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HIGH FUEL PRICES
Iran defiant on strait as Trump tells Americans to accept high gas pricesIran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...- Wall St Week Ahead: With US Fed silent on next move, investors look to earnings to keep stocks afloatInvestors focus on corporate earnings to offset economic risks and rate concerns. Strong results, particularly from AI infrastructure spend...
- Asian refiners buy more US crude as Hormuz remains blockedAsian refiners are buying U.S. crude amid Strait of Hormuz shipping concerns. South Korea's GS Caltex secured two million barrels of Mars c...
- Wholesale inflation eases to 9.8% on softer energy pricesIn July, India's wholesale inflation decreased marginally to 9.8 percent, aided by falling energy prices which alleviated the pressures fro...
- Global energy, weather risks threaten further easing in wholesale inflation: EconomistsWholesale inflation is expected to stay high despite a slight decrease in July. Global energy prices and geopolitical uncertainty pose ongo...
- Global Markets: Hotter Europe isn't cooling investor fervor for stocksThe heatwaves pummelling Europe this summer will have costly impacts on industries ranging from agriculture to tourism -- but that hasn't s...
- US stocks: S&P 500 notches record-high close as rate-hike worries easeThe S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, e...
- US stocks: Cerebras slumps 12% as mixed quarterly results test AI growth narrativeCerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw ...
- Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensionsEuropean shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruption...
- India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI targetIndia saw its retail inflation rise to 4.45 percent in July compared to June's 4.38 percent, largely due to rising food prices, which are k...
- Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
- Ethanol-blended fuel's use can impact environment, land-use patterns: ExpertsThe experts also highlighted that going forward, the government should decrease ethanol-blended fuel prices to compensate consumers for a d...
- India considers curbing use of sugarcane for ethanol to tame record-high sugar marketIndia may limit sugarcane use for ethanol to increase sugar production with an aim to stabilise record-high sugar prices and ensure smooth ...
- Vijay Kedia-backed Atul Auto shares fall 9% despite nearly 4x YoY surge in Q1 profitVijay Kedia-backed Atul Auto shares fell 9% despite a nearly four-fold year-on-year jump in Q1 FY27 net profit. Revenue rose 43%, supported...
- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
- Air India plots Sept flight comeback, to add frequencies to New York, Tokyo, MilanAir India will restore most curtailed flights starting September 1. The airline is also adding frequencies on several international routes ...
- Flex reflections from Brazil: India’s ethanol push faces lessons from Brazil’s Proalcool crisisIndia debates ethanol mandates, drawing lessons from Brazil's Proalcool program. Brazil's initial success faced a late 1980s crisis due to ...
- Alternative fuels now within striking distance of petrol in passenger vehicle market, says FADAAlternative fuels are closing in on petrol's share in India's vehicle market. CNG leads the alternative fuel segment, followed by hybrids a...
- 'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American driversUS President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...
- 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...
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