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Summary The Bureau of Energy Efficiency (BEE) started consultations with electric two-wheeler makers on 2 April, as it looks to rev up its five-year-old 'Go Electric' campaign, eyeing a micro-level awareness on EV benefits, two people aware of the matter said. The West Asia war-triggered energy supply shocks are pushing India to speed up its shift to electric mobility to cut its oil import dependence and cushion the economy from volatility. Towards this, the Bureau of Energy Efficiency (BEE) s ...Read More >
Prices at petrol pumps for diesel car owners have been left unchanged. New Delhi: State-run oil marketing companies have raised the price of industrial diesel by Rs 28.22 per litre, an increase of more than 25 per cent, with the new rate set at Rs 137.81 per litre. The adjustment was made on Wednesday, by companies including the Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd. According to internal communication seen by NDTV Profit, it applies to high-speed diesel, known as HS ...Read More >
CHENNAI: With oil marketing companies (OMCs) in Tamil Nadu instructing dealers to restrict diesel sales to commercial buyers in view of the Gulf conflict, the bulk consumers are forced to forego discounts and shell out market-linked rates, which currently stands at Rs 141 per litre, the Tamil Nadu Petroleum Dealers Association stated. According to industry sources, bulk consumers like industries, transport operators and commercial establishments were buying high-speed diesel (HSD) at Rs 82/litr ...Read More >
Bengaluru: Private fuel retailers Nayara Energy and Shell have increased petrol and diesel prices across major Indian cities, including Bengaluru in Karnataka, triggering fresh concern among consumers already grappling with rising living costs. The hike comes at a time when global crude oil prices are surging due to escalating geopolitical tensions in West Asia, even as public sector oil companies, owned by the Karnataka government, continue to hold retail prices steady. In Bengaluru, petrol p ...Read More >
Bengaluru: Chief Minister Siddaramaiah, Deputy Chief Minister and KPCC president D.K. Shivakumar, and Congress in-charge Randeep Singh Surjewala have accused the Narendra Modi-led Central government and the BJP of burdening people with rising prices, alleging that the public is facing an unprecedented "pocket-picking". In a joint statement issued on Wednesday, the leaders said the BJP had promised "acche din" but has instead delivered a "costly regime". They demanded that Prime Minister Narendr ...Read More >
Thane: The Naupada Police have successfully apprehended a 39-year-old history-sheeter following a violent assassination attempt and vehicle theft at a petrol pump on the Nashik-Mumbai Highway. The incident occurred in the early hours of March 27, 2026, at the Shell Petrol Pump near Dharamveer Cut. According to the police, the complainant, Inzamam Siddiqui (26), was refueling his scooter when the accused, identified as Zabiullah Shafiqurrahman Khan, confronted him. The attack was reportedly fuel ...Read More >
While India continues to attract record levels of foreign investment and corporate expansion, Pakistan has witnessed a steady retreat of global firms... While India continues to attract record levels of foreign investment and corporate expansion, Pakistan has witnessed a steady retreat of global firms across sectors. This contrast reflects not only macroeconomic trends but also the underlying business culture, regulatory frameworks, and institutional capacity that shape investor confidence and ...Read More >
Oil India Limited (OIL) has reported a significant natural gas occurrence in its second exploratory well, Vijayapuram-2, within the Andaman Shallow Offshore Block. Preliminary testing confirmed the gas presence, marking a crucial milestone in India's exploration efforts and the first hydrocarbon find in this campaign. Oil India Limited (OIL), a Maharatna company under the Ministry of Petroleum and Natural Gas, on Friday, reported the occurrence of natural gas in its second exploratory well dril ...Read More >
India's Global Capability Centers (GCCs) are evolving from cost-saving back offices to innovation hubs, driving global product development and digital solutions. With over 1,600 GCCs currently, projected to generate $121 billion in revenue by 2030, India is becoming a strategic innovation powerhouse. For decades, India has been perceived globally as the world's back office, a reliable destination for IT services, business process outsourcing, and support functions. But in recent years, this nar ...Read More >
Moradabad (UP), Aug 1 (PTI) The Moradabad district administration has cancelled the allotment of a government bungalow granted to former Uttar Pradesh chief minister Mulayam Singh Yadav. The Samajwadi Party (SP) has been asked to vacate the premises within 30 days. The bungalow, located in the posh Civil Lines area near the Police Training College (PTC II), was allotted to the SP patriarch 31 years ago. Spread across nearly 1,000 square meters on Nazul land, the property serves as the local S ...Read More >
Mumbai: The Enforcement Directorate (ED) has issued a Look Out Circular (LoC) against Anil Ambani, chairman of the Anil Dhirubhai Ambani Group (ADAG), in connection with its ongoing probe into an alleged Rs 17,000-crore bank loan fraud case. The LoC was issued on Friday at the request of the federal financial probe agency to prevent Ambani from leaving the country without prior clearance, senior officials confirmed. Ambani Summoned in ₹17,000 Crore Bank Fraud Investigation The ED has summoned ...Read More >
Numbers Report - August 01, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we'll dig into some data and provide a bit of explanation on what drives the numbers. Let's take a look. OPEC+ to Finish the Unwinding Job with September Superhike Following the joint ministerial monitoring committee meeting last week, eight leading members of OPEC+ will be meeting on Sunday (Aug ...Read More >
New Delhi [India], July 10 (ANI): Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel. When asked about buying Russian oil during a press interaction, Minister Puri explained that Russia produces over 9 million barrels per day and is one of the world's largest crude oil producers. If, out of global oil s ...Read More >
New Delhi [India], July 10 (ANI): Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel. When asked about buying Russian oil during a press interaction, Minister Puri explained that Russia produces over 9 million barrels per day and is one of the world's largest crude oil producers. If, out of global oil s ...Read More >
Mumbai: Aimed at reducing high school dropout rates, raising the gross enrollment ratio in higher education to 50% and to enable students to secure fulfilling careers, 'Vidyadhan' scholarship program has announced to offer one lakh scholarships to economically disadvantaged students across the country. Launched in Kerala in 1999, Vidyadhan is an initiative by the Shibulal Family Philanthropic Initiatives (SFPI) and is currently active in 22 states and union territories of the country. In the ne ...Read More >
New Delhi [India], July 7 (ANI): India is trying to develop a full exploration and production (E&P) deepwater technology ecosystem, as the country plans to explore over 2.5 lakh sq km in the Open Acreage Licensing Policy Round 10, Petroleum and Natural Gas Minister Hardeep said on Monday. In a series of posts on X, the Union Minister dubbed Round 10 as one of the largest offshore exploration bidding rounds globally. The Open Acreage Licensing Programme (OALP) provides potential investors with ...Read More >
Lucknow: In line with Chief Minister Yogi Adityanath's vision to transform Uttar Pradesh into a $1 trillion economy and a global industrial powerhouse, the state is stepping up its international outreach under the China+1 strategy to attract multinational manufacturers looking to diversify beyond China. As part of this initiative, Invest UP -- the state's nodal investment promotion agency is organizing a series of global roadshows and strategic business engagements across the United States, Eur ...Read More >
Hyderabad: Xiaomi has officially launched the Xiaomi Mix Flip 2, a foldable smartphone in China. The phone features an 6.86-inch AMOLED inner display, a 4.01-inch outer display, a Snapdragon 8 Elite chipset, up to 16GB of RAM, up to 1TB of storage, and a 50MP dual rear camera setup. It packs a 5,165mAh battery with 67W wired fast charging support. The Xiaomi Mix Flip 2 runs HyperOS 2 out of the box. Notably, the new foldable smartphone is the successor of the Mix Flip debuted in China in July la ...Read More >
New Delhi: ONGC's production trend is beginning to turn after eight straight years of fall as a key new field in KG Basin ramps up and the old Mumbai High asset arrests decline. ONGC's crude production rose 3% year-on-year in November to 53,804 tonnes per day (tpd) and the output growth so far in December has accelerated to 4.2% to 54,535 tpd, according to people with knowledge of the matter. The output was marginally higher in three of the first seven months this fiscal year but there is a cl ...Read More >
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