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India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...
Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...
SEZ import relief to fast track chip projectsIndia's semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality check...
China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
With robust GMP, how a little-known aluminium recycling IPO is set for one of strongest listings this yearCMR Green Technologies' IPO is poised for a strong debut, boasting a 36% grey market premium. The aluminium recycling giant saw overwhelmin...
Solar module cos flag cell shortage; makers say demand can be met this yearSolar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and...
Infineon taps CDIL, Kaynes to strengthen India chip collabGerman chipmaker Infineon Technologies is expanding its engagement with India's semiconductor manufacturing ecosystem by partnering with CD...
India turns to nuclear power as Gulf risks riseIndia is boosting its energy security. Investments are growing in solar, wind, and nuclear power. Recent geopolitical events highlight nucl...
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...
IKEA sets up India development centre in push beyond sourcingIKEA has launched a new product development center in India. This positions India as a key hub for designing home furnishings for both loca...
India renews 5-year levy on solar glass imports from Malaysia: GazetteIndia has extended import duties on Malaysian solar glass for five more years. This decision follows a government review finding that remov...
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
Mahindra & Mahindra sales increase 20 pc in May at 99,636 unitsMahindra & Mahindra reported a 20% year-on-year growth in total vehicle sales for May, reaching 99,636 units. The utility vehicle segment s...