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SUDARSHAN VARADHAN
Govt sacks SECI chairman Rameshwar Prasad Gupta with immediate effect, a month before term endsIndia abruptly removed Rameshwar Prasad Gupta, chairman of the Solar Energy Corp of India (SECI), ahead of his scheduled tenure end. This d...- Adani Power says it is committed to supplying electricity to BangladeshAdani Power has reaffirmed its commitment to supplying electricity to Bangladesh despite recent changes in India’s power export rules. The ...
- India extends mandate for utilities to import 6% of coal needs until JuneThe Indian government has extended the mandate for power producers to import 6% of their coal requirements until June, due to transport con...
- Oil set for third weekly decline as demand worries weighBrent crude futures for January were up 99 cents, or 1.2%, at $81 a barrel at 1451 GMT, while U.S. West Texas Intermediate (WTI) crude futu...
- Oil on track for sharpest weekly decline since March"Oil prices are stabilizing after a brutal week that saw a relentless bond market selloff trigger global growth worries," said Edward Moya,...
- Oil gains for third straight week on tight supply, China optimismSupply concerns continue to be a driving force for prices since Saudi Arabia and Russia this month announced an extension of their combined...
- Oil prices down after jobs data, but on course for weekly gainOil prices dipped slightly as concerns over further interest rate hikes continue, despite US oil inventories falling more than expected. Br...
- Oil falls as economic fears outweigh OPEC+ cuts, US stock drawBrent crude futures fell 49 cents, or 0.6%, to $84.45 a barrel by 10:58 a.m. EDT (1558 GMT). West Texas Intermediate U.S. crude fell 58 cen...
- Oil heads for weekly loss on rate hike worries, ample supplyTwo Fed officials on Thursday warned additional hikes in borrowing costs are essential to lower inflation to desired levels. Heightened rat...
- Adani Total expects to receive 2.2 mln T at Dhamra LNG terminal in FY24Adani Total has a 20-year take-or-pay contract to provide regasification services to state-run Indian Oil Corp for 3 million tonnes of LNG ...
- Why were millions of Pakistanis without electricity?Here's a look at what happened, and the immediate prospects for Pakistan's power grid.
- Coal India to issue two tenders for imported coal to address local shortageThe state-run miner, which has little experience in importing coal, was asked to place orders for shipments from overseas by the power mini...
- India expects private coal mines to produce at least 350 mln tonnes by 2030India, the world's second largest coal consumer behind China, opened up coal mining to the private sector companies, such as Adani Enterpri...
- India files complaint against ABG Shipyard alleging $3 bn bank fraudAccording to figures from the forensic audit that were included in the CBI complaint, the company owed Rs 70.89 billion to ICICI Bank, Rs 3...
- India fuel consumption picks up in June as lockdowns easeGasoline sales by state refiners rose 29.4%, while diesel sales were up 18.5% in June compared with May, the data showed. Sales had decline...
- India's fuel sales recover from June lows, still lower than last yearGasoline sales was 13% higher and diesel sales rose 12% over June 1-15, compared with the same period last month, data compiled by the stat...
- Timeline: How India's coronavirus vaccine got approved by drugs expertsCOVAXIN has been developed by Bharat Biotech, a company based in Hyderabad, with backing from the state-run Indian Council of Medical Resea...
- Reliance-BP consortium invites bidders for gas from KG D6 basinCRISIL Risk and Infrastructure Solutions Ltd, a unit of S&P Global Inc, will conduct the bidding process through an online platform, the no...
- Andhra police arrest LG Polymers’ top executives in styrene gas leakage accidentThe styrene gas leakage at the South Korean firm’s unit on early hours of May 7 killed 15 persons and affected over thousand people in the ...
- India exploring global funds for compressed biogas projects: Oil MinisterIndia plans to invest $24 billion to produce 15 million tonnes of compressed biogas from 5,000 plants by 2023, and wants bio-manure, a bypr...
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