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INPUT GAS COSTS INCREASE
Huawei H1 profit drop quickens to 36% on rising costs, R&D spendingThe Chinese technology company said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop...
IGL shares jump 3% after CNG price hike in Delhi NCR. What lies ahead?IGL shares witnessed an uptick on Monday after the company hiked CNG prices by Rs 3.89 per kg in Delhi-NCR, citing higher imported LNG cost...
Revised CBG pricing to support producers, consumer impact to remain negligible: Petroleum MinistryNew Delhi's petroleum ministry clarified Compressed Biogas pricing changes on Saturday. The revised framework offers producers a stable and...
CNG prices will come down after US-Iran situation normalises: BJP spokesperson Shahnawaz HussainIn Delhi, the cost of CNG has gone up by Rs 3.89 per kg, reflecting a response to rising import costs and geopolitical uncertainties on a g...
Wholesale milk prices in Mumbai to rise ₹9 per litre to cross ₹100 from Sept 1Starting on September 1, Mumbai's milk wholesale prices are set to surge by ₹9 per litre, a change driven by increased operating expenditur...
AI could unlock $230 billion annually for upstream oil, gas sector: McKinseyArtificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...
GAIL opposes IGX platform for LNG terminal capacity bookingIndia's top gas marketer GAIL opposes a new platform for booking LNG terminal capacity. GAIL states this platform will add costs for consum...
Global Market: ECB may raise rates in September as Iran war fuels inflation concerns: ReportsEuropean Central Bank policymakers are increasingly leaning towards a September rate hike as the Iran conflict drives up energy prices and ...
Retailers keep price hikes in check amid rising input costs: NuvamaIndian retailers are limiting price hikes despite volatile cotton, yarn and fabric costs and geopolitical supply-chain risks. Companies are...
More cars, thinner margins: Why rising sales aren’t boosting automakers’ profitsIndian car makers see strong sales volumes, but profits are declining. Rising commodity prices and currency shifts are impacting manufactur...
Tata Motors Passenger Vehicles to cost up to ₹25,000 more from September 1Tata Motors Passenger Vehicles will raise vehicle prices by up to ₹25,000 from September 1 across its portfolio, including petrol, diesel a...
Expensive living? Inflation hits coriander to cars in IndiaConsumer goods companies are increasing prices and reducing pack sizes. Automobile manufacturers and tyre companies also announced signific...
Tata Motors to hike car prices by Rs 25,000; joins Maruti, Hyundai as costs hurt pocketsTata Motors will increase prices for its cars and SUVs by up to Rs 25,000. This price adjustment will affect both internal combustion engin...
India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
Hyundai to hike vehicle prices by up to 1% from SeptemberKorean automaker Hyundai announced a price increase for its vehicle range. Prices will rise by up to one percent across all models. This ad...
Plea for pooled gas gains steam amid renewed tensions in West AsiaCity gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia....
India Inc clocks strongest revenue growth in 9 quarters; margins squeezed by rising costsIn the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by onl...