market

Diesel, petrol export revenues dip 20% to USD 33 bn in 2023-24

Jet fuel, naphtha, fuel oil and other products accounted for the balance USD 15 billion of fuel expo...

OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say

Demand for crude from the wider group is now more relevant, one of the sources said, because the DoC...

Technological factors can stall or spur adoption of EV 2-wheelers

In the evolving landscape of EV)technology, especially concerning two-wheelers, several technologica...

Xiaomi moves ahead with Tesla-like SUV as first EV hits goals

Xiaomi’s SU7 series received close to 90,000 confirmed orders as of the end of April — about a month...

Two-wheeler makers ride high on record sales of branded spare parts

At Hero MotoCorp, revenue from spare parts and accessories increased nearly 80% in five years to a r...

Lower shipments of iron & steel dragged down engineering exports in April by 3.2%

India's total engineering goods exports in the financial year ended March 2024 had risen marginally ...

Ola is shifting its IT ops to Krutrim from AWS cloud

Experts have also questioned how Ola plans to fund free/lower cloud distribution for a year.Ola is m...

OPEC+ discuss keeping voluntary oil cuts until year-end

The cuts include 3.66 million bpd by OPEC+ members valid through to the end of 2024, and the 2.2 mil...

Sachin Bansal exits Ather Energy selling remaining stake to Hero MotoCorp, Nikhil Kamath

Nikhil Kamath (left) and Sachin BansalFlipkart cofounder Sachin Bansal has sold his remaining 7.5% s...

Thailand investigates EV giant BYD's dealers over unfair discounting complaint

BYD is scheduled to open its first EV production facility in Southeast Asia in Thailand's eastern Ra...

BMW leads German premium car brands in first-half sales

Carmakers have been slashing prices of EVs particularly in China in an attempt to boost sales amid d...

Air taxis to rule skies soon, revolutionise urban travel

I am confident that India will not only be one of, but perhaps the largest market for electric air t...

Rupee falls 4 paise to 83.95 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.0...

Rupee rises 4 paise to 83.97 against US dollar in early trade

The rupee breached the crucial 84-mark for the second time within a month.The rupee appreciated by 4...