Sesa Sen
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India's Peak Power Consumption Eases Amid Monsoon Showers, Weak Cooling Demand
India's electricity demand typically peaks during the summer months of May and June as households and businesses increase cooling use.
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BigBasket CEO Hari Menon Steps Down; Amazon Veteran Amit Nanda Takes Over
The change in guard comes as the Tata Group looks to sharpen BigBasket's positioning in the hyper-competitive quick commerce market.
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India Sees Oil Flow Recovery Taking Weeks After Hormuz Reopening
A senior petroleum ministry official told NDTV Profit that the reopening of Hormuz would allow crude, LNG, and petroleum product shipments to resume without any restrictions in the coming days.
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Russian Oil Imports Hit Two-Year High As India's Post-Hormuz Strategy Takes Shape
Venezuelan and Kazakhstani supplies also rise sharply as India reworks sourcing strategy.
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OMCs Under Recoveries At Rs 3 Per Litre On Petrol, Down 75% On Diesel
For petrol, the under-recoveries are down 83% to Rs 3 per litre.
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Consumers Turn To Rs 5, Rs 10 Packs As Inflation Pinch Household Budgets
While manufacturers initially raised prices on larger packs, many are now turning to shrinkflation-reducing pack sizes while keeping prices unchanged.
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India's Fuel Consumption Drops 6.5% In May As LPG Demand Plummets; Petrol, Diesel See Subdued Growth
The fall comes amid a global energy supply disruption and the on-going conflict in West Asia between Iran and United States; besides this sharp rise in bulk diesel prices and higher prices at private pumps have also led to curbing consumption.
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Online Shoppers Lose Up To Rs 28,000 Crore Annually Due To Deceptive Digital Practices: Datum
About 63% of users making online payments encounter hidden charges or drip pricing, where extra costs become visible only during the final stages, the report said.
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Govt Cuts Subsidised LPG Cylinders Under PM Ujjwala Scheme To Four Per Household
Government cites rising LPG supply costs and Rs 700 per-cylinder under-recovery as it limits PMUY subsidy support to four annual refills.
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Ethanol Push: Oil Minister Puri Expects E85 To Beat E20 In Adoption On Cheaper Price Point
Government plans to increase the network of E85 dispensation stations from around 50 at present to 500 by the end of the year.
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India Launches E85 Fuel As Ethanol Pivot Turns Stronger; Priced Rs 20 Lower Than E20
E85 fuel would help reduce vehicular emissions and curb India's dependence on imported crude oil.
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Airlines Free To Opt In Or Out Of Upcoming ATF Stabilisation Scheme, Govt Clarifies
Scheme likely to be rolled out soon; government awaiting feedback from carriers before finalising modalities
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Cutting Costs, Not Experiences: The Balancing Act Of Indian Households Amid Global Uncertainty
A research reveals a set of consumers navigating concerns about a potential global economic slowdown, and increasing job-related anxieties, while adjusting financial habits accordingly.
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LPG Sale Loss Stands At Rs 650/Cylinder For OMCs, Govt Says After Fresh Hike
Rising global LPG prices and a weaker rupee have widened under-recoveries, even as domestic cooking gas rates remain unchanged.
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Summer Is Blazing, But AC Sales? Not So Much
Major players including Voltas Ltd., Blue Star Ltd., Daikin India and Godrej Appliances are reporting sales growth of 15-20% compared to last year — far below industry expectations of 25-30%.
