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NEWS

Tata Steel commissions scrap-based plant in Ludhiana as it expands low-carbon steel push

By Cygnus | 20 Mar 2026

Tata Steel commissions a scrap-based steel plant in Ludhiana, boosting low-carbon production and supporting India’s circular steel economy.

Power minister highlights energy security as India expands non-fossil capacity

By Axel Miller | 20 Mar 2026

India’s power minister highlights energy security and rising demand as the country expands non-fossil fuel capacity and reforms DISCOMs.

U.S. solar expansion highlights reliance on imported equipment amid policy push

By Cygnus | 20 Mar 2026

U.S. solar expansion efforts continue to rely on imported equipment, as companies navigate trade policies and supply chain constraints.

India sees early competition in semaglutide as drugmakers prepare lower-cost versions

By Axel Miller | 20 Mar 2026

Indian pharmaceutical companies are exploring lower-cost semaglutide options, aiming to expand access to diabetes and obesity treatments.

Essar’s Mesabi Metallics project advances as financing efforts continue

By Cygnus | 20 Mar 2026

Essar Group continues to advance its Mesabi Metallics iron ore project in Minnesota as it seeks financing to complete the DR-grade pellet facility.

Novartis to buy breast cancer drug candidate from Synnovation in up to $3 billion deal

By Axel Miller | 20 Mar 2026

Novartis will acquire a breast cancer drug candidate from Synnovation Therapeutics in a deal worth up to $3 billion, boosting its oncology pipeline.

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.