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RECORD HIGH DIESEL EXPORTS
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...- June heat topped 35°C for two-thirds of Europe populationA recent heatwave saw over 410 million Europeans endure scorching temperatures above 35°C, impacting vast swathes from Spain to Ukraine. Th...
- State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh PuriState-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Desp...
- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
- Kia India sales up 19% at 24,552 units in JuneKia India has achieved its highest-ever June sales, reporting a 19% wholesale growth to 24,552 units. The first half of 2026 also marked a ...
- India corn exports set for three-year high on competitive pricingIndia's corn exports are soaring to a three-year peak, driven by record production and competitive pricing. Lower domestic prices, coupled ...
- Toyota Kirloskar Motor's June sales rise 7% on stronger domestic demandToyota Kirloskar Motor witnessed a robust 7% surge in total sales for June, reaching 31,016 units. This growth was fueled by an 8% rise in ...
- Major automakers record strong June sales on steady domestic demand, rising exportsIndian auto manufacturers celebrated robust June sales, fueled by strong domestic demand and surging exports. Maruti Suzuki reported over 2...
- Beyond refunds: Why GST 2.0 is a growth enabler for MSME exportersLiquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- Rupee's defence takes RBI dollar shorts to a record highThe Reserve Bank of India's net short forward position in the currency market surged to a record $106.6 billion in May, indicating signific...
- Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
- India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
- Quote of the Day by Vin Diesel: “With age, you get to a place where you don't want to knock people out. You just want to… — Inspiring lessons on growth, maturity, experience, transformation and why choosing peace over conflict matters by the American actor known for his iconic role in the Fast & Furious franchiseQuote of the Day by Van Diesel: Vin Diesel’s quote, “With age, you get to a place where you don't want to knock people out. You just want t...
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
- Made in India, deployed abroad: The expanding map of India's arms exportsIndia's defence exports are soaring, with deals for BrahMos missiles with Vietnam and Indonesia signaling a significant shift. This surge, ...
- China emerges as key growth driver for India's frozen shrimp exports; US remains top market in FY26India's frozen shrimp exports soared to a record high in FY 2025-26, driven by robust demand from China, which emerged as a significant gro...
- Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...
- Engineering goods exports top US$12.31 billion in May, highest ever monthly exports despite West Asia conflictWe are positive that with the proper guidance of the Government, we will be able to achieve the desired export target of US$ 250 billion by...
- China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
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