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US-Iran deal offers relief to Korean economy, but lower energy prices may take time

US-Iran deal offers relief to Korean economy, but lower energy prices may take time

Hormuz Reopening Eases India''s Oil Supply Risks and Inflation

Hormuz Reopening Eases India''s Oil Supply Risks and Inflation

Daily News Update From Sarkaritel: June 15, 2026

Daily News Update From Sarkaritel: June 15, 2026

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

Grain futures open modestly lower after U.S., Iran say they've reached deal to reopen Strait of Hormuz

Grain futures open modestly lower after U.S., Iran say they've reached deal to reopen Strait of Hormuz

Europe chems stocks rally to near 2026 high but firm oil prices to linger

Europe chems stocks rally to near 2026 high but firm oil prices to linger

India hikes diesel, ATF export levies from June 16

India hikes diesel, ATF export levies from June 16

First LNG Tanker Clears Hormuz After U.S.-Iran Deal Announcement

First LNG Tanker Clears Hormuz After U.S.-Iran Deal Announcement

China’s Return to the Oil Market Could Boost Inflation

China’s Return to the Oil Market Could Boost Inflation

Japanese Shipping Companies Hold Back Despite Hormuz Deal

Japanese Shipping Companies Hold Back Despite Hormuz Deal

Rajasthan Sees Rs 150 bn Investment Momentum

Rajasthan Sees Rs 150 bn Investment Momentum

US-Iran peace deal may help boost India's exports, stabilise rupee

US-Iran peace deal may help boost India's exports, stabilise rupee

Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit

Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit

Oil falls on optimism over US-Iran peace deal; Brent crude at below $90/bbl

Oil falls on optimism over US-Iran peace deal; Brent crude at below $90/bbl

Wright says U.S. refiners can handle more Venezuelan oil

Wright says U.S. refiners can handle more Venezuelan oil

Northwest European gasoline margins climb despite crude decline

Northwest European gasoline margins climb despite crude decline

Our Resources Can Provide The Solutions To Our Economic Problems

Our Resources Can Provide The Solutions To Our Economic Problems

The Case of Flex-Fuel Vehicles in India’s Energy Transition

The Case of Flex-Fuel Vehicles in India’s Energy Transition

Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMG

Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMG

Saudi Arabia Reaffirms Crude Oil and Naphtha Supply to Korea... Expands Cooperation to Minerals and AI

Saudi Arabia Reaffirms Crude Oil and Naphtha Supply to Korea... Expands Cooperation to Minerals and AI

Latest Market News

Daily Report News

Pune Metro Expansion Gains Local Technology Boost

Pune Metro Expansion Gains Local Technology Boost

Infrastructure & Construction

Pune Metro's expansion advances with new train propulsion and control technology procurement for rolling stock. This boosts domestic manufacturing, enhances public transport efficiency, and supports sustainable urban mobility, reducing congestion and emissions.

1018

Pune Faces Weather Split Between Heat And Rain

Pune Faces Weather Split Between Heat And Rain

Infrastructure & Construction

Pune faces a weather split with expected rain and thunderstorms amid Maharashtra's heatwave alerts. This unpredictable climate poses significant challenges for urban infrastructure, water management, and agriculture, demanding stronger resilience measures.

88

Chennai Water Storage Concerns Revive Desilting Plans

Chennai Water Storage Concerns Revive Desilting Plans

Infrastructure & Construction

Chennai's reservoirs are at half capacity, reviving desilting plans to boost water storage before monsoon. Experts urge action for climate resilience and efficient water management amidst declining levels and pollution concerns.

Chennai Metro Extension Near Government Review

Chennai Metro Extension Near Government Review

Infrastructure & Construction

Chennai's 5.7 km underground metro extension (Light House to Madras High Court) with 4 stations, costing ₹4,300 crore, nears Tamil Nadu government review. It aims to boost public transport and connectivity.

1116

Chennai High Rise Building Approvals Accelerate

Chennai High Rise Building Approvals Accelerate

Infrastructure & Construction

Chennai's high-rise building approvals are now under CMDA, removing state clearance. This aims to shorten timelines, accelerate urban growth, improve ease of business, and unlock investments, though sustainability scrutiny is crucial.

Chennai Milled Road Raises Safety Risks

Chennai Milled Road Raises Safety Risks

Infrastructure & Construction

Chennai's Raju Street has over 400 metres of milled road unfinished for weeks, posing safety risks. Bitumen price fluctuations caused delays, but completion is now expected shortly, addressing commuter concerns.

66

Bengaluru Monsoon Forecast Signals Continued Rain This Week

Bengaluru Monsoon Forecast Signals Continued Rain This Week

Infrastructure & Construction

Bengaluru faces continued monsoon rain this week, straining transport, drainage, and infrastructure. The prolonged wet spell highlights urgent needs for climate-resilient urban planning, upgraded systems, and preparedness to manage growing challenges and economic impacts.

Chennai Waste Management Upgrade Targets Inner Roads

Chennai Waste Management Upgrade Targets Inner Roads

Chennai is investing nearly ₹18 crore to procure 40 new vehicles, including 10 electric sweepers, to modernize its waste management fleet. This upgrade targets inner roads and aims to improve collection and cleaning services.

Bengaluru Startup Funding Boost Strengthens Tech Leadership

Bengaluru Startup Funding Boost Strengthens Tech Leadership

Bengaluru's tech leadership is boosted as an AI company secured major funding, elevating it among India's highest-valued startups. This reflects growing investor confidence in India's AI ecosystem, driving innovation and economic growth.

Bengaluru Biogas Model Offers Buffer Against LPG Disruptions

Bengaluru Biogas Model Offers Buffer Against LPG Disruptions

Bengaluru's waste-to-biogas facility gains attention for converting organic waste into renewable fuel, offering a buffer against LPG disruptions. It boosts energy security, sustainability, and circular economy principles, addressing waste and reducing fossil fuel reliance.

Raw Materials Prices

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Fe 500

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EX - Bangalore

Secondary TMT

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Secondary TMT

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EX - Chennai

Secondary TMT

Fe 500

10-25 mm

EX - Raigarh

Secondary TMT

Fe 500

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EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

EX - Jaipur

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