Monday, March 16

News

Piped Dreams: Why Infrastructure Gaps Leave PNG Unable to Solve the LPG Crisis
No Comments
News

Piped Dreams: Why Infrastructure Gaps Leave PNG Unable to Solve the LPG Crisis

As global energy supply chains buckle under the weight of West Asia’s escalating conflicts, millions of Indian households find themselves caught in a tightening LPG squeeze. While the government has invoked the Essential Commodities Act to prioritize domestic fuel, a persistent question lingers: Why can’t Piped Natural Gas (PNG) simply step in to fill the void? Despite the promise of "uninterrupted supply," the transition from cylinders to pipelines is currently more of a pipe dream than a quick fix for the nation's 33 crore gas connections. The primary hurdle is a massive infrastructure deficit. Unlike LPG, which is highly portable and can be delivered via truck to the remotest corners of the country, PNG requires a sprawling, permanent network of underground pipelines. Currently, thi...
Read More
Meghalaya Sends 25 Young Leaders to Delhi for Viksit Bharat Dialogue
No Comments
News

Meghalaya Sends 25 Young Leaders to Delhi for Viksit Bharat Dialogue

Twenty-five youth representatives from Meghalaya are set to participate in the Viksit Bharat Young Leader Dialogue 2026, part of the 29th National Youth Festival, occurring at Bharat Mandapam, New Delhi, from January 9 to 12, 2026. These participants were selected from nearly 50 lakh entries, highlighting the state's talent and leadership potential. A significant moment will occur on January 11, 2026, when they will engage with Prime Minister Narendra Modi, marking a vital step in their leadership journey. D.D. Shira, Director of Sports and Youth Affairs in Meghalaya, emphasized that Viksit Bharat addresses themes like Youth and Democracy, Governance in a Developed India, and Women-led Democracy, while detailing the event's itinerary. Additionally, Meghalaya proudly features two innovator...
Read More
Tata Investment Corporation Shares rose 12% to Hit 52-Week High: Reasons for Today’s Rise
No Comments
Business, News

Tata Investment Corporation Shares rose 12% to Hit 52-Week High: Reasons for Today’s Rise

Shares of Tata Investment Corporation Limited (TICL) rose 11.5% to a 52-week high of ₹8,125 per share on Tuesday, September 23. The company has received shareholder approval for the stock split, or subdivision of shares, it had previously announced. The investment company has approved splitting each fully paid-up equity share of ₹10 face value into 10 fully paid-up equity shares of ₹1 face value each. The company has set the "record date" for this corporate action as Tuesday, October 14, 2025. Tata Investment Corporation said in a regulatory filing after market hours on September 22, "...we wish to inform you that the Company has fixed Tuesday, October 14, 2025, as the 'Record Date' for the purpose of determining the eligibility of shareholders to split their existing 1 (one) equity...
Read More
Guar seed futures prices gain on spot demand
No Comments
Business, News

Guar seed futures prices gain on spot demand

New Delhi: Guar seed prices rose by Rs 11 to Rs 5,042 per quintal in futures trade on Monday as speculators increased their positions amid a firm trend in the spot market. Guar seed contracts for October delivery on the National Commodity and Derivatives Exchange (NCDEX) rose by Rs 11, or 0.22 percent, to Rs 5,042 per quintal, with a turnover of 49,745 lots. According to market sources, guar seed prices rose due to speculators increasing their positions, a firm trend in the spot market, and lower supplies from producing regions.
Read More
Amazon’s micro-fulfillment centers to upgrade triple by December
No Comments
Business, News

Amazon’s micro-fulfillment centers to upgrade triple by December

Amazon plans to expand its network of micro-fulfillment centers in India from 100 to 300 by the end of 2025, reflecting the global e-commerce giant's move toward accelerated commerce. These small facilities, operating in cities like Bengaluru, Delhi, and Mumbai, are designed to expedite the delivery of daily essentials and high-demand items. They are comparable to dark stores operated by major e-commerce companies like Swiggy Instamart and Eternal's Blinkit. The company stated that this expansion is part of a ₹2,000 crore investment planned for India this year. "We have invested ₹2,000 crore throughout the year to improve infrastructure to provide our sellers with more opportunities to bring their inventory and offer the best to customers," said Karan Chugh, Director of Operations, ...
Read More
Gold prices downturn in Delhi due to weak demand
No Comments
Business, News

Gold prices downturn in Delhi due to weak demand

New Delhi: According to the All India Sarafa Association, gold prices in the national capital fell by Rs 600 to Rs 1,13,200 per 10 grams on Thursday due to a decline in local demand. Gold of 99.9 percent purity had closed at Rs 1,13,800 per 10 grams in the previous trade. Similarly, gold of 99.5 percent purity also fell by Rs 500 to Rs 1,12,800 per 10 grams (including all taxes), from Rs 1,13,300 per 10 grams in the previous session. On the other hand, silver prices also rose after Wednesday's decline, rising by Rs 300 to Rs 1,31,500 per kilogram (including all taxes). The white metal had fallen by Rs 1,670 to Rs 1,31,200 per kilogram in the previous session. In the overseas market, spot gold was trading 0.23 percent higher at $3,668.33 an ounce after touching an all-time high...
Read More
Crude oil futures downturn due to weak spot demand
No Comments
Business, News

Crude oil futures downturn due to weak spot demand

New Delhi, Crude oil futures fell by Rs 11 to Rs 5,611 per barrel on Thursday as traders cut their positions due to weak demand in the spot market. At the Multi-Commodity Exchange, the price of crude oil contract for October delivery fell by Rs 35, or 0.62 percent, to Rs 5,611 per barrel with a turnover of 4,866 lots. Analysts said prices were impacted by traders cutting their positions amid weak demand in the spot market. Globally, West Texas Intermediate crude oil was trading at $63.72 per barrel, down 0.52 percent, in New York, while Brent crude fell 0.44 percent to $67.65 per barrel.
Read More
Vedanta Shares downturn After NCLT Delays Disinvestment Hearing
No Comments
Business, News

Vedanta Shares downturn After NCLT Delays Disinvestment Hearing

New Delhi: Vedanta shares fell more than 1 percent on Wednesday after the National Company Law Tribunal (NCLT) postponed the hearing on the company's ambitious disinvestment proposal until October 8. The Ministry of Petroleum and Natural Gas had objected to the plan, citing lack of necessary disclosures. The company's shares fell 3.78 percent to ₹443.90 during the day's trading on the BSE. Later, it recovered some of its losses and closed at ₹456.05 per share, down 1.15 percent. On the NSE, the company's shares fell 1.11 percent to close at ₹456.15 per share. During the day's trading, the company's shares fell 3.75 percent. The NCLT's Mumbai bench also directed Vedanta and the ministry to submit written arguments within five days. The Ministry of Petroleum and Natural Gas's la...
Read More
Guar gum futures prices gain on strong demand
No Comments
Business, News

Guar gum futures prices gain on strong demand

New Delhi, Guar gum prices rose by Rs 16 to Rs 9,311 per quintal in futures trade on Tuesday as speculators increased their deal size amid strong spot demand. At the National Commodity and Derivatives Exchange, the price of guar gum contract for October delivery rose by Rs 16, or 0.17 per cent, to Rs 9,311 per quintal in a business turnover of 50,010 lots. Analysts said that in view of the strong spot market trend, traders increased their deal size, leading to a rise in guar gum prices.
Read More
Crude oil futures gain on spot demand
No Comments
Business, News

Crude oil futures gain on spot demand

New Delhi, Crude oil prices rose by Rs 36 to Rs 5,562 per barrel in futures trade on Monday as traders increased the size of their deals following strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for October delivery rose by Rs 36 or 0.65 per cent to Rs 5,562 per barrel in a business of 8,064 lots. Analysts said crude oil prices rose in futures trade as traders increased the size of their deals. Globally, West Texas Intermediate crude was trading 0.38 per cent higher at $62.93 per barrel in New York, while Brent crude rose 0.36 percent to $67.23 per barrel.
Read More
Like Us
Follow Us
Subscribe Us
Follow Us