European carmakers have stiff competition in EV space from Asia
Europe will have to compete with Asia if it has to establish itself as a major electric vehicle (EV) player, according to representatives of battery and car …
India receives the first cargo of ADNOC crude oil for its Mangalore strategic reserve
India has received the first cargo of UAE crude oil for filling up one of the two strategic reserve caverns built by Indian Strategic Petroleum Reserve Ltd …
India’s GDP seen up 7.4 per cent in the fourth quarter of fiscal 2018 — ICRA
Rating agency ICRA expects India’s economy to have grown by 7.4 percent in the January-March 2017-18 quarter against a 7.2 percent rise in the previous …
Coal imports by power plants in India fell 22 per cent in April 2018
Coal imports by power utilities fell by 22.23 per cent to 3.73 million tonnes in April 2018, mainly due to decline in shipments by imported coal-based power …
India’s fuel blues to get worse
With oil turning costlier relentlessly – Brent crude went past $80 a barrel yesterday, up 3.3 per cent from a week ago and a three-and-half-year high – the …
As oil hits $80/barrel, India’s petroleum minister says Saudi Arabia has given assurances on supply
India’s petroleum minister, Dharmendra Pradhan said the country had received assurances from the world’s top oil exporter Saudi Arabia it would ensure …
India’s new biofuels policy allocates Rs 5,000 crore for second generation ethanol plants
The Union Cabinet has unveiled a comprehensive biofuels policy which, among other things, allows farmers to divert excess crop produce for biofuels production …
China says to stop probe into U.S. sorghum imports
China has decided to stop the anti-dumping and anti-subsidy investigation into imports of sorghum from the United States, the Ministry of Commerce said in a …
China’s coal-rich province to further cut capacity – report
North China’s coal-rich Shanxi Province will close 35 mines in 2018, further cutting 22.4 million tons of coal production capacity, the official Xinhua …
Shell India to exit from Panna-Mukta-Tapti gas fields
With production from the offshore Panna-Mukta-Tapti (PMT) fields falling, operator Shell India has written to the Union government that it will not be seeking …