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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...- India's electric car sales jump 82% in July as high fuel prices boost EV demandElectric vehicle sales nearly doubled in July, showing robust growth momentum. Sharply higher fuel prices are pushing consumers towards mor...
- The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
- Indian Oil reassesses ₹33,000 crore Tamil Nadu refinery, eyes petrochemicals complexIndian Oil Corp is reassessing its Tamil Nadu refinery project due to economic viability concerns. The company is now exploring a standalon...
- 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...
- 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...
- 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...
- Arvind Kejriwal announces march to PM's residence on August 4 over E20 fuel, alleges ethanol imports to rise five-foldArvind Kejriwal demands consumers choose fuel variants at petrol pumps. He advocates for separate pricing for pure and ethanol-blended fuel...
- IOC slips into loss in Q1 on holding fuel prices despite rise in costIndian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...
- Mahindra Last Mile raises ₹322 crore at unicorn valuationMahindra Last Mile Mobility has achieved unicorn status after a substantial funding round. This investment solidifies their leadership in I...
- Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
- BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
- Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...
- Maruti Suzuki puts SUV focus on the fast track for growthMaruti Suzuki aims to become India's largest SUV maker. The company is expanding its utility vehicle portfolio and brand positioning. Facto...
- Premium car buyers drive EV, hybrid shift as high-margin segment goes electricElectrified vehicles are now nearly half of new premium car registrations. This significant shift reflects changing buyer preferences in In...
- Mercedes-Benz India rolls out E25-compliant cars amid biofuel pushMercedes-Benz India is introducing E25 compliant vehicles for the Indian market. This move anticipates future government regulations on bio...
- No ethanol in premium petrol; no plans to restore E0/E10 petrol: GovernmentPremium petrol grades will continue without ethanol blending, the government stated. No decision has been made to increase ethanol blending...
- Automobile industry urges formal mechanism for petrol pump fuel quality checks amid E20 concernsAutomakers want a formal system to detect fuel contamination at petrol pumps. Drivers report worsening vehicle performance after increased ...
- India's ethanol mission sees state-run fuel firms spend Rs 1.72 lakh crorePublic Sector OMCs spent over Rs 48,000 crore on ethanol procurement in ESY 2023-24. They procured Rs 73,996 crore worth of ethanol during ...
- 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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