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Fertiliser Ministry Seeks Additional Rs 3 Lakh Crore Subsidy Support Amid Hormuz Jolt: Govt Sources
The Finance Ministry is currently reviewing the request as global fertiliser prices continue to remain elevated due to geopolitical disruptions and supply chain uncertainties.
Introduction of Coal Exchanges marks a paradigm shift in coal marketing, says Ministry of Coal
Ministry of Coal has stated that the introduction of Coal Exchanges marks a paradigm shift in coal marketing by moving from the traditional "one-to-many" sales model to a competitive "many-to-many" trading platform. In a significant step towards modernizing India's coal supply chain, the Government has paved the way for the establishment of Coal Exchanges in the country. The recently enacted Mines and Minerals (Development and Regulation) Amendment Act, 2025 introduced the concept of a Mineral Exchange and empowered the Central Government to promote transparent and efficient trading of minerals, including coal and its processed forms. In pursuance of the above, the Coal Exchange Rules, 2026 have been published by Ministry of Coal in the Official Gazette on 04.06.2026.
Air India's foundations rebuilt, but aircraft delivery delays hurt growth plans: Campbell Wilson
Air India's CEO Campbell Wilson is stepping down. He states the airline has rebuilt its foundations. However, aircraft delivery delays and supply chain issues have impacted transformation and growth plans. Wilson expressed disappointment over these external factors. The next phase for Air India will focus on expansion with new aircraft deliveries expected.
How global events are influencing gold and silver prices in India
Gold and silver prices rise on MCX as investors eye US inflation data and West Asia tensions, with silver outperforming and analysts tracking supply chain risks.
Indian cancer patients battle shortage of key drugs as platinum costs surge
Cancer patients in India are struggling to find essential platinum-based drugs. A surge in global platinum prices and supply chain issues are causing shortages. This forces patients to search extensively for medication. Some drugmakers have reduced production. The situation puts immense pressure on the healthcare system and patients seeking treatment.
JSW Energy commissions wind blade manufacturing facility in Gujarat
JSW Energy announced the commissioning of its wind blade manufacturing facility at Halol, Gujarat, as part of its strategy to vertically integrate its wind energy value chain and strengthen supply chain resilience.
India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimistic
Despite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company executives express optimism for demand sustenance but advise a cautious approach for the next two to three quarters due to ongoing inflationary pressures and supply chain disruptions.
Packaging Firms Remain Upbeat On FY27 Growth Despite Raw Material Volatility Amid Middle East Crisis
India's leading packaging solution providers are navigating rising raw material costs, supply chain disruptions, and export uncertainties stemming from the ongoing geopolitical tensions in Middle East, but remain optimistic about stronger growth prospects in FY27.
World's hottest market has Korea bulls turning cautious after rally
Hedge fund Golden Horse Fund Management has trimmed exposure and added derivative protection, while M&G Investments has cut memory and foundry holdings to broaden out down the AI supply chain
Airbus delays XLR deliveries to IndiGo as war hits supply chain
Airbus faces delays in delivering its A321XLR jets. Indian airline IndiGo is unlikely to receive its full order this year. The Middle East war is cited as a reason for supply chain disruptions. IndiGo is negotiating for better delivery slots. These delays pose a challenge to IndiGo's international expansion plans.
RBI MPC Lowers GDP Growth Projections Amid West Asia War, Supply Chain Pressure
The panel saw "considerable risks" in its assessment of both inflation and growth, and said it would remain data dependent while monitoring supply-side pressures.
TVS Supply Chain Solutions board approves JV agreement with A.L.A Corporation
At meeting held on 04 June 2026