India’s shift towards cleaner mobility will require multiple technologies rather than a choice between ethanol and electric vehicles, the Indian Federation of Green Energy (IFGE) said, pointing to the continued presence of nearly 300 million internal combustion engine (ICE) vehicles on the country’s roads.The federation said that ethanol, electric vehicles, hybrids, CNG and hydrogen should…
Earnings per share for S&P 500 companies are on course to be 50% higher than a year ago US stock market today: Wall Street benchmarks traded in a narrow range on Monday, with the market remaining close to record levels, while crude oil prices rose amid continued uncertainty over when the Strait of Hormuz would…
Beijing increasingly controls the marginal barrel of demand – whether it is purchased, stored, released or withheld. For half a century, the global oil market has revolved around two centres of power. The Gulf, led by Saudi Arabia, controlled spare production capacity. The US supplied military protection and financial muscle to Gulf oil. Together, Washington…
ONGC, Shell Energy India set to explore deepwater blocks, LNG sourcing opportunities Oil and Natural Gas Corp (ONGC) and Shell Energy India Private Ltd have signed a non-binding MoU to explore joint opportunities in deepwater and ultra-deepwater oil and gas exploration. The two companies will also look at opportunities for LNG sourcing, ONGC said on…
Govt said the wider sourcing network is aimed at reducing India’s dependence on any single country, region or transit route. India has sharply widened its energy import base, sourcing liquefied natural gas (LNG) from 15 countries, up from six, and crude oil from 41 countries, compared with 27 earlier, as per govt’s statement to Rajya…
Elon Musk’s billboard pictured on the day of SpaceX’s initial public offering (IPO) Elon Musk may have slipped below the trillion-dollar mark, but his fortune has hardly slowed down. Between 2025 and 2026, the world’s richest person added $319.5 billion to his wealth.In July 2026, Musk’s net worth stood at $725.1 billion, compared with $405.6…
Citing an example, it said a typical firm operating in India currently navigates an archaic and disconnected web of regulations consisting of 1,536 distinct Acts, which collectively impose 69,233 separate compliance requirements and mandate 6,618 independent statutory filings across the three tiers of govt. NEW DELHI: Stakeholders have informed a parliamentary committee that despite multi-phased…
The tax-filing portal will show whether the refund is under processing, issued, or adjusted against an outstanding tax demand. ITR filing FY 2025-26: Filed your income tax return within the July 31, 2026 deadline? Are you eligible for an income tax refund? If you are wondering when your tax refund will be credited in your…
In his message to shareholders in the company’s annual report for 2025-26, the veteran industry leader also requested all political parties to support reforms and programmes NEW DELHI: Maruti Suzuki India chairman RC Bhargava has urged the Centre and state govts to proceed faster on the road of reforms and increase efforts to make doing…
Rupee trades in red on Monday Rupee began the week on a negative note, weakening 8 paise to 95.25 against the US dollar in early trade as a firmer greenback and higher global crude oil prices put pressure on the currency.The fall was limited by foreign institutional investor (FII) inflows and the country’s stronger foreign…
