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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...
- Construction costs up 25% since global conflicts began, developers flag material shortages: CREDAIConstruction costs have surged over 25 percent due to global conflicts. Supply chain issues, labor shortages, and rising material prices ar...
- Government assures 78 days of oil amid MPs' concernsConcerns over fuel, shipping, and fertilizer supplies dominated a Parliamentary panel meeting. Officials assured adequate fuel reserves and...
- 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...
- Petrol, diesel prices hiked by Rs 3/litre: Here’s what top economists have to sayFuel prices in India saw their first increase in over four years on Friday. Petrol and diesel prices rose by approximately Rs 3 per litre. ...
- TotalEnergies refinery working full tilt to keep France fuelledFrance's largest refinery, TotalEnergies in Gonfreville-l'Orcher, is working at full capacity. It is boosting production of diesel and jet ...
- Govt reviews rural schemes, supply chain woes to protect beneficiaries from Iran war impactThe Rural Development Ministry is reviewing its key schemes in response to the West Asia conflict's potential impact on global supply chain...
- More relief steps may be on the way for highway contractors as West Asia war dragsThe road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt...
- Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
- 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 ...
- 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...
- Road project development hit as input costs increase 25% in Q2Soaring inflation has hit road projects as input costs have risen over 25% in the second quarter of this fiscal.
- Crude price rise hits road building costsEver wondered whether the movement of crude oil prices on the world’s top bourses have a bearing on the roads you drive on?
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