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Hiking capex not enough, boost oil output, expand strategic reserves faster—House panel to govt

Hiking capex not enough, boost oil output, expand strategic reserves faster—House panel to govt

India buys 4m barrels Nigerian crude amid US-Iran crisis

India buys 4m barrels Nigerian crude amid US-Iran crisis

Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Sensex, Nifty open lower as brent crude prices cross $83 per barrel, hit global market sentiment

Sensex, Nifty open lower as brent crude prices cross $83 per barrel, hit global market sentiment

India Remains Dependent on Imports for 90% of Oil Demand

India Remains Dependent on Imports for 90% of Oil Demand

Shipping Through Hormuz Drops Sharply as Tensions Rise

Shipping Through Hormuz Drops Sharply as Tensions Rise

China’s real oil demand masked by rise of unlicensed fuel trade: sources

China’s real oil demand masked by rise of unlicensed fuel trade: sources

Saudi Aramco cuts Arab Light crude price to Asia for September

Saudi Aramco cuts Arab Light crude price to Asia for September

Russia Turns to South Korea for Fuel as Refinery Crisis Deepens

Russia Turns to South Korea for Fuel as Refinery Crisis Deepens

China’s Crude Imports Bounce Back After Historic June Slump

China’s Crude Imports Bounce Back After Historic June Slump

Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks

Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks

INSIGHT: Rising costs, weak demand weigh on Asia automakers

INSIGHT: Rising costs, weak demand weigh on Asia automakers

Oil gains on renewed Mideast tensions; deal to reopen Hormuz elusive

Oil gains on renewed Mideast tensions; deal to reopen Hormuz elusive

Demand Remains Weak; Galvanizing Operations Edge Down [SMM Galvanizing Weekly Review]

Demand Remains Weak; Galvanizing Operations Edge Down [SMM Galvanizing Weekly Review]

Downstream enterprises turned cautious due to high prices, and spot premiums pulled back [SMM Shanghai Spot Weekly Review]

Downstream enterprises turned cautious due to high prices, and spot premiums pulled back [SMM Shanghai Spot Weekly Review]

Market Demand Is Sluggish, Die-casting Zinc Alloy Operating Rate Continues to Decline [SMM Die-casting Zinc Alloy Weekly Review]

Market Demand Is Sluggish, Die-casting Zinc Alloy Operating Rate Continues to Decline [SMM Die-casting Zinc Alloy Weekly Review]

The SHFE/LME zinc price ratio consolidated at lows near 6.8 [SMM SHFE/LME Zinc Price Ratio Weekly Review]

The SHFE/LME zinc price ratio consolidated at lows near 6.8 [SMM SHFE/LME Zinc Price Ratio Weekly Review]

Zinc Oxide Operating Rate Declines, Market Demand Is Weak [SMM Zinc Oxide Weekly Review]

Zinc Oxide Operating Rate Declines, Market Demand Is Weak [SMM Zinc Oxide Weekly Review]

China's Sulphuric Acid Market Continues Weakness; Price Hikes in Northeast China and Inner Mongolia Fail to Mask Overall Downtrend [SMM Sulphuric Acid Weekly Review]

China's Sulphuric Acid Market Continues Weakness; Price Hikes in Northeast China and Inner Mongolia Fail to Mask Overall Downtrend [SMM Sulphuric Acid Weekly Review]

Weekend Rigid Demand Supports Improved Trading, Shanghai Spot Copper Premiums Stabilize [SMM Shanghai Spot Copper]

Weekend Rigid Demand Supports Improved Trading, Shanghai Spot Copper Premiums Stabilize [SMM Shanghai Spot Copper]

Latest Market News

Daily Report News

Mumbai Monorail Upgrade Moves Into Final Works

Mumbai Monorail Upgrade Moves Into Final Works

Infrastructure & Construction

Mumbai's 19.54-km monorail undergoes final upgrades and safety certifications, but passenger services remain suspended as operational and communication works continue.

1016

Mumbai 3.0 Brings 124 Villages Into New Plan

Mumbai 3.0 Brings 124 Villages Into New Plan

Infrastructure & Construction

Maharashtra is developing the Karnala-Sai-Chirner New Town across 323.44 sq km and 124 villages in Raigad, aiming to build a major growth centre featuring housing, employment districts, and transport infrastructure.

76

Kalyan Station Gets New Peak Hour Traffic Plan

Kalyan Station Gets New Peak Hour Traffic Plan

Infrastructure & Construction

Authorities launched a coordinated traffic management operation at Kalyan railway station to ease peak-hour congestion, regulate auto-rickshaw queues, and clear pedestrian footpaths for safer commuter movement.

Mumbai Railway Stations Face New Investment Push

Mumbai Railway Stations Face New Investment Push

Infrastructure & Construction

Three major railway stations are being assessed for public-private partnership redevelopment among 15 national projects, aiming to improve transport integration, passenger amenities, and financial viability.

Mumbai Sion Hospital Moves Towards Digital Payments

Mumbai Sion Hospital Moves Towards Digital Payments

Mumbai's public healthcare facility introduces digital payment systems, infrastructure improvements, and capacity expansion to reduce queues, ease transactions, and enhance overall operational efficiency for patients.

Navi Mumbai Strengthens Water And Drainage Networks

Navi Mumbai Strengthens Water And Drainage Networks

Infrastructure & Construction

Navi Mumbai Municipal Corporation has approved infrastructure works covering water supply, sewage treatment, flood protection, and drainage across the city, aiming to strengthen urban systems against extreme weather and growing demands.

1018

Mumbai Metro One Changes Peak Hour Train Pattern

Mumbai Metro One Changes Peak Hour Train Pattern

Infrastructure & Construction

Mumbai Metro One introduces short-route evening services on the busiest section from August 10, increasing peak capacity by 20% and daily trips to 484 to reduce passenger wait times.

Mumbai Bridge Projects Target Four Traffic Bottlenecks

Mumbai Bridge Projects Target Four Traffic Bottlenecks

Infrastructure & Construction

Mumbai is advancing a ₹1,179-crore programme to replace ageing road bridges at four major railway crossings by 2027, aiming to expand road capacity and ease traffic bottlenecks.

Mumbai Road Upgrade Tests Long Term Infrastructure Planning

Mumbai Road Upgrade Tests Long Term Infrastructure Planning

Infrastructure & Construction

Mumbai's ₹17,700-crore road concretisation project covering 700 km faces delays and utility coordination challenges. Success depends on durability, effective trenching, and drainage integration to prevent costly reconstruction.

1216

Mumbai Rethinks Waste Processing For Space Shortages

Mumbai Rethinks Waste Processing For Space Shortages

Infrastructure & Construction

Mumbai proposes shared waste treatment facilities and property-tax rebates up to 15% for bulk generators facing space constraints, aiming to improve decentralised management across 3,177 identified properties.

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EX - Muzaffarnagar

Secondary TMT

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EX - Jaipur

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