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India’s NMDC Plans $5.22 Billion Investment to Double Iron Ore Output to 100 Million MT

India’s NMDC Plans $5.22 Billion Investment to Double Iron Ore Output to 100 Million MT

NMDC plans a $5.22 billion investment over three years to double iron ore output to 100 million MT. $626 million allocated this fiscal, with $1.04 billion annually thereafter.
Global steel crisis deepens as oversupply reaches alarming levels, OECD warns

Global steel crisis deepens as oversupply reaches alarming levels, OECD warns

OECD warns global steel crisis deepens due to alarming oversupply and subsidised production, mainly from China. This distorts markets and pressures producers in Europe and other OECD economies.
Natural gas storage sees moderate increase, aligning with forecasts

Natural gas storage sees moderate increase, aligning with forecasts

Natural gas storage increased by 95 billion cubic feet, slightly below the 99 billion cubic feet forecast. This indicates marginally stronger demand than anticipated, as per the EIA report.
Oil prices eases, but on track for weekly gain, amid Middle East tensions

Oil prices eases, but on track for weekly gain, amid Middle East tensions

Oil prices dipped slightly Friday as Oman's Mina al Fahal port operations returned to normal following an explosion, easing Middle East tensions.
Kolkata Air Links Signal Eastern Mobility Shift 

Kolkata Air Links Signal Eastern Mobility Shift 

Kolkata is strengthening as an Eastern India aviation hub, boosting regional air connectivity to smaller cities. This aims to enhance economic integration, mobility, and reduce infrastructure imbalance, potentially reshaping business, tourism, and investment across underserved regions.
Japan's naphtha imports recover to 80% of pre-Iran war levels

Japan's naphtha imports recover to 80% of pre-Iran war levels

Japan's naphtha imports recovered to nearly 80% of pre-Iran war levels in May, thanks to securing alternative sources after the Strait of Hormuz closure, though prices remain high.
Pune GPS Monitoring Gaps Raise Governance Concerns

Pune GPS Monitoring Gaps Raise Governance Concerns

Pune's civic vehicle GPS monitoring system faces scrutiny due to inactive tracking devices, raising concerns over transparency, asset management, and digital oversight, impacting essential public services.
Kolkata Metro Plan Targets Eastern Connectivity Gap 

Kolkata Metro Plan Targets Eastern Connectivity Gap 

Kolkata plans an 8.8-km metro corridor linking Chitpur and Karunamoyee to bridge eastern and northern connectivity gaps. This expansion aims to ease road congestion, improve commuting efficiency, and support sustainable urban growth.
Kolkata Welfare Scheme Aims Household Relief Expansion 

Kolkata Welfare Scheme Aims Household Relief Expansion 

West Bengal launched the Annapurna Yojana, providing direct financial support to beneficiaries' bank accounts. This scheme aims to expand household relief, strengthen food access, and enhance social protection amidst rising living costs, leveraging digital governance for efficiency.
Kolkata Research Meet Explores Inclusive Artificial Intelligence 

Kolkata Research Meet Explores Inclusive Artificial Intelligence 

A Kolkata research meet explored inclusive AI for environmental sustainability and social inclusion, focusing on shaping resilient urban systems and equitable development. Experts discussed ethical deployment, resource efficiency, and citizen-centric services for Indian cities.

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