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Indian office market sees steady demand uptrend; key cities' rentals remain stable

The resilience exhibited by the Indian economy despite the global headwinds and availability of talent continues to help the office property markets in key cities sustain the growth trend. ....

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Kazakhstan Assumes ArcelorMittal Operations Amid Deadly Fire

Kazakhstan is finalizing the acquisition of ArcelorMittal SA’s local business, which was rocked on Saturday when dozens of workers died in an underground coal mine fire. ....

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nlc: Coal PSU NLC targetting 17 GW capacity by 2030, to invest Rs 82,700 cr: CMD

NLC India, a state-owned power generation company, plans to invest Rs 82,700 crore by 2030 to increase its capacity to 17 GW. Out of this, 6 GW will be from renewable sources and the remaining 11 GW from conventional sources. Currently, NLC has an installed capacity of 6 GW, with 1.4 GW coming from green sources. The company also has ongoing projects, including a thermal power plant in Uttar Pradesh and a pithead thermal power plant in Odisha. NLC is diversifying its activities by venturing into lignite-methanol projects and forming subsidiaries for asset monetization and renewable projects. ....

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NLC India: NLC India exploring possibility of mining critical minerals, will participate in auction: CMD

NLC India Ltd, a state-owned mining and power generation company, is considering the mining of critical minerals, such as lithium. The company s chairman, Prasanna Kumar Motupalli, stated that NLC India has the expertise in mining and wants to leverage this capability in critical minerals. The government is currently in the process of auctioning these minerals, and NLC India plans to participate. ....

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Oil Soars As Hamas' Attack On Israel Fans Middle East Tensions

Oil surged as much as 5% after the broadest and bloodiest attack on Israel in decades threatened to inflame tensions in the Middle East, the source of around a third of the world’s crude. ....

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