market

Diesel, petrol export revenues dip 20% to USD 33 bn in 2023-24

Jet fuel, naphtha, fuel oil and other products accounted for the balance USD 15 billion of fuel expo...

auto | 5 months ago

OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say

Demand for crude from the wider group is now more relevant, one of the sources said, because the DoC...

auto | 5 months ago

Technological factors can stall or spur adoption of EV 2-wheelers

In the evolving landscape of EV)technology, especially concerning two-wheelers, several technologica...

auto | 5 months ago

Xiaomi moves ahead with Tesla-like SUV as first EV hits goals

Xiaomi’s SU7 series received close to 90,000 confirmed orders as of the end of April — about a month...

auto | 5 months ago

Two-wheeler makers ride high on record sales of branded spare parts

At Hero MotoCorp, revenue from spare parts and accessories increased nearly 80% in five years to a r...

auto | 5 months ago

Lower shipments of iron & steel dragged down engineering exports in April by 3.2%

India's total engineering goods exports in the financial year ended March 2024 had risen marginally ...

auto | 4 months ago

Ola is shifting its IT ops to Krutrim from AWS cloud

Experts have also questioned how Ola plans to fund free/lower cloud distribution for a year.Ola is m...

auto | 4 months ago

OPEC+ discuss keeping voluntary oil cuts until year-end

The cuts include 3.66 million bpd by OPEC+ members valid through to the end of 2024, and the 2.2 mil...

auto | 4 months ago

Sachin Bansal exits Ather Energy selling remaining stake to Hero MotoCorp, Nikhil Kamath

Nikhil Kamath (left) and Sachin BansalFlipkart cofounder Sachin Bansal has sold his remaining 7.5% s...

auto | 4 months ago

Thailand investigates EV giant BYD's dealers over unfair discounting complaint

BYD is scheduled to open its first EV production facility in Southeast Asia in Thailand's eastern Ra...

auto | 3 months ago

BMW leads German premium car brands in first-half sales

Carmakers have been slashing prices of EVs particularly in China in an attempt to boost sales amid d...

auto | 3 months ago

Air taxis to rule skies soon, revolutionise urban travel

I am confident that India will not only be one of, but perhaps the largest market for electric air t...

auto | 1 month ago

Rupee falls 4 paise to 83.95 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.0...

auto | 1 month ago

Rupee rises 4 paise to 83.97 against US dollar in early trade

The rupee breached the crucial 84-mark for the second time within a month.The rupee appreciated by 4...

auto | 1 month ago