Petronet LNG reports 40% rise in Q1FY25 net profit at Rs.1,100 cr vs Rs.787 cr in Apr-Jun FY24

New Delhi, July 24 -- State-run Petronet LNG on Wednesday reported a nearly 40% increase in its consolidated net profit for the first quarter (April-June) of FY25 at Rs.1,100.76 crore, meeting analyst... Read More

India's business activity at 3-month high in July, shows HSBC PMI

NEW DELHI, July 24 -- Business activity across India's manufacturing and services sectors hit a three-month high in July, according to a flash survey by HSBC Holdings Plc. The reading signals notable ... Read More

Budget 2024: Govt announces mission to boost production, recycling of critical minerals

New Delhi, July 23 -- The union government has decided to launch a Critical Minerals Mission to boost the domestic production and recycling of these minerals and their acquisition from overseas. It ha... Read More

Budget 2024: Govt to rope in private sector to set up small nuclear reactors

New Delih, July 23 -- Union finance minister Nirmala Sitharaman on Tuesday announced that the government will support research and development (R&D) of small modular reactors (SMR) to increase the sha... Read More

Lower energy, food and fertiliser prices bodes "benign" inflation: Economic Survey

New Delhi, July 22 -- The Economic Survey for 2023-24 described the inflationary situation in India as better than the global average, adding that the short-term inflation outlook for country appeared... Read More

ONGC Videsh, Oil India may join forces again to bid for new offshore blocks in Bangladesh

New Delhi, July 17 -- A consortium of state-run ONGC Videsh Ltd and Oil India Ltd is expected to bid for offshore hydrocarbon blocks in Bangladesh, amid India's efforts to reduce its dependence on a f... Read More

India signing headquarters deal with Global Biofuels Alliance, paves way for its diplomatic, int'l organisation status

New Delhi, July 17 -- The Global Biofuels Alliance (GBA), launched by key G20 members including India, the US and Brazil in September 2023, is all set to get its diplomatic status, with the Indian gov... Read More

Tata Power sets Rs.20,000 crore investment target for FY25, to drive renewable energy expansion

New Delhi, July 17 -- Tata Power Co. Ltd plans to invest around Rs.20,000 crore in the current fiscal year, chairman N. Chandrasekaran said at the company's 105th annual general meeting (AGM) on Frida... Read More

Coal India plans to ease e-auction rules to stoke demand

New Delhi, July 12 -- State-run Coal India Ltd plans to relax the rules for e-auctions of coal and has asked its subsidiaries to increase their sales through such auctions in the next two quarters. In... Read More

Brookfield invests over $200 mn in Leap Green

new delhi, July 12 -- Canadian asset management firm Brookfield on Thursday announced an equity investment of over $200 million in Tamil Nadu-based renewable energy company Leap Green Energy, with an ... Read More