India’s push for flex-fuel vehicles can help meet twin national goals of cutting crude oil imports and reducing carbon emissions, but will require a full supporting ecosystem from fuel availability to wider model launches, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Thursday.Speaking at the launch of the company’s first flex-fuel car, Wagon…
The US stock market began trading on a mixed note on Thursday, as a pullback in several artificial-intelligence-linked stocks offset broader gains across the market, while easing oil prices provided support to investor sentiment.The S&P 500 gained 0.02% to 7,555.08 after retreating from its record high a day earlier, while the Nasdaq Composite fell 0.58%…
Oil Marketing Companies (OMCs) continue to face under-recoveries of nearly Rs 700 on every domestic LPG cylinder despite a range of measures taken by the government to strengthen supplies, ministry of petroleum and natural gas said on Thursday.Addressing an inter-ministerial briefing, Sujata Sharma, joint secretary in the ministry of petroleum and natural gas, said that…
India is set to hit the accelerator on its ethanol drive, laying the groundwork for a wider ethanol fuel network as it looks to cut down dependence on imported fossil fuels. Under the plan, ethanol dispensing stations will begin appearing in several cities, with the network set for a sharp expansion over the next two…
India and Venezuela are looking to expand cooperation, particularly in the energy sector, as New Delhi moves to diversify crude oil imports amid supply disruptions linked to the West Asia crisis.Addressing a special media briefing after Prime Minister Narendra Modi’s talks with Venezuelan acting President Delcy Rodriguez, MEA secretary (East) Rudrendra Tandon said discussions focused…
Russia, for the first time, has publicly acknowledged a dip in its oil production this year, even as it assured that the country was continuously stepping up its “export infrastructure to its maximum capacity.”Speaking to reporters at the St Petersburg International Economic Forum on Thursday, deputy Prime Minister Alexander Novak said that current output was…
India’s growth story has continued to draw interest from investors across the globe, Union commerce minister and industry minister Piyush Goyal said on Thursday. Speaking at the Citi India Conference 2026, Goyal said his recent interactions with international investors reflected strong confidence in India’s future prospects.“Every conversation that I had reinforced one truth. The world’s…
In addition to the restrictions imposed on Mehta, Sebi instructed the company to ensure accurate and transparent disclosures. (AI image) Rajesh Exports share price today: Shares of jewellery exporter Rajesh Exports Ltd came under heavy selling pressure on Thursday, slipping 5% and hitting the lower circuit after the Securities and Exchange Board of India (Sebi)…
MCX Gold is holding within a consolidation phase, maintaining its sideways to bullish bias on the weekly chart. (AI image) Gold and silver price prediction today: The base trendline for MCX Gold, and MCX Silver remains bullish according to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX…
Markets are likely to remain volatile in the near term amid escalating tensions in West Asia, which continue to keep crude oil prices elevated and triggering persistent Foreign Institutional Investor outflows. Investor sentiment is expected to remain cautious as the lack of meaningful progress in the ongoing US-Iran negotiations continues to fuel concerns over global…
