New Delhi, June 13 (IANS) India’s ethanol blending programme has achieved significant scale, with E20 operationalised nationwide, a report said on Saturday, as the biofuel landscape enters its next phase of growth beyond the 20 per cent ethanol blending milestone.The report by KPMG in India examines the evolving ethanol landscape as the sector transitions beyond E20, highlighting key opportunities and challenges across feedstock availability, supply chain efficiency, infrastructure readiness a…
Latest Oil and Gas News & Updates
Mumbai, April 23 (IANS) The Indian equity markets posted sharp losses early on Thursday tracking cautious global cues and sustained foreign institutional selling, after the recent rally.As of 9.25 am, Sensex lost 671 points, or 0.85 per cent, to reach 77,845 and Nifty dipped 179 points, or 0.74 per cent, to reach 24,198.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 dipped 0.34 per cent, and the Nifty Smallcap 100 lost 0.16 per cent.All sectoral indi…
Washington, April 20 (IANS) Asia’s growth remains resilient, but a surge in oil and gas prices driven by the Middle East conflict is raising risks for inflation and external balances, the International Monetary Fund (IMF) said.“Asia entered 2026 on a solid footing with growth remaining resilient despite the region bearing the brunt of US tariffs and heightened uncertainty,” Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, said at a press briefing during the Spring M…
Mumbai, April 17 (IANS) The recent correction in the stock market amid geopolitical tensions has pushed the valuations of top Nifty stocks to the 17th percentile, despite significant FII selling of $12.7 billion, highlighting resilience in large-cap stocks and potential buying opportunities, a report has said.A report by DSP Mutual Fund noted that despite $12.7 billion worth of FII selling in March 2026, the largest 10 stocks in the Nifty have shown remarkable resilience, with no significant dis…
Mumbai, April 17 (IANS) Indian equity markets ended on a strong note on Friday, with benchmark indices Nifty and Sensex closing higher as investors remained cautiously optimistic ahead of the second round of US-Iran talks scheduled over the weekend.The Nifty rose 0.65 per cent, or 156.80 points, to settle at 24,353.55, while the Sensex gained 504.86 points, or 0.65 per cent, to end the session at 78,493.54.Commenting on Nifty technical outlook, experts said that the immediate hurdle is seen at t…
Mumbai, March 6 (IANS) The Indian equity markets posted losses in early trade on Friday tracking global weakness, crude oil prices amid tensions in the Middle East.As of 9.28 am, Sensex lost 365 points, or 0.46 per cent, to reach 79,650 and Nifty dipped 103 points, or 0.42 per cent to reach 24,662.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 added 0.30 per cent, and the Nifty Smallcap 100 gained 0.45 per cent.All sectoral indices traded in red exce…
Mumbai, March 3 (IANS) The Bombay Stock Exchange and the National Stock Exchange will remain closed on Tuesday on account of the Holi festival.Trading in equities, equity derivatives, securities lending and borrowing and interest rate derivatives will be suspended for the day, exchanges said on Tuesday. Commodity derivatives will be closed in the morning and open for the evening session.On Monday, Sensex lost 1,048 points, or 1.29 per cent, to reach 80,238 and Nifty dropped 312 points, or 1.24 p…
Washington, Feb 11 (IANS) President Donald Trump said the United States is allowing private companies to build their own power plants to meet what he described as massive electricity demand driven by artificial intelligence.In an interview with Fox Business’s Larry Kudlow, Trump said AI infrastructure requires unprecedented energy capacity.“AI, for whatever reason, needs massive amounts of electricity, right? More electricity than the entire country produces right now by double,” he said.T…
New Delhi, Jan 28 (IANS) India’s strategic mergers and acquisitions (M&A) deal value rose 42 per cent (year-on-year) to $113 billion in 2025, a new report showed on Wednesday.The growth was driven primarily by robust domestic dealmaking, which accounted for 60 per cent of total deal value, alongside a sharp increase in inbound activity, up more than 300 per cent year on year. Foreign investors continued to target financial services and technology assets, according to Bain & Company in …
Mumbai, Jan 10 (IANS) The Indian equity benchmarks closed this week down around 2.5 per cent, continuing decline through five sessions amid persistent uncertainty over the US-India tariff talks and escalating geopolitical tensions.Profit-booking in autos, metals, and oil and gas weighed on indices during the week, while selective buying in consumer durables, on hopes of a demand revival, offered brief respite.Nifty dipped 2.45 per cent this week and 0.75 per cent on the last trading day to end a…