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New Delhi: The coal ministry is closely monitoring fuel offtake by state nodal agencies amid reports of an increase in buffer stock by the informal industrial sector, people close to the matter said. Coal India Ltd supplies coal to state nodal agencies which mainly cater to small and medium-sector consumers, such as brick kilns and other small industrial units that do not have fuel supply agreements. The ministry has reached out to states to gauge their requirements and ensure adequate supplies ...Read More >
New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >
Bengaluru -- Aluminium prices surged to four-year highs on Monday as Iranian air strikes on two major Middle East producers over the weekend raised the risk of a prolonged supply shock. Benchmark aluminium on the London Metal Exchange was up 4.7% to $3,453 a tonne at 10.48am GMT. Prices of the metal used in the transport, construction and packaging industries touched $3,492 earlier in the session. The US-Israeli war on Iran and resulting closure of the Strait of Hormuz have already restricted ...Read More >
New Delhi, Oct 19 (SocialNews.XYZ) Afghanistan, once described as the 'geographical pivot of history', is once again living up to that reputation as signs of the return of the Cold War could be seen on the Afghan horizon. In the rivalry between the British and Russian empires in the 19th century, called the 'Great Game', Afghanistan was the key to Central Asia, and was eventually looked upon as a buffer between the two competing powers. The emergence of the Kabul Emirate in 2021 has again crea ...Read More >
New Delhi: The three-year-old war between Russia and Ukraine is not coming to an end, rather the war between the two countries seems to be reaching a dangerous turn. After the destruction caused by Ukraine's drone attack by entering Russia and Putin's retaliation on it, the threat of a nuclear showdown has increased. Military experts say that if Ukraine loses, then European countries will be Russia's next target directly. Ukraine currently acts as a buffer zone between Russia and Europe. As soon ...Read More >
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