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Germany Considers Extending Oil Reserve Relief Despite Falling Prices

Germany Considers Extending Oil Reserve Relief Despite Falling Prices

Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO

Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO

OPEC’s Oil Demand Bet Is on India, Not Europe

OPEC’s Oil Demand Bet Is on India, Not Europe

India's Pump Prices Stuck Even As Global Crude Crashes

India's Pump Prices Stuck Even As Global Crude Crashes

High Tanker Rates Disrupt Persian Gulf Oil Shipments to Asia

High Tanker Rates Disrupt Persian Gulf Oil Shipments to Asia

Brent crude expected at USD 90-95/barrel, raising India's CAD risk: Crisil

Brent crude expected at USD 90-95/barrel, raising India's CAD risk: Crisil

India’s Energy Import Bill Jumps 82% Due to High Oil Prices

India’s Energy Import Bill Jumps 82% Due to High Oil Prices

More Than 60 Million Barrels of Oil Ready to Head to Asia as Hormuz Reopens

More Than 60 Million Barrels of Oil Ready to Head to Asia as Hormuz Reopens

Japan's 94% Middle East oil dependence leaves firms deeply exposed even as war winds down

Japan's 94% Middle East oil dependence leaves firms deeply exposed even as war winds down

Oil price rise to have multi-layer impact: Crisil

Oil price rise to have multi-layer impact: Crisil

India wants to turn more coal into gas for energy security. It faces a tough conversion

India wants to turn more coal into gas for energy security. It faces a tough conversion

India’s crude oil, LNG imports surge in May although bill continues to stay elevated

India’s crude oil, LNG imports surge in May although bill continues to stay elevated

| Geopolitical factors weigh on Indian polyester, PC yarn prices

| Geopolitical factors weigh on Indian polyester, PC yarn prices

Inputs prices begin to correct as War tension eases

Inputs prices begin to correct as War tension eases

Why Vedanta’s BALCO aluminium wire rods matter quietly in the grid

Why Vedanta’s BALCO aluminium wire rods matter quietly in the grid

Indias fossil fuel insecurity now a broader economic risk, not just import dependence issue: CEEW study

Indias fossil fuel insecurity now a broader economic risk, not just import dependence issue: CEEW study

Is India prepared for an oil shock? Report flags just 9-10 days of crude reserves

Is India prepared for an oil shock? Report flags just 9-10 days of crude reserves

ADNOC Expands Spot Crude Sales to Asia as Regional Tensions Ease

ADNOC Expands Spot Crude Sales to Asia as Regional Tensions Ease

Why ONGC’s Mumbai High field remains the quiet workhorse in India’s oil patch

Why ONGC’s Mumbai High field remains the quiet workhorse in India’s oil patch

AM/NS India Launches First Domestically Produced Premium Automotive Coated Steel

AM/NS India Launches First Domestically Produced Premium Automotive Coated Steel

Latest Market News Of Others

Daily Report News

As new phones, cars get costlier, Indians turn to second-hand market in droves

As new phones, cars get costlier, Indians turn to second-hand market in droves

The Economic Times

Rising costs push Indians to second-hand markets. Refurbished phones now 26% of sales (Jan-May), used car sales up 9% to 6.1M units (FY26). New smartphone market projected to decline 11%, while used grows 12%.

14

Hot metal production peaks, iron ore prices may continue to consolidate at lows

Hot metal production peaks, iron ore prices may continue to consolidate at lows

Hellenic Shipping

Iron ore contract I2609 fell 2.61% to 747.5 yuan/mt, with port spot prices down 10-15 yuan/mt. Subdued market activity and cautious steel mills led to limited transactions.

US Natgas Prices Edge Up

US Natgas Prices Edge Up

Energy & Petroleum

Hellenic Shipping

US natural gas prices edged up to $3.16 per MMBtu following an EIA report indicating a smaller-than-anticipated storage increase. This rise reflects market reaction to supply-demand dynamics.

How Iran war is challenging and changing Europe’s gas market

How Iran war is challenging and changing Europe’s gas market

Energy & Petroleum

Hellenic Shipping

The Iran war, ongoing for nearly four months, has caused unprecedented disruptions, challenging and changing Europe's gas market. It reveals both vulnerability and resilience in global commodity markets.

Wood Mackenzie: Data centre metals demand isn’t an asset story. It’s a grid story.

Wood Mackenzie: Data centre metals demand isn’t an asset story. It’s a grid story.

Hellenic Shipping

Data centre metals demand is a "grid story," not just an asset one. Total system-level metals consumption is 3-4 times higher than facility assets, due to grid reinforcement and transmission networks.

53

NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment

NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment

economictimes.indiatimes.com

NTPC invests Rs 5,000 crore to install 5 GWh battery storage at coal plants, approved by CERC, reducing renewable energy curtailment. This addresses 314 million units of unused clean energy, integrating excess solar/wind power into the grid.

Rythu Bharosa payments to start from June 30

Rythu Bharosa payments to start from June 30

Telangana government approved Rythu Bharosa payments from June 30 for Kharif season, benefiting farmers. A bonus for seven fine rice varieties was also approved. Other decisions include Metro Rail push, Digital Cabinet, and free NEET student bus travel.

Kanpur startup launches electric tool to replace harmful crop burning

Kanpur startup launches electric tool to replace harmful crop burning

A Kanpur startup launched an E-Brushcutter, a battery-powered tool priced at Rs. 65,000. It replaces crop burning, reduces labor (1 acre/day), and costs only Rs. 5 daily, offering a sustainable solution for farmers.

42

India High Speed Rail Vision Expands Nationwide

India High Speed Rail Vision Expands Nationwide

Infrastructure & Construction

India plans a major high-speed rail expansion, with 7 new corridors under feasibility study. This network will connect major cities like Mumbai, Delhi, Chennai, and Bengaluru, reshaping intercity travel and economic growth beyond the Mumbai-Ahmedabad route.

1017

Mumbai Ahmedabad Corridor Faces Travel Time Challenges

Mumbai Ahmedabad Corridor Faces Travel Time Challenges

Infrastructure & Construction

The 550km Ahmedabad-Mumbai corridor faces travel time challenges due to ongoing construction and heavy freight. Upgrades aim to improve connectivity, but temporary bottlenecks persist, impacting economic activity. Full potential depends on project completion.

39

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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