NEWS
ArcelorMittal Nippon Steel India to begin ₹70,000 crore Andhra Pradesh steel plant next week
By Cygnus | 19 Mar 2026
ArcelorMittal Nippon Steel India begins construction of largest greenfield steel plant near Visakhapatnam, Andhra Pradesh. Phase I investment of ₹70,000 crore with operations expected by 2028–29.
Tesla chip strategy evolves as industry focus shifts to advanced nodes
By Axel Miller | 19 Mar 2026
Tesla continues to develop custom chips for AI and autonomous functions while partnering with advanced semiconductor foundries as the industry moves toward next‑generation process technologies.
India sees bottled water price pressure amid packaging cost increases
By Cygnus | 19 Mar 2026
Bottled water prices in India are seeing upward pressure in early 2026 as packaging and logistics costs rise, partly offsetting the impact of the September 2025 GST rate cut.
Asia’s Russian fuel imports poised to hit record high after U.S. sanctions waiver
By Axel Miller | 19 Mar 2026
Asia is set to import over 3 million tonnes of Russian fuel oil in March 2026 after a U.S. waiver allows stranded cargoes at sea to reach ports, providing temporary relief to high-sulphur fuel oil markets.
Musk confirms Tesla and SpaceX will continue ordering Nvidia chips at scale
By Cygnus | 19 Mar 2026
Elon Musk confirms Tesla and SpaceX will keep ordering Nvidia chips at scale as AI compute demand continues to rise.
India reviews shipping insurance risks as West Asia tensions raise costs
By Axel Miller | 19 Mar 2026
India is monitoring rising war-risk insurance premiums on oil and LNG shipments via the Strait of Hormuz. No supply disruption reported so far.
India monitors LNG supplies, says adequate gas available; no disruption reported
By Cygnus | 19 Mar 2026
India reports stable LNG supply with no disruption despite West Asia tensions. Officials say contingency plans and gas prioritisation are in place.
Manappuram Finance says Bain Capital investment subject to regulatory approvals
By Axel Miller | 18 Mar 2026
Manappuram Finance says Bain Capital’s proposed investment is subject to RBI and regulatory approvals, with no confirmed completion timeline.
Samsung, AMD deepen collaboration amid rising demand for AI memory
By Cygnus | 18 Mar 2026
Samsung and AMD expand collaboration in memory and AI chips as demand for high-bandwidth memory rises globally.
India approves support for cotton procurement under MSP, clears CCI dues
By Axel Miller | 18 Mar 2026
India approves financial support for Cotton Corporation of India to sustain MSP procurement and protect cotton farmers from price volatility.
Poland’s Tusk urges EU to maintain support for industry under carbon market rules
By Cygnus | 18 Mar 2026
Poland’s Prime Minister Donald Tusk urges the EU to support industry under its carbon market as member states raise concerns over rising costs.
Tencent signals higher AI investment as gaming and advertising support growth
By Axel Miller | 18 Mar 2026
Tencent plans to boost AI investment as strong gaming and advertising revenue supports growth, while chip restrictions reshape its technology strategy.
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