‘Every day feels like firefighting’: Hit by EU sanctions over Russian oil – Indian refinery Nayara Energy struggles to sustain operations

Nayara Energy’s refinery has intensified its railway usage, dispatching two to three trains daily. (AI image) Nayara Energy, the Indian refinery with major Russian ownership, is scrambling to sustain operations after being hit by European Union sanctions. The Russian-owned refinery, facing exclusion from many international markets due to severe EU sanctions implemented on July 18,…

Read More

Adani Enterprises, IndiGo & more: Top stocks to buy on October 10; check list

Jefferies has a buy rating on Adani Enterprises with the target price at Rs 3,000. Analysts said Navi Mumbai International Airport (NMIA)’s inauguration marks a strategic expansion in India’s aviation infrastructure, easing congestion for Mumbai Metropolitan Region (MMR). Phase-1 adds 2 crore passenger capacity (total: 9 crore), and bridges gaps to underserved regions. The company’s…

Read More