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- Goa nightclub fire: Supreme Court dismisses pleas challenging HC order setting aside bail of accused
The Supreme Court dismissed pleas challenging a High Court order. Accused nightclub owners and a partner must surrender within two weeks. T...
Bitumen deficit bridged, but price problem persists; India's roads set to face a real test this winterAs prices of bitumen continue to be on the higher side, road construction companies are watching the winter construction season closely. Ev...
Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
Steel, bitumen, geopolitics could slow India’s construction boom: ICEMA Vice PresidentIndia's construction equipment industry anticipates single-digit growth this financial year. Rising steel and bitumen prices are significan...
India's fuel consumption drops 3.7% in June from previous monthIndia's fuel consumption fell approximately 3.7% in June from the previous month. Liquefied petroleum gas consumption saw a significant yea...
Stocks in news: Bajaj Auto, ZEE, BPCL, HDFC Bank, HUL, Tata Motors CVIndian markets saw a subdued trading session on Monday, with key indices declining due to mixed global signals and profit-taking. Several p...
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
NH builders seek predefined input rates for projects under active bidsRoad builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. The...
Fuel price hike hitting common people, contractors stopping work due to rising bitumen costs: Himachal PWD ministerHimachal Pradesh Public Works Department Minister Vikramaditya Singh alleged that rising petrol and diesel prices are fueling inflation, im...
Word of the day: BitumenBitumen meaning: Bitumen, a sticky black substance, builds our modern world. Ancient civilizations used it for boats and buildings. Today, ...
Nexxus Petro Industries share list with 20% premium on BSE SMENexxus Petro Industries' shares debuted positively on the BSE SME, opening at Rs 126, surpassing the upper price band expectations. Engaged...
Sharp rise in commodity prices to have adverse impact on construction industry's profitability: IcraA sharp rise in commodity prices seen in FY22, if sustained, can reduce players' profitability by 100-200 basis points in the current finan...
Upasi pitches for roads laid with rubber bitumenAccording to Upasi, there is huge potential for use of rubberised bitumen in road laying and the attempts made in the past on this has show...
Oil traders scrape bottom of the barrel to seek out new fortuneWhile there’s no shortage of bitumen, world’s largest traders are jumping in as the shift in production locations and increased demand crea...
Gulf Petrochem's open offer to acquire up to 26% of Sah PetroleumsGulf Petrochem Group, a UAE-based leading player in oil space, today said it has made an open offer to acquire upto 26 per cent of Sah Petr...
Gulf Petrochem's open offer to acquire up to 26% of Sah PetroleumsGulf Petrochem Group, a UAE-based leading player in oil space, today said it has made an open offer to acquire upto 26 per cent of Sah Petr...
- Road project development hit as input costs increase 25% in Q2
Soaring inflation has hit road projects as input costs have risen over 25% in the second quarter of this fiscal.
- Road projects face further delays on rising input cost
Rising crude, bitumen and steel prices may again delay awarding of road projects under the National Highway Development Programme (NHDP).
- Crude price rise hits road building costs
Ever wondered whether the movement of crude oil prices on the world’s top bourses have a bearing on the roads you drive on?