BEML flags off 2,100th metro coach, secures land for new unit in Madhya Pradesh

Bharat Earth Movers Ltd on Thursday flagged off its 2,100th metro coach from its rail coach factory in Bengaluru. The occasion was attended by Madhya Pradesh’ CM Mohan Yadav, who also handed the rail manufacturing company an allotment for its new manufacturing unit in Umeria, Raisen district.The newly-flagged 2100th metro coach was developed for the…

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IEA raises 2025 oil demand forecast slightly amid softer trade tensions and lower prices

Global oil demand is now projected to grow marginally more than previously expected in 2025, the International Energy Agency (IEA) said Thursday, citing easing trade tensions and a decline in crude prices as key factors supporting consumption.The Paris-based energy watchdog revised its oil demand growth forecast to 740,000 barrels per day (bpd) for the year,…

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Global stock markets decline, oil prices slide over $2 per barrel on hopes for US-Iran deal

World shares mostly fell on Thursday while oil prices dropped more than $2 per barrel, as investors speculated about the potential for a US-Iran nuclear agreement that could ease sanctions and boost global oil supply.US benchmark crude lost $2.37 to $60.78 per barrel, while Brent crude, the global standard, slipped $2.32 to $63.70 per barrel.President…

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India’s oil demand to surge by 3.39% in 2025, doubling China’s pace: Opec report

India is set to register the fastest oil demand growth among major global economies in 2025 and 2026, outpacing China by more than double, according to the latest Monthly Oil Market Report from the Organization of the Petroleum Exporting Countries (Opec).Driven by rising energy needs in the world’s fastest-growing major economy, India’s oil demand is…

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‘Our enemies know where soldiers fly’: EaseMyTrip accuses rival of China link, MakeMyTrip denies ‘malicious’ charge

NEW DELHI: A fierce corporate battle has broken out in online travel space, with serious national security undertones.EaseMyTrip founder Nishant Pitti has accused rival MakeMyTrip of endangering defence personnel by allegedly sharing booking data through a platform he claimed is “majorly owned by China”. In a provocative post on X (formerly Twitter) on Wednesday evening,…

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Who’s paying more: E-commerce, automotive, or manufacturing? Here’s what Deloitte report says

Blue-collar wages in India are rising at an annual rate of 5–6%, driven by strong demand for skilled talent across core industries and the growing adoption of performance-based incentives, according to Deloitte’s latest report released Thursday.The report, titled ‘Blue-Collar Workforce Trends 2025’, highlights a 10% increase in hiring intent for blue-collar roles in 2025, reflecting…

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Urbanisation with sustainability: SBI calls for more Smart Cities and AMRUT projects

The government should ramp up efforts on programmes like the Smart Cities Mission and AMRUT to promote greener urban development and strengthen ecological resilience, a new report by the State Bank of India (SBI) recommended.According to the report, these initiatives are crucial in managing India’s rapid urban growth while safeguarding the environment. It explained that…

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