NEW DELHI: Alternative-fuel vehicles may have overtaken petrol cars in India-but only if hybrids are counted as alternatives. FADA’s Aug registration data showed petrol’s share of passenger-vehicle retail declining to 40.8%, while CNG, electric and hybrid vehicles together reached 41.9%.The crossover appeared to mark a significant change in India’s fuel mix, with alternatives moving ahead…
New Delhi: Foreign investors pulled out Rs 13,138 crore from Indian equities in the first half of Sept, as heightened global uncertainty pushed crude oil prices higher, while rising US bond yields and a firm dollar weighed on risk appetite.The latest outflow comes after Foreign Portfolio Investors (FPIs) turned net buyers in July and Aug,…
NEW DELHI: As Russian refineries came under attack from Ukraine, damaging energy infrastructure and crippling domestic fuel supplies, Moscow imported a record 172,000 tonnes of oil products in Aug, with nearly 70% of it coming from India, Centre for Research on Energy and Clean Air (CREA) has said in its monthly report.India, however, remained the…
Gold and silver prices are likely to stay volatile (representative image) Gold and silver prices are likely to remain volatile next week, with the US Federal Reserve’s interest rate decision, crude oil movements, the US dollar and developments in the US-Iran conflict expected to drive market sentiment, analysts said.The September 15-16 meeting of the Federal…
Stock market holiday on September 14 Ganesh Chaturthi is falling on Monday, September 14 and investors are wondering whether the festival will affect trading in the stock and commodity markets.NSE and BSE follow their own trading holiday calendars, which are separate from holidays observed by banks and government offices. According to the 2026 exchange calendar,…
India’s Dedicated Freight Corridor project has finally reached a milestone that was years in the making. Indian Railways moves the nation – from passengers to goods – the network is vast, but also congested. Trains, whether passenger or freight, face delays, slower average speeds as the system functions under the load of huge demand.But now,…
India’s semiconductor sector gathers pace with $701 million raised since 2025 (representative image) India’s semiconductor sector has attracted $1.4 billion in cumulative equity funding across 281 funded companies, with nearly half of the amount raised since 2025, according to Tracxn data cited by PTI.The sector raised $701 million since 2025, including $228 million in 2026…
India supplies 70% of Russia’s record fuel imports as Ukrainian drones hit refineries India emerged as the biggest source of Russia’s fuel imports in August, as Ukrainian drone strikes hit Moscow’s refineries and disrupted domestic fuel production. During the month, Russia imported 172,000 tonnes of oil products, more than seven times its previous monthly record.According…
India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge India’s gem and jewellery exports rose 3.14% year-on-year to $2.30 billion (Rs 21,945.87 crore) in August, as a sharp increase in shipments of studded gold jewellery and higher diamond export volumes supported the overall performance, the Gem and Jewellery Export Promotion Council…
MUMBAI: HDFC Bank has submitted two names in order of preference to RBI for appointment as its next managing director and CEO, setting in motion the succession process ahead of Sashidhar Jagdishan’s exit at the end of Oct.Alongside the CEO shortlist, the board also approved a revamp of its senior management by elevating chief credit…
