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India Business · Monday, 20 July 2026 · Issue 47 · 8 stories

Cube Highways IPO, JSW Steel bets on West Asia rebuild

Markets & Indices

Companies & Earnings

JSW Steel eyes West Asia rebuild demand, flags cheap import surge

JSW Steel says post‑war rebuilding in West Asia will spark fresh steel demand, but warns that cheap surplus from China, Japan and Russia could flood India, threatening domestic margins. The firm backs the warning with a pending anti‑dumping probe, stressing the need to keep imports in check while seizing export opportunities.

livemint.com ↗4 min read at source

Economy & Policy

Banking & Finance

FCNR(B) inflows could drop to $55bn as Middle East conflict curtails deposits

HDFC Bank says FCNR(B) deposits may total only $50‑55 billion, far below the $60‑80 billion originally projected. Tax on interest, tighter West Asian liquidity rules and a client‑onboarding ban in Dubai have throttled non‑resident inflows as the RBI incentive window closes Sept 30. The shortfall could pressure the bank’s leverage‑driven growth plan.

Global Cues & Commodities

You’re caught up.

That was all 8 stories in the 20 July issue.