National Aluminium Co Ltd Share Price

Signs Technology Partnership Agreement with Emirates GA

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NALCO Signs EGA Technology Deal for Major Smelter Expansion

India-Argentina Update: Lithium, Pharma & Trade Expansion

The Fourth Meeting of the India-Argentina Joint Trade Committee (JTC) convened on August 24, 2026, in Buenos Aires, co-led by Indian Commerce Secretary Rajesh Agrawal to evaluate progress on the economic roadmap established during Prime Minister Narendra Modi’s 2025 visit. Bilateral trade surged over 17% to reach ₹56,205.5 crore ($6.50 billion) in 2025, establishing India as Argentina’s fifth-largest trading partner. Key momentum was highlighted in critical minerals, where Khanij Bidesh India Limited (KABIL) completed Phase II drilling for its inaugural lithium mining project in Catamarca, while expanding exploratory interests across Salta and Jujuy. Additionally, both nations advanced sanitary and phytosanitary negotiations to clear market access for Indian agricultural exports, including pulses, milk products, onions, grapes, potatoes, and bananas. Strategic progress extended to healthcare, digital infrastructure, and trade facilitation. Argentina committed to upgrading India from Annex II to Annex I within its regulatory framework, significantly lowering market entry barriers for Indian pharmaceutical products, alongside expanding cooperation in Ayurveda between ANMAT and India's CDSCO. Bilateral dialogues also prioritized telecom, 5G, AI, digital services, and space technology, while advancing the India-MERCOSUR Preferential Trade Agreement through digital certificates of origin. The session concluded with the India-Argentina Business Forum, featuring a delegation of over 25 Indian business leaders exploring partnerships across agriculture, energy, banking, and pharmaceuticals to deepen cross-border investment ties.

National Aluminium - A Strong play, Reverting to ATH

India’s 40-Year Mineral Tax Battle Has Reached a Turning Point

For almost 40 years, India fought over one simple question: Is royalty a tax? In 1989, the Supreme Court said yes. In 2004, another bench disagreed. Then, in 2024, a 9-judge Constitution Bench settled it: royalty is not a tax, and states can tax mineral rights and mineral-bearing land. But the story didn’t end there. In August 2026, Parliament passed the MMDR Amendment Bill, 2026, restricting states from imposing new taxes, cesses or levies on mineral rights and mineral-bearing land unless conditions prescribed by the Centre are met. The move aims to create a more uniform mining-tax framework. Why does this matter for investors? Think of a mining company like a truck carrying minerals. Every additional state-level charge is another toll on that truck. Fewer unpredictable tolls can mean: better cost visibility → easier planning → potentially better margins. ⛏️ Coal India

MMDR Amendment: Who Gains From India’s Mineral Policy Shift?

Understanding mineral policy helps investors identify potential sector beneficiaries by connecting regulatory changes with mining activity, royalties, costs, and supply. India’s mineral policy is entering an important phase. Mines Minister G. Kishan Reddy clarified that the MMDR Amendment Bill seeks to limit state levies on major minerals, while states would retain their powers over 49 minor minerals. But the debate is not over. Several states argue that restricting levies on mineral-bearing land could interfere with their constitutional and fiscal powers. For investors, the bigger question is what this means for India’s mining and metals ecosystem. If the framework eventually improves regulatory clarity and reduces uncertainty around mineral-related costs, large mining and metal companies could benefit from a more predictable operating environment. Potential Nifty 500-listed companies to study in this theme include Coal India