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MONSOON IMPACT ON FUEL DEMAND
Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...- Petrol sales rise 8.6%, diesel demand jumps 9.4% in July; LPG, jet fuel consumption declinesPetrol and diesel sales saw significant year-on-year increases in July. This growth was fueled by greater mobility and economic activity ac...
- Indian Statistical Institute Bill, Bankers' Books Evidence Bill likely to be introduced in Lok Sabha on MondayThe government plans to advance its legislative agenda during the monsoon session. Two bills are scheduled for introduction in the Lok Sabh...
- Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...
- July power consumption jumps 10.9% as humidity fuels AC use across IndiaIndia's power consumption rose 10.93 percent year-on-year in July. High humidity levels increased cooling appliance usage across the countr...
- E20 blending boosts Punjab farmers, eases millers’ burden: Rice millers’ bodyThe E20 blending program is part of the central government's strategy to reduce fuel imports and provide a stable market for surplus food g...
- Indian companies are about to raise prices, putting RBI's inflation outlook to testIndian companies are preparing for price increases on various products soon as commodity costs rise due to ongoing global conflicts. Consum...
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
- India likely to see below-normal rainfall in second half of monsoon: IMDIndia's monsoon rainfall for August and September is predicted to be below normal. The India Meteorological Department forecasts precipitat...
- ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant twen...
- Ambuja Cements Q1 net profit down 37% as sales volume slipsAmbuja Cements reported a profit drop, impacted by lower sales volume and higher costs. The company will now prioritize value over sales vo...
- Indian corporates to clock 9% aggregate revenue in FY27: FitchFitch Ratings forecasts Indian corporate revenue to grow nine percent in the current fiscal year. This growth is expected to keep credit me...
- Tata Consumer preps F&B push for post-weight-loss needsTata Consumer Products is developing new foods and beverages to address weight loss side effects. These products will help consumers supple...
- Tracking pulses: Low kharif sowing sparks supply concerns; how big is the risk?Experts say the next few weeks of monsoon will decide if the acreage shortfall stays manageable or turns into a bigger supply and price ris...
- Patchy rains may hit rural lending, banks stay cautiousBankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...
- How the rain gods impact the Indian economyIDFC FIRST Bank Chief Economist Gaura Sengupta analyzes how El Nino and monsoon performance shape India's economic growth and inflation. Wh...
- Ambuja Cement Q1 Results: Net profit drops 34% YoY to Rs 577 crore; revenue falls 7.5%Ambuja Cement Q1 Results: Revenue from operations also declined 7.5% YoY to Rs 9,474 crore from Rs 10,244 crore in the year-ago quarter, th...
- Inspired by the CJP, 'E20 Janta Party' launches campaign against ethanol-blended fuel, seeks Gadkari's resignationA new group, E20 Janta Party, launched an online campaign for 100% petrol choice. They also demand Road Transport Minister Nitin Gadkari's ...
- UltraTech Cement comes up with a record June quarter, profit surges 17%Demand pipeline helps as revenues rise 16%; Ebitda strong despite war-led price hikes. UltraTech Cement achieved its highest-ever June quar...
- Petrol, diesel sales surge in first half of JulyPetrol and diesel sales saw significant year-on-year increases in early July. Below-normal monsoon rains boosted demand from farmers and mo...
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