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Time of India
3 days ago
- Business
- Time of India
Meerut Transit Oriented Development: Meerut Pioneers Transit Oriented Development Zones in India, ET Infra
Advt By , ET Bureau Meerut has become the first city in India to integrate transit oriented development (TOD) zones into its 2031 Master Plan. This would incorporate urban development around a transit project, potentially unlocking new real estate opportunities in the region. Meerut Development Authority (MEDA) has earmarked about 3,273 hectares for the TOD, out of which 2,442 hectares have been delineated into seven TOD zones and two special development area (SDA) zones around the Namo Bharat and Meerut Metro corridors."While the majority of the land is privately held and we will earn revenue through FSI, we are also planning a 300-hectare township where we will auction land to private developers," said Vijay Kumar Singh, town planner at MEDA. "We are doing the zonal planning in consultation with NCRTC ."National Capital Region Transport Corporation (NCRTC) is implementing India's first Namo Bharat corridor between Delhi, Ghaziabad, and Meerut. Namo Bharat is India's first regional rapid transit system (RRTS) train service with the first being the Delhi-Ghaziabad-Meerut project."By harnessing potential of transit-oriented development and value capture financing, NCRTC is enhancing financial sustainability of Namo Bharat project," said Shalabh Goel, MD, NCRTC.
Time of India
5 days ago
- Business
- Time of India
c HPCL, Canara Bank among top 4 trading ideas for 29 May 2025
The Indian market is likely to trade in the green on Thursday, tracking positive global cues. The Nifty future closed negatively with losses of 0.46% at 24,747 levels on Wednesday. India VIX fell 2.7% to close at 18.02 in the previous trading session. On the options front, the maximum Call OI is placed at 24,800 and then towards 25,000 strikes while the maximum Put OI is placed at 24,500 and then towards 24,700 strikes. Call writing is seen at 24,800 and then towards 25,300 strikes, while Put writing is seen at 24,750 and then towards 24,700 strikes. 'Options data suggests a broader trading range in between 24,300 to 25,300 zones while an immediate range between 24,500 to 25,000 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited , said. 'Nifty formed a small bodied bearish candle and an inside bar on the daily frame on Wednesday,' he added. 'Now the index has to hold above 24,700 zones for an up move towards 24,900 then 25,100 zones else weakness could be seen towards 24,600 then 24,450 zones,' recommended Taparia. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jaynit Vora, CMT - Research Analyst, IIFL told ETBureau Deepak Fertilizers Ltd: Buy| Target Rs 1520| Stop Loss Rs 1390 HPCL : Buy| Target Rs 438| Stop Loss Rs 404 Canara Bank : Buy| Target Rs 117| Stop Loss Rs 107 F&O Strategy – Siemens: Buy| Target Rs 3495| Stop Loss Rs 3225 Expert: Kunal Bothra, Market Expert told ETNow MFSL: Buy| Target Rs 1550| Stop Loss Rs 1475 Container Corp: Buy| Target Rs 800| Stop Loss Rs 755 Union Bank of India : Buy| Target Rs 150| Stop Loss Rs 139 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
5 days ago
- Business
- Time of India
Domestic natural gas prices may fall in June on crude oil decline
New Delhi: Domestic natural gas could get cheaper next month, potentially bringing down driving and cooking costs for millions of customers. For the first time in two years, domestic gas is likely to sell at less than the ceiling price set by the government, as crude oil prices have declined. This would boost the margins of city gas distributors . If they pass on part of the benefit to consumers, compressed natural gas (CNG) and piped natural gas ( PNG ) prices may fall. The government revises the domestic price of gas-also known as the administered price mechanism (APM) price-every month, based on the average crude price in the trailing month. The gas price is pegged at 10% of the Indian crude basket price. Based on May's average crude price of $64 per barrel, the gas price for June would be around $6.4 per mmBtu, lower than the current ceiling price of $6.75 per mmBtu. Play Video Play Skip Backward Skip Forward Mute Current Time 0:00 / Duration 0:00 Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions and subtitles off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like [Click Here] 2025 Top Trending local enterprise accounting software Esseps Learn More ET Bureau The government introduced this crude-linked pricing formula in April 2023, setting a price band between $4 and $6.5 per mmBtu, with the ceiling scheduled to rise by 25 cents from April 2025. Live Events Since the formula's introduction, high crude prices meant the ceiling price effectively served as the market price each month. June will mark the first time the effective domestic gas price falls below the ceiling. In April 2023, the government also introduced the concept of "new well" domestic gas, which can be sold at 12% of the crude price and is not subject to a ceiling. With crude prices falling, new-well gas prices have also declined. City gas distributors use both APM gas and new well gas to supply CNG to vehicles and PNG to households. New well gas accounts for about a quarter of the domestic gas supply to Indraprastha Gas Ltd , the country's largest city gas distributor. APM and new well gas allocations vary by company. Falling input costs can boost the margins of city gas distributors, which have faced shrinking APM gas allocations over the past two years. The lower allocation of domestic gas-which is significantly cheaper than imported liquefied natural gas (LNG)-has eroded margins and triggered multiple retail price hikes.
Economic Times
26-05-2025
- Business
- Economic Times
Stocks to buy today: Axis Bank, BHEL among top 5 trading ideas for 26 May 2025
The Indian market is expected to open higher on Monday, supported by positive global cues. Nifty futures ended Friday with a 0.96% gain at 24,890, while India VIX edged up slightly to 17.28 in the previous session. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited told ETBureau F&O Strategy – The Indian market is likely to trade higher on Monday, tracking positive global Nifty future closed positively with gains of 0.96% at 24,890 levels on Friday. India VIX rose marginally to close at 17.28 in the previous the options front, the maximum Call OI is placed at 26,000 and then towards 25,000 strikes while the maximum Put OI is placed at 24,000 and then towards 24,500 writing is seen at 24,900 and then towards 25,300 strikes, while Put writing is seen at 24,800 and then towards 24,900 strikes.'Options data suggests a broader trading range in between 24,300 to 25,300 zones while an immediate range between 24,600 to 25,000 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited , the weekly chart, the Nifty has formed a small-bodied bearish candle with a long lower shadow on Friday, indicating that buying interest emerged from lower levels.'It formed a bullish candle on the daily chart, negating the sequence of lower highs and ended the day with gains of nearly 250 points,' he added.'Now the Nifty50 has to hold above 24,750 zones for an up move towards 25,100, then 25,300 zones while supports are shifting higher at 24,750, then 24,600 zones,' recommended Target Rs 1,900| Stop Loss Rs 1,755Buy| Target Rs 252| Stop Loss Rs 231Buy| Target Rs 1,070| Stop Loss Rs 975Buy| Target Rs 1,270| Stop Loss Rs 1,180Buy| Target Rs 267| Stop Loss Rs 249
Time of India
26-05-2025
- Business
- Time of India
Stocks to buy today: Axis Bank, BHEL among top 5 trading ideas for 26 May 2025
The Indian market is likely to trade higher on Monday, tracking positive global cues. The Nifty future closed positively with gains of 0.96% at 24,890 levels on Friday. India VIX rose marginally to close at 17.28 in the previous session. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Find Affordable Apartments in Tabuctubig (Check Now) Apartments for rent | Search Ads Learn More Undo On the options front, the maximum Call OI is placed at 26,000 and then towards 25,000 strikes while the maximum Put OI is placed at 24,000 and then towards 24,500 strikes. Call writing is seen at 24,900 and then towards 25,300 strikes, while Put writing is seen at 24,800 and then towards 24,900 strikes. 'Options data suggests a broader trading range in between 24,300 to 25,300 zones while an immediate range between 24,600 to 25,000 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited , said. Live Events On the weekly chart, the Nifty has formed a small-bodied bearish candle with a long lower shadow on Friday, indicating that buying interest emerged from lower levels. 'It formed a bullish candle on the daily chart, negating the sequence of lower highs and ended the day with gains of nearly 250 points,' he added. 'Now the Nifty50 has to hold above 24,750 zones for an up move towards 25,100, then 25,300 zones while supports are shifting higher at 24,750, then 24,600 zones,' recommended Taparia. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited told ETBureau SBI Life: Buy| Target Rs 1,900| Stop Loss Rs 1,755 Hindustan Copper: Buy| Target Rs 252| Stop Loss Rs 231 Ramco Cement: Buy| Target Rs 1,070| Stop Loss Rs 975 F&O Strategy – Axis Bank : (May 29 Expiry): Buy| Target Rs 1,270| Stop Loss Rs 1,180 BHEL (May 29 Expiry): Buy| Target Rs 267| Stop Loss Rs 249 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
