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Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
NSE crude oil options hit record Rs 2,006 crore premium turnover in one day, volumes top 47 lakhThe National Stock Exchange (NSE) reported record activity in its crude oil options contract on July 9, 2026, with the highest-ever daily p...
Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-endIndian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's ...
India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 a...
Google picks 20 AI startups for India Accelerator 2026 cohortGoogle has chosen twenty AI firms for its tenth India accelerator program. These selected startups will receive extensive Google AI support...
Sinopec unit signs engineering deal for Central Asia's first large-scale integrated biojet fuel complexSinopec Engineering will design Central Asia's first large-scale sustainable aviation fuel complex. This project in Uzbekistan will produce...
Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...
Mercury Retrograde 2026: Which Zodiac Signs Will Benefit the Most During Mercury's Transit Through Gemini?Mercury, the planet of intelligence, communication, business, and learning, will retrograde back into Gemini, its own sign, on 7th July 202...
The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...
Vedanta Aluminium wipes off Rs 25,000 cr worth investor wealth in under a month. Time to buy?Vedanta Aluminium shares have dropped significantly since their listing date. This decline has erased substantial investor wealth in a shor...
Gold down as markets await Fed meeting minutes for policy directionGold prices declined Tuesday, trading below recent highs. Investors await U.S. Federal Reserve minutes for policy direction. U.S. services ...
MCX widens domestic refiner pool, revises delivery normsMCX has updated its norms to include BIS-certified bullion and more local refiners. This move aims to increase domestic gold and silver sup...
OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
Quick commerce is helping Nestle India's premium products reach beyond metros, MD Tiwary says at AGMNestle India is prioritizing quick commerce for premium products and focusing on healthier reformulations, according to Chairman Manish Tiw...
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, China ink edible oil trade pact to boost soybean oil importsIndia's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaborati...
Hindustan Zinc Q1 mined metal production up, refined lead output dropsHindustan Zinc Ltd. reported a marginal one percent increase in mined metal production for the first quarter, reaching a record 2,68,000 to...
Vedanta Aluminium shares jump over 3% as Emkay starts coverage with Buy call. 3 reasons whyVedanta Aluminium shares surged after Emkay initiated coverage with a 'Buy' rating and a Rs 550 target, citing strong medium-term prospects...
India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...