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NEW DELHI: Cabinet Wednesday approved the construction of the 374-km greenfield access-controlled Nashik-Solapur-Akkalkot highway in Maharashtra, which is part of the Surat-Chennai high-speed corridor, at an estimated cost of Rs 19,142 crore. This will be the largest value of highway project on Build, Operate, Transfer (BOT) mode in the country’s NH development history, I&B minister…
Indian steel and aluminium exports to the European Union will face a carbon-linked cost from January 1, 2026, as the EU’s Carbon Border Adjustment Mechanism (CBAM) moves from the reporting phase to its payment-linked stage, according to a report by the Global Trade Research Initiative (GTRI).Although the CBAM levy will be paid by EU-based importers,…
Is Saudi Arabia Still Affordable? New Data Reveals a Changing Cost-of-Living Story As Saudi Arabia accelerates its economic transformation under Vision 2030, the everyday financial landscape for residents, both citizens and expatriates, is changing rapidly. From housing to groceries, consumer prices are evolving against a backdrop of modest inflation, residential property pressures and shifting wage…
Gold and silver prices rebounded sharply on Tuesday, driven by fresh buying after heavy profit-booking from record highs, with silver leading the recovery in futures trade.Gold witnessed steady buying on the Multi Commodity Exchange (MCX). The February gold contract rose by Rs 826, or 0.61%, to Rs 1,35,768 per 10 grams, with trading volumes of…
Silver and gold continued their glittering rallies on Monday. Silver extended its record-breaking rally to a sixth consecutive session as strong investor demand and supportive global cues pushed prices to fresh highs in the futures market. On the Multi Commodity Exchange (MCX), silver futures for March delivery surged by Rs 14,387, or 6%, to touch…
Image Credit: Bilal Bahadur/TNN SRINAGAR: Kashmir’s apple orchards — the backbone of the Valley’s rural economy — are under renewed scrutiny as lawmakers and medical experts raise concerns over a possible link between decades of pesticide use and rising cases of malignant brain tumours among orchard workers.Lawmakers shift focus to farmers’ healthThe concerns were raised…
Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….
NEW DELHI: Top 10 extreme weather events such as wildfires, heatwaves, floods and cyclonic storms cost the world more than $122 billion in 2025, said a report – Counting the Cost 2025 – released by a global not-for-profit organisation, Christian Aid. Exceptionally heavy monsoon rainfall experienced by large parts of India and Pakistan from June…
Mustafa Suleyman, head of Microsoft AI, emphasizes the staggering financial stakes in the AI landscape, estimating that companies may need to spend hundreds of billions to compete effectively. Such investment is necessary for building robust frameworks and securing premier talent, giving established powerhouses a formidable lead. Microsoft AI CEO Mustafa Suleyman has warned companies of…
Indian Railways on Sunday announced a revised fare structure for passengers that will come into effect from December 26, as part of a fare rationalisation exercise to address rising operational and manpower costs.According to the Railways, the revised fare structure is expected to earn approximately Rs 600 crore in during the current year.Here’s the new…
