Commodities

Indian Coal Reserves Drop, Weak Monsoon Forces Thermal Stations to Raise Output

Around half of India's thermal power stations have less than a week coal stocks as many coal companies are running short this black gold and are unable to meet the rising demand.

Aug 30, 2014

Reliance to Invest $13 Billion in Energy Projects; Set to Expand Jamnagar Oil Refinery

Reliance Industries is gearing up to invest around $13 billion in energy projects, with an aim to boost heavy crude oil refining process in India

Aug 30, 2014

Jignesh Shah Granted Bail on Cash Surety of ₹5 lakh; NSEL Scam Timeline

The NSEL scam is estimated to be a ₹5,600 crore fraud that came to light after the National Spot Exchange failed to pay its investors.

Aug 23, 2014

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Sugar Stocks Surge after 25% Raise in Import Duty

Indian government raised the import duty on sugar to 25 percent from 15 percent to help regional mills struggling with lower prices and higher stocks.

Aug 22, 2014

Decline in Rubber Prices Likely to Boost Indian Auto Industry

The recent decline in international prices of natural rubber might boost the Indian automobile industry, experts predict.

Aug 15, 2014

IOC, BPCL, HPCL to Get ₹11,000 Crore Subsidy in Q1

The Indian government has decided to pay oil retailers Indian Oil Corporation (IOC), Bharat Petroleum Corp and Hindustan Petroleum Corp Rs.11, 000 crore in subsidy for the first quarter.

Aug 11, 2014

Indian Markets Trade Rangebound, Investors Expect Profits in Auto-sector

BSE index fell by 0.23 percent, while NSE index too declined 0.19 percent lower during early trade on Thursday. Sensex opened flat at 25,217.69 points by drop of 96.05 points and Nifty opened at 7554.10 points by slipping 15.15 points.

Jun 26, 2014

Petrol Prices Now Cheaper By ₹2.46 Per Litre; Further Reduction on Cards

State-owned oil companies announced their decision to slash petrol prices by at least ₹2.46 per litre. The cut in petrol rates took effect on Thursday midnight.

Jun 29, 2012

Petrol Price Rollback By ₹2 On the Cards

State-owned oil companies may decide a cut in petrol prices by INR 2 following a review on fuel prices scheduled on Friday.

Jun 15, 2012

Diesel Cars May Turn Costlier, Special Tax of ₹255,000 On Cards

Oil Minister S Jaipal Reddy recommended a hike in excise duty to be imposed on diesel-based vehicles. The proposed levies, it is said, will be as steep as INR 255,000 for sedans and sports or multi utility vehicles, while smaller vehicles will be slapped with an excise tax of INR 170,000.

Jun 13, 2012

India's Top Ten Most Fuel Efficient Cars to Beat the Petrol Price Hike

Just when the average Indian seemed to make peace with petrol costs on their gas guzzling vehicles, the steep hike in petrol prices which took effect this month spurred consumers across the nation to rethink their auto-budget. Keeping fuel economy in mind, here are ten of the best fuel efficient diesel cars that won't kill at the pump

Jun 3, 2012

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Petrol Price Hike: 5 things to Watch Out For

The announcement of the government to hike petrol price by Rs 7.50 per litre, which will come into effect on Thursday, has not gone down too well with the public and government allies. The Bharatiya Janata Party (BJP) is even planning a nation-wide bandh to demand immediate rollback of the petrol price hike.

May 24, 2012