India’s aluminium prices hit record highs in early 2026, tracking LME’s surge above $3,000/ton, driven by tight global supply, China’s capacity limits, high energy costs, tariffs, and strong Indian demand, keeping domestic premiums elevated and outlook volatile through the year.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.