. Therefore, the company gains on the volumes front but what also helps is that they have focused on backward integration, with their alumina capacity moving to 5 MT while captive coal is also expected to ramp up drastically.
Big Money Moves: 11 large-cap stocks where institutional investors raised stakes in Q4FY26
Institutional investors increased stakes across major NSE large-cap stocks in March 2026, signaling confidence in fundamentals and future growth. Companies like Adani Power, Axis Bank, NTPC, and Coal India saw modest rises, supporting improved governance, liquidity, and price stability trends.
Steel makers set for profit surge in March quarter
Steelmakers are poised for a significant profit surge in the March quarter, driven by a new protectionist measure and seasonal demand. Higher prices and volumes are expected to outweigh increased coking coal costs, with SAIL projected to see the sharpest profit growth. India's improved trade balance and resilient domestic demand further bolster the sector's outlook.