INDIA ENERGY WEEK
Nifty gains continue amid narrowing trading range and low volatility The markets continued with their unabated upmove in the week that went by and ended once again with net gains. While continuing with the advance the Nifty 50 Index extended its move higher. However, as compared to the previous week, this time, the t...
06 Jul, 2024, 05.14 PM ISTWe expect policy stability, renewable energy investment from Budget 2024: Sharad Mahendra, JSW Energy With these PPAs signing, the percentage of open capacity once these capacities get commissioned in a span of 18 to 24 months, ultimately the merchant portfolio will be even lower than 15% going forward. So, more of long-term PPAs will be there.
04 Jul, 2024, 01.11 PM ISTIndia's biggest concentrated solar tender likely this year The tender will be issued by the end of this fiscal, Gupta said. SECI is the nodal agency for implementing the government's renewable energy projects. "There have been solar thermal tenders but not of this scale," Gupta told reporters on the sidelin...
04 Jul, 2024, 12.15 AM IST- ADVERTISEMENT
India taps Africa, Latin America to shore up critical mineral supply India actively pursues strategic partnerships with Africa and Latin America to secure critical minerals, focusing on lithium for clean energy technologies. The country seeks to reduce import dependency and encourages private Indian investments in ov...
03 Jul, 2024, 12.24 AM ISTRelationship between India, US 'multiplicative': US envoy Garcetti "This (India-US) is a relationship that isn't just additive. It's not just the US plus India. It's multiplicative. It's the United States times India," Garcetti said at the meeting held in the suburbs of Washington on Monday.
27 Jun, 2024, 03.36 PM ISTThese 7 capital goods stocks hit fresh 52-week highs and rallied up to 50% in a month This metric helps assess a stock's current value and forecast potential future price trends.
24 Jun, 2024, 09.03 PM ISTStocks to buy: Bet on stocks that regularly beat analyst estimates; 5 stocks with double-digit upside Stocks to buy: Out of 304 companies, where estimates are compiled by a minimum of three analysts through Reuters-Refinitiv, 50 stocks have consistently surpassed analysts’ net profit estimates in all four quarters of 2023-24. This group of 50 stocks...
24 Jun, 2024, 06.30 AM ISTBlock deals worth over Rs 40,543 crore this week. Indus Towers, HAL, Suzlon Energy among stocks with major action Despite the Nifty index closing the shortened trading week with a slight increase of 0.4%, significant activity was observed in block deals. Over three dozen companies across various market caps saw block deals worth a total of ₹40,543 crore, involv...
22 Jun, 2024, 01.50 PM ISTThese 4 capital goods stocks hit a 52-week high and rallied up to 25% in a month The benchmark Sensex index fell on Friday, dropping about 269 points to close at 77,209. Despite the market downturn, four stocks in the BSE capital goods index reached their highest prices in the past year.
21 Jun, 2024, 06.57 PM ISTStock market update: Stocks that hit 52-week lows on NSE Maruti Suzuki, Dr. Reddys, UltraTech Cem., Divis Labs and Grasim Inds. were among the top losers on NSE.
18 Jun, 2024, 10.09 AM ISTCentre slashes windfall tax on crude oil to Rs 3,250 per tonne The new rates will be effective June 15, 2024, Central Board of Indirect Taxes and Customs ( CBIC) said in a late night notification Friday.
15 Jun, 2024, 09.02 AM ISTBlock deals worth over Rs 7,640 crore this week. Chandrababu Naidu’s Heritage Foods, Adani Ports see top action The week was an eventful one. Besides the general election results, D-Street saw some prominent block deals which included over three dozen companies from large, mid and smallcap segments. Shares worth Rs 7,640 crore were traded on screen, which inc...
08 Jun, 2024, 02.09 PM ISTCorporate Actions This Week: Infosys, JSW Energy, IEX to go ex-dividend; Davangere Sugar ex-split This week, several companies like Infosys and GlaxoSmithKline Pharmaceuticals will go ex-dividend, while Balaxi Pharmaceuticals and Davangere Sugar Company will undergo stock splits. Ex-dividend date is when stock prices adjust for dividend payouts,...
26 May, 2024, 11.44 AM ISTIndia revises windfall tax to Rs 8,400 per tonne, effective May 1 The export duty on petrol diesel and aviation turbine fuel (ATF) will continue to be nil. The new rates will be effective May 1, the central board of Indirect Taxes and Customs( CBIC) said in a late night notification Tuesday. The government had on ...
01 May, 2024, 12.27 AM ISTIndia going to be the global story on energy, says Petroleum Minister Hardeep Puri India is poised to become a major growth story in the energy sector by 2030, Union Petroleum Minister Hardeep Puri said. The oil minister also stated that domestic production will increase, and the country is aggressively working on biofuels, compre...
08 Feb, 2024, 02.22 PM ISTIndia for predictable trajectory to cleaner fuel for orderly energy transition The recent reforms in the sector, including diversification of sources of imports and changes in gas pricing mechanism, ensured that prices of petrol and diesel in India declined while the global prices were shooting up, he said.
07 Feb, 2024, 08.50 PM ISTPetrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says Jean Paul Prates said Petrobras has also formed task forces with Indian explorer Oil and Natural Gas Corp and refiner Bharat Petroleum Corp Ltd to look at projects in Brazil as well as overseas, in refining and renewables. The Indian firms already o...
07 Feb, 2024, 04.45 PM ISTOil cos losing close to Rs 3 a litre on diesel, profit on petrol down Indian state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), are reportedly losing nearly Rs 3 per liter on diesel, with reduced profit margins on...
07 Feb, 2024, 10.29 AM ISTIndia saves $6 bn on Qatar LNG deal renewal; signs $78 billion pact for 20 years The two sides were engaged in intense negotiations over the last few months. There were heightened tensions when a Qatar court sentenced eight former Indian Navy officials to death in October for allegedly spying for Israel. At December-end, their s...
06 Feb, 2024, 04.56 PM ISTBPCL to shut 4.5 mln ton/year crude unit at Kochi refinery in Sept-Oct However, the company is also looking to expand its refining capacity by 25% in the coming four years, an executive told Reuters. Earlier this month, BPCL announced a net profit of Rs 22,449.32 crore in the 9-month period of current fiscal as compare...
06 Feb, 2024, 11.39 AM IST