Lower house passes amendments curbing states power to tax minerals

The Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026 on Wednesday. This bill curbs state powers to tax mineral rights. Mining minister G Kishan Reddy said, "excessive fiscal burdens make mining operations commercially unviable." The move aims to create a uniform fiscal framework across the country.

JSW Dulux’s profit from retained business doubles on year in June quarter

JSW Dulux’s profit from retained business more than doubled year-on-year in the June quarter to Rs 135.5 crore. The company said 25% volume growth helped this performance. The board also approved a 10-for-1 stock split. Rajiv Rajgopal said, “Q1 FY2026-27 started on a strong note as we made solid progress.”