AI generated image, used only for representational purpose Oil prices inched higher on Tuesday as traders are now focused on supply demand and recovering shipments across the crucial Strait of Hormuz. Around 7 am, WTI crude was trading at $68.83 a barrel, up 0.41% while Brent crude rose 0.38% to $72.26 a barrel.However, the gains…
NEW DELHI: Govt has proposed a new credit trading mechanism under India’s Corporate Average Fuel Efficiency (CAFE) norms that would allow passenger vehicle manufacturers exceeding fuel-efficiency targets to sell surplus compliance credits to peers that fall short, creating a potential new revenue stream, while easing compliance with emission standards.A draft amendment issued by the ministry…
Mahindra Group (File photo) CHENNAI: Mahindra Group is betting on a clutch of fast-growing businesses beyond its core automotive and farm equipment operations, setting ambitious expansion targets across hospitality, real estate, logistics, renewable energy, electric mobility and aerospace as it seeks to build multiple long-term growth engines.The diversified conglomerate said its so-called “Growth Gems” –…
NEW DELHI: Indian car buyers are increasingly moving away from conventional petrol and diesel vehicles, with compressed natural gas (CNG), hybrid and electric models accounting for more than 40% of passenger vehicle retail sales for the first time in June, signalling a structural shift in consumer preference towards lower running costs and fuel-efficient technologies.According to…
Stock market today: Dalal Street ends session in green; BSE Sensex up 500 points, Nifty50 closes above 24,400 The benchmark indices ended Monday’s session in positive territory, with the 30-share BSE Sensex rising 521.16 points, or 0.67%, to close at 78,285.07. The NSE Nifty 50 also gained 159.50 points, or 0.66%, to settle at 24,430.35….
Himachal Pradesh’s 5,000 crore apple economy is facing a sharp climate squeeze this year, with unseasonal rains, hailstorms and erratic weather set to cut production by nearly 40%.Back in 2025, the state’s apple output stood at 6.99 lakh metric tonnes. However, in 2026, production is projected to decline by 2.63 lakh metric tonnes, or nearly…
FSSAI issues notices to multiple brands over misleading claims NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) on Monday issued a notice to the brand ‘Heritage Fresh Paneer’ over its use of the claim ‘Fresh Paneer’ on product packaging, saying the label could mislead consumers.In a post on X, the food regulator…
Public sector refiners have collectively absorbed losses of over Rs 75,000 crore during the first quarter of the current financial year. (AI image) Respite for oil marketing companies! State-run oil marketing companies (OMCs) could reach the break-even point on petrol and diesel sales within the next seven to 10 days if crude oil prices remain…
Vaishanaw flagged off four new trains and services Railway Minister Ashwini Vaishnaw on Monday flagged off new train services and announced route extensions aimed at improving rail connectivity across Maharashtra, Uttar Pradesh and Uttarakhand, while also inaugurating the extension of an existing service through video conferencing from Bhubaneswar.The minister launched the services from Rail Sadan…
Increasing purchases from the US would not only diversify India’s LPG import basket and reduce dependence on Gulf suppliers. (AI image) US-Iran war impact: India is actively looking to diversify the sources of its Liquified Petroleum Gas (LPG) supply and the US has emerged as the biggest supplier in the months since the Middle East…
