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Image source: X/HardeepSPuri Refiner IndianOil has commenced India’s first-ever export of liquified natural gas (LNG) to Nepal, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri informed on Thursday. This is the initial consignment of a five-year deal between IndianOil and Nepal’s Yogya Holding to deliver 1,000 metric tons of LNG during the agreed…
Reliance Industries has stopped importing Russian crude oil into their SEZ refinery with effect from Thursday (November 20), spokesperson for the privately-owned refiner informed. It held that starting December 1, all product exported from their SEZ refinery will be obtained from non-Russian crude oil. “This transition has been completed ahead of schedule to ensure full…
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A general view of installed solar panels at the Khavda Renewable Energy Park of Adani Green Energy Ltd (AGEL), in Khavda, India. File | Photo Credit: Reuters India’s solar module manufacturing industry is headed for consolidation over the next three to five years as overcapacity and rapid technology shifts squeeze smaller players, ICRA analysts said…
Read More “Solar-module sector faces shake-up as overcapacity looms: ICRA analysts” »
Growth in the Index of Eight Core Industries stood at 0% in October 2025, down from 3.8% in October of the previous year and 3% in September this year. | Photo Credit: Getty Images/iStockphoto Growth in industrial activity in the eight core sectors of the economy remained flat in October 2025, the worst performance in…
Sanjay Malhotra. File | Photo Credit: The Hindu Reserve Bank governor Sanjay Malhotra on Thursday (November 20, 2025) said the central bank does not target any level of Rupee, and the recent depreciation of the domestic currency against the U.S. dollar is owing to demand for the greenback. The governor also said the Reserve Bank…
The 30-share BSE Sensex jumped 446.21 points, or 0.52%, to settle at 85,632.68, and the 50-share NSE Nifty also hit its 52-week high of 26,246.65 during the day before closing at 26,192.15. File | Photo Credit: Reuters Benchmark Sensex climbed 446 points on Thursday (November 20, 2025), extending gains for the second consecutive day on…
Read More “Stock markets surge for second day on firm global trends, fresh foreign fund inflows” »
Representative image | Photo Credit: Getty Images/iStockphoto The rupee depreciated 23 paise to close at 88.71 (provisional) against the U.S. dollar on Thursday (November 20, 2025), on broad strength of the American currency and fading odds of a rate cut by the U.S. Federal Reserve. Forex traders said the dollar has staged a rally, moving…
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Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Putting forth recommendations in the run-up to the Union Budget for fiscal year 2026-27, the Federation of Indian Mineral Industries (FIMI), the industry body for miners, has urged the government to increase the basic customs duty on primary aluminium and products made from it to…
“The NCLT approval marks the beginning of a new chapter for the combined entity and represents a fundamental transformation to leapfrog into the next orbit of the global animal health market,” SeQuent said in a statement. SeQuent Scientific Limited which is into Animal Health industry, and Viyash Lifesciences Private Limitd an integrated pharmaceutical company, announced…
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File picture of Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group | Photo Credit: Reuters The Enforcement Directorate (ED) has attached fresh assets worth more than ₹1,400 crore as part of a money laundering probe related to Reliance Group chairman Anil Ambani and his companies, official sources said. The federal investigative agency had…