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Market Buzz: RIL Rumored to Hike Domestic Polymer Prices

Market Buzz: RIL Rumored to Hike Domestic Polymer Prices

Reliance Industries Limited is rumored to increase domestic polymer prices across major grades, with expected hikes ranging from ₹2 to over ₹5 per kilogram. Official confirmation is awaited.
UK-India FTA takes effect but PET, R-PET duties remain in place

UK-India FTA takes effect but PET, R-PET duties remain in place

The UK-India FTA is active, but duties on PET and R-PET persist. PET duties will remain at 0-13.8% for another five years, impacting trade despite the new agreement.
Trump to impose additional 50% tariffs on some Canadian goods

Trump to impose additional 50% tariffs on some Canadian goods

Trump plans 50% tariffs on certain Canadian goods, citing 'discriminatory' treatment of US commerce. These new duties are set to take effect on August 19, 2026.
Karnataka Speeds Solar Pumps For Rural Energy

Karnataka Speeds Solar Pumps For Rural Energy

Karnataka accelerates PM-KUSUM Component C for solar pumps, boosting rural energy, reducing conventional electricity dependence, improving efficiency, and lowering costs. This supports clean energy and strengthens livelihoods statewide.
PetroChina's Dushanzi Petrochemical starts up 1.2 million mt/y ethylene project

PetroChina's Dushanzi Petrochemical starts up 1.2 million mt/y ethylene project

PetroChina's Dushanzi Petrochemical has launched a new 1.2 million mt/y ethylene project, boosting West China's total ethylene capacity to 3 million mt/y. This significant expansion marks a major development in the region's petrochemical industry.
Versalis shuts PE plant at Brindisi, Italy

Versalis shuts PE plant at Brindisi, Italy

Versalis shut its Brindisi PE plant (249,000 mt/y LLDPE, 279,000 mt/y HDPE) on July 21, following cracker closures. This aligns with decarbonization and market pressures, while a new battery production site is being built in the area.
Odisha races ahead as India's new chemical and petrochemical investment hotspot

Odisha races ahead as India's new chemical and petrochemical investment hotspot

Odisha has attracted nearly Rs 2 lakh crore in chemical and petrochemical investments over two years, becoming India's new hotspot. Policy support, infrastructure, and a sustainability focus drive its transformation into a major manufacturing hub.
Bengaluru Metro And Rail Integration Gains Momentum

Bengaluru Metro And Rail Integration Gains Momentum

Bengaluru is accelerating Metro and Suburban Rail integration for a seamless, multimodal transport system. This aims to improve connectivity, reduce travel times, ease congestion, boost productivity, and enhance sustainability for the rapidly growing city.
Bengaluru Second Airport Discussion Highlights Regional Growth

Bengaluru Second Airport Discussion Highlights Regional Growth

Discussions for Bengaluru's second airport, with Tumakuru suggested, highlight the urgent need for long-term aviation planning. It aims to support rapid economic growth, rising passenger demand, and stimulate regional development for decades, emphasizing sustainable planning.
Karnataka University Expands AI Skills For Students

Karnataka University Expands AI Skills For Students

Karnataka University expands AI skills for engineering students via a new collaboration, strengthening industry-aligned education and employability. This initiative boosts the state's innovation economy and prepares graduates for tech-driven sectors.

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