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India sets out to determine year of peak oil demand, world watches

New Delhi, March 26 -- India is working on a plan for estimating the timeline for peak oil consumption, said two people aware of the development, in a move that could impact the global oil economy arc... Read More


Sterlite Power Transmission may consider listing post demerger: MD

New Delhi, March 24 -- Sterlite Power Transmission Ltd (SPTL), which will retain only its manufacturing vertical following the proposed demerger of the transmission business, may explore a public list... Read More


Centre starts work on global auto hub

new delhi, March 21 -- A grand vision is taking shape to build a global automobile hub in India, potentially supporting electric and conventional vehicles, as well as new mobility and battery technolo... Read More


Centre starts work on global auto hub

new delhi, March 21 -- A grand vision is taking shape to build a global automobile hub in India, potentially supporting electric and conventional vehicles, as well as new mobility and battery technolo... Read More


India wants to be world's car factory. A plan is in the works

New Delhi, March 20 -- A grand vision is taking shape to build a global automobile hub in India, potentially supporting both electric and conventional vehicles, as well as new mobility and battery tec... Read More


Russia remains top crude supplier to India in January

new delhi, March 19 -- Russia remained the top supplier of oil to India in January, accounting for nearly a third of the crude brought into the country, according to data from the commerce ministry. ... Read More


Russia remains India's top crude supplier, imports rise 14% in January

NEW DELHI, March 18 -- Russia remained the top supplier of oil to India in January, accounting for nearly a third of the crude brought into the country, according to data from the commerce ministry. ... Read More


Govt hikes windfall tax on domestic crude sales to Rs.4,900 per tonne

New Delhi, March 15 -- The finance ministry on Friday raised the windfall tax on sale of domestic crude oil to Rs.4,900 per tonne, effective 16 March. The revision marks an increase from the previous ... Read More


REC arm, BHEL tie up for renewable energy projects

New Delhi, March 15 -- State-owned REC Ltd's arm REC Power Development and Consultancy Ltd and Bharat Heavy Electricals Ltd (Bhel) have entered into a partnership to develop renewable energy projects ... Read More


Petrol, diesel prices cut by Rs.2/litre ahead of elections

New Delhi, March 14 -- State-run oil marketing companies (OMCs) have decided to cut the price of petrol and diesel by around Rs.2 per litre with effect from 6am on Friday. With the revision in prices... Read More