Saurav Anand

Critical minerals firm Lohum is set to operationalize its newly acquired Zimbabwe lithium mines to secure upstream supply, despite a 50% jump in procurement costs driven by West Asia disruptions.

Read this exciting story from Financial Express Mumbai June 02, 2026 issue. COMMERCIAL LPG PRICES HIKED BY ₹42

India's LPG consumption fell nearly 19% year-on-year in May, the steepest decline among major petroleum products, while petrol demand continued to grow faster than diesel amid changing fuel consumption trends.

India's cable and wire industry is expected to post revenue growth of up to 30% in FY27, driven by higher prices and sustained demand from power, renewable energy, real estate and data centre projects.

Rooftop solar installations may become costlier as new domestic sourcing rules for solar cells take effect. The mandate is expected to raise equipment costs while accelerating India's push for a stronger local solar manufacturing ecosystem.

India’s LPG imports rose nearly 25% in May as shipments from the US surged 73%, helping offset supply disruptions from Gulf producers amid the West Asia conflict.

Traffic through the Strait of Hormuz has fallen more than 90% from pre-war levels, with over 800 vessels stranded and disruptions expected into late 2026.

The Cabinet has approved a Rs 10,000-crore ATF price stabilisation fund to support airlines and oil retailers as jet fuel prices surge amid the West Asia conflict.

Hindustan Copper has awarded LOHUM the rights to revive and operate its Gujarat copper project under a 20-year revenue-sharing agreement amid rising domestic copper demand.

Nearly one in every four matches could be played in conditions exceeding heat-stress thresholds, a study finds.