LPG losses reach Rs 300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at Rs 530 crore: ICRAOMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while dome...
Swiggy's Instamart extends Yulu, Yuma ties to ramp up EV deliveriesInstamart is expanding its battery-swapping stations network to encourage electric vehicle use in last-mile delivery. The improvements are ...
Auto retail sales rise 20% as GST cut boosts affordabilityAt Maruti Suzuki, passenger vehicle sales grew nearly 36% year-on-year between April and August 2026, with the entry-level segment surging ...
From Maruti to Mahindra, top industry execs say GST 2.0 changed the demand equationPassenger vehicle demand surged after GST rationalisation, boosting Maruti Suzuki's sales significantly. Mahindra & Mahindra also reported ...
BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
Petrol pump UPI payments above Rs 2,000 to stop from October 16 in MP & Punjab: Dealers cite 0.4% MDR charge; debit and credit cards to remain availablePetrol pump UPI payments: Petrol pump dealers in Madhya Pradesh and Punjab will stop accepting UPI payments above Rs 2,000 from October 16,...
Petrol pumps to not accept UPI payment: Punjab dealers warn of Rs 2,000 limit if MDR is imposedPetrol pump dealers in Punjab have warned of stopping UPI payments above Rs 2,000 if merchant discount rate or digital transaction charges ...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
German state elections threaten new shock waves for MerzGerman voters head to the polls in Berlin and Mecklenburg-Western Pomerania, with the results potentially adding pressure on Chancellor Fri...
Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for...
Crude shock to hit oil companies' margins, but refining gains could save Q2 showOil breached $100 a barrel this month with Brent crude at around $107 as US-Iran clashes stoked supply fears. Retail fuel marketing margins...
Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
Deeptech startup DheyaTech raises Rs 43 crore led by Avaana CapitalThe company’s engines offer higher efficiency and lower weight, he claimed, while local manufacturing could give customers a 50-55% cost ad...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
Fuel price shock exposes Pakistan's transport fare crisis as commuters bear bruntRawalpindi citizens face rising transportation costs after recent fuel price increases. Goods transporters have raised freight charges by a...
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...