Strait of Hormuz crisis a wake up call! India eyes Rs 40,000 crore subsea pipeline for uninterrupted gas supplies from Gulf

India’s demand for natural gas has been climbing steadily as the country seeks to raise the share of gas in its overall energy basket. (AI image) As concerns surrounding the Strait of Hormuz intensify, India is fast-tracking efforts to secure uninterrupted gas imports from the Gulf through a direct subsea pipeline. With energy security emerging…

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Gold, silver price prediction: After duty hike to 15%, will gold head to Rs 1.70 lakh/10 grams & silver hit Rs 3.4 lakh/kg? Check outlook

MCX Gold is holding a bullish tone on the weekly chart, bouncing from recent lows and pushing back toward the recent swing high. (AI image) Gold and silver price prediction today: According to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group, both gold and silver prices are exhibiting a bullish bias this…

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Cabinet okays Rs 37,500 crore coal gasification scheme to boost syngas production

The Union Cabinet has approved a Rs 37,500 crore scheme to promote coal and lignite gasification projects, Union minister Ashwini Vaishnaw on Wednesday said, positioning the initiative as a major step towards cleaner coal utilisation, energy security and import substitution.The scheme aims to accelerate the conversion of coal and lignite into synthesis gas, or syngas,…

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Stock market today (May 13, 2026): Which are the top gainers and losers in BSE Sensex and Nifty50? Check list

Equity benchmarks ended slightly higher on Wednesday after four straight sessions of losses, with buying in metal, energy and FMCG counters helping markets recover from sharp intra-day swings.The BSE Sensex settled 49.74 points, or 0.07 per cent, higher at 74,608.98, while the NSE Nifty50 gained 33.05 points, or 0.14 per cent, to close at 23,412.60.Markets…

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