Business

From big plans to bottlenecks: Refining expansion falters, capacity up just 5%; import dependence grows

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India’s oil refining capacity has significantly underperformed, growing only 5% against a targeted 69% increase, hampered by climate concerns, land scarcity, and pandemic disruptions. This ...

Coal to clean power: 10 retired thermal plants to go nuclear; 100 GW goal set for 2047

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India is considering converting 10 decommissioned thermal power plant sites into nuclear facilities to boost its nuclear energy capacity to 100 GW by 2047. The ...

Trade monitor: India’s June merchandise trade deficit narrows to $18.78 billion, services surplus stays strong

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India’s merchandise trade deficit narrowed to $18.78 billion in June, surpassing market forecasts and improving from May’s figures, driven by decreased exports and imports. Merchandise ...

India’s bullet train project on track! Japan’s newest E10 high-speed trains to run on Mumbai-Ahmedabad route; what you should know

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India’s first bullet train project will deploy Japan’s advanced E10 Shinkansen trains, slated to debut in 2030, on the Mumbai-Ahmedabad route. While construction progresses with ...

SIP investments: Does timing the market yield better returns? Here’s what experts say

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Many SIP investors attempt to time their investments with monthly market lows, but a Motilal Oswal study suggests this is largely ineffective. Over a decade, ...

All that’s glittering is not gold! Gold prices have risen smartly, but silver has outshone the yellow metal in recent months

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While gold has seen steady gains due to global uncertainties, silver has significantly outperformed it recently, with a nearly 20% increase since April 1st. This ...

Asian stock market today: Indices trade mixed amid Trump’s renewed tariff threat; Hang Seng up 0.2%, Shenzhen dips 0.9%

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Asian markets displayed mixed performance amid renewed concerns over President Trump’s tariff plans. Japan’s Nikkei 225 saw gains, while Hong Kong’s Hang Seng Index edged ...

Nvidia-China chips: Donald Trump clears AI chip sales to Beijing; company ‘hopes to start deliveries soon,’ says CEO Huang

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Nvidia CEO Jensen Huang announced that the Trump administration has approved the sale of its advanced H20 AI chips to Chinese buyers, reversing previous restrictions. ...

Tesla enters India! Elon Musk-led EV maker to open first showroom in Mumbai today; here’s how much the cars will cost

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Tesla is officially entering the Indian market, launching its first showroom in Mumbai’s Maker Maxity Mall. The EV giant has revealed the on-road price of ...

Ola Electric sees Q1 revenue halve

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Ola Electric experienced a significant revenue drop of 49.6% year-over-year, with revenue falling to Rs 828 crore in the June quarter from Rs 1,644 crore ...