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COST ESCALATION COMPENSATION
Highway projects get three more months of bitumen, diesel cost escalation cover amid West Asia crisisThe ministry of road transport and highways is extending the cost compensation for bitumen and diesel. This extension will apply to project...- US 10-year Treasury yield could hit 6% as oil prices, debt worries mount: Pimco CIOThe 10-year US Treasury yield could reach 6% for the first time since 2000, according to Pimco’s Dan Ivascyn. Rising oil prices, inflation ...
- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- Your Talent Strategy Has to Keep Up with Your AI TransformationThe entry-level job pipeline is thinning globally, and the consequences of eliminating these types of roles in favor of AI are compounding....
- LPG losses reach Rs 300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at Rs 530 crore: ICRAOMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while dome...
- Bank of India ordered to pay Rs 15,000 to Kerala man after delay in releasing deceased wife's savingsA Kerala consumer commission ordered Bank of India to pay compensation. The bank delayed releasing a deceased woman's savings to her elderl...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
- Train ticket got cancelled by a stranger, woman with confirmed reservation arrested after boarding; Railways ordered to pay her Rs 2 lakhA woman with a confirmed train reservation was arrested and forced off the train at midnight after a stranger allegedly cancelled her ticke...
- After Adani, Tata feels the heat: Indian firms under fire in Kenya?Kenya’s dispute with Tata Chemicals has revived concerns about Indian businesses in the country after Adani’s exit. But Kenya continues to ...
- GPT-6 Astra is here: OpenAI’s new AI model can use computers, browse web and get work doneOpenAI has launched GPT-6 Astra, its newest frontier AI model. This advanced model aims to significantly boost computer use and professiona...
- India’s $100-billion GCC boom runs into an engineer talent puzzleIndia's Global Capability Centres sector is rapidly expanding and generating significant revenue. However, a substantial gap exists between...
- Global Market: European shares edge higher as energy stocks gain on Middle East uncertaintyEuropean shares edged higher as energy stocks gained on elevated oil prices amid Middle East tensions. Investors remained cautious ahead of...
- Iran's leaders believe a victory is within reach, and that time is on their sideIran believes military pressure will force the United States to accept its control. The nation is betting that time and global energy price...
- India’s fertiliser imports, production plunge as West Asia war drives costsIndia's fertilizer production and imports have fallen sharply in the June quarter. This decline is due to inflated raw material prices caus...
- Interior designer takes Rs 4.9 lakh full payment, leaves work incomplete: Consumer court orders refund after family is forced to stay on rent for monthsNoBroker has been ordered to refund Rs 4,90,716 to a Hyderabad customer after a consumer commission found it collected the full contractual...
- Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
- CERC to hear Adani Power compensatory tariff issue on Nov 13Adani Power had petitioned CERC for evolving a mechanism to meet the escalation in fuel cost due to enactment of new coal pricing regulatio...
- NTPC may consider setting up imported coal-based projectsNTPC may consider setting up imported coal-based projects once there is clarity that escalation in cost of the imported fuel would be compe...
- CERC for relief package to Adani Power's Mundra projectPower sector regulator CERC has said Adani Power should be granted "compensation" package for its Mundra project.
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