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Market News Today

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High energy cost transfer 'inevitable' to users: Union government

High energy cost transfer 'inevitable' to users: Union government

India’s Hidden Stakes in the Iran War

India’s Hidden Stakes in the Iran War

India's OMCs Lose 30-50% of Diesel Sales as Buyers Shift to Retail Pumps

India's OMCs Lose 30-50% of Diesel Sales as Buyers Shift to Retail Pumps

Oil shock will hit Asia harder than the 1970s

Oil shock will hit Asia harder than the 1970s

Net Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: Vortex

Net Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: Vortex

UAE exits OPEC: what it means for oil prices

UAE exits OPEC: what it means for oil prices

JP Morgan: UAE Could Attract More U.S. Investment After OPEC Exit

JP Morgan: UAE Could Attract More U.S. Investment After OPEC Exit

Oil prices climb amid Hormuz blockade, UAE exit from OPEC

Oil prices climb amid Hormuz blockade, UAE exit from OPEC

The Iran War Has Already Destroyed 1.6 Million Bpd in Oil Demand

The Iran War Has Already Destroyed 1.6 Million Bpd in Oil Demand

California Gasoline Price Surges Above $6

California Gasoline Price Surges Above $6

CNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran Crisis

CNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran Crisis

Russia Dismisses Price War Fears Following UAE Departure From OPEC+

Russia Dismisses Price War Fears Following UAE Departure From OPEC+

Strait of Hormuz Fears Send California Gas Past $6 a Gallon

Strait of Hormuz Fears Send California Gas Past $6 a Gallon

The Commodities Feed: Oil spikes with no US-Iran resolution in sight

The Commodities Feed: Oil spikes with no US-Iran resolution in sight

Could This be the Beginning of the End for OPEC?

Could This be the Beginning of the End for OPEC?

Trump Eyes More U.S. Oil Output as Iran War Squeezes Supply

Trump Eyes More U.S. Oil Output as Iran War Squeezes Supply

Tankers Move from Fuel to Crude Trade as War Upends Flows

Tankers Move from Fuel to Crude Trade as War Upends Flows

Government reviews households with dual LPG, PNG connections

Government reviews households with dual LPG, PNG connections

Prolonged war could send oil up to $115/b, with surplus returning by 2027: World Bank

Prolonged war could send oil up to $115/b, with surplus returning by 2027: World Bank

Crisis-Hit Southeast Asia Looks to Sign Petroleum Security Pact

Crisis-Hit Southeast Asia Looks to Sign Petroleum Security Pact

Latest Market News

Daily Report News

Metro Project To Link Bhubaneswar, Cuttack, Puri In New Tri-City Shape: Minister

Metro Project To Link Bhubaneswar, Cuttack, Puri In New Tri-City Shape: Minister

Infrastructure & Construction

The Urban Development Minister announced the Odisha Metro project will link Bhubaneswar, Cuttack, and Puri as a tri-city initiative. The government is proceeding, emphasizing alternative roads before construction and seeking Central support for this major economic region development.

45

Two months in, the Iran war has changed the global energy system forever

Two months in, the Iran war has changed the global energy system forever

Energy & Petroleum

The Iran war, blocking 20% of global oil/gas via Hormuz, reshapes energy. Fossil fuels lose appeal; coal sees resurgence. Solar, with record exports and surging demand (e.g., 150% to India), and nuclear power are emerging as key winners.

88

Indus Water Treaty: Asymmetric obligations, unequal concessions and Pakistan's aggression

Indus Water Treaty: Asymmetric obligations, unequal concessions and Pakistan's aggression

Infrastructure & Construction

timesofindia.indiatimes.com

The 1960 Indus Water Treaty granted Pakistan 80% of the system's water (135 MAF) and India 20% (33 MAF). India made significant concessions, including a £62 million payment, facing asymmetric restrictions while Pakistan benefited.

Mumbai Suburban Network Faces Night Disruptions For Upgrades

Mumbai Suburban Network Faces Night Disruptions For Upgrades

Energy & Petroleum

Mumbai's suburban network faces night disruptions on May 1-2 and May 2-3 for Kalyan-Badlapur corridor upgrades. Central Railway's maintenance blocks aim to modernize overhead electrical systems, ensuring safety and reliability despite temporary service suspensions and rerouted trains.

1112

India’s great gas dilemma: How much PNG is too much?

India’s great gas dilemma: How much PNG is too much?

Energy & Petroleum

India's PNG dilemma: convenient but import-reliant, with half of LNG via Hormuz. LPG offers better storage. India can safely support ~2.2 crore PNG homes, far from the 12.6 crore target, urging a balanced energy approach.

Mumbai Clears Land For Vande Bharat Depot Project

Mumbai Clears Land For Vande Bharat Depot Project

Infrastructure & Construction

Mumbai cleared land at Wadi Bunder for a Vande Bharat maintenance depot, boosting railway infrastructure. The facility will enhance operational capacity, readiness, and turnaround time for high-speed trains, modernizing the city's rail network.

1216

Chennai MRTS Metro Integration To Transform Urban Mobility

Chennai MRTS Metro Integration To Transform Urban Mobility

Infrastructure & Construction

Chennai MRTS Metro integration nears policy stage to unify urban transit, improving connectivity, commuter experience, and reducing travel times. It optimises infrastructure, fosters sustainable growth, and promotes public transport.

85

Chennai Bus Terminal Kuthambakkam To Enhance City Connectivity

Chennai Bus Terminal Kuthambakkam To Enhance City Connectivity

Infrastructure & Construction

Chennai's new Kuthambakkam bus terminal aims to enhance city connectivity, ease congestion, and decentralize mobility. It will handle long-distance traffic, integrate with existing networks, and stimulate local economic growth.

13

Coal India Limited Single Window Mode Agnostic E-auction Results for April 2026

Coal India Limited Single Window Mode Agnostic E-auction Results for April 2026

Energy & Petroleum

investywise.com

Coal India's April 2026 e-auction allocated 117.74 lakh tonnes (39% of 305.51 lakh tonnes offered). Strong demand led to a 51% average price increase over base rates, with NEC seeing a 90% premium, reflecting positive market response.

45

Chennai Heatwave Intensifies With Temperatures Touching 40C

Chennai Heatwave Intensifies With Temperatures Touching 40C

Chennai's heatwave intensifies with temperatures hitting 40C, raising concerns about urban life, health risks, and infrastructure. Climate change impacts necessitate rethinking city design and adaptation strategies for resilience.

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Fe 500

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EX - Bangalore

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Fe 500

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EX - Raigarh

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EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

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