Sudheer Pal Singh

Street basks in Diwali glow: Benchmark indices post best week in 6 years

Rupee shines across Asia; Brent sinks most in a week since Covid

Karnataka minister alleges oil firms supplied petrol with over 20% ethanol

Karnataka minister Rizwan Arshad alleged that petrol samples showed ethanol blends exceeding 20 per cent, with some above 30 per cent, and sought action against oil companies.

Oil set for biggest weekly drop; may bring relief for India's oil bill

Brent crude fell 16 per cent from its October 30 peak amid hopes of easing US-Iran tensions, potentially reducing India's import costs and losses at state-run oil firms

Crude price cool-off likely to soften cost squeeze on oil companies

Brent slips below $94, offering respite to fuel retailers amid unchanged pump prices

Clean energy sector receives long-term investment pledges of $400 billion

Union Minister Pralhad Joshi said the government had secured $400 billion in long-term investment commitments and was targeting another ₹21 lakh crore in renewable energy investment by 2030

Green hydrogen push faces reality check as projects struggle to take off

Nearly four years after launch, India's green hydrogen mission faces high costs, slow execution, and uncertain demand. Experts say bankable contracts and purchase mandates hold the key to success

India's data centre sector to draw ₹3 trillion investment by FY30: Crisil

India's data centre capacity is projected to rise fivefold to 7.5 GW by FY30, driven by GenAI demand and digitalisation, though power infrastructure bottlenecks pose risks to expansion

Diesel consumption rises 11.69% in October, LPG demand falls 12.11%

India's diesel consumption rose 11.69 per cent in October, while petrol demand grew 3.11 per cent and LPG usage fell 12.11 per cent amid supply disruptions linked to the West Asia crisis

Indian Oil spends 37% of ₹32,700 crore FY27 capex target in first half

Indian Oil spent ₹12,162 crore in the first half of FY27, with refining and marketing accounting for the bulk of investments as major refinery expansion projects near completion.

Powered by fuel earnings, Reliance Industries tops Sep quarter estimates

First to report over Rs 50K cr half-year profit

RIL's O2C Ebitda jumps 68% on higher fuel cracks and chemical margins

RIL's Q2FY27 gross revenue rose by 27.8 per cent to ₹3.62 trillion from ₹2.84 trillion in the year-ago period

Partially explored coal mines to get upfront payment waiver benefit

The coal ministry has extended the upfront payment waiver to partially explored coal blocks where successful bidders undertake underground mining exclusively, to encourage investment

Coal India Q2 net profit jumps 57% to ₹6,547 crore on higher realisations

Coal India's Q2FY27 profit rises to ₹6,547 crore as higher coal realisations and other income offset rising expenses, while total income increases 21 per cent to ₹46,833 crore

Eleven Power to pursue legal remedies after HERC halts licence process

Haryana's electricity regulator has stopped further proceedings on the company's 25-year parallel distribution licence for Gurugram and Nuh following a state government directive

Vedanta Oil and Gas swings to ₹746 crore profit in Q2 despite output dip

Vedanta Oil and Gas reported a ₹746 crore profit in Q2FY27 against a year-ago loss of ₹92 crore, aided by higher price realisations and cost optimisation despite lower production

India signs world's largest green hydrogen offtake commitments: MNRE

Twenty-three contracts covering over 550,000 tonnes per annum of green hydrogen equivalent have been signed since 2023, with more than 70 per cent earmarked for exports

Vedanta Q2 net profit jumps 151% to ₹6,202 crore, revenue rises 57%

Vedanta reported a 151 per cent jump in Q2FY27 net profit to Rs 6,202 crore, while revenue rose 57 per cent to Rs 25,812 crore and Ebitda reached a record Rs 9,938 crore during the quarter.

Adani Ports Q2 profit rises 18% to ₹3,682 crore, raises FY27 guidance

Adani Ports reported an 18 per cent rise in Q2FY27 net profit to Rs 3,682 crore and 24 per cent revenue growth, prompting it to raise its FY27 revenue, Ebitda and capex guidance.

L&T Q2 profit jumps 33% to ₹5,202 cr, order inflow at ₹1.47 trillion

Infrastructure major L&T reported 16% revenue growth to Rs 78,750 crore in Q2 FY27, while its consolidated order book reached Rs 8.53 trillion, with 54% from international orders

Venezuelan crude offers Reliance margin boost, but supply is a hurdle

Marco Rubio's meeting with Mukesh Ambani has revived interest in Venezuelan crude, but limited supply and strong global refining margins could constrain Reliance's advantage over rivals