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A man in a vest and white pants speaks at a podium with a large screen behind him. Three vehicles are parked to his right.

India Launches E85 Fuel: A Leap for Flex Fuel Mobility

India introduces E85 fuel (80-85% ethanol blend) to accelerate its flex fuel mobility initiative, aiming for sustainable transport and reduced fossil fuel dependence. Learn more.

A bustling gold market in Mumbai, India, with many people examining and selling intricate gold jewelry.

India Gold Prices Jump 4.1% in May, Outpacing Global Markets

Discover why India’s gold prices surged 4.1% in May, defying global trends due to local currency weakness and policy shifts, as per the World Gold Council.

A wide shot of a large industrial complex for coal gasification, with multiple towers, pipes, and machinery under an overcast sky.

Coal Ministry Boosts Gasification: 100 MT Target by 2030

India’s Coal Ministry seeks applications for financial incentives to drive coal gasification projects, aiming for 100 million tonnes by 2030. A push for cleaner energy tech.

An aerial shot of a vast, terraced open-pit iron ore mine with yellow haul trucks moving along dusty roads.

Supreme Court: States Can Raise Mining Royalties Post-Law Change

Supreme Court rules states can charge higher mining royalties after law changes post-tender, upholding Karnataka’s decision. Learn about the impact on mining contracts.

A large white satellite dish stands in the foreground, with a vast body of water behind it. On the water, a massive oil tanker is visible, accompanied by two smaller tugboats. In the far background, distant landmasses rise under a hazy sky.

Stealth Oil Flows from Hormuz Challenge Market Gauging

Tankers using stealth tactics to exit the Strait of Hormuz are increasing oil flows, making it harder for traders to gauge global market dynamics and increasing uncertainty.

A wide shot inside a large, secure vault shows shelves filled with stacks of gold bars. A uniformed guard stands in the aisle.

RBI Denies $12 Billion Gold Sale, Reserves Unchanged

The Reserve Bank of India refutes $12 billion gold sale rumors, confirming its gold reserves remain stable at 880.52 tonnes, ensuring market stability.

A large, worn blue truck with a tarp-covered load is parked at a fuel pump. Two men stand beside the truck.

India Fuel Demand Slows: Price Hikes & Industrial Downturn

India’s fuel demand growth decelerates due to rising gasoline/diesel prices and industrial slowdown, impacting consumers and the crucial trucking sector.

An ultra-realistic photo of a large black and white LNG tanker ship named "MASRUK" being guided into a port by a tugboat. In the foreground are large, rusted industrial pipes. Cranes and other port infrastructure are visible in the hazy background under an overcast sky.

Oman Tops India LNG Supply Amid Gulf Disruptions

Oman now India’s top LNG supplier, overtaking Qatar in March due to Gulf war disruptions. India seeks stable energy alternatives amid volatile gas flows.

An industrial port scene shows large spherical LNG storage tanks and a docked LNG tanker under an overcast sky.

Oman Becomes India’s Top LNG Supplier Amidst Gulf Tensions

Oman overtakes Qatar as India’s primary LNG source due to Gulf war disruptions, highlighting a strategic shift for stable energy imports.

An aerial view of an expansive oil refinery complex with numerous storage tanks, pipelines, and processing units under an overcast sky.

India Fuel Exports Hit 4-Year Low in May

India’s fuel exports hit a nearly 4-year low in May, prioritizing domestic demand amid global tensions and refinery maintenance. Learn more.

An industrial complex with a large yellow gantry crane lifting a massive, rusted cylindrical piece of machinery. In the background are tall red and white smokestacks and other smelter structures under a hazy sky.

Vedanta Zambia Shuts Copper Smelter for 60-Day Maintenance

Vedanta’s Konkola Copper Mines in Zambia has begun a 60-day shutdown of its Nchanga copper smelter for essential maintenance, aiming to boost efficiency and long-term production.

Two large LNG carriers, one grey and one dark blue, travel side-by-side on open water under an overcast sky.

Iran War Sparks Global Gas Trade ‘Shadow Fleet’ Amid Hormuz Tensions

Qatar uses ‘shadow fleet’ tactics for LNG exports amid Iran conflict and Strait of Hormuz security risks, reshaping global gas trade dynamics.

A massive oil tanker, the "Pacific Endeavor," with a dark hull and red bottom, sails through green water.

Asia’s Oil Supply Strain: US Crude Insufficient Amid Strait of Hormuz Fears

Asian nations face oil supply challenges as US crude imports rise but cannot fully replace lost volumes due to Strait of Hormuz disruptions, risking higher fuel prices.

A wide shot of a dusty fuel distribution hub with stacks of red LPG cylinders in the foreground and white fuel trucks.

LPG Sales Drop 24%, Petrol & Diesel Consumption Rises in May

May sees a 24% drop in LPG sales by state-run companies, contrasting with a rise in petrol and diesel consumption, indicating a significant shift in fuel usage patterns.

A wide shot of a port with many large, rusty steel coils in the foreground, and cranes, forklifts, ships, and industrial smoke in the background under an overcast sky.

Indian Steelmakers Battle Surge in Cheap Chinese Imports

Chinese steel exports to India hit a 2-year high in April, making India a net importer. Domestic producers face pressure from cheap imports, impacting the market.

An industrial interior with several workers, wearing yellow hard hats and blue coveralls, filling colorful paint cans on an assembly line.

India Paint Industry Eyes Growth Despite Crude Oil Volatility

India’s paint sector projects robust FY27 volume growth, fueled by urban and rural demand, even amidst crude oil price fluctuations and input cost pressures.

An aerial photograph shows a vast, terraced open-pit mine carved into dry, dusty hills with machinery visible on the ramps.

India’s Aravalli Hills Scarred by Mining, Desertification Threat

Large-scale mining is devastating India’s Aravalli mountains, a vital ecological buffer protecting the Gangetic plains from desertification and harsh winds. Urgent action needed.

An industrial landscape featuring a refinery with large spherical tanks, pipelines, and a sign for "GUJARAT REFINERY - EXPORT TERMINAL". A ship is visible in the background on the water.

India Cuts Export Duties on Petrol, Diesel, ATF from June 1

India slashes export duties on petrol, diesel, and ATF from June 1. New rates to be reviewed fortnightly based on global oil prices.

An aerial view of a large oil refinery complex under an overcast sky, with numerous industrial structures, storage tanks, and a line of tanker trucks.

India Revises Windfall Tax on Fuel Exports; ESOP Tax Reform Urged

India adjusts windfall tax on fuel exports, reintroducing diesel & ATF duties from June 1, 2026. Calls for ESOP tax reform grow, advocating taxation on actual sale gains.

A close-up shows a hand holding an electricity bill in front of a meter on a concrete wall, with a 10% surcharge visible.

UP Power Bills Increase: 10% Fuel Surcharge in June

Uttar Pradesh consumers to face a 10% fuel surcharge on June electricity bills. UPPCL implements the hike due to rising fuel and power purchase costs.

A small patrol boat creates a wake as it escorts several large oil tankers through a wide shipping lane, with hazy mountains in the distance.

IMF, World Bank: Middle East Conflict Threatens Global Energy

IMF & World Bank warn Middle East conflict strains global energy supplies, impacting vulnerable economies and raising fuel security concerns amid rising demand.

A busy street scene at a Mahanagar Gas Limited CNG station in Mumbai, with several auto-rickshaws and cars.

Mahanagar Gas Hikes CNG & Piped Gas Prices in Mumbai

Mahanagar Gas Ltd (MGL) increases CNG by Rs 2/kg and piped gas by 50 paise/unit in Mumbai due to rising procurement costs. Impacting millions of households and transport users.

A large commercial oil tanker with a red hull and black superstructure sails through hazy blue water, followed by a gray US Navy destroyer. Other ships are visible in the distant haze.

Strait of Hormuz Ship Traffic Surges on US Aid & Trade Hopes

Ship transits through the Strait of Hormuz increase, boosted by US navigational aid and optimism for global trade, signaling improved regional shipping dynamics.

India's Gold Demand Plunges 70% Following Steep Import Duty Hike

India Gold Demand Drops 70% After Import Duty Hike

India’s gold demand has plummeted by 70% to 7.5 tonnes following a sharp increase in import duty to 15%. Discover the impact on the market.

A young man holds a smartphone displaying a gold verification app, with a woman and jeweler looking on.

HUID Code: Ensure Gold Purity Beyond Hallmarks

Verify the HUID code on hallmarked gold jewellery for guaranteed authenticity and purity. Understand the process and your rights.

A wide, elevated view of an active Indian steel plant under an overcast sky, with multiple towering blast furnaces, conveyor systems, and glowing molten metal being poured.

Indian Steel Giants Hike Capex 65% Amidst West Asia Challenges

JSW, Tata Steel, SAIL, and JSPL boost capital expenditure by 65%, demonstrating resilience and confidence in India’s steel sector despite West Asian cost pressures.

An aerial view of an oil tanker docked at a busy industrial port, surrounded by large white storage tanks and numerous wind turbines.

IEA: Iran War Triggers Unprecedented Global Energy Crisis

The IEA warns of a historic energy security crisis fueled by the Iran war, disrupting global fuel flows and forcing nations to seek new supplies and reshape investments.

Gold ETFs vs. Gold Mutual Funds: Returns, Costs, Taxation, and SIPs

Gold ETFs vs. Mutual Funds: Returns, Costs, Tax & SIPs

Compare Gold ETFs and Gold Mutual Funds: Understand differences in returns, costs, taxation, and SIPs to make the best investment choice for your portfolio.

Wide shot of an oil field under an overcast sky, with multiple pumpjacks, pipelines, workers, and two prominent signs.

ONGC Cambay Block Control Delayed: Vedanta Challenges Govt Decision

ONGC’s takeover of Cambay block CB-OS-02 is halted as Vedanta challenges the government’s contract rejection. Delhi High Court orders status quo.

An Iranian patrol boat approaches a large commercial oil tanker in the Strait of Hormuz, with mountainous coastlines in the background.

US Sanctions Strait of Hormuz Authority

US imposes new sanctions on the Persian Gulf Strait Authority, increasing pressure on Iran over its control of the vital Strait of Hormuz and its impact on global oil markets.

    Commodities News & Market Signals – Page 29 | ThePip