LPG consumption declined 19% in May, petrol-diesel increased
Consumption of diesel and petrol in May rose 0.8% and 2.8% respectively from the comparable period last year.
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industry
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Wipro to up its stake in U.S. firm Aggne Global to 80%
The cash deal, under a purchase consideration of $28.5 million, is expected to be completed by June 5, 2026, as per a regulatory filing made by Wipro
Milk supply situation comfortable; no intention to hike retail prices: Mother Dairy chairman
Mother Dairy chairman Meenesh Shah asserted that the milk supply situation and procurement of milk from farmers in the country are comfortable now
Stock markets snap 4-day losses led by strong rally in IT firms; Sensex up 382 points
The 30-share BSE Sensex climbed 382.50 points, or 0.52%, to settle at 74,649.84 with 20 of its constituents ending higher and 10 with losses
Coca-Cola explores IPO of India bottling unit HCCH in 2027, divest stake
The Coca-Cola Company as its asset-light strategy, is divesting its bottling assets globally
Black Box, AIONOS forge alliance to scale up AI-led infra, applications
The two companies will jointly collaborate in developing industry-focused solutions and expanding go-to-market opportunities across India, North America, EMEA, and APAC
Industry
Govt does not foresee any supply pressure on edible oil: Official
C. Shikha, Joint Secretary at the Dept of Food and Public Distribution told reporters that India’s imports of edible oil were largely from unaffected trade routes as indian Ocean and…
Industry
Dept of Agriculture cuts back on urea, DAP requirements amid expectations of lower monsoon
India has added 132.43 LMT of fertilisers stocks through imports and domestic production - since the conflict broke out February 28.
Industry
Passenger Vehicle sales stay strong in May; Maruti, Kia hit record highs
It was the "highest-ever sales in May" since market entry, Kia India said in a statement
Industry
Power Minister pushes for timely settlement of West Bengal State-depts’ dues, shift to prepaid metering
The West Bengal government committed to saturate smart meters across government establishments by June this year, and transitioning to prepaid by August
Industry
West Asia conflict to impact SAIL steel prices marginally: Official
The company buys raw materials, such as limestone from Dubai, Ashok Panda, the newly appointed Chairman of SAIL, said
Industry
Government exempts import duty on cotton till October 30
The duty exemption will help increase the availability of cotton for the Indian textile sector