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DC Edit | Crude Falls: But Where's The Relief?

DC Edit | Crude Falls: But Where's The Relief?

Oil minister stresses BRICS cooperation to achieve energy security

Oil minister stresses BRICS cooperation to achieve energy security

Goldman Sachs hikes India’s GDP growth forecast

Goldman Sachs hikes India’s GDP growth forecast

| Textile feedstock prices fall; downstream market remains in range

| Textile feedstock prices fall; downstream market remains in range

Ukrainian drone struck NORSI refinery, forcing halt to gasoline production

Ukrainian drone struck NORSI refinery, forcing halt to gasoline production

Nepal holds fuel prices despite sharp fall in global oil prices

Nepal holds fuel prices despite sharp fall in global oil prices

India lifts restrictions on commercial LPG supplies amid US-Iran peace talks

India lifts restrictions on commercial LPG supplies amid US-Iran peace talks

Qatar Offers First Crude Loadings to Buyers Since War Began

Qatar Offers First Crude Loadings to Buyers Since War Began

TTF gas and Brent crude: risks and opportunities in two of the world’s most traded energy markets as Hormuz Strait reopens

TTF gas and Brent crude: risks and opportunities in two of the world’s most traded energy markets as Hormuz Strait reopens

Oil Heads for Weekly Loss as Hormuz Tanker Traffic Rebounds

Oil Heads for Weekly Loss as Hormuz Tanker Traffic Rebounds

European gas slips as Hormuz transit close to normalization

European gas slips as Hormuz transit close to normalization

Iran war supply chain disruptions: Impacts on India’s economy

Iran war supply chain disruptions: Impacts on India’s economy

India and Iran Explore Energy Cooperation Amid 60-Day US Sanction Waiver

India and Iran Explore Energy Cooperation Amid 60-Day US Sanction Waiver

Oil and gas crisis likely to surge as freight rates likely to increase for India-bound oil tankers

Oil and gas crisis likely to surge as freight rates likely to increase for India-bound oil tankers

India and Venezuela Seek Deeper Energy Ties Amid Global Supply Uncertainty

India and Venezuela Seek Deeper Energy Ties Amid Global Supply Uncertainty

Global Oil Plummets to Pre-Conflict Lows; India''s Fuel Steady

Global Oil Plummets to Pre-Conflict Lows; India''s Fuel Steady

| North India cotton yarn steady; recycled yarn weakens in Panipat

| North India cotton yarn steady; recycled yarn weakens in Panipat

U.S. refiners key to stabilizing global energy markets

U.S. refiners key to stabilizing global energy markets

China state refiners considering resuming Iran oil imports, sources say

China state refiners considering resuming Iran oil imports, sources say

Crude Oil Prices Return to Pre-War Levels, But LNG Prices Remain Elevated

Crude Oil Prices Return to Pre-War Levels, But LNG Prices Remain Elevated

Latest Market News Of Others

Daily Report News

Mumbai Planned Power Shutdown Supports Network Safety

Mumbai Planned Power Shutdown Supports Network Safety

Mumbai's planned power shutdown and railway maintenance on Sunday will cause temporary disruptions across Central, Trans-Harbour, and Western Railways. This essential exercise aims to strengthen network reliability and operational safety for millions of commuters.

Maharashtra Expressway Expansion Plan Moves Towards Approval

Maharashtra Expressway Expansion Plan Moves Towards Approval

Infrastructure & Construction

Maharashtra's Mumbai-Pune Expressway expansion from 6 to 10 lanes moves towards approval. MSRDC submitted a revised financial proposal for the 94.6-km project, targeting 2030 completion via BOT model to meet rising traffic (65k-1L vehicles daily).

Navi Mumbai Expands Civic Infrastructure Across Key Areas

Navi Mumbai Expands Civic Infrastructure Across Key Areas

Infrastructure & Construction

Navi Mumbai approved fresh infrastructure investments across Vashi, Nerul, CBD Belapur, and Ghansoli. Projects include park redevelopment, drainage, sewerage upgrades, and public facility repairs, aiming to strengthen urban services and address long-standing issues.

1218

Mumbai Orange Alert Warns Of Heavy Rainfall

Mumbai Orange Alert Warns Of Heavy Rainfall

IMD issued a Mumbai Orange Alert for heavy rainfall, thunderstorms, and 50-70 kmph winds across Mumbai, Thane, Palghar, Konkan, and Maharashtra. Civic agencies are on high alert for potential disruptions and waterlogging.

15

Mumbai Water Levels Stay Under Monsoon Pressure

Mumbai Water Levels Stay Under Monsoon Pressure

Infrastructure & Construction

Mumbai's water reserves are critically low at 7.08% of capacity (102,460 million litres), well below seasonal needs despite monsoon. Uneven inflows and climate variability pose long-term security concerns, urging sustainable solutions.

Mumbai Metro Line 6 Bridge Boosts Project Progress

Mumbai Metro Line 6 Bridge Boosts Project Progress

Infrastructure & Construction

Mumbai Metro Line 6 completed a critical 15.31 km railway crossing near Kanjurmarg, accelerating project progress. This milestone boosts east-west connectivity, reduces congestion, and advances sustainable public transport, with civil work nearing completion and systems installation next.

93

Mumbai Mega Block To Affect Sunday Rail Travel

Mumbai Mega Block To Affect Sunday Rail Travel

Infrastructure & Construction

Mumbai's Mega Block on Sunday affects thousands of suburban rail passengers on Central and Trans-Harbour lines from 11 am to 4 pm for essential maintenance, causing diversions and delays. Western Railway has no daytime block.

Maharashtra Coastal Road Link Boosts Mumbai Connectivity

Maharashtra Coastal Road Link Boosts Mumbai Connectivity

Infrastructure & Construction

Maharashtra approves a ₹1,722.40 crore, 3.55-km connector linking Mumbai Coastal Road and Versova-Bandra Sea Link. It boosts connectivity, reduces travel times significantly, and includes environmental/rehabilitation measures.

1111

Mumbai Elevated Corridor Opens First Two Phases

Mumbai Elevated Corridor Opens First Two Phases

Infrastructure & Construction

Mumbai's Airoli Katai Elevated Corridor opens first two phases in July, reducing travel by 10 km and 30-45 minutes. The 12.71 km project enhances connectivity for Navi Mumbai, Thane, Kalyan, and Dombivli.

Mumbai Water Curbs Reshape Urban Resource Management

Mumbai Water Curbs Reshape Urban Resource Management

Infrastructure & Construction

Mumbai has expanded water curbs, suspending supply to construction and pools, and mandating reductions due to critically low reservoir levels (one-tenth capacity) and delayed monsoon. This highlights climate vulnerability and the need for efficient urban water management and alternative sources.

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Mild Steel Prices

Secondary TMT

Fe 500

10-25 mm

EX - Bangalore

Secondary TMT

Fe 500

10-25 mm

EX - Jalna

Secondary TMT

Fe 500

10-25 mm

EX - Chennai

Secondary TMT

Fe 500

10-25 mm

EX - Raigarh

Secondary TMT

Fe 500

10-25 mm

EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

EX - Jaipur

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