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Second Vande Bharat sleeper rake arrives in Bengaluru for final corrections

Second Vande Bharat sleeper rake arrives in Bengaluru for final corrections

The second Vande Bharat sleeper rake arrived in Bengaluru for corrections post-trial. BEML is manufacturing 10 rakes, expected by March next year, to redefine long-distance overnight travel with enhanced comfort and speed.
Sarbananda Sonowal reviews Rs 1,000-crore water metro project across B’putra - The Sentinel

Sarbananda Sonowal reviews Rs 1,000-crore water metro project across B’putra - The Sentinel

IWAI inked MoUs for a ₹1,000-crore water metro project across the Brahmaputra in Assam (Guwahati, Dibrugarh, Tezpur) and to boost methanol/formalin exports via waterways to Bangladesh and Southeast Asia. Minister Sonowal reviewed Northeast projects.
Somashila’s skyline to sparkle with mega glass bridge: Eatala

Somashila’s skyline to sparkle with mega glass bridge: Eatala

Somashila will get a Rs 1,000 crore mega glass bridge, part of a Rs 3,000 crore infrastructure push. Announced by MP Etala Rajender, it connects Somashila to Nandeswaram, cutting Tirupati travel by 70 km, boosting tourism.
Copper giant Codelco signs deal with India’s Adani for exploration in Chile

Copper giant Codelco signs deal with India’s Adani for exploration in Chile

Chilean miner Codelco and India's Adani Group have signed an agreement for copper project exploration in Chile, Codelco announced. This partnership aims to advance mining initiatives.
Iron ore extends fall on softer China demand, set for second weekly gain

Iron ore extends fall on softer China demand, set for second weekly gain

Iron ore futures declined for a second straight session on Friday. The fall was attributed to softer demand and shrinking steel margins in top consumer China, impacting global prices.
Ministry of Steel suspends enforcement of quality control order on multiple steel standards

Ministry of Steel suspends enforcement of quality control order on multiple steel standards

Ministry of Steel suspended quality control enforcement for 42 steel standards for three years and 13 speciality steel standards for one year, following HLC-NFRR recommendations to support industries and self-reliance.
Gasoline margin steady at $14/bbl

Gasoline margin steady at $14/bbl

Asia's gasoline refining profit margin remained steady at $14/bbl on Friday. Despite thin activity, the outlook is tight due to regional outages and strong demand, suggesting potential future stability or increases.
US FERC predicts increased gas prices, production heading into winter

US FERC predicts increased gas prices, production heading into winter

US FERC projects higher domestic natural gas prices this winter, especially in New England and the Northeast, despite increased production.
Asian Diesel margins ease, cash premiums slip to near one-month low

Asian Diesel margins ease, cash premiums slip to near one-month low

Asian diesel markets experienced volatile movements, with refining margins and cash premiums easing week on week. Cash premiums slipped to a near one-month low, and window deals were absent on Friday.
Sagarmala Finance Corp gets shareholders nod to raise ₹25,000 crore to fund maritime projects

Sagarmala Finance Corp gets shareholders nod to raise ₹25,000 crore to fund maritime projects

Sagarmala Finance Corp (SMFCL) secured shareholders' approval to raise ₹25,000 crore, including ₹8,000 crore this fiscal, to fund maritime projects. It will support ports, shipbuilding, and vessel financing, aiming to boost India's maritime prowess.

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