Dilip Buildcon shares rallied 11.88% in early trade on Thursday, hitting a day’s high of Rs 439 on the NSE, after the company received a letter of intent (LOI) to lay, build, operate or expand an LPG pipeline from Paradip in Odisha to Raipur in Chhattisgarh.

According to a filing with the exchange, the company said that the Project Authority is Petroleum and Natural Gas Regulatory Board (PNGRB) and this project entails the grant of an exclusive license by PNGRB to act as the authorized entity for the development of “pipeline” infrastructure for the transportation of LPG, including financing, construction, and operation of the same, and to levy and collect tariff for the transportation of LPG up to the designated delivery point.

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The operation period by which the order(s) / contract(s) is to be executed is 25 years and the execution period is of three years.

The project shall be implemented through a Special Purpose Vehicle (SPV), in which Dilip Buildcon shall hold 100% equity. The Engineering, Procurement and Construction (EPC) works are proposed to be awarded to DBL, representing a business opportunity.

This project is valued at approximately Rs 1800 crore (excluding GST) and is to be executed over a period of 36 months.
Under the proposed project, Dilip Buildcon will undertake the design, finance, development, construction, operation and maintenance of the proposed LPG pipeline infrastructure, subject to applicable approvals, authorisations and regulatory requirements of the Petroleum and Natural Gas Regulatory Board.The proposed pipeline infrastructure will facilitate the transportation of LPG to the bottling plants of various Oil Marketing Companies (OMCs), thereby intending, replacing the existing road-based transportation of LPG through tankers and enhancing road safety.

The company further said that the pipeline is proposed to be operated also as a common carrier, in accordance with the applicable PNGRB framework, with eligible OMCs/users accessing the pipeline capacity.

This project will generate revenue through the applicable petroleum and petroleum products pipeline transportation tariff for transportation of LPG through the pipeline.

Accordingly, Dilip Buildcon’s role through SPV will be to develop and operate the LPG pipeline infrastructure and provision of transportation services and to clarify the matter, Dilip Buildcon will not be engaged in the procurement, trading, distribution or sale of LPG, or bear the associated commercial risks relating to LPG procurement and marketing.

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Dilip Buildcon share price movement

In the last one month, the stock was down 5.21%. The stock is down 11.44% in the current calendar year so far and 14% in the last one year. The stock gained 25.92% in the last three years and fell 17.98% in the last five years.

Disclosure: This article has been written by Surbhi Khanna, who is not a SEBI-registered Research Analyst or an investment advisor . Surbhi Khanna does not hold any financial interest in Economic Times as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of the EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment.

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WASHINGTON — President Donald Trump has spent much of 2026 saying the United States just posted the largest drop in violent crime on record and a murder rate not seen in 125 years. The FBI’s 2025 crime report, released in August, gives him a large piece of that claim and leaves another piece to researchers who reach further back than the bureau does.

Speaking at the Nassau County police academy on Long Island on Aug. 14, Trump said the new Uniform Crime Report showed that “in 2025, we achieved the single largest reduction in violent crime in American history.” In earlier Oval Office remarks he put the homicide story in a longer frame: “And with your help, last year, we achieved the largest drop in murder rate ever recorded, the lowest level in 125 years. That’s since the year 1900.” In February he told reporters, “The crime rate now is the lowest it’s been since 1900. That’s 125 years.”

The FBI’s own tables for 2025 are narrower and still striking. The bureau estimates 1,119,768 violent crimes nationwide, a 9.3% drop from 2024 and the largest year-to-year decline since it began national estimates in 1936. The violent-crime rate fell 9.7%, from 362.9 offenses per 100,000 people to 327.6. Murder and nonnegligent manslaughter fell 18.1%, to an estimated 14,085 killings, a rate of 4.1 per 100,000. The FBI said that rate ties 1955 and 1956 for the lowest since national estimates began. Robbery fell 18.5%, rape 7.6% and aggravated assault 7.2%. Property crime dropped 12.4%.

Director Kash Patel called the 2025 figures “the single largest decrease in violent crime and murder since 1937.” Jeff Asher, co-founder of AH Datalytics, wrote that the report “confirms that crime in the U.S. is falling at or near a historic clip” and that 2025 was “the third straight year of a record drop in murder,” with 2026 data pointing to another large decline. “The bottom line is that the U.S. murder rate was lower last year than it has been in the lifetime of anyone born after Kennedy was elected president, and it’s plunging even lower in 2026,” Asher said.

The 125-year line does not come from the FBI’s 1936-to-present series. It comes from the Council on Criminal Justice, which combined modern FBI counts with public-health death records back to 1900. In a January analysis of city data, the council said the 2025 homicide rate was on pace to be “the lowest rate ever recorded in law enforcement or public health data going back to 1900, and would mark the largest single-year percentage drop” on record. It projected about 4 killings per 100,000. Asher’s similar estimate was about 4.2. Both sit below the 4.4 rate in 2014, the modern-era low under consistent FBI methods since 1960.

Historians of the data urge caution on anything before 1960. Older FBI returns covered a smaller share of the country and used different definitions. Public-health mortality files fill the gap but are not the same as police reports. That is why fact-checkers have said murders are at multi-decade lows while the exact “since 1900” superlative is less certain than the 2024-to-2025 plunge, which the FBI does call the largest in its national series.

Attribution is the other fight. Crime was already falling before Trump returned to office in January 2025. Homicides jumped nearly 30% in 2020, the largest one-year rise in FBI records, then began dropping in the second half of 2022. The 2025 collapse is the steepest year in that unwind. The White House calls it a “Trump effect” and points to National Guard deployments and immigration enforcement in Washington, Memphis and New Orleans. Trump said Friday that crime was down 71% in Memphis, 75% in New Orleans and 81% in Washington. Those city percentages are administration figures; they are not the FBI’s national rates.

Criminologists told FactCheck.org the causes of a national drop this size are “myriad and unclear.” Extra officers in a few cities can change local counts. They do not by themselves explain an 18% national murder decline covering about 96% of the population through more than 17,000 agencies. Changes in reporting, hospital survival, the fading of the pandemic spike and ordinary cyclical decline all sit in the same spreadsheet.

Preliminary 2026 numbers keep falling. The White House cited first-half figures of violent crime down another 10.6% and murder down 23% from the same period in 2025. The Council on Criminal Justice’s mid-year city sample found homicides 18% lower in the first six months of 2026 than in the first half of 2025, 31% below 2019 and 51% below the recent peak around 2022. The FBI, in an unusual midyear note attached to the annual book, also said the slide was continuing.

What the official record now supports is this: 2025 produced the largest one-year drop in the FBI’s violent-crime and murder rates since national estimates started in the 1930s; the murder rate of 4.1 per 100,000 matches the bureau’s 1955–56 floor; independent researchers using longer mortality series say 2025 may be the lowest homicide year since 1900; and 2026 city samples point lower still. What the record does not settle is how much of that belongs to any single presidency, or whether “the crime rate” — a phrase that mixes murder, robbery, rape, assault and sometimes property crime — is literally the lowest in 125 years.

Trump is using the peak year of a multiyear decline as proof of a completed project. The tables show a country far safer than 2020 and safer than most of the last half-century. They also show a drop that began while he was out of office and accelerated on his watch. Both sentences can be printed next to the same 4.1.

Primark has said it plans to launch a home delivery service in Britain, four years after it made its first foray into e-commerce.

The retailer said it had bought a fulfilment facility in Sheffield to enable it to ship products to homes.

Primark did not sell goods online until 2022, when it launched a click-and-collect service which meant shoppers still had to travel to pick up their purchases.

The company said there was “opportunity for profitable growth” through home deliveries, which could help boost trade after Primark reported subdued sales following the recent hot weather.

The Transportation Security Administration has launched a new program allowing eligible TSA PreCheck members who are not flying to go through security and enter secure areas to greet arriving passengers or say goodbye to departing loved ones at the gate at some U.S. airports.

Under the program, eligible TSA PreCheck members without tickets can pass through security and enter gate areas, bringing back access that was largely restricted after the Sept. 11, 2001, terrorist attacks that led to heightened airport security measures.

The move would bring back the emotional send-offs and gate-side reunions that were common before 9/11. The program would also allow guests to meet someone during a layover or visit airport restaurants and shops.

After 9/11, access beyond airport security checkpoints was generally limited to ticketed travelers, although airlines could issue gate passes in certain circumstances.

CALIFORNIA AIRPORT CONSIDERING SCRAPPING POST-9/11 POLICY THAT BARRED GOODBYES AT TERMINAL GATES

“As an exclusive benefit for our most trusted travelers, this new program makes it easier to return to the gate for welcomes and send-offs, meet friends during a layover, and enjoy dining and shopping along the way, bringing back the moments that once defined air travel,” the TSA said on its website.

The program, Gateside by TSA PreCheck, is free, but members interested in a guest pass must apply online at least one day and no more than three days before their planned visits and receive approval before showing up at the airport.

If approved, guests can enter security using a TSA PreCheck lane with an acceptable form of identification. Visitors who do not have an acceptable form of identification can use TSA ConfirmID to attempt to verify their identity for a $45 fee. TSA does not guarantee that it will be able to verify their identity.

LAWMAKERS SEEK PROBE AFTER AIRLINES’ PASSENGER RECORDS ALLEGEDLY SHARED WITH FEDERAL AGENCIES WITHOUT WARRANTS

The passes are valid for only one calendar day, although reentries are permitted for that day.

Children can also go through security but must be included on their parent or guardian’s application.

The TSA said members of other trusted-traveler programs who have a Known Traveler Number may also apply for access to the gates.

The initial rollout applies to 13 airports, including Los Angeles International Airport, San Diego International Airport, Dallas-Fort Worth International Airport, Salt Lake City International Airport and Harry Reid International Airport in Las Vegas.

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The other participating airports are Phoenix-Mesa Gateway Airport, John Glenn Columbus International Airport, Detroit Metropolitan Wayne County Airport, Wichita Dwight D. Eisenhower National Airport, Indianapolis International Airport, Bill and Hillary Clinton National Airport, Will Rogers International Airport and Eppley Airfield.

But the agency said it plans to expand the program to additional airports in the coming months.

This comes as 21 airports across the country have adopted policies allowing non-ticketed visitors to receive a guest pass to move through airport security and into the terminal at no charge, with Pittsburgh International Airport being the first major U.S. airport to enact such a policy in 2017.

SEOUL — Samsung Electronics answered Apple’s first foldable iPhone with billboards, a website essay on weight and a round of posts that treated the iPhone Duo as a copy of work Korea already shipped.

Apple unveiled the Duo on Wednesday at $1,999, a book-style phone with a passport-shaped cover and a 7.6-inch inner screen. Samsung put the Galaxy Z Fold 8 on sale in August at $1,899 after showing the same wide layout on July 22. The $100 gap is the number both companies will live with into the holidays.

Liz Lee, an associate director at Counterpoint Research, called Apple’s sticker the surprise. “Apple’s pricing was one of the most impressive parts. Keeping the iPhone Duo just under the $2,000 mark, at $1,999, and only about $100 above the Galaxy Z Fold 8 looks like a pretty bold move by Apple,” she said. “We expect that Apple will really change the competitive landscape in foldables, and Samsung will see the most visible share pressure. But Samsung also has scale, years of experience and strong global distribution.”

Counterpoint’s current-year forecast puts Samsung at about 38 percent of foldable shipments and Apple at 25 percent if the Duo lands as planned. That would be a first-year haul no Chinese brand has managed in the West, and it would come from a company that still buys foldable panels from Samsung Display — Samsung’s own screen unit.

John Ternus, eight days into the Apple chief executive job after Tim Cook, framed the category as unfinished. He criticized existing foldables as “like two phones awkwardly stuck together.” Samsung’s reply on X was not a spec sheet. It posted lines that read as taunts: “reheating our leftovers” and “So far, so same.” The company also bought outdoor space in Seoul, Tokyo and London with “Welcome to Foldables” and “The World’s Lightest Fold,” pointing at the Fold 8’s 201-gram body. A Samsung website post on Wednesday walked through years of shaving grams off the hinge and chassis.

The hardware gap the ads sell is real on a scale. The Fold 8 is 53 grams lighter than the Duo’s listed 254 grams and thinner unfolded. Apple lists IP68 dust and water resistance; Samsung lists IP48 on the Fold 8. Apple claims up to 31 hours of video on the inner panel against Samsung’s 26-hour claim. Independent lab tests are not public. The Duo uses an A20 Pro chip on a 2-nanometer process; the Fold 8 uses Qualcomm’s Snapdragon 8 Elite Gen 5 for Galaxy. Apple added Pencil support and MagSafe-style magnets. Samsung dropped the S Pen on this wide Fold.

None of that changes who built the factory. Samsung shipped the first mass-market foldables in 2019 after early units cracked and the launch slipped. It has since put eight generations on shelves while Huawei and others took share in China. Apple is arriving after that learning curve, using suppliers Samsung trained. Ben Wood, chief analyst at CCS Insight, put the timing in a sentence companies use when they do not want to say “late.” “Apple is good at getting its timing right and entering the market when a product reaches a certain level of maturity,” he said.

Calendars now split the category. The Fold 8 is in stores. The Duo opens for preorder at 5 a.m. Pacific on Oct. 16 and ships Oct. 23 in more than 70 countries, with 28 more markets on Oct. 30. iPhone 18 Pro models ship Sept. 18. Apple is not asking foldable buyers to wait until December. It is asking them to wait five weeks while Samsung’s ads occupy the airports.

Price outside the United States is less polite. The Duo starts near $2,000 in the U.S. and climbs sharply in India and parts of Europe, where the Fold 8 can look hundreds of dollars cheaper. That is Samsung’s distribution argument in a spreadsheet: more stores, more carrier deals, more colors — graphite, cream, lavender, pistachio against Apple’s star white and night sky.

Gemini on the Fold 8 is Samsung’s software pitch against iOS 27.1 and an App Store that developers will rebuild because the Duo is an iPhone. Foldables have always died on software as much as hinges. Apple’s bet is that Messages and split-view will feel finished. Samsung’s bet is that eight years of One UI windows still count when the inner screen is the same 7.6 inches.

Share pressure, in Lee’s phrase, does not require Apple to outsell Samsung worldwide. It requires Apple to take the customers who would have bought a Fold because there was no iPhone version. Those customers are in the United States, Britain, Japan and South Korea — exactly where the billboards went up. Huawei remains the problem in China. Apple remains the problem everywhere else.

Samsung did not cut the Fold 8’s price on Wednesday. It did not announce a new Ultra giveaway. It told the street it got there first and that the first-year iPhone looks familiar. “So far, so same” is a slogan that works until October 23, when the same-looking phone is in an Apple Store with a different logo and a waiting list.

The foldable market is still a sliver of total smartphone sales. Apple’s $1,999 entry is how slivers become aisles. Samsung’s campaign is how an incumbent reminds the aisle who paid for the broken screens in 2019. Both can be true through Christmas. Only one company has a 38 percent forecast that just developed a 25 percent neighbor.

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NAGOYA, Japan — A record burst of rain flooded Nagoya’s streets, halted trains and briefly emptied temporary athlete housing this week, 10 days before the city is due to open the Asian Games.

About 104.5 millimeters fell in the hour to 4:53 p.m. Tuesday, the heaviest hourly total the Nagoya Local Meteorological Observatory has listed since records began in 1890. It surpassed the 97.0 millimeters that defined the Tokai flood of Sept. 11, 2000. Chikusa Ward logged 219.5 millimeters in the 24 hours to early Wednesday.

Mayor Ichiro Hirosawa told reporters the Games would still start on Sept. 19. “The situation is not severe enough to jeopardise the opening of the Games on the 19th,” he said. “Based on the current situation, I don’t believe there will be any problem to hold the Asian Games.” He also said roofs leaked at several venues but that the damage was limited. “There has been limited impact like rainwater leaking from the roofs of some buildings, but the situation is not so serious that the opening on the 19th is in jeopardy for now,” he said in remarks carried by multiple outlets. “Given the current circumstances, I believe there will be no obstacles to holding the Asian Games.”

An Asian Games official told Reuters that about 400 athletes and staff were moved to higher ground from temporary housing at Garden Pier — converted shipping containers — and returned about two hours later when the highest alerts eased. No injuries were reported in that group.

The Japan Meteorological Agency issued a Level 5 overflow warning for the Shonai River system at 6:20 p.m. Tuesday and lifted it at 12:40 a.m. Wednesday. The city ordered emergency safety measures in parts of Chikusa, Moriyama and Meito wards. Fire-agency tallies Tuesday evening put the highest “protect your life now” order over Nagoya and neighboring Seto at about 1.17 million people. Broader evacuation instructions in the city were described as covering on the order of 2 million residents. About 3,500 people used designated shelters, according to municipal figures circulated with the recovery update.

Rivers that drain the east side of the city — including stretches of the Yada, Ueda and Kanare — ran high. In Meito Ward the Ueda River overtopped, tearing fencing and peeling bank pavement. National underpasses flooded. The Tokaido Shinkansen stopped for about two hours on some sections. City buses and subway service shut down at the height of the commute. In the Sakae shopping district, water reached mid-calf. A 78-year-old woman in Showa Ward told Yomiuri she left a department store to find the road underwater. “When I finished shopping and went outside, the road was covered in water and I was shocked,” she said. “I don’t know when the bus will come. With global climate change, the way rain falls lately is extreme and frightening.”

Jiji Press, citing local counts as of noon Wednesday, said 21 people in Nagoya and two in Kitanagoya were slightly injured. Two houses were partly damaged. Forty-five homes took water above floor level and 45 below. About 200 vehicles in Nagoya were stranded. No deaths were reported inside the city. A separate weather band along the Pacific coast was linked to a woman in her 60s found dead in a submerged vehicle in Iwaki, Fukushima Prefecture — outside the Games host’s limits.

The government applied the Disaster Relief Act to speed aid. Advisories remained into Thursday as a front and low-pressure system kept the Tokai region unstable. Forecasts after the peak still called for tens of millimeters more.

Urban drains in Japanese cities are often designed around roughly 50 millimeters an hour. Tuesday’s burst was about double that. Linear rainbands sat over western Aichi and Gifu’s Mino area in the late afternoon, the setup that turns a city grid into a lake before pumps catch up.

The Games run Sept. 19 to Oct. 4, with some events earlier; basketball was listed to start Sept. 10. Banners for the Aichi-Nagoya Games stood in the same flooded streets. That is the political pressure behind Hirosawa’s briefings: a multi-sport event cannot slip because an opening ceremony is already printed.

What receded overnight is water. What remains is silt in underpasses, insurance claims on cars and a test of whether leaked roofs dry before delegations fill the stands. The mayor’s line is that they will. The rain gauge’s line is that Nagoya has now seen an hour worse than the flood it still uses as a warning. Thursday’s leftover showers will decide how much of that warning is still in force when the first tip-off is supposed to start.